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Gosh, wouldn't it be great if we could all run trade surpluses? Would solve all of our problems. Like it did for Germany, as Paul Krugma...

Not actually fake news, but still good for a laugh. Bloomberg View columnist Megan McArdle has an interesting article on fake news: Fact-Che...

I'm writing this to serve as background for my next post on Fedcoin . If you haven't thought much about the money and payments syste...

Back in the good ol' days, U.S. depository institutions (mostly banks) held just enough cash reserves (deposits they held at the Fed) to...

John Cochrane has another fun and provocative post making his pitch for equity-financed banking. He makes a lot of great points. But I'...

You're probably thinking no , of course not. The dollar price of bitcoin can be quite volatile (see here ). One can easily gain or lose ...

Have no prior experience, but want to learn the ropes of trading markets? Bought some bitcoins and not sure what to do with it? You've c...

As I'll be at Consensus 2016 event speaking in a session on "Digital Cash for Central Banks" (agenda available here ), I thou...

An interview by Economic Dynamics with James Bullard, president of the Federal Reserve Bank of St. Louis ( source ). EconomicDynamics Interv...

Nick Rowe has a nice post (written some time ago) that frames an old macroeconomic issue in a very nice (teachable) way. In macro policy di...