iOS app Android app

Dollar

How to Load up on Chinese Money in New York

Robert Lenzner | Posted 05.25.2011 | Business
Robert Lenzner

The vast banking floor was empty when I arrived to open my bid to make a small fortune in the currency that is bound to appreciate against the American dollar over time.

China Hopes to Double the Value of Yuan-to-Dollars Within Ten Years

Robert Lenzner | Posted 05.25.2011 | Business
Robert Lenzner

As the country becomes more reliant on growth from its own consumer sector, it will not be so dependent on a cheap currency to foster its exports, Chinese officials believe.

PHOTOS: 12 Countries For The Non-Frugal Traveler To Visit Now

Posted 05.25.2011 | Travel

When deciding where to travel abroad, an obvious point to consider is where your dollar will go farthest. For years, a European getaway was fun and ec...

The End of the Keynesian Experiment

Nathan Lewis | Posted 05.25.2011 | Business
Nathan Lewis

It is not too long -- less than a decade I would guess -- before the Keynesian Experiment comes to an end, and the world can finally get back on a more productive and healthy track.

Volcker Says U.S. Economic and Political Influence Globally Is Waning

Robert Lenzner | Posted 05.25.2011 | Business
Robert Lenzner

Last night at a Common Cause dinner in New York, Paul Volcker singled out the danger facing the U.S. if the dollar no longer retains its role as a global benchmark.

Best Eats For One Dollar In Washington Heights

Metromix New York | Posted 05.25.2011 | New York

When I think of cheap food in Manhattan, my mind wanders to the dumpling stalls of Chinatown and the hobo-friendly, dollar-slice pizza joints of Hell'...

Alert: QE II Has Lit the Fuse

Chris Martenson, Ph.D. | Posted 05.25.2011 | Business
Chris Martenson, Ph.D.

The Fed's recent decision to openly monetize government debt means we're "almost there" in terms of the required shift in perception necessary to call an end to the "king dollar" period.

WATCH: Geithner Squares Off With Greenspan On The Strength Of The Dollar

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Treasury secretary Timothy Geithner directly contradicted former Fed chairman Alan Greenspan's assertion about U.S. monetary policy, saying the U.S. i...

What Impact Will QE2 Have on Housing?

Barry D. Wood | Posted 05.25.2011 | Business
Barry D. Wood

Despite numerous naysayers, the case can be made that Bernanke's massive monetary easing to pre-empt deflation will be judged as successful as Paul Volcker's drastic 1979 tightening was in combating inflation.

Mexico Launches HUGE Money Laundering Crackdown, Cuts Dollar Deposits

Bloomberg | Andres Martinez | Posted 05.25.2011 | Business

Mexican companies reduced dollar cash deposits by 75 percent since President Felipe Calderon in September restricted some currency exchanges to fight ...

QE2 Geneates Instant Wealth Creation

Robert Lenzner | Posted 05.25.2011 | Business
Robert Lenzner

Just when you were losing faith in Ben Bernanke, he pulls a $600 billion rabbit out of his pocket. Down goes the dollar and the Treasury bond. Up goes gold, oil, stocks and interest rates.

WATCH: STREET ART: Graffiti Artist Max Wiedemann On How To Make A Billion Dollars

Constantin Bjerke | Posted 05.25.2011 | Arts
Constantin Bjerke

A glass of champagne being forced into hand and fistfuls of dollar notes - albeit fakes - everywhere I turn, you'd think that I was well on my way to ...

It's the Dollar, Stupid

Georges Ugeux | Posted 05.25.2011 | Business
Georges Ugeux

Behind the currency debate lies a somber reality. Most of China's exports are the result of the relocation of production outside of the U.S. -- it is American corporations that fuel the balance of payment deficit.

Let China Manipulate its Currency---They Are Doing Us a Favor

Alan Schram | Posted 05.25.2011 | Business
Alan Schram

Letting free markets set the exchange rate is the best policy for both the U.S. and China. But in its absence, a strong dollar is in the best interests of the United States, even if the Chinese fail to grasp this.

Dan Froomkin

Job-Creation Idea No. 10: A Lower Dollar Would Level The Playing Field

HuffingtonPost.com | Dan Froomkin | Posted 05.25.2011 | Business

(No. 10 in Huffington Post's America Needs Jobs series.) With the Federal Reserve indicating that it's ready to print more money to keep interest rat...

Currency Wars and Accounting Identities

Dean Baker | Posted 05.25.2011 | Business
Dean Baker

There are few areas of economics more boring than accounting identities. This is unfortunate, since it is virtually impossible to have an understanding of economic policy without a solid knowledge of it.

Why It's Foolish to Weaken the Dollar to Create Jobs

Robert Reich | Posted 05.25.2011 | Business
Robert Reich

It's no big accomplishment to create jobs by getting poorer. Our goal isn't just more jobs. It's more jobs that pay enough to improve our living standards.

Why Gold Bears Should Hibernate

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

The $64,000 question is whether the modern gold rush is actually a mania or, in fact, a legitimate reflection of serious financial and economic stresses.

Keiser Report, Episode 76

Mike Jensen | Posted 05.25.2011 | Politics
Mike Jensen

This week Max Keiser and co-host Stacy Herbert look at the scandals of no fiscal or monetary bullets left in the bankrupt warfare states of America.

DK Matai | Posted 05.25.2011 | Business
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

China, Currency Manipulation and Globalism: The Big Backstory

Eric Ehrmann | Posted 05.25.2011 | World
Eric Ehrmann

Beijing orchestrated a two percent swing in the renminbi- dollar rate that has justifiably dampened profit taking by speculators and replicates renminbi market spreads against the Euro.

Is China Trading Fair? CAF v. CATO On CNBC

Dave Johnson | Posted 05.25.2011 | Business
Dave Johnson

America's huge trade imbalance with China is the result of rulebreaking that has created a bubble that is expanding beyond all safe margins. It could lead to another worldwide economic disaster.

The Euro Will Survive

Barry D. Wood | Posted 05.25.2011 | Business
Barry D. Wood

While aggravated by the ECB's structural weakness, the euro's crisis was caused by the inability of the continent's political leaders to agree on policies to help Greece and safeguard their common currency.

Contrasting Greece and America

Alan Schram | Posted 05.25.2011 | Business
Alan Schram

America's demographic dividend, plus its independent currency, put it in a much better position than Greece.

Five Pieces of Evidence the US is Developing a Strong Underclass

Damien Hoffman | Posted 05.25.2011 | Business
Damien Hoffman

The US currently has an underclass reaching about 10% of the population. Keep your eye out for these signs that the US is turning into a two-class society,