The reliance upon the U.S. dollar as the world's reserve currency and "safe haven" asset has created a perverse, but deeply entrenched, mindset among global investors.
Robert Lenzner | Posted 05.25.2011
No one can predict the timing, but the signal to sell all your gold will be an emergency economic meeting to create a new global currency.
AP | MARTIN CRUTSINGER | Posted 05.25.2011
WASHINGTON — The head of the International Monetary Fund on Friday urged global finance ministers to stop trying to manipulate their currencies ...
AP | MARTIN CRUTSINGER and GREG KELLER | Posted 05.25.2011
WASHINGTON — Fears of a full-blown currency war flared Thursday as the dollar fell to an eight-month low against the euro and the U.S. stepped u...
Ellen Brown | Posted 05.25.2011
Why was Bear Stearns saved from bankruptcy but Lehman Brothers was not? How could the decision makers not realize the dire consequences of letting Lehman go down?
Michael Pento | Posted 05.25.2011
The world's reserve currency can't inflate its way to prosperity. The danger of causing a disorderly decline of the dollar is very high.
Jaime Pozuelo-Monfort | Posted 05.25.2011
A global currency would allow emerging economies to borrow in their own currency, avoid currency mismatches and the extreme poor can trade with each other without being exposed to currency risk.
Nathan Gardels | Posted 05.25.2011
I spoke with Joseph Stiglitz about the momentous power shift taking place as we sift through the debris of America's busted credit bubble.
Patt Morrison | Posted 05.25.2011
If the day comes that we do convert to a new global currency, here is how we bypass all the rancor and nationalism and factionalism: We embrace the Golden Galleons.
Eben Esterhuizen | Posted 05.25.2011
A global currency might be attractive to central banks looking for an alternative to the U.S. dollar, but it won't be an easy adjustment for the U.S., the country that will likely feel the most pain.
MJR Montoya | Posted 05.25.2011
It has been a year since we have been aware of the severe financial downturn that has crippled the global economy. Since then, banking systems, finan...
Sam Black | Posted 05.25.2011
Going after China "aggressively" on its exchange rate policy would not be wise. It won't help address the job losses which have made this a hot issue, and it will strain relations with a major world power.
Washington Post | Nell Henderson | Posted 05.25.2011
Oh, the amazing shrinking dollar. The U.S. currency tumbled last week to a record low after the Federal Reserve cut interest rates, continuing the do...
AP | Posted 05.25.2011
The euro soared to its highest level ever against the U.S. dollar on Thursday, trading above $1.40 for the first time since the currency was introduce...
Michael Pento | Posted 10.05.2011