Sending condolences to the people of the UAE

Following the announcement of the death of HRH Sheikh Khalifa bin Zayed bin Sultan Al Nahyan, President of the UAE and Ruler of the Emirate of Abu Dhabi,  the Finseta team send our condolences to the people of the United Arab Emirates at this sad time.

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Who are the BRICS?

Who are the BRICS?

Way back in November 2001, Goldman Sachs published a report looking at economic development in major growing economies around the world.  It was titled ‘Building Better Global Economic BRICs’ and was written by the then Head of Global Economics Research (and now a member of the House of Lords) Jim…

A brief overview of ‘Modern Monetary Theory (MMT)’ in theory and practice

A brief overview of ‘Modern Monetary Theory (MMT)’ in theory and practice

If you have ever taken a macroeconomics lesson, you have probably been taught that printing too much money is inflationary. It has been a widely established fact of the macroeconomy for time immemorial. Economists are always keen to remind the public of this fact whenever issues of government spending and…

CBDCs in practice around the world today.

CBDCs in practice around the world today.

Having discussed the benefits and structure of Central Bank Digital Currencies last week, we now turn to the current state of their implementation and the risks associated with their use. CBDCs are still very much in their early stages but 86% of central banks are keen to research and trial…

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Sonny Hellmers

Senior currency specialist