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recount their relationship as an experiment in novel engagements with economic things (money, corporations, universities … is a specific set of projects around money and payment. The intellectual background is the anthropology of finance and …
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occurring at the incorrect scale. Rather than being some form of trans-national digital money to be used alongside or compete … with national fiat currencies, I argue that, instead, each cryptocurrency represents its own self-contained "money …
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Today all countries have fiat money issued by a central bank. There is no obligation by a central bank to exchange its … money for gold or any other good. Central banks have the monopoly to issue central bank money and have the power to create … their money out of nothing. Creating such a monetary system is functional for a capitalist economy and must be regarded as a …
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. Quantitative goals take three forms: exchange rates, money growth rates, and inflation targets. We analyze the effects on inflation …
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On 5-6 September 2012 SUERF held its 30th Colloquium “States, Banks, and the Financing of the Economy” at the University of Zürich, Switzerland. The papers included in this SUERF Study are based on contributions to the Colloquium. All the papers in this publication discuss from different...
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