The modern monetary system, built on fiat money, has weak foundations similar to the Leaning Tower of Pisa, risking economic instability and collapse. Historical debasement practices, like those of ...
The Green Party is issuing a cautionary statement regarding a proposal ostensibly to finance a just and sustainable transition. Three authors have proposed a financing scheme for a Green International ...
THE European money crisis only dramatized what many experts have long regarded as an unassailable dictum: the free world’s monetary system is overdue for an overhaul. That system—the internationally ...
Forbes contributors publish independent expert analyses and insights. A few years ago I wrote a piece, for Public Discourse, called “Montesquieu and the Monetary System.” It discussed our having fiat ...
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. The European Monetary System (EMS) was ...
Europe’s monetary system is moving toward a digital future while keeping its traditional structure intact, according to senior European Central Bank officials s ...
Representatives of Banque de France, the French central bank, have embraced the global perspective on the central bank digital currency (CBDC) discussion, touting it as the foundation of a new ...
Over the years the responsibility of stabilization policy have increasingly been place on the shoulders of central banks. However, for central banks to deliver on this mandate their monetary policy ...
From exchange rate unification to boosting foreign reserves through foreign capital inflows, bold reforms in the nation’s monetary management system dovetailed into expected volatility. Assistant ...
In “The Federal Reserve Has an $8 Trillion Secret” (Political Economics, Dec. 8), Joseph Sternberg provides a welcome suggestion that the Fed communicate its balance-sheet intentions. He notes that ...