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After the Global Financial Crisis, central banks became identified as banks’ closest allies, rescuing them from failure when things go wrong. Banks, in turn, emerged as complex and unstable institutions that privatize profits and socialize losses, to the despair of taxpayers. And regulation...
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offerings (ICOs) involve the sale or other distribution of cryptocurrency coins or tokens, typically with the aid of white … extended arguments for how users of the coins and society in general could benefit from a new way of organizing economic … could shield truthful speech and subjective opinions about new crypto coins from some of the worst chilling effects of U …
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applied in Sweden in the period 1153–1512. In medieval Europe, old coins were frequently declared invalid and were exchanged … experience is extraordinarily well in line with what one would expect from the theory of short-lived coins. Economic backwardness …-faced coins in 1290. With an end to recoinage, the Swedish kings then accelerated the debasement of the long-lived coins. The …
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Primitive and Non-metallic Money -- Monetary System of Ancient Asia: China -- Monetary System of the Ancient Regime -- Medieval Debasement and Seigniorage -- Gresham's Law -- Flows of Precious Metals and Prices in Europe -- Rise and Decline of the Global Silver Standard -- Money, Trade, and...
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