Showing posts with label
Henry Thornton
.
Show all posts
Showing posts with label
Henry Thornton
.
Show all posts
Wednesday, July 24, 2013
Transporting the macroblogosphere back to 1809: Usury Laws and the 5% upper bound
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The zero-lower bound is the well-known 0% floor that a note-issuing bank hits whenever it attempts to reduce the interest rate it offers ...
6 comments:
Tuesday, February 19, 2013
Ripple, or Bills of Exchange 2.0
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Bill of exchange for £30 for tobacco sales, on April 26th 1769 Here's some interesting news. Ripple is finally being implemented....
30 comments:
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