The shutdown is over; the U.S. dollar remains the world’s reserve currency. But for how much longer? At what point will foreign creditors and the markets at large begin rethinking their asset allocation, and moving slowly away …
Currency
Money Talking: Crisis Could Weaken the Almighty Dollar
The U.S. dollar is the world’s reserve currency of choice. It’s the currency that most of the planet’s business is conducted in, and it’s what most nations hold in their central banks, in addition to national currencies, …
Foroohar: The Debt Ceiling Crisis Is Threatening Your Quality of Life
The budget and debt ceiling fights in Washington often seem to take place in a hermetically sealed bubble. Or maybe on some faraway planet “Beltway,” where there’s definitely less oxygen in the atmosphere. But it’s important …
The Rupee Is No Longer Asia’s Worst Currency
That dubious distinction now belongs to the rupiah
Despite Frail Rebound, Rupee Outlook Remains Bleak
Jane Austen to Grace British 10-pound Notes. Our Nominees for U.S. Currency Are…
It’s been in the air for a few weeks now, but yesterday the Bank of England confirmed it: Beginning in 2017 it will issue 10-pound notes featuring the image of Jane Austen.
This is—as almost everybody agrees—a really …
Viewpoint: Ben Bernanke, Enabler of America’s Fiscal Dysfunction
By trying to compensate for poor fiscal policies, the Fed is making it easier for the President and Congress to evade their responsibilities.
Europeans Are Thinking the Unthinkable: That Debt Defaults Might Make Sense
Instead of struggling to keep the euro zone together, default may be less painful in the long run for the people of overindebted countries
The Real Significance of the Bitcoin Boom (and Bust)
Online currencies like the Bitcoin are one day likely to alter government policy, just as the bond market did in the 1990s
Can the U.S. Dollar Become Almighty Once Again?
A stronger dollar could be a bellwether of an improving economy and a brighter outlook for U.S. stocks.
If There’s No Inflation, Why Are Prices Up So Much?
Many of the costs faced by typical American households are rising faster than the official inflation statistics indicate.
Is the World on the Brink of a Currency War?
Economic policies that look like the start of a trade war are really aimed at addressing domestic economic problems.