Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. The European Monetary System (EMS) was ...
Over the years the responsibility of stabilization policy have increasingly been place on the shoulders of central banks. However, for central banks to deliver on this mandate their monetary policy ...
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 ...
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 ...
What was the world's reserve currency before the U.S. dollar? The British pound. Before that? The Dutch guilder. Before the Dutch? The Spanish real. Each transition followed a pattern. The Dutch ...
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 ...
Preface -- Introduction -- The gold standard -- Interwar instability -- The Bretton Woods system -- After Brenton Woods -- A brave new monetary world -- Conclusion -- Glossary -- References -- Index ...
2026 will likely be the year when we will start to see serious flaws, with the pure fiat global monetary system exposed. The root cause is the need for accommodating central bank policies in the face ...