The concept of the digital euro – a form of electronic money issued by the European Central Bank (ECB) – is rapidly moving from theory to reality; yet, its fundamental purpose remains ambiguous.
According to the Treaty on the Functioning of the European Union, adopting the euro as the national currency is a mandatory requirement unless an explicit exception is agreed upon.
The newly released Misery Index, compiled by the Instituto Juan de Mariana, provides a detailed analysis of economic hardship across the European Union, focusing on unemployment and inflation as its key indicators.
The Experience of Free Banking outlines a monetary system where private banks issue competing banknotes, usually anchored to a commodity like gold or silver, replacing the central bank’s role.