Global trade in the slogans of politics and media means outsourcing at the moment, and currency disputes, but a global economy has implications many Americans have not experienced in any…

…terms hovers at its historical average; hence, the currency poses less of a risk to growth. The chart illustrates the contributions to non-annualized quarterly growth (not annualized, GDP grew near…

…The production of false currency, like the writing of false IOUs, erodes the faith that makes money work. 14. Counterfeiting money is not the only hazard. Story of all types…

…foreign currency reserves by the various Central Banks, leaving maybe as little as $7 trillion actually exposed to the market on any given day minus whatever is held by various…

…use taxes to encourage economic growth in numerous ways such as maintaining a stable currency, enacting and enforcing laws that protect both workers and employers (their life and property), and…

…system, and managing policy for an economy with a single currency and sovereign government issuers. But is it really so complicated? The chart above illustrates the peak (deemed 2008 Q1…

From the Lex column in today’s FT: Tim Geithner’s extraordinary denial that the US is deliberately weakening its currency is a reminder that the [Hong Kong Monetary Authority] should no…

…of the BCAL: Ireland, Spain, Portugal, Greece, and a couple of other Eurozone economies that are not labeled (Cyprus, Malta, and Slovak Republic). Finally, quadrants I and IV list economies…

…for this transaction as money if the balance is never paid in full. M2 is essentially currency, checking deposits, saving and small-denomination time deposits, and readily available retail money-market funds…

Robert Waldmann Republican candidate for Senator from Kentucky Rand Paul said “In 1923, when they destroyed the currency, they elected Hitler. “ He’s off by a decade. Hitler was elected…