From a just-published article in Foreign Affairs:
The story of the dollar is, ultimately, less about the United States’ strength than about the rest of the world’s weaknesses. Until that disparity changes, and seemingly no matter how badly the United States plays its cards, don’t expect the dollar to decline.
A summary graph:
Eswar Prasad also wrote “The Dollar Trap”, as well as 2022 Finance & Development article. Also, re: digital currencies etc., see “The Future of Money”.
Just as on Chromebooks, Googlebooks give you two main options for apps: web-based tools or…
A look at how safe your money really is when even the world’s largest cryptocurrency…
Nasdaq, SP500, Bloomberg Magnificent 7 index, over the last week. Bloomberg on the turmoil. Source…
Coinbase had a mixed third quarter. Revenue came in at $1.20 billion, below the $1.233…
Polling is looking grim for Republicans ahead of the U.S. midterm elections on Nov. 3,…
The U.S. scrapped plans for a photo of top diplomats of the Group of 20…
