Better Money™

The role of Currency exchange in Better Money, part 2 - The business of Currency exchange

As I described in my introduction to this series, a grasp of the principles of Currency exchange is crucial for understanding many of the subtleties of Better Money. In this post I'll describe basic principles and provide an illustration of why such principles matter with respect to how a monetary... Read more →

The role of Currency exchange in Better Money, part 1 - Introduction

When the euro was introduced in the late 1990’s, the process by which it was distributed into circulation—and the various Currencies it replaced were withdrawn from circulation—was a cost center for banks. In a sense the process was that of currency exchange; paper cash/coins as well as bank deposits denominated... Read more →