nations around the world, about how Ideal Money could be brought about internationally. Although (as Ive argued elsewhere) deflation neednt go hand-in-hand with recession or depression so long as the rate of deflation reflects an economys (total factor) productivity growth rate, chances are that deflation in a Bitcoin economy would frequently exceed this safe limit. Login, username: Password: Minutes to stay logged in: Always stay logged in: Captcha (JS required Forgot your password?
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Ideal Money (to be considered different than defining 'ideal money' without capitals) is a theoretical notion promulgated. Presently, economists have focused on the theoretical problem of replacing paper money by plastic of electronic money, as well as on the repercussion of such a replacement. Nash gave various lectures and written discourses on the subject he called Ideal Money. Nobel Prize for economics for his work on equilibrium theory nearly 50 years prior). Sponsored by, a Bitcoin-accepting. "Food For Thought With John Nash". 11 Possible relation to Bitcoin and emerging cryptocurrency economics edit Is Bitcoin Nash's ideal money? And there could be introduced, for example, a similar international currency for the Islamic world, or for South Asia, or for South America, or here or there. "Ideal Money-Southern Economic Journal".
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