When we first learn about money and banking in high school or university, we are all taught that money has three functions: medium of exchan...

David Andolfatto had a provocative and open-ended tweet a few days back: The difference between money and debt. pic.twitter.com/CSQuLzUJP...

The (Great) Tower of Babel , 1563, Bruegel the Elder. "Therefore is the name of it called Babel; because the Lord did there confound ...

LSD tabs like these ones have an incredibly high value-to-weight ratio When bitcoin first appeared, it was supposed to be used to buy ...

Nick Rowe points out that if a central bank wants to control the economy's price level, it needn't issue any actual money—it c...

Narayana Kocherlakota, formerly the head of the Federal Reserve Bank of Minneapolis and now a prolific economics blogger, penned a rece...

Canadians will all know what Canadian Tire Money is, but American and overseas readers might not. Canadian Tire, one of Canada's lar...

Imagine waking up in the morning and checking the hockey scores, news, the weather, and how much the central bank has adjusted the gold ...

Thomas Jordan, Chairman of the Governing Board of the Swiss National Bank Negative interests rates are the shiny new thing that everyon...