Money beyond borders: a book review
…stablecoins are linked to the dollar, which simply extends dollar dominance. One alternative to stablecoins is central bank digital currency, digital tokens that provide a direct claim on central banks….
…stablecoins are linked to the dollar, which simply extends dollar dominance. One alternative to stablecoins is central bank digital currency, digital tokens that provide a direct claim on central banks….
Tracking 2025 Domestic Performance by Amtrak; It is an alternative to expensive gasoline, dangerous highways, crowded airport and increasing costs. It is profitable . . . The issues? Not enough…
…that would be air competitive for product and people for certain distances that does not exist. A railpike would create a higher speed alternative to interstate highways and create new…
…Germany (the top maker of solar panels until China recently passed them) in particular rubs in our faces that they’re winning on the alternative-energy sources front (h/t Barry Ritholtz): The…
…Leigh, Leaks reveal secrets of the rich who hide cash offshore, The Guardian (Apr. 3, 2013); The corporatist crowd that refuses to admit the empirical evidence that says government investment…
…$400,000, and on couples with non-investment income of at least $450,000, to Clinton-era rates, and slight raises on some investment income, to less than Clinton-era rates. Clinton-era rates being rates…
…were exhausted, meaning that in general, only those firms with exceptionally high investment demand borrowed heavily; this explains the strong correlation between borrowing and investment. But since the shareholder revolution…
…Heritage position confuses savings and investment, missing the point that when interest rates are already down, savings can’t have much impact in reducing interest rates to make investment more attractive….
…life of its own, increasingly moving away from financing for real investment or for the international flow of goods to trading in existing financial assets. Such trading often became a…
…off four such possibilities. The first two are proposals from the Obama Administration which have been stonewalled by Congressional Republicans: (1) accelerating public investment in infrastructure; and (2) using Federal…