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Rogoff himself is in favour of another solution, based on the concept of a two-currency system. In this case, it is not a question of the country holding two different currencies, but of issuing digital and paper money, where the exchange rate would not be one to one. The base currency would be electronic money, which could be exchanged for cash at a fixed rate. E.g. The kind where cash loses three percent. annually in relation to e-currency. After a year, the central bank would give 0,97 an electronic dollar for one paper dollar; after two years 0,94 a dollar, Rogoff translated in one of his articles, which in practice would also be a transfer of a negative interest rate to the world of paper money.<br>
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