iOS app Android app

Dollar

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

William B. Bradshaw | Posted 10.18.2014 | 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 10.04.2014 | 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

HuffingtonPost.com | 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...

The Future of U.S. Power: What Not to Take for Granted

Michael Moran | Posted 06.09.2012 | Business
Michael Moran

Americans must learn not to take their unmatched economic advantages for granted, lest they disappear.

A Competitive Dollar: The Missing Link in President Obama's Manufacturing Agenda

Dean Baker | Posted 03.31.2012 | Business
Dean Baker

In his State of the Union Address last week, President Obama announced a renewed commitment to manufacturing in the United States. While the commitment to rebuilding the country's manufacturing base is welcome, he unfortunately left the most important item on the list off the agenda. President Obama failed to commit himself to restoring the competitiveness of dollar as part of his agenda for bringing back manufacturing jobs. The value of the dollar really has to be front and central in any effort to restore U.S. competitiveness since it is by far the most important factor determining the relative cost of U.S. goods compared with goods produced elsewhere.

The Real Value of the Dollar and Gold

Michael Pento | Posted 03.21.2012 | Business
Michael Pento

While it is true that the purchasing power of the dollar is a key metric to judge the direction of gold prices, the Dollar Index will only tell you what the dollar is doing against a basket of 6 other flawed fiat currencies.

The Denigration of the Dollar and the Fed

Daniel Wagner | Posted 10.24.2011 | Business
Daniel Wagner

The dollar's hegemony has become increasingly fiscally and monetarily unsustainable to the U.S. itself, and will come to an end either by a forceful market correction or a gradual reconstruction of global reserve currency system.

Investing: Bad News, Good News, and What's Next

Janet Tavakoli | Posted 10.22.2011 | Business
Janet Tavakoli

Long term investors should consider buying commodities or companies that own physical commodities. We're running out of key commodities especially related to agriculture and fertilizer. Washington's brand of the latter isn't the type we need.

Why a Strong Dollar Is a Terrible Idea

Ian Fletcher | Posted 10.19.2011 | Business
Ian Fletcher

The dollar needs to be dispassionately evaluated for the costs and benefits of any particular price it bears, not misunderstood as a totem of national vitality.

Japan's Economy Shrinks For Third Straight Quarter

AP | By MARI YAMAGUCHI | Posted 10.15.2011 | Business

TOKYO -- Japan's economy contracted for a third straight quarter as consumer spending and factory production continued to suffer in the aftermath of t...

Joshua Hersh

China: U.S. Debt Crisis Is Giving Democracy A Bad Name

HuffingtonPost.com | Joshua Hersh | Posted 09.26.2011 | World

WASHINGTON -- The seemingly endless process of resolving America's debt crisis may be giving America and its democratic form of governance a bad name ...

Budget Blowhards: Why the Budget Debate Is Destined to Become Ever More Painful

Dean Baker | Posted 09.10.2011 | Business
Dean Baker

The Washington press corps is living some bizarre delusion about the balanced budgets at the end of the Clinton years. They didn't come about from politicians making tough choices. They came about from much stronger than expected economic growth.

What We Can Learn From Recession -- And How It Can Help Us Prosper

The Huffington Post/AOL Small Business | Jennifer Hill | Posted 08.22.2011 | Small Business

Are we headed for a double-dip recession? It's a question on a lot of people's minds these days -- and a topic my fellow members of the AOL Small Busi...

H&M Blames High Costs For 18 Percent Profit Fall

AP | By LOUISE NORDSTROM | Posted 08.22.2011 | Business

STOCKHOLM -- Swedish fashion retailer Hennes & Mauritz AB on Wednesday blamed higher procurement costs as well as campaigns and special offers for an ...

WATCH: Want To Play? Inevitable Anthony Weiner Doll Hit The Market

AP | Posted 11.15.2011 | Weird News

NEW YORK — An online action figure company has jumped on the Anthony Weiner sexting scandal bandwagon with a doll of the New York congressman in two...