Recently, I argued that a central bank cryptocurrency can be a useful tool in the struggle to democratise money. Such a tool is, of course, … Why Bitcoin is not the answerRead more
Finance
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A central bank cryptocurrency to democratise money
The history of money has been the history of the struggles to control the payment system and the money tree. Today, with control over both … A central bank cryptocurrency to democratise moneyRead more
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Funds Held by Indians in Swiss Banks is Highest in 13 Years in 2020
Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over … Funds Held by Indians in Swiss Banks is Highest in 13 Years in 2020Read more
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Central bank independence is a myth
What about green central banking? – op-ed in Green Central Banking Last week the ECB announced its new policy of ‘going green’. How can a … Central bank independence is a mythRead more
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The Increasing Economic Value of Digital Capital
A firm’s financial statement comprises two distinct types of assets. Tangible assets are mostly physical in nature, and include vehicles, land, plants, equipment, and furniture, … The Increasing Economic Value of Digital CapitalRead more
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UK moves one step closer to digital cash
On April 19th, the UK government and the Bank of England announced they are setting up a Central Bank Digital Currency Taskforce. This an important … UK moves one step closer to digital cashRead more