EconoFiction

Bitcoin: a Digital Alternative?

11 Apr , 2018  

I first paid little attention to Bitcoin, thinking that there are probably more Elvis Presley impersonators than there are people in the world who have traded or owned it. But seeing that central banks have issued policy statements on Bitcoin, that the FBI has ‘seized’ Bitcoin assets used by drug ...

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EconoFiction

Monetary Policy Divergence: Cross Currency + FX Swaps — Negative Basis

29 Aug , 2017  

Cross currency swaps and FX swaps encompass structures which allow investors to raise funds in a particular currency, e.g. the dollar from other funding currencies such as the euro. For example an institution which has dollar funding needs can raise euros in euro funding markets and convert the proceeds into ...

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