Dr. Steffen Murau| steffenmurau.com

New publication on shadow money theory

28 May 2020 | The Private Debt Project, a Philadelphia-based online journal, has published a piece that analyses and systematizes different current shadow money theories.

In their co-authored piece, Steffen Murau and Tobias Pforr argue that, despite different terminology and intellectual ancestry, contemporary shadow money theories can generally agree on three key criteria that define shadow money: A financial instrument must be met by a demand that considers it an alternative to established forms of money, has to trade at par to higher-ranking forms of money and must be created through a swap of private debt certificates. The core disagreement of shadow money theorists over what instruments to count as shadow money lies in the level of strictness in applying those criteria on real-world financial instruments. Read more…

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Interview series with Dezernat Zukunft

6 Jun 2020 | Berlin-based think tank Dezernat Zukunft interviews Steffen Murau on the privatized Offshore US-Dollar System and the prospects of a further Euro internationalization. In Part 1 of the interview series, Steffen Murau […]

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New IFAIR Impact Group on the future of the international monetary system

17 Aug 2020 | IFAIR’s Impact Group ‘Future of the International Monetary System’ is looking for new team members to work on interactive online tool representing the Offshore US-Dollar System. The structures of the international […]

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Macro Musings Podcast on the Eurozone, International Monetary Architecture, and the Future of the Dollar Zone

19 Jun 2021 | David Beckworth, host of the Macro Musings a podcast which pulls back the curtain on the important macroeconomic issues of the past, present, and future, interviews Steffen Murau. In this episode, […]

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