Your English writing platform
Discover LudwigExact(3)
So there is not much more reason to believe that a privately created currency will demonstrate any more monetary discipline than a desperate despot.
It has already cut its target range for the Fed funds rate down to 0% to 0.25% but, more importantly, it has created currency swap lines and an alphabet soup of programs to provide liquidity to the financial system and clean out toxic financial assets.
Perhaps we should call it "cumulative created currency" (ccc) instead?
Similar(57)
More seriously, many experts, including the IMF, believe that putting the euro on hold would create currency turmoil as markets started to make their own guesses.Nor are the gains from delay all that obvious.
And the government sector is in the unique position of being able to create new net financial assets, by virtue of its ability to create currency.
If our actions directly create currency and value, beyond borders and outside traditional government, what are the long term social impacts?
Over the last 20 years at the International Monetary Fund, Warren Coats has advised numerous countries on how to create currencies.
The WIR Bank in Switzerland uses an electronic form of currency, the WIR Franc, in combination with the national currency to create dual currency transactions.
An alternative currency, the Scots pound, continued until the 1707 Act of Union created a currency union based on a pound's value south of the border.
Might he have created the currency in order to hoard coins and cash out?
Nobody had created a currency on a computer before, they said.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com