Archive for January 24th, 2018

Should Swiss issue sovereign money, digital money?

January 24, 2018

Trust Swiss to keep coming up with some or the other referendums.

Thomas Jordan, chief of Swiss National Bank in a recent speech mentions this ongoing discussion in Switzerland on SNB issuing sovereign money. We thought all money circulated by governments/central bank is sovereign but some Swiss think otherwise:

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When bank deregulation is dangerous if not done properly…

January 24, 2018

The usual narrative is that when you deregulate banking, crisis follows as banks take on more risks, lend/invest foolishly and so on.

Prof George Selgin says deregulation is dangerous not for the above reason but if not implemented properly:

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When handwriting mattered in central banking jobs than economic modelling!

January 24, 2018

Fascinating tweet from Bank of England Museum.

It points to archival record of handwriting test for job at the central bank in 1906. During those days clerks were tested for handwriting skills! Also note people kept drawing accounts with the central bank:

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