currency competition, dollarization, hyperinflation, libra, zimbabwe

The Zimbabwe government is back to its old money-printing tricks. As demand for Zimbabwe dollars dwindles, the government has ramped up restrictions on the use of substitutes. Late last month, as reported by Bloomberg News, "Zimbabwe’s government gave the central bank powers to impose civil penalties to…

Monetary Policy, MMT, Financial Inclusion, Cato Journal, Fed

The Fall 2019 edition of the Cato Journal, the Cato Institute’s interdisciplinary journal of public policy, is now available online. Readers of Alt-M will find the articles on monetary and financial topics of special interest.  Their topics range from financial inclusion, to macroprudential policy, to Modern Monetary…