Sentences with phrase «idea of a central bank»

The heavy favorite to be named the next head of the U.S. central bank has indicated he isn't against bitcoin, but isn't embracing the idea of a central bank - issued digital currency.
He also floated the idea of a central bank - issued flat digital currency as a workable alternative to private digital tokens and one that would also help to reduce the cost of printing notes.
However, he later mooted the idea of a central bank - backed cryptocurrency.
The idea of a central bank cryptocurrency is certainly gaining momentum.

Not exact matches

Morneau also told reporters that while it's important that the Bank of Canada remains independent, he is «open to ideas» on working with the central bBank of Canada remains independent, he is «open to ideas» on working with the central bankbank.
It will be easier to convince the public of the central bank's efforts to re inflate the world's third - biggest economy if they can easily measure jumps in the size of the BOJ's balance sheet, supporters of the idea say.
Essentially the answers to these five questions summed up the totality of Gross» recent ideas and letters: The credit - fueled economy is running out of steam, and central banks can continue with their easing but doing so will distort the markets.
The central bank is not keen on the idea of cryptocurrencies however.
The idea here is essentially to work out how to set up cross-border mutual - fund type structures to invest in bonds issued by regional governments and quasi-government authorities, and to show the way with a modest amount of central bank money.
With the lessons of 2008 still fresh, finance and central bank officials have a better idea of how to respond to a credit crisis.
He addressed the bank's approach to virtual currencies (VCs) like bitcoin and the prospect of a central bank digital currency (CBDC), an idea that has previously been floated in India.
Since a bankrupt central bank sounds like a stupid idea, the government has to bail it out to the tune of $ 100m, which is the net loss to the fiscal authority.
Even the idea of not only SNB but any central bank considering an exit strategy for equity portfolios is the most unrealistic thing in current market environment.
Critics say delegating to the national central banks would undermine the idea of a single currency with a strong central bank.
Option (e) remains extremely risky given the massive levels of outstanding government debt (and potential for fiscal crisis) and therefore low in probability in our view, but the idea came to the fore in investor consciousness after the BOJ held meetings with former FOMC Chairman Bernanke, credited for applying the idea of «helicopter money» to deflation - fighting in central bank policy.
The idea was that politically independent central banks would take control of monetary policy from government treasuries that had become the de facto monetary policymakers during World War I and had created substantial inflation in many countries.
The idea that a central bank should have responsibility for financial stability has roots deep in the history of central banking.
And I particularly play in the currency space and one of the thing that's attractive there is the idea that in eras where you have reckless central banking there's huge distinction between reckless central bankers and those who are engaged in reckless central banking with abadon and as a result I think that there becomes some real value disparities from a currency standpoint as well.
MasterCard is open to the idea of using future national digital currencies issued by Central banks, according to co-Chairman of Mastercard Asia / Pacific.
The idea of a single financial regulator... central bank independence... inflation targeting... free capital movement
He and a colleague first conceived of an energy - backed asset in 2011 but couldn't make the idea work without a central bank.
Category: Africa, Asia, Central America, Child Health, Combat HIV / AIDS, End Poverty and Hunger, English, Environmental Sustainability, Europe, Gender Equality, Global Partnership, Maternal Health, Middle East, Millennium Development Goals, NGO, North America, Oceania, Private Institution, Public Institution, Refugee and displaced, South America, Universal Education, Voluntary Association, Your experiences, Your ideas · Tags: Afghanistan, Ban Ki - moon, Burkina Faso, Chad, children, civic engagement, conflict areas, conflict situations, curriculum frameworks, dignity, Educate a Child, Education, Education First, Education for All Global Monitoring Report, education programme, education systems, Enhancement for Literacy, Forest Whitaker, fragile states, Gaza, gender equity, girls, global citizenship, global citizenship education, global development agenda, global initiative, government, Her Highness Sheikha Moza bint Nasser, hidden crisis, Human Rights, Human Rights Education, humanitarian aid, inequalities, international community, Iraq, Irina Bokova, Jordan, Lebanon, life skills, Literacy Initiative for Empowerment, Millennium Development Goals, new teachers, non-formal peace education, non-violence, peace, Peacebuilding, PeaceEarth Foundation, primary education, primary schools, promoting peace, Qatar, refugees, School Day of Non-violence and Peace, secondary education, special education, Sub-Saharan Africa, Sudan, sustainable development, Syrian refugees, UN, UNESCO, UNESCO Director - General, UNESCO Goodwill Ambassador, UNESCO Special Envoy for Basic and Higher Education, United Nations, United Nations Secretary - General, UNRWA, violence, vulnerable groups, West Bank, woman empowerment, young people, Youth Peacemaker Network
Category: Asia, Central America, Child Health, Combat HIV / AIDS, End Poverty and Hunger, English, Environmental Sustainability, Gender Equality, global citizenship education, Global Partnership, Interviews, Maternal Health, Middle East, Millennium Development Goals, NGO, North America, Refugee and displaced, South America, Transversal Studies, Universal Education, Voluntary Association, Your experiences, Your ideas · Tags: bioliteracy, Buddha, Cooperation, Costa Rica, Culture of Peace, Curriculum Planning, Director - General of UNESCO, Dr. Katherine Müller - Marin, Education for Sustainable Development, ESD, evolution, future, global citizens, global citizenship education, Interamerican Development Bank, International Day of Peace, Irina Bokova, knowledge, life, Pan American Health Organization, peace, Peacebuilding, Representative of UNESCO to Viet Nam, Spanish Government Día Internacional de la Paz, sustainable development, the Organization of American States, the World Bank, UN, UNDP, UNESCO
The main thing holding back our world from recovery, is no one wants to take losses from bad debt, and so central banks extend a lot of credit, as if those pointy - headed intellectuals have any idea about how the economy really works.
But the idea of having a central bank presumes their ability to spot turning points, and take action.
Elsewhere in the world, the idea of «going negative» has gone from central banking taboo to just another unconventional policy tool, with Bank of Canada governor Stephen Poloz opening the door to negative rates last December and U.S. Fed chair Janet Yellen saying in May that she isn't ruling them out.
One of Bagehot's main ideas was that during a crisis, central banks should lend at a penalty rate without limit, and that would re-liquefy the marginal banks in the system that just needed a little to get by.
The idea was to explain how it is difficult to save for the future in a way that will transfer today's purchasing power to the future without diminution, particularly when you have a central bank trying to stimulate the economy through the creation of credit, and the nation as a whole is overindebted.
Implementing Dudley's idea of targeting price levels requires the Central Bank to be presented with the opportunity to let inflation run above its target level.
Canadians are feeling more and more comfortable with the idea of taking on additional debt, and it's partially thanks to the central bank's stance on low interest.
The idea that Canada's economy can prolong its current expansion without fueling inflation has become a central narrative for the Bank of Canada.
Ideas of better world economic growth prospects and major central banks tightening their monetary policies in the near futures have helped to sink the U.S. Treasury markets.
In 2015 Carbon Tracker presented the stranded assets / unburnable carbon idea to a full meeting of central banks and regulators at the Financial Stability Board meeting on climate change hosted by Mark Carney, effectively contributing to the creation of the Task Force on Climate - related Financial Disclosures (TCFD).
While the World Bank and other the development leaders have long recognized this imperative, U.N. climate officials have been slow to work more directly with the development community to integrate these ideas into their strategies, for apparent fear of distracting from the central goal of emissions reductions.
He did not reject the idea of the adoption of bitcoin by central banks.
In December 2014, the governor of India's Reserve Bank Raghuram Rajan did not reject the idea of bitcoin being adopted by the central banks.
The Co-President Asia - Pacific division for MasterCard, Ari Sarker stated in an interview with the Financial Times that the company would be open to the idea of using cryptocurrencies that have been issued by central banks.
Governments and central banks all over the world are gradually warming up to the idea of leveraging the unique advantages offered by blockchain technology — low - cost transactions permanently recorded in tamper - proof distributed ledgers...
Adding to his Monday statements, Menon said that he would not exclude the possibility of Singapore's central bank issuing a cryptocurrency directly to the public, although he is not sure if it's a «good idea».
The idea of having central bank cryptocurrencies was also discussed amongst the heads of various central and reserve banks at the
Last month, the director of the central bank's Digital Currency Research Institute pitched the idea of a state - run cryptocurrency as a means to stabilize the yuan.
Time not (yet) right for state digital currency While the BIS, the central banks for central banks, recently said that policymakers will likely have to consider whether it makes sense for them to issue their own digital currency at some point, most central banks, including the Fed, the ECB, and the central bank of Australia are not overtly enthusiastic about the idea of creating a central bank issued state cryptocurrency taking a wait - and - see attitude.
«The idea of having a fiat - backed proxy of central bank money issued on smart contacts for financial institutions to exchange liquidity globally seems a very powerful concept,» he said.
2018 could be the year cryptocurrency regulations are introduced in India, and although the authorities» contradictory signals make it hard to foresee what shape the regulations will ultimately take, the country's central bank is said to be warming up to the idea of cryptocurrency.
Officially, India's central bank is cautious about cryptocurrency, though the idea has been floated of launching a new cryptocurrency in the RBI's domain.
According to the unnamed source, the new currency would at the same time abandon the idea of decentralization and would be controlled by central banks.
a b c d e f g h i j k l m n o p q r s t u v w x y z