Meaning Behind the Word: Bond The term bond refers to a connection or link between people, objects, or entities. It can also denote a formal agreement or a financial instrument that represents a debt owed...

Meaning Behind the Word: Bond #Word #Meaning #Connection #Link #Relationship #Agreement #Finance #Chemistry #Emotion #Security #Market #Issuer #Debt #Stability

USDC Issuer Circle Files for IPO Amid Crypto-Friendly US Regulatory Shift Circle, the issuer of t...

coingape.com/usdc-issuer-circle-files...

#24/7 #Cryptocurrency #News #Stablecoin #News #Circle #IPO […]

[Original post on coingape.com]

The Basics of Modern Money MMT helps explain the power behind sovereign currency, and the responsibilities of the countries—like the U.S.—which wield it.

YEP! The #UK is a #Sovereign #Currency #Issuer (we have a #BankOfEngland that can print as much money as we need...and it's OWNED BY the #Government-so it basically "owes"its debt to ITSELF!) It can NEVER go #Bankrupt!

Let the #WiseOwl (it's #American but same rules)explain!👍

modernmoneybasics.com

Now, if we focus on a sovereign currency #issuer, like Australia, the government has its own bucket where it can put in as much of its own currency as it likes because it creates the #currency. When the government #spends, it is like adding water to the economy's pool. 🏊

Sovereign Currency #sovereigncurrency
 
Firstly, a #sovereign #currency #issuer is a government that issues its own currency, which is not pegged or convertible to any other currency. #currencyissuer