Welcome to WordPress. This is your first post. Edit or delete it, then start writing!
There is increasing pressure on central banks to take climate change into account in formulating monetary policy. The Bank of England and the European Central Bank have already done so, and the Fed may follow suit. Indeed, the Fed’s move into credit allocation and fiscal policy, as a result of the 2008 financial crisis and […]
Many observers are treating China’s plan for a central bank digital currency (CBDC) as a strictly progressive, technical move that other nations should emulate. The United States, in particular, is concerned that China already has a large head start, which may threaten the dollar’s dominance as a reserve currency. Although the alleged purpose of supplying […]
“This great Nation will endure as it has endured, will revive and will prosper. …[T]he only thing we have to fear is fear itself.” — FDR, in his first inaugural address. “There is no place for industry; because the fruit thereof is uncertain.”—Thomas Hobbes, on the state of nature, in Leviathan. Not the Sum of […]