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Ideas for an Alternative Monetary Future

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Ideas for an Alternative Monetary Future

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black money

currency, money, war on cash, high denomination currency, black money
Fiat Money, Money & Politics

More Evidence of the High Collateral Damage of a War on Cash

Larry White/January 26, 2018June 19, 2022

The leading arguments for banning large-denomination currency notes are those made in a much-cited working paper by Peter Sands and at book length by Kenneth Rogoff. They have been rebutted persuasively by Pierre Lemieux and Jeffrey Hummel in their respective reviews of Rogoff’s book. I have previously…

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Fiat Money, Money & Politics, News

India's Failed Demonetization Program and Its Retreating Economic Defenders

Larry White/September 28, 2017June 19, 2022

Dormant for a while, the debate over India’s demonetization program of last fall has been revived by new evidence. The new evidence on note returns and GDP vindicates the critics, and has the defenders in strategic retreat. To recap: On November 8, 2016, India’s Prime Minister Narendra…

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About Us

Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today’s centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

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