by Summary:
On his blog, JP Koning discusses the case of Somalia which has managed without central bank issued money for decades. Old, legitimate notes and newer, counterfeit notes trade at the same price which equals the cost of producing counterfeits. See also this previous post.
Topics:
Dirk Niepelt considers the following as important: Banknote, Cash, Money, Notes, Somalia
This could be interesting, too:
On his blog, JP Koning discusses the case of Somalia which has managed without central bank issued money for decades. Old, legitimate notes and newer, counterfeit notes trade at the same price which equals the cost of producing counterfeits. See also this previous post.
Topics:
Dirk Niepelt considers the following as important: Banknote, Cash, Money, Notes, Somalia
This could be interesting, too:
Keith Weiner writes The Anti-Concepts of Money: Conclusion
Dirk Niepelt writes SNB Annual Report
Dirk Niepelt writes Banks and Privacy, U.S. vs Canada
Dirk Niepelt writes Bank of England CBDC Academic Advisory Group
On his blog, JP Koning discusses the case of Somalia which has managed without central bank issued money for decades.
Old, legitimate notes and newer, counterfeit notes trade at the same price which equals the cost of producing counterfeits.
See also this previous post.