On the Inherent Instability of Private Money

Posted by Unknown On Friday, March 22, 2013 0 comments
Daniel Sanches is Senior Economist with the Federal Reserve Bank of Philedelphia. His CV is simply superb and more importantly, his publications are most enlightening. His latest paper “On the Inherent Instability of Private Money” was delivered last Friday.

I hope that you can spare some time to read this fantastic paper. You can access the paper AT THIS LINK.

Today, my focus for my reading/blog posts has been on economics issues:


Next post will be a lighthearted one so do swing by again later. Have a pleasant evening.

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