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Posts tagged as “central banks”

Big Banks And Central Banks Slowly Co-Opt Blockchain

Big banks are taking the ideas behind blockchain and adapting the technology to their business models. For instance, much of Italy’s banking sector uses Spunta,…

Central Banks May Cease Targeting Inflation Rates

The Federal Reserve may stop targeting inflation, the measure of price increases for goods and services over time, as the coronavirus response threatens economic depression…

Bitcoin Vs. Fiat’s Best: The Norwegian Kroner

[heading]Bitcoin Vs. Fiat’s Best: The Norwegian Kroner[/heading]

A “safe” fiat currency? There can be no such thing…

Or can there?

First of all, a nation’s currency is issued by its central bank, and a central bank, just like an ordinary bank, has assets and liabilities.

Assets that a central bank might have are things such as government bonds and gold. A central bank’s liabilities include the nation’s money supply, known as central banks ‘notes,’ even though most of these exist digitally these days.