Many economists believe that expanding the money supply helps create and facilitate economic growth. That is not the case.

Money did originate from the state, no matter how many times contemporary monetary theorists might claim otherwise.

E-money development has important yet theoretically ambiguous consequences for monetary policy transmission, because nonbank deposit-taking e-money issuers (EMIs) (e.g., mobile network operators) can ...

If there’s production there is money. It’s that simple. "Money” is merely an agreement about value among producers that enables the exchange of actual goods, services, and labor. It’s all a reminder ...

Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has raised more than $4.5 billion in ...

The ongoing feud between President Trump and Fed Chairman Jerome Powell centers on interest rates. This tells us more about the near-universal view of what constitutes monetary policy than it does ...

"Programmable Money" is founded on the principle that its issuer can prescribe its usage, transferees, daily spending limits, and even a termination date. One can put any number of conditions in ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...

Imagine pegging your currency to another currency that is constantly being inflated. That was the situation Bolivia found ...

Definition: Fiat currency is a form of money or tender not backed by a tangible asset or commodity like gold or silver. It’s usually mandated by governments, but this isn’t always the case. The ...

Debasement refers to the action or process of reducing the quality or value of something. In relation to money, it traditionally refers to the practice of reducing the precious metal content in coins ...