Explore how deficit spending units operate, their effects on economies, and why they matter for households, businesses, and ...
Since the adoption of the euro in Bulgaria, a seemingly small linguistic detail has sparked notable public debate: why Bulgarian euro coins are marked with “stotinki” rather than “cents”. Bulgaria is ...
The BRICS proposed monetary Unit faces growing obstacles that put its launch at risk. Tensions between member states, unresolved technical infrastructure, and doubts about legitimacy have surfaced ...
Bitcoin earns a buy rating as macro headwinds fade and institutional adoption strengthens structural price floors. BTC's price is now more driven by global liquidity, policy shifts in the U.S. and ...
The last Lincoln penny was recently struck at the U.S. Mint in Philadelphia. Its removal from circulation marks just one of many changes that American currency has undergone since 1792, when the ...
LONDON, Oct 30 (Reuters Breakingviews) - Debasement – the deliberate devaluation of the currency unit in terms of real goods and services to render debts less onerous – is as old as money itself.
The T3 Financial Crime Unit, a joint initiative by Tron, Tether, and blockchain analytics firm TRM Labs, has now frozen over $250 million worth of criminal assets less than a year after its launch.
Having worked on emerging markets for many years, first at the IMF and then on Wall Street, I can recognize an economy on the road to a crisis. It pains me to say that the United States appears to be ...
The US Treasury has begun phasing out the penny, it said in a statement to the Wall Street Journal late last week. The department made its final order of penny blanks earlier this month, and the U.S.
In 2013, I wrote a Forbes column that became one of my most-read and most-cited, “Don’t You Dare Eliminate the Penny.” In it I considered the views of elite opinionators who wanted the United States ...
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