Us Dollar

A Brief History of the Dollar

Nathan Lewis | Posted 11.06.2009 | Business


Nathan Lewis

Some people are saying that the dollar's days are numbered. Maybe so. Let's look at the dollar's long history, and see how we got to where we are today.

Please Mr. Geithner, Don't Pass the Buck on the Dollar

Michael Pento | Posted 10.26.2009 | Business


Michael Pento

It looks like the plan the U.S. wants to pursue is to continue to discourage foreign investment, punch our bankers (the Chinese) in the nose, and punish those who are savers by crumbling our currency.

End of the Dollar Dictatorship? Hugo Chavez and Latin Leaders Hope to Bury the Greenback

Nikolas Kozloff | Posted 10.23.2009 | World


Nikolas Kozloff

The Sucre will act as a payment compensation mechanism and allow ALBA nations in Latin America to reconcile accounts when they carry out commercial transactions in local currency.

Gas Prices Steadily Rise, Robbing Consumers Of One Of The Few Points Of Relief

AP | DIRK LAMMERS | Posted 10.20.2009 | Business


Despite persistently low demand, prices for gasoline have spiked over the past week along with crude oil, threatening one of the very few points of re...

Superfusion: How China and America Became One Economy and Why the World's Prosperity Depends on It

Zachary Karabell | Posted 10.16.2009 | World


Zachary Karabell

Nothing will shape domestic life and prosperity in the United States more than the emergence of China as a global economic superpower.

Bidding the Dollar Adieu

Eric C. Anderson | Posted 10.07.2009 | Business


Eric C. Anderson

Uur former benefactors would now like to diversify their foreign exchange reserves in a manner that reduces losses before the dollar is only useful when hauled to the grocery store in wheelbarrows.

The IMF Catapults From Shunned Agency to Global Central Bank

Ellen Brown | Posted 10.01.2009 | Business


Ellen Brown

The U.S. can settle its debts and get its own house in order, but that would cause world trade to contract. A substitute global reserve currency is needed to fuel the global economy while the U.S. solves its debt problems.

Big Deficit, Bob Rubin, and the Strong Dollar

Dean Baker | Posted 11.08.2009 | Business


Dean Baker

Does Robert Rubin know that his strong dollar policy directly contradicts his fixation with low budget deficits? Either he is ignorant of the fundamentals of economics or he is dishonest.

China and the United States -- a Marriage of Convenience

Zachary Karabell | Posted 08.28.2009 | World


Zachary Karabell

For a 21st century relationship, this looks increasingly like a 19th century marriage, one of convenience and necessity rather than love and affection.

BRIC Summit Sees End of Dominance of U.S. Dollar

Sheldon Filger | Posted 07.18.2009 | Business


Sheldon Filger

The BRIC has just held its first summit, and has emerged with a pointed gun aimed at the U.S. dollar.

The Plummeting Dollar Prosperity Plan

Michael Pento | Posted 07.07.2009 | Business


Michael Pento

As long as we continue to substitute spurious growth models for genuine growth policies we will continue to lose global power and influence.

Roubini: China's Renminbi Will Likely Overtake US Dollar As World Currency

New York Times | NOURIEL ROUBINI | Posted 06.14.2009 | Business


THE 19th century was dominated by the British Empire, the 20th century by the United States. We may now be entering the Asian century, dominated by a ...

Dollar Doomed, Gold Glitters

Diane Francis | Posted 06.06.2009 | Business


Diane Francis

In a G2 world (the US and China), he who is the piper calls the tune and China holds a US$2-trillion mortgage on the U.S. and is not happy.

Will Obama Trash the Dollar and Support a Global Currency?

Eben Esterhuizen | Posted 05.08.2009 | Business


Eben Esterhuizen

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.

Europeans See Euro As Overtaking Dollar: FT Poll

Financial Times | Ralph Atkins | Posted 01.29.2009 | Business


The euro could overtake the dollar in global importance in the next five years, a large majority of continental Europeans believe, according to a poll...

Recession Trend Tracker: What's Hot, What's Not

Jill Keto | Posted 01.21.2009 | Style


Jill Keto

Check back weekly for my "In and Out" chart following the most fabulous, ridiculous, and relevant events in the economy. ...

American Voters Abroad: No Double Taxation Without Real Representation

Gail McGowan Mellor | Posted 12.04.2008 | Home


Gail McGowan Mellor

Expats have a high chance of not getting to fully participate in this election. One million absentee ballots were requested in the 2006 midterm election but only a third of those votes were counted.

Spend Your Way Out of Debt America: The government's solution to Wall Street's crisis is--surprise, surprise-- borrowing more money.

David Sax | Posted 10.20.2008 | Business


David Sax

For all the talk about the fundamentals of the American worker or $1000 tax rebates for middle class families, the candidates should really square up and talk about weaning America off the debt teat.

Rising Prices Stoke Inflation Fear

Washington Post | Neil Irwin | Posted 06.11.2008 | Business


Prices have been soaring long enough and fast enough, economists say, that the nation is at risk of a self-reinforcing cycle of inflation like that ex...

U.S. Economy Huge Winner in Future

Diane Francis | Posted 06.07.2008 | Business


Diane Francis

As financials struggle, the Fed's interest rate cuts have weakened the dollar even more, which greatly benefits exporters and multinationals. For most, the credit meltdown is only starting.

Perception Surges & Reality Retreats

Max Fraad Wolff | Posted 06.06.2008 | Politics


Max Fraad Wolff

There is an unusual disconnect between general opinion, policy and reality.

Oil Hits Another High, Dollar Hits Another Low

AP | JOHN WILEN | Posted 04.25.2008 | Business


NEW YORK — Retail gas prices pushed past a record high $3.40 a gallon Thursday, fulfilling expectations that they'll keep climbing toward $4 as ...

Wall Street's Next Big Bailout?

Eben Esterhuizen | Posted 03.28.2008 | Business


Eben Esterhuizen

Perhaps Wall Street's ultimate bailout will come when central banks coordinate efforts to save the U.S. dollar.

Dollar Rebound in 2008: A Fairy Tale?

Eben Esterhuizen | Posted 03.28.2008 | Business


Eben Esterhuizen

Are traditional assumptions about the connection between growth and proactive interest rate cuts still valid if monetary policy fails?

Dollar Slides to Record Lows Again

AP | MATT MOORE | Posted 03.28.2008 | Business


FRANKFURT, Germany — The dollar's plunge continued unabated Thursday, striking record lows after the European Central Bank kept its benchmark ra...