Tag Archives: Free Banking

A shift in monetary regimes?

By Warren Coats[1] This Sunday, August 15, is the 50th anniversary of President Richard Nixon’s closing of the gold window as part of the “Nixon Shock.” “Fifty years later Nixon’s August surprise still reverberates”  He announced on that day that … Continue reading

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Free Banking in the Digital Age?

By Warren Coats[1] Introduction A number of central banks are considering issuing digital currency either in place of the paper currency they now issue or in parallel with it.  The advantages of central bank digital currency (CBDC) over paper currency … Continue reading

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