Pennies are worth more dead than alive. That’s been true for a long time. Constant inflation, even at the low levels of the pre-Biden era, steadily ate away at the value of the venerable 1-cent coin.
The modern monetary system, built on fiat money, has weak foundations similar to the Leaning Tower of Pisa, risking economic instability and collapse. Historical debasement practices, like those of ...
After decades of increasing global economic integration, the world is facing a growing risk of geoeconomic fragmentation, with potentially far-reaching implications for the global economy and the ...
SHANGHAI/BEIJING (Reuters) -The head of China's central bank pledged to expand the international use of the digital yuan and called for the development of a multi-polar global currency system, where ...
Cryptocurrency is a kind of digital currency that is intended to act as a medium of exchange. Cryptocurrency has become popular in the last decade, in particular, with Bitcoin becoming the most widely ...
The U.S. dollar’s dominance as the world’s reserve currency faces its most organized challenge yet from the BRICS nations, but fundamental structural barriers make displacement unlikely in the ...
I helped the director of Finding the Money on an Australian tour in March 2024. I have no financial stake in the film, however. This article is part one of The Conversation’s “Business Basics” series ...
“Sound money” is a term that often gets thrown around in economics discussions, but what does it really mean? In this article, we explore the concept of sound money, its historical context, its basic ...
In an interview with Kitco News this week, Zang said, “When President Trump signed the Genius Act, he changed the global monetary system,” adding that she has no doubt that stable coins will usher in ...
Central banks have been buying gold at record levels. A gold standard limits government growth and promotes economic growth. A return to a gold standard could address the negative impacts of a fiat ...