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written by Karl-Friedrich Israel When central banks make decisions about inflation, interest rates, or financial stability, they rely heavily on economic research. But where…
written by Karl-Friedrich Israel When central banks make decisions about inflation, interest rates, or financial stability, they rely heavily on economic research. But where…
What is fiat money and what does it do? This is essential to understand since today’s worldwide unbacked paper, or “fiat,” money regime is an…
