the Mechanical Money blog

 Money would be much easier to understand if everyone started thinking about 'access into the marketplace'. Especially, it would eas...

 You don't need to be a banker to put together a logical theory of banking and money. You just need to lay all the clues into an interlo...

This is a follow-on for the recent post " A Mechanical Exercise Tracking the Creation and Lifespan of Fiat Money " (METC). In the ...

In this post, we ask the question "What is money?".  Mike King, in a series of posts beginning with " 1. Defining "money...

Here's a little mechanical exercise that tracks the creation and lifespan of fiat money. We use coins to identify paper or electronic fi...