bitcoin David Laidler medium of exchange sticky prices store of value uncertainty unit of account Imaginary worlds with volatile money Ridwan X
Adam Smith backing theory of money Bank of England bills of exchange David Glasner David Laidler history of thought Mike Sproul real bills doctrine reflux Real or unreal: Sorting out the various real bills doctrines Ridwan X
central bank independence clearing and settlement David Laidler free banking inflation Lars Christensen Weimar hyperinflation Rudolph Havenstein, independent central banker during the Weimar inflation Ridwan X
Alfred Marshall Carl Menger David Laidler Fred Lavington John Maynard Keynes moneyness Steve Horwitz uncertainty William Hutt Uncertainty and the demand for liquidity Ridwan X