Silvio Gesell

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Demonetization by serial number

Demonetization by serial number

joni Februari 21, 2017 Add Comment demonetization, Greg Mankiw, Ken Rogoff, Reserve Bank of India, Silvio Gesell, zero lower bound Edit

This continues a series of posts ( 1 , 2 , 3 ) I've been writing that tries to improve on Indian PM Narendra Modi's clumsy demonetiz...

Andy Haldane and BOEcoin

Andy Haldane and BOEcoin

joni September 24, 2015 Add Comment Bank of England, Bitcoin, cash, Fedcoin, Gresham's Law, Ken Rogoff, large value note embargo, Miles Kimball, Silvio Gesell, zero lower bound Edit

The 1995 British two pound "Dove" coin The Bank of England's chief economist Andrew Haldane recently called for central banks...

Alberta Prosperity Certificates and a Greek parallel currency

Alberta Prosperity Certificates and a Greek parallel currency

joni Mei 26, 2015 Add Comment Gresham's Law, Irving Fisher, Silvio Gesell, Yanis Varoufakis Edit

This post is about the Alberta Prosperity Certificate , one of the world's stranger monetary experiments. Issued in late 1936 and early ...

A lazy central banker's guide to escaping liquidity traps

A lazy central banker's guide to escaping liquidity traps

joni Februari 17, 2015 Add Comment cash, fungibility, large value note embargo, Miles Kimball, Silvio Gesell, unit of account, zero lower bound Edit

For lazy central bankers, this post describes three lite strategies for getting interest rates below the zero lower bound. Rather than requi...

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