Central banks should be wobbling in their drive towards Central Bank Digital Currencies
Introduction Central banks have undertaken many investigations, pilots and proofs-of-concept into Central Bank Digital Currencies (CBDCs), proving little beyond the lack of a convincing case in their favour, but unearthing many risks, drawbacks and unanswered questions. Recent material from Sweden,1 …
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Artificial Intelligence (AI) will soon become a major force in the economy, affecting nearly all aspects of production and consumption …
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In times of crisis, governments frequently express concern about the potential harm to consumers caused by price gouging, which involves …
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France receives a debt downgrade as interest costs and the EU imbalances increase. Is there any way out?
by John Butler and Gordon KerrRatings Agencies take notice of deteriorating finances Debt ratings agencies may not have the power they used to possess before …
by John Butler and Gordon Kerr -
Slower is safer. In 1973, Pierre Messmer, the then French prime minister imposed a 120 km/h speed limit on motorways. …
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Is a return to sound public finances possible, and is it probable? This topic will be discussed in another interesting …
by IREF -
Since the Agreement on Agriculture of the World Trade Organization (WTO) came into force in 1995, global trade patterns have …
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Wealth taxes have played a minor role in the tax systems of the OECD bloc: they have declined from about …