News

Populace loves gold-standard-like money, experts dismiss such money, and that is the situation we have. It is a very nice ...
As the United States grapples with mounting fiscal pressures and an increasingly precarious debt trajectory, President Donald Trump’s systematic assault on Federal Reserve independence represents a ...
Gold bars, 400 troy ounces or 28 lbs each, are displayed at the Bureau of Engraving and Printing (BEP) in Washington, DC. (Photo by PAUL J. RICHARDS/AFP via Getty Images) It’s hard to believe, but the ...
In “The Federal Reserve Has an $8 Trillion Secret” (Political Economics, Dec. 8), Joseph Sternberg provides a welcome suggestion that the Fed communicate its balance-sheet intentions. He notes that ...
The Federal Reserve might need to suspend the process of shrinking its balance sheet if liquidity drains too quickly from ...
THE European money crisis only dramatized what many experts have long regarded as an unassailable dictum: the free world’s monetary system is overdue for an overhaul. That system—the internationally ...
The past week has seen the Trump Administration upending US support for two critical facets of the post-war international order: the rules-based arrangements for international trade and the Western ...
This article explores the effects of the political reactions to the 2007–2009 financial crisis on the monetary system. It chimes in with the view that shadow banks create 'shadow money', i.e. private ...
A global group of central banks is exploring how tokenization can be used to improve existing financial systems with a new project, the Bank for International Settlements (BIS) announced Wednesday.
What is money, really? And why do some forms of money hold value better than others? The Hierarchy of Money is a simple way ...
The BRICS grouping will create a payment system based on blockchain. The effort is part of a specific task for this year to increase the role of BRICS in the international monetary system. The ...