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675 from 10 Dec 2011 to 28 Apr 2025
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2025 13

  1. Trump-proofing Canada means ending our dependence on SWIFT
  2. If it's crypto it's not money laundering
  3. Why sanctions didn’t stop Russia's Garantex from using stablecoins
  4. Canadian banks as U.S. hostages?
  5. Trump-proofing Canada means ditching MasterCard and Visa
  6. What do you do with memecoins? Apparently you collect them, says the SEC
  7. Ending the penny won't lead to more nickels
  8. The end of El Salvador's bitcoin payments experiment
  9. Trump claims US banks can't open in Canada—US banks disagree
  10. Is it better to bribe Trump by purchasing his memecoin or his stock?
  11. Canadian guilt, Russian oil
  12. Here’s why we tolerate fake check scams
  13. Stablecoins are non-fungible, bank deposits are fungible

2024 30

  1. Someone is wrong on the internet about the SWIFT network
  2. After twelve years of writing about bitcoin, here's how my thinking has changed
  3. It's time to trash the "store of value" function of money
  4. Tornado Cash un-OFAC'ed
  5. How my views on financial privacy have evolved over a decade
  6. Pricing the anonymity of banknotes
  7. Setelinleikkaus: When Finns snipped their cash in half to curb inflation
  8. Memecoins are the point
  9. The magnificent Swiss 10-centime coin
  10. A glass half-full take on Caucasus sanctions evasion
  11. How should money laundering laws apply to DeFi?
  12. Stablecoins – a digital version of Swiss bearer savings books
  13. China is slowly joining the economic war against Russia
  14. Bitcoin as a tool of U.S. economic statecraft
  15. Your finances are being snooped on. Here's how
  16. The intensifying effort to isolate Russia's banks
  17. "I didn't launder the cash, your honor. The robot did."
  18. Monetagium
  19. Renovatio monetae
  20. Thoughts on the Tornado Cash defence and what happens when everyone adopts it
  21. Why I'm in favor of financial illiteracy
  22. The effects of Russian sanctions as portrayed in YouTube videos
  23. How PayPal can use stablecoins to avoid AML requirements and make big profits
  24. Have the sanctions on Russia failed?
  25. It's time to get rid of "crypto"
  26. Why my favorite coinage is Byzantine coinage
  27. The first round of U.S. secondary sanctions on Russia is working
  28. What does the recent ruling on the Emergencies Act mean for your banking rights?
  29. Do bitcoin ETFs conflict with bitcoin's original ethos?
  30. It's time to impose Iran-calibre sanctions on Russia

2023 57

  1. Are flatcoins a good idea?
  2. The long arm of OFAC and its reach into the Ethereum network
  3. Why do sanctioned entities use Tether?
  4. Even crypto mixing deserves a threshold
  5. Are central banks too reliant on SWIFT for domestic payments?
  6. Is it legal to mix cash in a jar?
  7. Kraken v Kraken, or how to protect the public from crypto exchange failures
  8. In praise of anti-money laundering thresholds
  9. How would a cash-only central bank conduct monetary policy?
  10. Crypto adoption in America
  11. Inflation as a tax
  12. Top 13 blog posts
  13. How to debase the coinage in order to pay for wars
  14. Thoughts on Privacy Pools and the law
  15. Coinbase: "What if we call them rewards instead of interest payments?"
  16. How did Zcash avoid getting OFAC'ed?
  17. There are now two types of PayPal dollars, and one is better than the other
  18. Circle says its USDC stablecoin was as diversified as possible. Is that accurate?
  19. Who are the money launderers in the Tornado Cash stack?
  20. Who should pay for scams? Victims or their banks?
  21. Central bank digital currencies and the fallacy of immaculate adoption
  22. UK's core payments settlement system fails... again. Some thoughts
  23. Why bitcoiners should learn to accept bitcoin's ponzi nature as a good thing
  24. AML works, even if it intercepts less than 1% of criminal proceeds. Here's how
  25. Where now FedNow?
  26. Elon Musk's understanding of payments dates back to his PayPal days. It needs an update
  27. A back-of-the-envelope estimate of the size of the US crypto ETF market
  28. Will the digital euro be like cash?
  29. The strange new world of multifunctional assets
  30. There won't be a Blackrock bitcoin ETF, at least not until Binance bites the dust
  31. For the first time ever, euro paper money in circulation is shrinking
  32. How is the foreign expansion of Canadian banks going?
  33. The lower limit to silver's usefulness in coinage
  34. When is a stablecoin a security? The strange case of Binance and BUSD
  35. Another Indian payments idea: a lightweight portable payments system for catastrophes
  36. Why is Binance leaving Canada?
  37. The gold trick, the 2023 edition
  38. The UK can't figure out if crypto is gambling or a financial service. Why not both?
  39. If Wise can pay interest, why can't USDC?
  40. Back to 1875
  41. A YIMBY approach to bitcoin mining
  42. Comparative cross-border payments: Wise vs USDC
  43. The myth of crypto exceptionalism
  44. A quick defence of digital substrate agnosticism (or, why banks should be able to issue stablecoins)
  45. Zelle vs Interac e-Transfer, or why it's so difficult to kickstart a payments network in the U.S.
  46. How stablecoin opacity and sloppy reserve management paid off (for now)
  47. In which I catch Canadian banks paying more interest to customers than US banks do
  48. Payments stablecoins vs trading stablecoins
  49. FedNow is not a tool for freezing money
  50. Does FedNow mean quicker bank runs?
  51. Weak nations with strong currencies
  52. Hey bitcoin owners, how are you paying for bitcoin's energy costs?
  53. Why I prefer perpetual/premium bonds to the platinum coin
  54. A big chunk of crypto is gambling. Why not regulate it that way?
  55. Why the steepest borrowing rate may be the best rate
  56. Is crypto just gambling?
  57. How Tether can stop being the stablecoin that everyone sells in a panic

2022 44

  1. Let it burn
  2. Six reasons why FTX Japan survived while the rest of FTX burned
  3. How cryptocurrency exchanges peg stablecoin prices
  4. Are U.S. banks more competitive than Canadian banks?
  5. Let's stop regulating crypto exchanges like Western Union
  6. A worthwhile Canadian stablecoin initiative
  7. Reversibility on Ethereum
  8. The PayPal misinformation wars
  9. Stablecoins, meet 3% interest rates
  10. How to stop illegal activity on Tornado Cash (without using sanctions)
  11. Some thoughts about the resilience of decentralized stablecoins
  12. How to stop Forsage, Meta Force and other smart contract pyramid schemes
  13. The puzzle of electrum coins
  14. How profitable is the world's largest stablecoin?
  15. Improvements to stablecoin transparency
  16. Watching Tether
  17. Thoughts on Tether's $10.5 billion contraction
  18. What to watch for in Tether's upcoming attestation report
  19. The vandalization of "bitcoin accepted" signs
  20. A quick note on Tether redemptions during the current crypto bloodbath
  21. The tragedy of Dogecoin
  22. Thoughts on the relationship between corruption and crypto adoption
  23. Where are the customers' rate increases?
  24. A sound debasement
  25. The hoopla over the EU and self-custody wallets
  26. Crypto’s privacy/commingling dilemma
  27. Why does crypto work for Russian ransomware, but it wasn't useful for the Ottawa truckers?
  28. Christians minting Muslim coinage (and vice versa)
  29. Stripe and the Ottawa trucker convoy
  30. Is gold safe from sanctions?
  31. Make bitcoin cheap again for cypherpunks!
  32. What's the marketing strategy for the Fed's CBDC?
  33. Bitcoin failed as a tool for funding the Ottawa protestors, and that's a good thing for Canada
  34. The trucker convoy and "choking off" their funding
  35. Why stablecoins should not be regulated like Western Union
  36. Don't bank on bitcoin banking the unbanked
  37. Three potential paths for the price of bitcoin
  38. DeFi needs more secrecy, but not too much secrecy, and the right sort of secrecy
  39. Why Henry III's gold penny failed
  40. Yemen's bifurcated monetary system
  41. The fallacy of bitcoin and renewable energy
  42. Tether vs the New York stablecoins
  43. A tax on proof-of-work
  44. Should central bankers be afraid of crypto?

2021 32

  1. Is money a ponzi?
  2. Play Bitcoin: Remember, It's Just a Game
  3. Tornado.cash and money laundering
  4. A CBDC, eh?
  5. A dark world where bitcoin payments have gone mainstream
  6. The dangers of stablecoin lending
  7. Does it make a difference if Tether lends out new USDt?
  8. Embargoed by MasterCard/Visa, kratom vendors turn to crypto and eChecks
  9. MasterCard as censor
  10. Cross-checking ShadowStats
  11. A decentralized version of MIT's Billion Prices Project
  12. The afghani could split into two (and other possibilities for Afghanistan's currency)
  13. What happens to the Afghanistan central bank's assets?
  14. Stablecoin regulatory strategies
  15. Are the Bank of Canada's bond purchases illegal?
  16. The dollar isn't a meme
  17. Those 70s ACH payments
  18. There are two kinds of people who label bitcoin a ponzi
  19. A short and lukewarm defence of anti-money laundering standards
  20. Why do ransomware gangs like bitcoin? It's the censorship resistance
  21. A bronze currency in ancient Europe?
  22. The overconsumption theory of bitcoin (and decentralization in general)
  23. A nickel is worth more than a nickel
  24. Is DeFi unregulatable?
  25. Why did Dogecoin take off but Feathercoin didn't?
  26. The Biden stimulus and the big jump in cash
  27. From Circle-of-Gold to Mega$Nets to Bitcoin
  28. Hacksilver
  29. Tether, a bigger badder PayPal
  30. Ponzis and bitcoin as a response to a bad economy: the case of Nigeria
  31. Defining the "regulated" in "regulated stablecoin"
  32. The fabrication of trust in various types of dollars

2020 34

  1. The unbanked, the post office, and fintech in the 1880s
  2. Dolphin Safe Tuna and Fair Trade bank accounts?
  3. Judy Shelton at the Bank of Canada? No thanks
  4. Stablecoins as a route into Venezuela?
  5. Programmable money isn't new, we've had it for ages
  6. Why are so many Americans content to be unbanked?
  7. How would Tony Soprano cope with a pandemic?
  8. A very very simple explanation of monetary policy
  9. The ECB's digital euro: anonymous or not?
  10. Adopting a clean gold standard
  11. Different bitcoins different prices
  12. 18 things about Tether stablecoins
  13. The case for banning gold mining
  14. Bitcoin is an account, not a token
  15. How the pandemic has clogged the global economy with paper currency
  16. Pennies as state failure
  17. Bitcoin is more like ham radio than the early internet
  18. Is fiat money to blame for the Iraq war, police brutality, and the war on drugs?
  19. Banks are slow to increase rates on savings accounts, but quick to reduce them
  20. Want to open an account at the central bank? I'll pass, thanks
  21. How the Bank of Canada's balance sheet went from $118 billion to $440 billion in eight weeks
  22. One country, two monetary systems
  23. Why Fedcoin
  24. The best investment in the world
  25. Stephen Poloz needs to be honest with Canadians about negative interest rates
  26. Cash and COVID-19
  27. Alphabet soup
  28. The bitcoin-to-salvia divinorum trade route
  29. Transferwise, why so fast?
  30. Cutting Martin Sellner off from the payments system
  31. What happens when a 96 bitcoin ransom payment ends up on Bitfinex?
  32. Monetary policy is not a tightrope
  33. Flooding or marijuana? Two theories for falling cash demand
  34. Cryptocurrency in a land of strict gambling laws

2019 32

  1. The Watergate banknotes
  2. Buying coffee with Tesla shares
  3. Bitcoin and sanctions
  4. A way to make anonymous online donations
  5. Mooning over daylight overdrafts
  6. In-game virtual items as a form of criminal money
  7. Notes from an inter-planetary monetary anthropologist
  8. "Controllable anonymity"
  9. From unknown wallet to unknown wallet
  10. Bitcoin, 11-years in
  11. Is the strength of U.S. sanctions due to U.S. dollar hegemony?
  12. A free market case for CBDC?
  13. Getting up to monetary mischief
  14. A fifty-year history of Facebook's Libra
  15. The life and death of an internet monetary meme
  16. Why the discrepancy?
  17. Starbucks, monetary superpower
  18. Stigmatized money
  19. Classifying cryptocurrencies
  20. Esperanto, money's interval of certainty, and how this applies to Facebook's Libra
  21. Is bitcoin getting less volatile?
  22. Revisiting stablecoins
  23. Kyle Bass's big nickel bet
  24. The difference between two colourful bits of rectangular paper
  25. Supernotes
  26. Banknotes in bottles in coal mines
  27. Prepaid debit cards. The other anonymous payments method
  28. Should governments finance themselves through their central bank?
  29. Swish > cash and bitcoin
  30. Death of a Northern Irish banknote
  31. The Haitian dollar
  32. Should we have to line up for money or not?

2018 33

  1. Swedish betrayal
  2. Christmas and cash
  3. Can lottery tickets become money?
  4. No, Ohio isn't accepting bitcoin tax payments
  5. The demonetization gap
  6. The credit theory of money
  7. Gold regulators
  8. Bitcoin and the bubble theory of money
  9. Are Argentinians paying for Uber rides with bitcoins?
  10. Did Brexit break the banknote?
  11. "The Narrow Bank"
  12. Norbert's gambit
  13. Europe's SWIFT problem
  14. Two notions of fungibility
  15. Tainted money
  16. The €300 million cash withdrawal
  17. Failed monetary technology
  18. Evading the next Iranian monetary blockade
  19. Ethereum is full of ponzis, is that a problem?
  20. A tax, not a ban, on high denomination banknotes
  21. A case for bitcoin
  22. There's water everywhere, but John Taylor wants us all to be thirsty
  23. Critiquing the Carney critique of central bank digital currency
  24. Moneyness = 22?
  25. More fiatsplainin': let's play fiat-or-not
  26. Fiatsplainin'
  27. Indians' "ill-informed notions" concerning the legitimacy of ₹10 coins
  28. The odd relationship between gangster and central banker
  29. Cash, cat, and mouse
  30. The big ol' €500
  31. Paying interest on cash
  32. Floors v corridors
  33. XRP and bitcoin as bridge currencies

2017 37

  1. Money as a generally-accepted medium for short selling
  2. Electronic money will only save central banks from subjugation if it is anonymous
  3. Store of value
  4. Central banks shouldn't ignore their duty to provide anonymity
  5. Zimbabwe and hyperbitcoinization
  6. The bootstrapping of Thorne, Magic Money, and Cyberbucks: three pre-Bitcoin monetary experiments
  7. The evolution of the Federal Reserve's promises as recorded on their banknotes
  8. An example of tax-driven money during the greenback era
  9. The ubiquitous Spanish dollar—a photo essay
  10. The siren call of T+0, or real-time settlement
  11. Post-demonetization, the role of cash has been diminished
  12. When a rising stock market is a bad thing
  13. No rupees left behind
  14. You call that counterfeiting? This is counterfeiting!
  15. Chain splits under a Bitcoin monetary standard
  16. Why is a one pound coin worth more than four pennies?
  17. The gold trick
  18. Dictionary money
  19. Money in an economy without banks
  20. An homage to the cheque (or check)
  21. The road to sound digital money
  22. On currency
  23. The forking of the Indian rupee
  24. Evaluating my bitcoin predictions
  25. Three-tier pricing
  26. Leaving a monetary union is difficult, but Hawaii pulled it off
  27. C-day and military money
  28. Bringing back the Somali shilling
  29. The dematerialization of cash
  30. Why the American taxpayer might prefer a large Fed balance sheet
  31. Money as layers
  32. Demonetization by serial number
  33. To what extent can Trump trash the dollar?
  34. Italian exit and the problem of lira shortages
  35. The shrinking rupee
  36. If the Fed was so aggressive, why didn't we have inflation?
  37. Modi and the overstamping of demonetized currency

2016 45

  1. Small steps, not a large leap, towards less black money & more digital money
  2. Should we legalize the act of paying a bribe?
  3. A 21st century U.S. trade dollar
  4. A modern example of Gresham's Law
  5. Modi's demonetization: chaos is a feature, not a bug
  6. Aggressive demonetizations
  7. Thoughts on Rogoff's 'Curse of Cash'
  8. How anonymous is cash?
  9. The strange mania for Swiss National Bank shares
  10. Bitcoin, drowning in a sea of credit card rewards
  11. Does money enjoy a home advantage?
  12. In praise of anonymous money
  13. The French shareholder revolution
  14. Is the Fed breaking the law by paying too much interest?
  15. What finance can learn from automakers
  16. Kocherlakota on cash
  17. End of a stablecoin
  18. Central banks deposits for you and me
  19. Monetary policy as a system of connected lakes (a post for John Hussman)
  20. Helicopter money, Canadian-style
  21. Hyperinflation 2.0?
  22. The Fedwire recession
  23. Another Fedcoin sighting
  24. Zimbabwe Shouldn't Be Printing Banknotes Again
  25. What happens when a central bank splits in two?
  26. From ancient electrum to modern currency baskets (with a quick detour through symmetallism)
  27. Those new Japanese safety deposit boxes must all be empty
  28. Aggressive vs defensive debasement
  29. What makes medieval money different from modern money?
  30. Why hasn't Canadian Tire Money displaced the Canadian dollar?
  31. A 21st century gold standard
  32. ETFs as money?
  33. Finance's Battle of the Somme
  34. Slow money
  35. Shadow banks want in from the cold
  36. Are the Swiss fleeing deposits and hoarding cash?
  37. Don't kill the $100 bill
  38. Central banks' shiny new tool: cash escape inhibitors
  39. Can a central bank eliminate its highest value banknote?
  40. Does the Fed lack the technical means to dive into negative rate waters?
  41. Bank of Japan warms up the potato
  42. A monetary policy sound check
  43. The social function of equity deposits
  44. Even cheaper than an ETF
  45. What makes money special, the lawyer's edition (with a guest appearance by bitcoin)

2015 49

  1. 'Tis the season for large cash withdrawals
  2. Was Bretton Woods a real gold standard?
  3. The desert dollar industry
  4. Riding on the coattails of Sergey Brin and Larry Page...or not
  5. Zimbabwe's new bond coins and the demonetization of the rand
  6. Arbitraging the 49th parallel
  7. Human capital bonds
  8. Why (not) rent your home?
  9. What if Apple pegged its stock price at $1?
  10. Liquidity liquidity everywhere but not a drop to drink
  11. Are prices getting less sticky?
  12. How I learned to stop worrying and accept deflation
  13. Andy Haldane and BOEcoin
  14. Hike rates when you hear the creak of inflation at the door, not when you see the whites of its eyes
  15. Why big fat Greek bank premiums?
  16. Negative skewness, or: bulls walk up stairs, bears jump out of windows
  17. How many bullets does the Bank of Canada have left in its chamber?
  18. Freshwater macro, China's silver standard, and the yuan peg
  19. Know thyself... or carry a wallet
  20. Stablecoin
  21. There won't be a drachma-induced recovery
  22. A Visa/MasterCard theory of recessions
  23. Euros without the Eurozone
  24. How monetary systems cope with a multitude of dollars
  25. Imaginary worlds with volatile money
  26. The dollarization of bitcoin
  27. Why bitcoin has failed to achieve liftoff as a medium of exchange
  28. Alberta Prosperity Certificates and a Greek parallel currency
  29. Greece and IMF SDRs—Gold Next?
  30. No Eureka moment when it comes to measuring liquidity
  31. Is the U.S. dollar in the midst of the longest Wile E. Coyote moment ever?
  32. Plumbing the depths of the effective lower bound
  33. John Cochrane is too grumpy about negative rates
  34. A libertarian case for abolishing cash
  35. Liquidity as static
  36. The bond-stock conundrum
  37. Hawk, Doves, and Canaries
  38. The final chapter in the Zimbabwe dollar saga?
  39. Paul Krugman contemplates the lower bound
  40. Why so down?
  41. Sweden and peak cash
  42. A lazy central banker's guide to escaping liquidity traps
  43. Slow greenbacks, fast loonies
  44. The zero problem
  45. Grexit: An Escape to More of the Same
  46. No, Swiss National Bank shareholders are not pulling the strings
  47. The ZLB and the impending race into Swiss CHF1000 bank notes
  48. Cracks in the zero-lower bound
  49. Cashing up the system

2014 52

  1. Robin Hood central banking
  2. Speculative markets are not black holes
  3. Short selling and monetary theory
  4. On vacation since 2010
  5. Gold's rising convenience yield
  6. Not your father's price index: the Billion Prices Project
  7. Sign Wars
  8. Gilded cage
  9. Fear of illiquidity
  10. Fedcoin
  11. The market monetarist smell test
  12. Stock as a medium of exchange
  13. The law of reflux
  14. A brief history of the Guinea
  15. Getting naked: in praise of naked short selling
  16. Getting rid of the monetary triumvirate
  17. Draghi's fake zero-lower bound and those pesky €500 notes
  18. A market for corporate votes
  19. Chopmarks and other distributed verification methods
  20. Quibbling with the language of trade
  21. Using restricted stock studies to measure liquidity
  22. Fedwire transactions and PT vs PY
  23. To recapitulate...
  24. It was the best of times, it was the worst of times
  25. The monetary economics of the roll-up
  26. When the good drives out the bad
  27. Why loonies circulate but Susan B. Anthony dollars don't
  28. Scott Sumner vs. the Real Bills Doctrine
  29. Financial Plumbing: Europe and the Fed's Interdistrict Settlement Account
  30. Deep money, the coexistence puzzle, and the legal restrictions hypothesis
  31. From corporate bonds to a fiat CPI standard
  32. Labour Shares™: Beating capital at its own game
  33. Stock splits, odd lots, and liquidity premia
  34. Beware CAPE, it could be your undoing
  35. Gresham's law and credit cards
  36. Short Squeezes, Bank Runs, and Liquidity Premiums
  37. Rowe v Glasner... round 33!
  38. Liquidity everywhere
  39. Dismantling a central bank
  40. Credit cards as media of account
  41. Is the value premium a liquidity premium?
  42. Beware the financial Jeremiahs
  43. When money ceases to be an IOU
  44. Not all bitcoin are equal or: One dollar, two prices
  45. The cost of manufacturing liquidity premia
  46. A growing liquidity-premium on land
  47. Who signs a country's banknotes?
  48. Different goods are differently liquid
  49. Banknotes: IOUs or not?
  50. Bitcoin's bootstraps
  51. Angolan macutes: Imaginary money
  52. Does QE actually reduce inflation?

2013 90

  1. The best way to use stacked area charts to visualize crazy central bank balance sheets
  2. Tales from the litecoin universe
  3. Milton Friedman and moneyness
  4. The three lives of Japanese military pesos
  5. Friends, not enemies: How the backing and quantity theories co-determine the price level
  6. BlackBerry needs a Draghi moment
  7. 1,682 days and all's well
  8. Rates or quantitites or both
  9. An ode to illiquid stocks for the retail investor
  10. The zero-lower bound as a modern version of Gresham's law
  11. Was coin debasement always bad?
  12. Fama vs Shiller on the 1987 stock market crash
  13. Medieval QE
  14. Toying with the monetary transmission mechanism
  15. What happens when stock markets die?
  16. Could Bitcoin kill Fed monetary policy?
  17. Ghost Money: Chile's Unidad de Fomento
  18. Woodford's forward guidance—why not use forward contracts instead?
  19. Separating the functions of money—the case of Medieval coinage
  20. The rise and fall (and rise) of the hot potato effect
  21. The convenience yield as epicentre of monetary policy implementation
  22. Do banks have a widow's cruse?
  23. The fed funds rate was never the Fed's actual policy lever
  24. Scott Sumner ignores banks, so what?
  25. Give Bernanke a long enough lever and a fulcrum on which to place it, and he'll move NGDP
  26. Market monetarists and "buying up everything"
  27. Google as monetary superpower — a parable
  28. Transporting the macroblogosphere back to 1809: Usury Laws and the 5% upper bound
  29. More monetary lunacy from Mugabe
  30. Visualizing alt-coins
  31. Milton Friedman and the mania in "copy-paste" cryptocoins
  32. Does the zero lower bound exist thanks to the government's paper currency monopoly?
  33. Real or unreal: Sorting out the various real bills doctrines
  34. Adam Smith's very own Lehman Crisis
  35. How much are Warren Mosler's business cards worth?
  36. From intimate to distant: the relationship between Her Majesty's Treasury and the Bank of England
  37. Disowned currency: the odd case of Iraqi Swiss Dinars
  38. A description of the moneyness market
  39. A stock portfolio is a bad hedge against inflation
  40. IMF SDRs: the world's largest LETS
  41. Long chains of monetary barter
  42. Bitcoin's hyperdeflationary recession?
  43. Play with the interactive ECB balance sheet tool
  44. What equity markets can learn from bitcoin and ripple
  45. Beyond bond bubbles: Liquidity-adjusted bond valuation
  46. A rush for US paper dollars: the rejuvenation of the world's most popular brand
  47. Nineteen-eighty-three
  48. Why the Fed is more likely to adopt bitcoin technology than kill it off
  49. Consumption isn't a fleeting burst of pleasure, it's a long-lived asset
  50. Huge moves
  51. If your favorite holding period is forever...
  52. Bitcoin's plunge protection team
  53. The growing demand for larger and smaller monetary units
  54. Selling out of the Bitcoin ledger
  55. Don't shackle Target2
  56. Money: is it immortal or does it die young?
  57. Open mic night on interest rate spreads
  58. Ranking moneyness
  59. Beyond Buffett: Liquidity-adjusted equity valuation
  60. Bitcoin fork and Euro breakup
  61. Strange money: privately-issued $6 and $7 notes
  62. Having fun with bear markets
  63. Is it irrelevant when a central bank goes in the red?
  64. Line in the sand
  65. Birth of a currency - welcome to the world, XRP
  66. Orphaned currency, the odd case of Somali shillings
  67. Modern economies are somewhere between barter and monetary
  68. Financial deepening and currency internationalization, the bitcoin edition
  69. Ripple, or Bills of Exchange 2.0
  70. Frozen deposits as a Federal Reserve policy tool?
  71. Bank of Japan balance sheet
  72. Settlers of Catan... the monetary version
  73. Technical analysts beat Fama to the EMH
  74. The monetary noose tightens around Iran
  75. Central banks that trade on the stock market
  76. Liquidity premia in the detergent market
  77. Meandering from MMT and the platinum coin to the Bank of Canada and central bank floor systems
  78. Bitcoin is an amoeba, central banks are blowfish
  79. How Irish pubs helped cure a shortage of safe assets
  80. Is legal tender an imposition on free markets or a free market institution?
  81. I must be a dummy for not understanding the shortage of safe asset argument
  82. Rudolph Havenstein, independent central banker during the Weimar inflation
  83. Best buddies: Keynes & Hayek on moneyness
  84. How do legal tender laws affect purchasing power?
  85. Mutilated money and central bank breakage
  86. Legal tender 101
  87. Would Bernanke accept a trillion dollar platinum coin?
  88. Yap stones and moneyness
  89. Yap stones and chartalism
  90. Yap stones and the myth of fiat money

2012 113

  1. Not a big fan of the metallist vs chartalist debate on the origins and nature of money
  2. The final draft on Fed-Treasury overdrafts
  3. Corporations are currency issuers, governments are not
  4. Merry Cashmas
  5. Uncertainty and the demand for liquidity
  6. How to stop a hyperinflation
  7. Chartalism = the McDonald's coupon theory of money
  8. A history of the pound sterling's medium-of-account
  9. Turkey, Iran, and "gold for gas"
  10. What is a non-monetary economy?
  11. $42.22: Not quite the meaning of life, but a number worth remembering
  12. The great monetary injection debate of 2012
  13. Aggressive US monetary policy... in Iran
  14. Richard Cantillon on Cantillon Effects
  15. Why moneyness?
  16. Shades of a liquidity premium peaking through in stock market prices
  17. Discussions of the medium-of-account could be more well-done
  18. We'll miss that Mark Carney squint
  19. Explaining Stephen Williamson to the world (and himself)
  20. Another liquidity-premium sighting - Harrison and Kreps
  21. What gold's negative lease rate teaches us about the zero-lower bound
  22. Scott Sumner: Damned if markets are efficient, damned if they're not
  23. Without proper balancing forces, Hans-Werner Sinn's "European ISA" will be destabilizing
  24. Central bank monetization doesn't have to be scary
  25. The feeling of hyperinflation illustrated
  26. How bitcoin illustrates the idea of a liquidity premium
  27. The difference between Sumner and Krugman on liquidity traps
  28. Bitcoin, alt-chains, and fiat money
  29. Data visualization: The US - From oil importer to oil exporter?
  30. Bitcoin (for monetary economists) - why bitcoin is great and why it's doomed
  31. Bimetallism redux
  32. Data visualization: The People's Bank of China balance sheet
  33. Let the ECB capital key float
  34. My synopsis of the MOE vs MOA debate
  35. A visual review of the lending facilities created by the Fed during the credit crisis
  36. The Social Contrivance of Money... a bit contrived?
  37. No need to ban cash to avoid the zero-lower bound problem
  38. Data visualization: The size of major bull markets
  39. What would destroying a central bank's assets do?
  40. Data visualization: breaking down The Economist's classic chart style
  41. Would Warren Buffett buy green pieces of paper?
  42. Making connections: Irving Fisher and the Great Depression
  43. Bitcoin steps on the toes of a few popular monetary theories
  44. Data visualization: History of bear markets
  45. Questions for Bob Murphy and other Austrians on the inevitability of the bust
  46. Data visualization: corporate colours
  47. Do credit-induced asset price bubbles show up in GDP?
  48. Almost everyone is (or has been) a short-seller
  49. Data visualization: connectivity in CDO markets
  50. Zero percent interest rates forever
  51. Great Depression in charts
  52. The world of monetary affairs in the 1920s and 30s: a complex affair
  53. Canada in 3 graphs
  54. QE-zero
  55. Gold conspiracies
  56. The root of all money
  57. ECB, IMF, ICU and other exciting monetary acronyms
  58. Hot or not?
  59. Wallace Neutrality... don't fight the Fed
  60. Microfoundations
  61. Interest rates and gold
  62. Is the Swiss National Bank really Chuck Norris?
  63. Decoding Glasner on reflux, inside and outside money, and reflux
  64. The Interdistrict Settlement Account finally settles
  65. Inflation as theft
  66. W.H. Hutt (not Jabba)
  67. North and South Euros
  68. More on own-rates
  69. Bank of Canada watching - what's up with the balance sheet?
  70. Marriner Eccles on Treasury borrowing from the Fed
  71. The natural rate of interest and the own-rate argument
  72. Normal backwardation in crude oil markets
  73. QE, irrelevant or not?
  74. Some notes on market measures of inflation
  75. Drachmas or not?
  76. Currency issuers and users
  77. Buoyant Ireland
  78. Tipsy TIPS spreads
  79. Sproul v Glasner
  80. TIPS: How to decompose the liquidity premium from the inflation-risk premium
  81. Greece is no Argentina
  82. GDP totalitarianism: Krugman's mischaracterization of Japan's plight as "star performance"
  83. The free banking alternative to the centralized provision of lender of last resort services
  84. Thinking in terms of stocks: From Fisher to Fischer
  85. Did the Canadian government subsidize the big banks? The problem with pricing liquidity
  86. Escaping the zero-lower bound by only printing $20s
  87. Adam Smith: taxes contribute to fiat's liquidity premium, they don't drive its value
  88. You say hot potato, he says endogenous
  89. Fisher Black's dream
  90. The evolving nature of central bank liabilities - from gold convertibility to bond convertibility
  91. If the Fed pegged to the loonie
  92. More on the comparison of the Federal Reserve and ECB settlement mechanisms
  93. Odd banks in Williamson's liquidity paper
  94. Old monetarism, new monetarism, and moneyness
  95. Bruegel on the Target2 vs Interdistrict Settlement Account debate
  96. Money as a liability
  97. Market monetarists and endogenous money
  98. Are liquidity and price-stickiness related?
  99. If Iceland were to adopt the Canadian dollar
  100. Money as a store of wealth
  101. The Idiot's Guide to the Federal Reserve Interdistrict Settlement Account
  102. IMF and SDRs
  103. Target2 and the Federal Reserve Interdistrict Settlement Account
  104. The Borges Problem part II
  105. Debt, generations, savings, and economic categorization or the "Borges Problem"
  106. The Euro isn't a glove, it's a Chinese finger trap
  107. Mises, Smith, and the origins of money
  108. Intraday overdrafts, clearing and settlement systems, and Fedwire
  109. Japan, Productivity Norm, and Deflation
  110. Menger and the origins of money
  111. Sraffa, Hayek, natural interest rate, and own-rates of return
  112. Inflation swaps and TIPS
  113. Moneyness and liquidity options

2011 14

  1. ECB, NCBs, and arbitrage yet again
  2. Asset shortages, scarcity of safe collateral
  3. Gold lease rates
  4. Great Depression and the gold standard
  5. ECB and NCBs again
  6. Gold lease rates, GOFO, gold
  7. China, CNH, CNY, Hong Kong, and yuan
  8. MMT, history of thought, Locke, Berkeley, chartalism, free banking, and cooperative banking
  9. ECB, NCBs, collateral, capital key, Target2, and intra-eurosystem credit
  10. LOLR, ECB, and "too complicated for people to complain about"
  11. MMT, Fed Treasury Accord, and overdraft facilities
  12. Liquidity options, liquidity premium, natural interest rate, TIPS, and inflation swaps
  13. Bagehot, Liquidity Insurance, and LOLR
  14. Target2, ECB, and Euro NCBs