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US Dollar

$1,000 Bill Sets New World Record At Auction

The Huffington Post | Ryan Grenoble | Posted 04.30.2013 | Business

Good day: cashing in on a $1,000 note. Great day: cashing in a $1,000 note for $2.5 million. That's how much a $1,000 United States Treasury note f...

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.

To Those Seized by Debt Fear: China Holds Just 10 Percent, Down From 2 Years Ago

Paul Abrams | Posted 12.19.2012 | Politics
Paul Abrams

How many times do we hear the forces of doom--primarily from the right wing that wants to end just about everything government does that can help the American people--that we cannot going on "borrowing from China"?

DƩjƠ Vu: When Money Dies

Janet Tavakoli | Posted 12.04.2012 | Business
Janet Tavakoli

What happens when a country's currency is in freefall? You need look no further than current turmoil in Iran to find out.

The Fed Is Pushing on a String

Jeffrey Rubin | Posted 11.20.2012 | Business
Jeffrey Rubin

No matter how hard the Fed pushes, the U.S. economy isn't going to respond to yet another round of quantitative easing. There is, however, at least one price that another round of quantitative easing is bound to send higher -- the cost of oil.

10 Cool Facts About Cash

The Huffington Post | Khadeeja Safdar | Posted 08.17.2012 | Home

Here in the United States, money talks. The well-traveled, green bank notes criss-cross the country, often carrying tales of previous owners as well a...

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.

Clear and Present Danger

Janet Tavakoli | Posted 12.31.2011 | Business
Janet Tavakoli

Foreign borrowings of the U.S. represent a clear and present danger to the dollar and to the financial system. Potential dumping of U.S. dollars would start a run on the currency and a financial panic that would tip our already precarious economy into a deep depression.

Krugman: U.S. Should Hold China Accountable For Undervaluing Currency

The New York Times | Paul Krugman | Posted 12.03.2011 | Business

The dire state of the world economy reflects destructive actions on the part of many players. Still, the fact that so many have behaved badly shouldn...

Connecting the Dots -- Deficit Reduction Is Now Only About Inflation, Not Insolvency

Warren Mosler | Posted 10.11.2011 | Business
Warren Mosler

There is no such thing as the US becoming the next Greece. There is no such thing as the US getting cut off from spending by the financial markets and forced to go begging to the IMF to get US dollars to spend.

U.S. Dollar Hits Record Low Against Swiss Franc

AP | Posted 10.08.2011 | Business

GENEVA -- The U.S. dollar has hit a record low against the Swiss franc of 0.7485 centimes to the dollar – a drop of almost 30 percent from a yea...

U.S. Dollar Falls Broadly On Signs Of Sharp Economic Slowdown

AP | Posted 09.28.2011 | Business

NEW YORK — The dollar fell broadly Friday on signs of a sharp slowdown in U.S. economic growth and the increasing possibility of a debt default ...

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 ...

Modern Monetary Theory: The Last Progressive Left Standing

Warren Mosler | Posted 08.13.2011 | Business
Warren Mosler

The headline progressives are in full retreat. They have found out the hard way that their bleeding heart pleadings -- 'yes, the financial markets might destroy us, but how can we cut this or that worthy cause' -- don't cut it.

Fed Prepares For Life After Quantitative Easing

Posted 08.10.2011 | Business

NEW YORK- (Burton Frierson, Richard Leong and Chris Reese) - The flood of Federal Reserve money that has supported Wall Street and the rest of the...

Weaker Dollar Sends Oil Prices Up

AP | By ALEX KENNEDY | Posted 07.09.2011 | Business

SINGAPORE -- Oil prices rose to near $100 a barrel Monday in Asia, bouncing back from last week's plunge, as a weaker U.S. dollar made commodities les...

Fears Of Downward Spiral Renewed By Declining U.S. Dollar

Posted 07.04.2011 | Business

(Mike Dolan) - Years of angst about a self-feeding downward spiral of the U.S. dollar and Treasury bond prices were swept aside when the credit cr...

Top Chinese Economist Blasts U.S. Dollar's World Dominance

Posted 05.30.2011 | Business

BEIJING (Reuters) - Dollar dominance is sowing the seeds of financial turmoil, and the solution is to promote new reserve currencies, a Chinese gove...

Currency Revaluation Won't Fix America's Trade Mess

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

It is sometimes suggested that our trade problems (job losses, international indebtedness) will go away on their own once currency values adjust. Bott...

Taps for the Dollar

Michael Pento | Posted 05.25.2011 | Business
Michael Pento

It now appears that the United States has finally succeeded in its efforts to destroy confidence in the U.S. dollar. Certainly this was no easy task.

Top Chinese Exec: We Have Little Choice But To Buy The U.S. Dollar

Posted 05.25.2011 | Business

BEIJING: China should not worry about being too heavily invested in the dollar and U.S. government debt, because its dependence is not unique in a wor...

The Chinese Yuan vs. the Power of the Dollar

Daniel Wagner | Posted 05.25.2011 | Business
Daniel Wagner

In the absence of any realistic alternative to replace the supremacy of the dollar, it is likely to remain the dominant global currency for many years to come. No other currency is more widely accepted or used.

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.

End of the Line for Redistribution and Monetary Policy?

Max Fraad Wolff | Posted 05.25.2011 | Business
Max Fraad Wolff

Over the last few decades, several trends have shaped economic flows and returns. In the developed world, we have seen a historically rare and nearly ...

Rhodes Beckons Sun/Sea Lovers, History Buffs, Nature Fans

Magda Abu-Fadil | Posted 05.25.2011 | Travel
Magda Abu-Fadil

*SEE PHOTOS BELOW* It's hard not to enjoy a trip to Rhodes with its plentiful sun, historical sites, diverse cultural offerings, natural beauty, fun ...