Money as layers joni Februari 28, 2017 Add Comment Bitcoin, cash, fintech, gold Edit Source Whenever I try to come up with a metaphor for the monetary and banking system I think about the 2010 film Inception , one of my favor... Read More
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... Read More
Blockchain Terminology - a developer perspective joni Februari 20, 2017 Add Comment Blockchain, dictionary, SCC, terminology Edit One of the discussions I had with SCC 's committee on " Blockchain and electronic distributed ledger technologies " was about ... Read More
To what extent can Trump trash the dollar? joni Februari 09, 2017 Add Comment Exchange Stabilization Fund, Marvin Goodfriend, mercantilism, SDR Edit Donald Trump doesn't like the strong dollar, but is there anything he can do about it? Last month Donald Trump told the Wall Street Jour... Read More
Corda and the Distributed Ledger Technology joni Januari 30, 2017 Add Comment Blockchain, Corda, DLT, Open Transactions, Permissioned Blockchain, smart contracts, Smart Oracles Edit Recently I became involved with SCC 's committee on " Blockchain and electronic distributed ledger technologies ". During one ... Read More
Italian exit and the problem of lira shortages joni Januari 30, 2017 Add Comment Bank of Italy, demonetization, dollarization/euroization, Gresham's Law, Reserve Bank of India Edit The topic of euro breakup has slowly been trickling back in the news, especially with the potential for Italy leaving the currency union, a... Read More
The shrinking rupee joni Januari 16, 2017 Add Comment cash, demonetization, Reserve Bank of India, SNB Edit Earlier this month I criticized the architects of India's recent note demonetization for not using the traditional overstamping techniq... Read More