Between Payments and Credit
Between Payments and Credit: An Introduction to the IOU Economy
English | 2025 | ISBN: 9819653835 | 291 Pages | PDF EPUB (True) | 26 MB
English | 2025 | ISBN: 9819653835 | 291 Pages | PDF EPUB (True) | 26 MB
In unpacking credit relationships and payments over the past 1000 years in addition to how technological innovations are shifting the credit relationships/payments landscape – from barter, commodity money, single layered to dual-layered financial money systems and from CBDC to stablecoins – this book systematically explores the various techniques that have been introduced in an attempt to improve the organisation, efficiency and stability of the IOU economy as a way to mitigate or prevent the universal challenge of the IOU economy from binding.