A different type of G7 central bank divergence

The era of free money may have ended

ECB Study: Digital Euro Could Drain 700 Billion Euros from Banks During Crisis

A European Central Bank simulation study reveals that a digital euro could potentially drain up to 700 billion euros ($810.88 billion) in de

I've written on this notion of a Bessent Doctrine. My thesis is that Bessent views stablecoins under the GENIUS Act as being the 3d Act of the Dollar. The 1st Act was the post WW2 Bretton Woods accord

The Mechanics of Money: How Deficits, Trade, and Reserves Interact in Modern Economies

This article provides a detailed technical explanation of how money actually works in modern economies, focusing on the accounting mechanics

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