Browsing: Currency

Hyperinflation is a situation of very high, fast, and uncontrolled increases in the prices of goods and services in the…

Central banks can generate a virtual currency called central bank reserves. Banks can use these reserves to transfer payments to…

Where Money Comes From Banks create currency. Money does not originate from economic activity. Many people have the misconception that…

My earlier articles introduced the subjects of how money is created by central banks and commercial banks, as well as…

In earlier posts, we explored the creation of money by central and commercial banks. This creation process is a carefully…

In the previous article, we discussed the establishment of The Gold Standard. Gold and silver have served as the primary…

In the last discussion, we covered how central banks evolved as a way to address the issues that arise when…

This article will explain the mechanism through which central banks create currency. Previously, we discussed why a central bank was…

In this article, we will discuss two main topics. One is about why a central bank was created and the…

Paper money has an intriguing history. To start off, we’ll summarize what the previous article was about. We had learnt…