November 2016

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A modern example of Gresham's Law

A modern example of Gresham's Law

joni Jumat, 18 November 2016 Add Comment Gresham's Law, inflation, sticky prices, stock market and equities, Zimbabwe Edit

Sir Thomas Gresham Anyone who makes an effort to study monetary economics quickly encounters the concept of Gresham's law, or the idea t...

Modi's demonetization: chaos is a feature, not a bug

Modi's demonetization: chaos is a feature, not a bug

joni Minggu, 13 November 2016 Add Comment Bangko Sentral ng Pilipinas, cash, demonetization, Reserve Bank of India Edit

Prime Minister Narendra Modi's aggressive demonetization of the 500 and 1000 rupee note is causing plenty of chaos in India. A general ...

Aggressive demonetizations

Aggressive demonetizations

joni Selasa, 08 November 2016 Add Comment cash, demonetization, Ken Rogoff, legal tender, Reserve Bank of India, Riksbank, seigniorage Edit

Prime Minister Narendra Modi surprised Indians today by announcing that India's highest denomination notes, the 500 and 1000 rupee, wil...

OneCoin round 2 - it's all about the "family" and merchants

OneCoin round 2 - it's all about the "family" and merchants

joni Senin, 07 November 2016 Add Comment OneCoin, scam Edit

The saga of OneCoin continues. We've talked about the issues they might be running into with using big numbers for their currency , how...

Thoughts on Rogoff's 'Curse of Cash'

Thoughts on Rogoff's 'Curse of Cash'

joni Sabtu, 05 November 2016 Add Comment anonymity, cash, Federal Reserve, Ken Rogoff, Riksbank Edit

The US$5000 banknote, destroyed in 1969 along with the $10,000, $1000, and $500 notes With the publication of his new book The Curse of Cash...

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