Each economic crisis brought on by loose money brings on a “solution” of...looser money. This pattern is not just a threat to ...
Even Milton Friedman—who never supported gold as money—admitted that a monetary system based on gold would “take care of ...
Monetary policy guides inflation and economic growth. Learn what it means, the main types, and how central banks manage interest rates and stabilize the economy.
In an era dominated by digital innovation, the concept of central bank digital currencies (CBDCs) is emerging as a groundbreaking evolution in the financial sector. Unlike traditional forms of money, ...
The Federal Reserve doesn’t need to adopt a “Monetary Policy Rule.” Not only would the central bank shed the pretense of rules-based constraints on its power during times of upheaval and uncertainty ...
Why are central banks looking at blockchains? Central banks are tiptoeing into the world of blockchain not because it is fashionable but because every part of the money-making machine, from settlement ...
Before the 2008 global financial crisis, the Federal Reserve’s balance sheet stood somewhere in the neighborhood of $900 billion. In the years that followed, the Fed would embark on a series of ...
THE European money crisis only dramatized what many experts have long regarded as an unassailable dictum: the free world’s monetary system is overdue for an overhaul. That system—the internationally ...
Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. Despite external ...
As Nigeria closes the chapter on 2025, CBN emerges as the institution that quietly rebuilt foundations of the country’s ...