…is, is that money in the form of currency is disappearing. What was thought of as money is becoming an account. Any facilitation previously afforded by currency is now afforded…

…your hands on lots of dollars, to replace existing pesos with.  The economy needs currency to function, and even rapidly depreciating pesos are better than barter.  Here is Tyler Cowen:…

…faced by economies relying on foreign currency borrowing. To add to that, the U.S. dollar is the global reserve currency, and the U.S. Treasury market is the deepest and most…

…of debt distress faced by economies relying on foreign currency borrowing. To add to that, the U.S. dollar is the global reserve currency, and the U.S. Treasury market is the…

…general understanding and to give a sense of where there is room for rational disagreement. I was going to talk about the role of the dollar as a reserve currency,…

…is funding criminal activities. Stablecoins are a form of cryptocurrency linked to a government currency (the dollar, the rouble, etc). Of course, tethering the value of stablecoin to a bona…

…women was a game of ego and dominance. Female bodies were currency.” “Female bodies were currency.” Let that one sink in. Further down in the story, the phrase appears again,…

A major bulwark protecting the US economy has been that the dollar is the world’s reserve currency. Now, Trump’s “excursion” (don’t say “war”) is looking to change that. “A senior…

…not the only tool available to policy makers: China could allow their currency (CNY) to appreciate. With support from the fiscal sector, a broad CNY appreciation would improve prospects for…

Posted on behalf of the author, RC Weakley: At this point hysteresis is all that is holding the US dollar as the global reserve currency. That has been the case…