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Currency

This Is What Our Cash Could Look Like If It Didn't Celebrate Dead White Men

The Huffington Post | Kevin Short | Posted 11.05.2014 | Business

Take a look at the redesigns. Remember, these are just hypothetical, and Purrington is in no way affiliated with the U.S. government. But still, we can always dream.

See More This Winter: Travel to Europe & $ave!

trivago | Posted 12.23.2014 | Travel
trivago

The Euro at its lowest value against the US Dollar since July 2012 - currently exchanging at $1.26 - and hotel rates in many of Europe's most popular cities are lower in winter, which means that it's time to seriously consider taking a trip across the Atlantic.

Follow the Money

William B. Bradshaw | Posted 12.11.2014 | Money
William B. Bradshaw

The value of a country's currency is basically dependent upon the country's integrity and having the assets necessary to pay its debt and back up its currency. This was a real problem for early Americans prior to, and for several years following, the Revolutionary War.

Astoria Characters: The Priceless Pair

Nancy Ruhling | Posted 12.07.2014 | New York
Nancy Ruhling

It would be flip to say that it was a toss of the coin that landed Jennifer and Frank Greco at Astoria Coins & Collectibles. But it wasn't much more complicated than that.

Cents Make No Sense

Jerry Jasinowski | Posted 11.29.2014 | Business
Jerry Jasinowski

The moral of the story is that we cannot sensibly expect reasonable fiscal management of trillions of dollars by people who cannot be trusted with pennies.

Has Paper Money Outlived Its Purpose?

Stephen G. Cecchetti | Posted 11.02.2014 | Money
Stephen G. Cecchetti

Serious people have been suggesting that we think hard about eliminating paper currency. Paper money facilitates criminality and creates the zero lower bound (ZLB) for nominal interest rates. So, why not just get rid of it and replace it with electronic money?

Mastering Your Life: How to Play the Game in Five Easy Steps

Tiffany O. Silver | Posted 11.02.2014 | Healthy Living
Tiffany O. Silver

Imagine this energy is like currency -- you get a certain amount each day, to create your now -- so you wouldn't want to fritter it away. Once you realize the impermanence of life, that the past and the future aren't able to be held because they do not really exist, you can only be present!

Money 101: Tips for Exchanging Currency Before a Trip

Go Ahead Tours | Posted 09.07.2014 | Travel
Go Ahead Tours

Exchanging money before a trip abroad can be a little confusing -- we get questions all the time about how to avoid certain fees and get the best rate. Here are our tried-and-true currency tips to keep in mind, no matter where you're going.

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.

Tourist Scams: What You Need to Know

Rita Anya Nara | Posted 05.31.2014 | Travel
Rita Anya Nara

One of the best ways to defend ourselves against scammers is to know what their tricks are, and how to avoid them -- then you can go back to actually enjoying your vacation.

The Jobs-Currency Connection in Greece

Dimitri B. Papadimitriou | Posted 05.25.2014 | Business
Dimitri B. Papadimitriou

Restoring domestic demand needs to be Greece's economic policy emphasis. Despite any downsides, a parallel currency that supports an employment guarantee program would be a U-turn towards rebuilding the population's purchasing power -- and rebuilding Greece's ravished economy.

Heard About Bitcoin? Nah, Been There, Done That

Bob Swarup | Posted 05.24.2014 | Business
Bob Swarup

Bitcoin enthusiasts today are very much recreating the digital equivalent of the California Gold Rush. The currency is the answer to all our modern day problems, they claim. I hear all that. It is still a rerun, because it is human.

Will Bitcoins Become the People's Federal Reserve?

Fred Lundgren | Posted 05.23.2014 | Money
Fred Lundgren

Henry Ford said, "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there wou...

Bitcoin: Money, Currency or Something Else?

Shelly Palmer | Posted 05.03.2014 | Technology
Shelly Palmer

While I agree that Bitcoins are different from US dollars, I disagree with the argument that Bitcoins are less valuable than dollars. Bitcoins are a commodity, just like gold or copper or coal.

Venezuelan Crisis: Resentment, Struggle and a Way Forward

Stephanie Rudat | Posted 04.29.2014 | World
Stephanie Rudat

It is evident that the problems of inflation, scarcity, crime and violence are issues that affect all Venezuelans equally, regardless of their political affiliation or ideologies. Why, then, is the population still divided?

An Open Letter to Tom Perkins

Danielle Tumminio | Posted 04.22.2014 | Politics
Danielle Tumminio

But is it possible that there are other things our country should value above money? Is it possible that there are other sacrifices that are worth just as much as monetary ones?

Whither Bitcoin? Or Wither, Bitcoin?

Christopher Meyer | Posted 04.20.2014 | Money
Christopher Meyer

Bitcoin is managed by a peer network; it is a currency not under the control of any government. Some argue this means it will be a low risk global currency, not buffeted by the performance of any national economy.

Europe's Citizens No Longer Understand Where They Are Headed

Sylvie Goulard | Posted 04.19.2014 | World
Sylvie Goulard

Even if a lot has been done since the height of the euro crisis to clean up the economic and financial situation and to reform the governance of the euro, the status quo is untenable.

Will Fitch Downgrade the U.S. Over Debt Ceiling Drama?

Natalie Pace | Posted 04.08.2014 | Business
Natalie Pace

When Standard and Poor's downgraded the U.S. AAA rating, on August 5, 2011, the Dow dropped 2000 points and gold soared to $1,895 an ounce. Are we at the brink of another downgrade by Fitch Ratings?

Bit Who? 5 Things You Need to Know About Bitcoin

Dayna Steele | Posted 03.31.2014 | Business
Dayna Steele

Bitcoin is slowly but surely finding its way into our lexicon, our news reports, and maybe even our wallets. So what is Bitcoin? How does it work? How do you get Bitcoin? Should you be using it? Should you wait?

Will Gold Soar on the Dow Drop?

Natalie Pace | Posted 03.29.2014 | Business
Natalie Pace

Last week, the Dow Jones Industrial Average dropped over 600 points, sparking a Gold Bug swoon. Rob McEwen, the executive chairman and chief owner of McEwen Mining has been in the gold mining business for 25 years. So, I turned to him for wisdom and experience on today's dance between the Dow and gold.

The Exceptional Traveler: The Currency Exchange Game

Bonnie Kassel | Posted 01.23.2014 | Travel
Bonnie Kassel

Many people like to have some cash when they arrive in a new country. I know I do. Airports and hotels worldwide are notorious for low conversion rates, so you need to do a little research at home before leaving.

Playing With Fire

Michael Farr | Posted 02.02.2014 | Business
Michael Farr

As rates begin to rise in anticipation of Fed "tapering," we would expect an eventual reversal as economic indicators begin to deteriorate. In other words, there is a ceiling on the pace of this economic recovery until deleveraging runs its course (which could be a long while).

Is It Finally Time for Currency Trade Legislation?

Gilbert B. Kaplan | Posted 01.27.2014 | Business
Gilbert B. Kaplan

It's time for the president to live up to the spirit of his campaign promises. He should voice his support for this bill and encourage both houses of Congress to attach it to their next major piece of budgetary or fiscal legislation.

The Promise of Bitcoin and The Fallacy of 'Coin'

Seyi Fabode | Posted 01.26.2014 | Business
Seyi Fabode

I can imagine Americans felt a certain reluctance to stop spending 'buck' (elk or deer skin) when paper money came along. And so will the reluctance to accept Bitcoin reduce with understanding