... that digital currencies will be part of that future. But cryptocurrencies like Bitcoin are too volatile to possess the essential attributes of money. Stablecoins have fragile currency pegs that diminish their utility in transactions. And central bank digital currencies are a solution in search of a problem...

... Gordon economic sanctions Iraq Iran South Africa Cuba United States United Nations Security Council international finance banking insurance shipping trade humanitarian 3In 1919, trying to persuade the United States to join the League of Nations, President Wood-row Wilson touted...

... of California Anirudh Krishna India demonetization Narendra Modi corruption tax evasion banking informal economy currency PERSPECTIVE Indian Prime Minister Narendra Modi took to the airwaves on November 8, 2016, to an-nounce a plan that would destroy black money, a bane of the Indian...

... financial crisis economic reform banking regulations Federal Reserve Wall Street Great Recession Depression China Europe laissez-faire Ben Bernanke Alan Greenspan Glass-Steagall Dodd-Frank © 2020 Current History. All rights reserved. 2020 The Regents of the University...

... reserved. 2013 The Regents of the University of California Kathryn Lavelle capitalism socialism banking financial crisis bailouts United States Europe regulation international law 304 [F]or the democratic political and capitalist economic systems to survive, a gov- ernment s response...

...Daniel Gros A few nations' public debt problems have become a systemic, area-wide financial crisis because of the fragility of the European banking system. © 2012 Current History. All rights reserved. 2012 The Regents of the University of California Daniel Gros European Union debt...