Brainard Archives

Should We Fear Stablecoins?

Larry White/June 24, 2021June 19, 2022 /10 Comments

A “stablecoin” is a cryptocurrency whose value is pegged to a fiat currency, gold, or another continuously traded asset. USD Tether (USDT) and USD Coin (USDC), the two stablecoins with the largest values in circulation, are each managed to maintain a price centered on and close to…

Fed divided, FOMC, rate rise, interest rates

Inflation & Deflation, The Fed & Central Banks

A Fed Divided

Gerald P O'Driscoll/October 26, 2015June 19, 2022 /1 Comment

Markets once again are waiting breathlessly for a decision on short-term interest rates by the FOMC, the Federal Reserve’s monetary policy making arm. All signs point to no change in interest rates. More interesting is a possible change in how members of the FOMC are thinking about…

Alt-M

Ideas for an Alternative Monetary Future

Alt-M

Ideas for an Alternative Monetary Future

Brainard

Should We Fear Stablecoins?

A Fed Divided