paper money

Picture the scene. It’s 2020. You’re at the checkout in a convenience store with a carton of milk. But you’ve got no cash and …

As the world gets more digital, people forget about the benefits of transacting in cash. And government officials know that.

Now, this is sheer entertainment. The Chicago branch of the Federal Reserve has addressed the great monetary question of our day. A researcher has …

While the world has evolved over the centuries, human emotions have remained the same — happiness, sadness, jealousy, greed, fear. The ruling class and …

Stocks settled down recently. The Dow dropped 40 points. Either the market had already priced in “QE forever”… or investors are starting to wonder. …

During the last debate, Mitt Romney emphatically stated he would blast China for manipulating its currency the first day he takes office. Talk about …

The Fed’s latest inflationary scheme sounds like a technocratic innovation. It lowered the costs of currency swaps between central banks of the world, with …