1. Evaluate Bitcoin (or privately provided digital currencies) as a form of money. What are the barriers to such currencies supplanting central bank currencies? Will they succeed? 2. What are the advantages and disadvantages of the GCC pegging against the USD? Under what scenarios can you imagine the GCC moving substantially away from its dollar peg? 3. Choose ONE of the US, Euro area or Japan and use the frameworks developed in class to consider the likely future evolution of interest rates.
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