What happens when a central bank splits in two?
Say the San Francisco Fed decided to secede from the Federal Reserve System or the Bank of Greece started to print its own euro notes withou...
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Tampilkan postingan dengan label Bank of Greece. Tampilkan semua postingan
Tampilkan postingan dengan label Bank of Greece. Tampilkan semua postingan
Greece and IMF SDRs—Gold Next?
The FT makes a hullabaloo out of Greece using special drawing rights (SDR) to pay the IMF earlier this week, referring to the step as ...
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Plumbing the depths of the effective lower bound
April 24, 2015
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Bank of Greece,
cash,
Danmarks Nationalbank,
ECB,
large value note embargo,
SNB,
Willem Buiter,
zero lower bound
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Unfathomable Depths by Ibai Acevedo Denmark's Nationalbank and the Swiss National Bank are the world's most interesting central ban...
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Grexit: An Escape to More of the Same
Januari 24, 2015
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Bank of Greece,
dollarization/euroization,
drachma,
ECB,
Hans-Werner Sinn,
hysteresis,
medium of exchange,
store of value,
unit of account
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The upcoming Greek election has renewed interest in the idea of Grexit. This option is often presented to the Greek public as desirable give...
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