The Tobin Tax: Stabilizing Foreign Exchange Markets

The Tobin Tax: Stabilizing Foreign Exchange Markets

I discuss the 2-Pin Tax, which imposes a 1% tax on the movement of hot money to target harmful transactions in the market. However, long-term investment flows are exempt from this tax. The goal is to reduce volatility in foreign exchange markets and allow countries to achieve greater stability in their national policies.

https://youtube.com/shorts/BGawvfry5i0?si=NnnMNc04fIbYFcAZ

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