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Stable Money and Free-Market Currencies
Stable Money monetary system Free-Market Currencies fiat money
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2008/12/17
The assigned title of this paper suggests that my task is to survey
proposals that the title brings to mind rather than devote the paper
to a single one of them. Even if none of the proposed reforms...
EXCHANGE RATES BETWEEN WHAT SORTS OF CURRENCIES?
EXCHANGE RATES exchange rate system CURRENCIES
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2008/11/12
Incoherent Straddles
One point is no less central for being familiar: A compromise exchange
rate system is the worst of all. Either of two opposite extreme
arrangements makes better sense: complete...