Author Archive
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Jan 27, 2023Among the earliest participants in the eurodollar system were Canadians. Though these dollars were floating around Europe, primarily, Canadian banks stood ready to borrow in bulk as... -
Jan 20, 2023When staring directly at the edge of a cliff, you quite naturally begin to explore all the ways in which you might avoid going over it. The closer you get, obviously the more urgent... -
Jan 13, 2023It seems like an unnecessarily inefficient method, maybe even a total waste (pun intended) of time trying to discern what an animal eats solely by observing what comes out... -
Jan 6, 2023Just as the Federal Reserve is not a central bank, VISA is not actually a credit card company. What is it about money and payments which leads to so many of these things...
