monetary system
an alternate monetary operating system
Douglas Rushkoff isn’t always making the most economically popular arguments but I think he’s on to something when talking about currency. Thinking that the current incarnation of the monetary economy is the only system for money isn’t only dangerous, it is incredibly ignorant. As the energy supporting overinflated fiat currencies like the US dollar becomes [...]
a serious look at the US $ being replaced as the global reserve currency
An interesting paper from and NBER Conference back in 2005,
Might the dollar eventually follow the precedent of the pound and cede its status as leading international reserve currency? Unlike the last time this question was prominently discussed, ten years ago, there now exists a credible competitor: the euro. This paper econometrically estimates determinants of the [...]
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