Financial Crypto Currency
A takeaway from the Bank of England Museum: Go easy on issuing fiat currency
The museum ought to exhibit the roles of Newton and Gresham to explain how bad money drives out good money. Since too much fiat money was created after the pandemic broke out, people exchanged it for ‘good’ investments. Central banks mustn’t go over
On 21 July, I visited the Bank of England Museum in London. It was an interesting and an engaging experience. Nonetheless, I was left wanting more, simply because I thought the museum would be more a… [+4981 chars]
