The big ol' €500

Production of the European Central Bank's €500 notes is scheduled to come to an end later this year. But a chart of the quantity of €500...

Paying interest on cash

Freigeld , or stamp scrip, is designed to pay negative interest, but it can be re-purposed to pay positive interest. Remember when global in...

Floors v corridors

David Beckworth argues that the U.S. Federal Reserve should stop running a floor system and adopt a corridor system , say like the one th...

XRP and bitcoin as bridge currencies

Eshima Ohashi Bridge, Japan The value of all outstanding XRPs recently surpassed that of bitcoin, hitting $300 billion or so last month. XRP...