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It would seem that physical currency should be fading out as the world of payments is increasingly electronic, with new technologies emerging at a rapid pace, and as governments look to restrictions on large-denomination notes as a way to reduce crime and tax evasion. Nonetheless, demand for...
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international finance. In the paper I show how it works through three examples: price of commodities, dollarization, and the …. -- Triffin dilemma ; global currency ; regional monetary union ; dollarization …
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