Why Emerging Markets Are Wary of Modern Monetary Theory
While MMT may be the de facto policy of rich Western governments, applying it to developing economies could be disastrous.
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In a bid to wake people to the dangers of Modern Monetary Theory (MMT), a message that read “printing money is stealing from the poor,” accompanied by a Bitcoin symbol, was projected on the Bank of England (BoE) building. The incident has highlighted the disconnect between economic policy and cryptocurrency in general. With alarm bells […]
Bitcoin.com got the chance to sit down with respected Bitcoin thinker Konrad S. Graf and talk about the ongoing Bitcoin block size controversy. By applying the theories of political economy to the issue, Graf argues that the 1 MB block size limit is economically most similar to a government mandated output ceiling. To get the details on where Graf....
Bitcoin is a contender to replace inferior monetary defensive protocols in order to maximize the protection of individual rights.
Time is money. I’m sure that almost each and every one of us has heard this famous expression and immediately recognized it as an indisputable belief. In fact, the infamous expression is said to be credited to Benjamin Franklin,who wrote in an essay: In fact, all societies throughout human history have believed time to be something that has value. Even....
Carolyn Wilkins, senior deputy governor of the Bank of Canada recently warned banks about the effect that cryptocurrencies like Bitcoin can bring to the monetary policy. According to the speech “Innovation, Central-Bank Style” Canada’s banks should manage the risks and benefits that could arise from the broader adoption of e-money. According to Carolyn Wilkins: The senior deputy governor of the Bank of Canada stated that according to the corporate plan the bank will explore modern financial and technology trends over the course of three years. The bank will focus on studies of modern....