Tag Archives: PayPal

Whither Libra?

Every other day, it seems, we witness the launch of a new crypto (digital) currency.  Each combines a medium of exchange (a currency) and a means of payment (a technical process of delivering the currency—of making a payment with it). … Continue reading

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Printing Money

Isn’t that just printing money?  Here is a quick, and hopefully simple, primer on what central banks do. Central banks print money. They are responsible for issuing a country’s legal tender (banknotes and bank deposits with the central bank) and … Continue reading

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