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Sweden is studying the possibility of an “e-krona”, an electronic form of the country’s currency. Shutterstock

Central-bank digital currencies: toward a cashless society?

With countries such as China and Sweden are studying plans to create a new form of money – a central-bank digital currency. CBDCs risk revolutionizing both the way money is created and distributed.
Some Republicans may be yearning for a return to the gold standard, but the idea has lost its lustre among the vast majority of economists. Image from www.shutterstock.com

The gold standard of truthiness: a bad idea that feels good (to some Republicans)

A few years back, mock-conservative TV pundit Stephen Colbert famously introduced the notion of “truthiness” into the political lexicon. As Colbert put it, truthiness pertains not to whether beliefs are…

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