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Could We Take the Dollar Down Again?

Russell Green | Posted 09.22.2015 | Business
Russell Green

Thirty years ago today the financial leaders of the five leading economies of the time gathered in the Plaza Hotel, concerned about an excessively strong dollar. The coordinated effort to deflate the dollar that resulted from that meeting seems appealing again.

Western Sanctions - Russia's Transition

Elena Ulansky | Posted 08.06.2015 | World
Elena Ulansky

During the first six months of 2015 the dollar versus the Russian currency market has decreased by 0.8%, the euro was down 9.8%. In the second quarter the dollar fell by 3%, the euro rose by 0.5%.

A Way Out of Afghanistan's Crisis

Mohammad Shafiq Hamdam | Posted 07.29.2015 | Politics
Mohammad Shafiq Hamdam

After massive fraud during the 2014 presidential elections in Afghanistan, in September 2014 against the constitution a deal to form a national unity government (NUG) has been signed by President Mohammad Ashraf Ghani and Chief Executive Abdullah Abdulah.

Put Harriet Tubman on America's Currency

Doug Bandow | Posted 06.19.2015 | Politics
Doug Bandow

The Treasury Department is authorized to choose figures for America's money and recently indicated that it planned to supplant or at least supplement Alexander Hamilton with a woman.

Your Best Bond Strategy. Interview with Bond Strategist Kathy A. Jones.

Natalie Pace | Posted 06.05.2015 | Business
Natalie Pace

For years, pundits have debated about the timing of a rise in interest rates, pouring over the Federal Reserve Minutes and analyzing every new comma in the press releases.

Enormous, Humongous March Trade Deficit Creating Jobs Elsewhere

Dave Johnson | Posted 05.21.2015 | Business
Dave Johnson

We should demand balance. Trade partners should agree to actually "trade" with us, not just sell to us. We should also balance the interests of working people, the environment and other stakeholders with the interests of businesses in our trade negotiations.

Do Sanctions Work?

Daniel Wagner | Posted 05.04.2015 | World
Daniel Wagner

Economic sanctions have long been used as a foreign policy tool, sometimes perceived as the tool of choice for nations where diplomacy has failed to yield desired results. Yet as widely used as they are, they generally fail to achieve their objectives.

Foreign Brand Power: How Countries Help Their Brands

Ira Kalb | Posted 06.18.2015 | Business
Ira Kalb

While brands are typically associated with companies and products, countries have brand identities too. In fact, the image of a country can greatly contribute to (or detract from) the brands that come from that country.

Bad Jobs Report Could Be Good For Oil Industry

James Stafford | Posted 06.06.2015 | Business
James Stafford

The Fed has intimated that it will raise interest rates at some point later this year after more than a half-decade of easy money. But the March jobs report suggests that the swift appreciation of the U.S. dollar is starting to cut into job growth.

Obama's New $18.152 Trillion Debt

Natalie Pace | Posted 05.17.2015 | Politics
Natalie Pace

We should have until September before the Debt Ceiling debate starts making headlines again. If there is a backdoor deal, there will be an uneasy calm, and relief, on Wall Street. If the debate heats up, then volatility is likely to roil the markets.

The Too-Much-of-a-Good-Thing Economy

Richard Barrington | Posted 04.04.2015 | Business
Richard Barrington

You know the old expression "Be careful what you wish for; it may actually come true"? Well, somewhere there are a bunch of early-1980s economists who may now be regretting what they wished for 35 years ago.

How Many Dollar Bills Would It Take to Build a House -- Literally?

Redfin | Posted 02.04.2015 | HuffPost Home

Anyone who has struggled to save for a down payment knows that homes are expensive. REALLY expensive. Especially after taking advantage of so many holiday shopping deals lately. It got us thinking... how expensive would it be to actually build a house out of money?

All That Moola: The History of 'Bucks' and Other Words We Use to Mean Money

William B. Bradshaw | Posted 12.18.2014 | Money
William B. Bradshaw

This covers many words used for money, although there are many more used less often. The exact history of "bucks" used for "money" is uncertain, but the leading theory, which seems likely, is that "bucks" came about as a substitute for money in the 1700s, when deerskins were a common medium of exchange for other items of value.

Where Did That Money Come From?

William B. Bradshaw | Posted 12.04.2014 | Money
William B. Bradshaw

We hardly see half-dollars now, and although quarters are still quite common, we seldom hear them referred as "two bits." In fact, from an informal survey I took, most people about forty years and younger do not have any idea what "two bits" or "four bits" or "six bits" or any number of bits refer to.

Argentina: Down the Tubes, Again

Steve H. Hanke | Posted 11.12.2014 | World
Steve H. Hanke

Property's worst enemy is theft: theft makes property insecure. And unless property is secure, it can't be accumulated and it is wasted. The increasing incidence of heists on grain, Argentina's most valuable export, indicates that property rights are becoming more insecure and that the economy only has one way to go: down the tubes.

The New Monetary Standard

Aurelia Condrat | Posted 07.05.2014 | Business
Aurelia Condrat

Without any doubt in this moment we can not talk about the dollar but about the "energo dollar" or "petrodollar," currencies that are not within reach of the common people which ultimately bring prosperity.

China Considers Dumping U.S. Assets

Agence France Presse | Bill Savadove | Posted 01.23.2014 | Business

A US debt default could spur China to diversify its multi-trillion-dollar foreign exchange reserves, the world's largest, analysts say, as Beijing see...

Spilled Milk: Where I'll Be Spending the Government Shutdown

William Lucas Walker | Posted 01.23.2014 | Comedy
William Lucas Walker

Who cares if the government's closed when there's a place right down the street that's open from the crack of dawn 'til 9 p.m. and everything's a dollar?

Getting Rid of the Dollar Bill Is a Bad Idea

Eli Lehrer | Posted 09.28.2013 | Business
Eli Lehrer

The idea of a dollar coin is a loser in the U.S. There are plenty of ways Congress can act to save money. Making Americans give up the greenback shouldn't be one of them.

The U.S. Dollar Could Save Argentina

Steve H. Hanke | Posted 07.10.2013 | World
Steve H. Hanke

Argentina is once again wrestling with its long-time enemy -- inflation. Now, it appears history may soon repeat itself, as Argentina teeters on the verge of another currency crisis.

Catherine New

These Stores Are Penniless And Loving It | Catherine New | Posted 04.10.2013 | Small Business

At Cheese Board Pizza in Berkeley, Calif., a slice of pizza comes to $2.73 (that's $2.50 plus tax.) But if you pay with $3, you’ll get a little bonu...

Rethinking Money: How Different Types of Money Will Stabilize the Economy

Jacqui Dunne and Bernard Lietaer | Posted 04.08.2013 | Business
Jacqui Dunne and Bernard Lietaer

A quiet revolution is happening that has, for the most part, gone under-reported.

Congress Looks To Get Rid Of What?

AP | KEVIN FREKING | Posted 01.30.2013 | Politics

WASHINGTON — American consumers have shown about as much appetite for the $1 coin as kids do their spinach. They may not know what's best for th...

The Clash of Generations

Laurence J. Kotlikoff | Posted 07.25.2012 | Politics
Laurence J. Kotlikoff

As we sit back and blithely watch Greece's death by debt, it's easy to assume it can never happen here. It can, and it will.

Gold Prices Hit Lowest Level Of The Year

AP | SANDY SHORE | Posted 05.09.2012 | Business

-- Gold prices hit the lowest level of the year Wednesday as uncertainty about Europe's political and economic future dominated world financial marke...