In this post, I try to explain some concepts around money and banking by taking you through the early days of a new fictitious country. I try to start with nothing and build up to a more complex system.
This is a good primer on central banks and some of the different ways they can handle currency. What do you think of pegging as a way to combat inflation?
This is a good primer on central banks and some of the different ways they can handle currency. What do you think of pegging as a way to combat inflation?