Tag Archives: banking system
Inflation Targeting and Communication
Economics works through more or less sophisticated instruments. Communication is one of them, ensuring a large possibility for manipulations and predictability, but somehow uncertain results. Ideally: an economist communicates to people things in a convincing manner; they believe him, the communicated “things” become true because everybody believe it, and the economist is declared to be […]
Pros and Cones of a Decentralized Banking System
Decentralized systems are naturally occurring, usually self-regulating systems which function without an organized center or authority. In terms of banking system, the decentralization is assumed under the non-existence or limited interference of financial institutions or governmental authorities, which suppose limited regulations’ pressures on banks’ activity and decisions.
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