What is a central-bank digital currency (CBDC)?
CBDCs are digital forms of sovereign money, issued by central banks. This guide outlines why they are being explored, their architectures, where pilots are under way and the attendant risks.
What is a central-bank digital currency (CBDC)?
CBDCs are digital forms of sovereign money, issued by central banks. This guide outlines why they are being explored, their architectures, where pilots are under way and the attendant risks.
What is the Austrian School of Economics?
1 What is the Austrian School of Economics? The Austrian School holds that the self‑organising force of the market price mechanism is primary. 2 What are its key propositions? Value is subjective; consumer behaviour is hard to predict and markets are ever‑changing, making mathematical modelling and central planning largely infeasible; theory should be derived from human action; policy should favour non‑intervention, economic liberalism and libertarianism.We use cookies to improve the quality of our service.
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