RaboResearch - Economic Research

Special Dutch version

The Future of Bitcoin

This special answers some questions around the Bitcoin. Bitcoin will probably not be very successful as a means of payment. It is too unstable, too slow and too opaque. However, the Bitcoin could survive in the long run as a high risk asset class.

Special

EU recovery fund: What will be the impact?

The European Commission presented a recovery fund for the EU. Although there a quite some hurdles to be taken, a compromise does not look out of reach. The pooling of liabilities is further completes the European capital market.

Economic Report

US helicopter money

The US federal government is considering sending ‘helicopter money’ to Americans as an attractive alternative to outright monetary financing. This can be effective in slowing down a sharp decline in consumer spending, although it will probably not be enough to bring the economy back on an upward growth path.

Special

Should the ECB consider issuing its own securities?

The ECB could use Central Bank Securities to mop up liquidity. The use of this instrument may bring the additional advantage of the creation of a EMU-wide ‘safe asset’. This may bring advantages for the stability of the Eurozone.