On the Optimal Design of a CBDC (Central Bank Issued Digital Currency) — Marc Clotet, penultimate BSc Economics student at University College London “Crabs and all sorts of things,” said the Sheep: “plenty of choice, only make up your mind. Now what do you want to buy?” — Through the Looking-glass With Bitcoin slowly recovering from its flattering levels after its biggest dip…

Understanding the Differences Between Indirect, Direct and Hybrid CBDCs — Deeming the far-reaching recent enthusiasm in the crypto-world, it is of no surprise that Central Banks would not like to be left behind in the race for new disruptive payment instruments which can shape the banking industry. The Bank for International Settlements (BIS) has been conducting interesting research on Central-Bank…

To What Extent Can Stablecoins Such As Diem Be Beneficial For Our Current Monetary Systems? A Brief Note to the Reader: Before continuing with the reading of this article, I would like to emphasise that there are many ways to read an economic article. Some publications can be that dense…

Germany was an upstart, a wealthy region that wanted and was about to conquer the world, but saw its plans vanished after the Treaty of Versailles in 1919 — 1914. The Great Powers of Europe were divided into two rival alliances: The Triple Entente (France, Britain and Russia) and the Triple Alliance (Germany, Austro-Hungary and Italy). Germany was about to become Europe’s new strongest power. Notwithstanding, a sudden, unexpected ocurrence took place on June 28, 1914 in the city…

Unaffordable all-time high rental prices have proved to be a disturbance for the community stability — In the last five years, rental prices in Spain have skyrocketed 50%, meaning a purchase opportunity for large investment funds but a threat for the inhabitants, as they see their rents increase and their wages remain stagnant. Assumed that rental prices in Spain, and especially in Barcelona, have proven to…

‘A market for something exists if there are people who want to buy it and people who want to sell it’ — Reinventing the Bazaar, John McMillan Lydia was located east of Ionia, an ancient land of western Anatolia, and extended from the Aegean Sea, occupying the valleys of the…