Central Bank

Exploring why and how CBDCs can be issued on a public blockchain like Solana and the path to getting there. — Over 80% of central banks are exploring the possibility of directly issuing digital money on decentralized ledgers, a.k.a. central bank digital currencies (CBDCs). While most CBDC initiatives are still in the research and testing phase, privately-issued stablecoins are arguably the only web3 product vertical that has found product-market fit, with…

The second article of a trilogy on inflation. It aims to debunk the reasons advanced to justify the use of the inflation target, which is at the core of Central Banks' current monetary policy. This series of articles intends to challenge certain preconceived ideas, but also to stimulate ideas for…

A look at the potential impact of CBDCs on the global financial system. Central bank digital currencies (CBDCs) are digital versions of fiat currencies that are issued and regulated by central banks. …

The Birth of the Fed. In 1907, crowds headed to NYSE to withdraw the money. The street was blocked and banks couldn’t deal with all of them. This bank run was especially painful due to none of the ‘reserve payment system’ and ‘monetary control.’ It was the Panic of 1907…

This is a part 1 of the Earthcoin series, making an argument for the criticality of mankind adopting a global, autonomous currency, to foster a more thriving and equitable future. To understand why sharing a single currency globally, and it being out of anyone’s control is such a big deal…

In the last chapter, we learned about how England first developed central banks and bank notes. But how did this come about in America? At least in part, war was responsible… Some of the founding fathers didn’t want central banking While England went forward with its implementation of a central bank, many of America’s founding fathers saw central banking…

Banks are essential institutions in the modern financial system, providing a wide range of services to individuals, businesses, and governments. From commercial banks to credit unions, each type of bank serves a unique purpose and has its own advantages and disadvantages. In this article, we will explore the different types of banks and their respective roles in the financial system. We will also discuss the services they offer and the qualifications necessary to work in each type of bank.

Ready to level up your economic knowledge? Dive into our comprehensive blog on the difference between inflation and recession. What is the difference between inflation and recession? The rising cost of living has caused widespread financial stress for individuals around the world, including in the United States. …

Marc Lavoie University of Ottawa, Canada, and Université Sorbonne Paris Nord, France “In general, the rise in profits and the profit share can be explained without resorting to an explanation based on firms taking advantage of the situation and raising markup rates. …