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War and payment innovation: the adoption of paper currency in Britain – Bank Underground
https://bankunderground.co.uk/2025/10/09/war-and-payment-innovation-the-adoption-of-paper-currency-in-britain/
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Tagged with:
monetary policy
payments
financial stability
banknotes
bank notes
bank run
monetary history
payment innovation
David Rule Digital currencies and stablecoins have increased interest in how new forms of money are adopted. Looking to three episodes from the 1690s to the First World War, this post considers how…
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