Categories: Free Market Insights, Historical Perspective, Policy Impact
Modern Banking: The Art of Fake Money
If you’re familiar with fractional reserve banking, then you know that money seems to appear out of thin air.
The Market Always Wins
If you’re familiar with fractional reserve banking, then you know that money seems to appear out of thin air.
“About 80% of central banks in a recent survey were looking at implementing CBDCs, and more than half have already started running experimental pilots.”