Description
Efnisyfirlit
- Cover Page
- Title Page
- Copyright Page
- Contents
- Preface
- Chapter 1: Introduction and Overview
- PART I: The Dark Side of Paper Currency: Tax and Regulatory Evasion, Crime, and Security Issues
- Chapter 2: The Early Development of Coins and Paper Currency
- Chapter 3: Size and Composition of Global Currency Supplies, and the Share Held Abroad
- Chapter 4: Holdings of Currency in the Domestic, Legal, Tax-Paying Economy
- Chapter 5: Currency Demand in the Underground Economy
- Chapter 6: Seigniorage
- Chapter 7: A Plan for Phasing Out Most Paper Currency
- PART II: Negative Interest Rates
- Chapter 8: The Cost of the Zero Bound Constraint
- Chapter 9: Higher Inflation Targets, Nominal GDP, Escape Clauses, and Fiscal Policy
- Chapter 10: Other Paths to Negative Interest Rates
- Chapter 11: Other Possible Downsides to Negative Nominal Policy Rates
- Chapter 12: Negative Interest Rates as a Violation of Trust and a Step Away from Rule-Based Systems
- PART III: International Dimensions and Digital Currencies
- Chapter 13: International Dimensions to Phasing Out Paper Currency
- Chapter 14: Digital Currencies and Gold
- Afterword to the Paperback Edition
- Final Thoughts
- Acknowledgments
- Appendix
- Notes
- References
- Index
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