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Barry Eichengreen

For Barry Eichengreen's latest contributions to The Japan Times, see below:

The stablecoin illusion

Commentary / World Jul 26, 2021

The stablecoin illusion

Stablecoin stability is an illusion. They are unlikely to replace Federal Reserve money, revolutionize finance or realize the dreams of their libertarian enthusiasts.

Who needs a digital dollar?

Commentary / World Mar 31, 2021

Who needs a digital dollar?

The idea of a digital dollar has been in the air for some time now. Recently, it descended from the ether to the lips of U.S. Treasury Secretary Janet Yellen and Federal Reserve Chair Jay Powell. At an event in February, Yellen flagged the ...