I often encounter memes claiming that fiat money is to blame for all sorts of government evils. Here is one example from Kraken bitcoin stra...

Chase Sunset & Vine, 2012. Painting by Alex Schaefer There is a fundamental asymmetry to banking. Banks don't like to share hig...

The only type of central bank-issued money that we hoi polloi can own are banknotes. But over the last few years, researchers at central...

Ever since the coronavirus hit, the Bank of Canada's balance sheet has been exploding. In late February its assets measured just $118 bi...

I often write about odd monetary phenomena on this blog. Here's a new contender, Yemen's dual banknote system. Yemen uses the Y...

Six years ago I wrote a blog post about Fedcoin. Fedcoin is a type of central bank digital currency, or CBDC. (I called it Fedcoin at th...

I've blogged about strange trades before. There's Kyle Bass's bet on 5-cent coins. The great Japanese gold trade of 1859. A...

To soften the blow of the COVID-19 pandemic, the Bank of Canada is running what it sees as an expansionary, or loose, monetary policy. I ...

"I work at a bank and some lady tried to microwave her money to clean it........ 🤦🏼" from Twitter I've written a series...