The Canadian Mint Has Unveiled the Blueprint of a Bitcoin Successor

The Bitcoin currency – an online, anonymous currency, ‘mined’ by computing power – was fraught with problems from the start. Bitcoin’s supporters champion that it’s ‘safe from the instability of fractional reserve banking‘. Hardly. Bitcoin has proven to be a volatile currency, with only a tiny market for goods and services, no available deposit insurance, […]

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Nobody Wants More Japanese Yen

I agree with everything that Matt Yglesias says in his recent Slate article, until the very last point. There’s excessive demand for Japanese money and insufficient demand for Japanese goods and services. The Bank of Japan ought to be addressing this issue by providing the money the world wants so Japanese workers—especially in the youngest […]

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