…so that investors can purchase this asset in even the harshest of times. The United States runs the most liquid bond and currency market in the world; it can satisfy…

…The United States has three broad policy options to leverage change. First, the United States could bring a complaint in the World Trade Organization. China’s currency policy policies create a…

…on rice for survival) is the ‘value’ of rice as a commodity appears to have risen to the level of ‘currency’, much as oil has done. Governments are by-passing currency…

James Rickards wrote the book Currency Wars a few years back. (source video) He is supported by the Charles Koch Institute. He says the US wanted China to appreciate their…

…with a story yesterday from Spiegel Online International that pointed to Germany’s very large trade surplus, which is higher than China’s. “The Treasury’s semiannual currency report criticized Germany’s over-reliance on…

…But this is a really big deal. The dominant narrative about the eurozone crisis is that fiscally irresponsible countries like Greece were bringing the once-proud currency to its knees, and…

…response to an inevitable digression: I’m assuming a closed national or world economy for simplicity. The “rest of world” sector, and the exchange rate with Martian currency, are not considered.)…

…reminbi as a global currency in a IMF working paper, “Reserve Currency Blocs: A Changing International Monetary System.” They claim that the international monetary system has transitioned for a bi-polar…

…and Carlos van Hombeeck of the Bank of England in the BOE’s Quarterly Bulletin documents the different international roles of the dollar. First, it continues to be the main currency…

…the chief international currency. Possible alternatives such as the euro or renminbi lack the broad financial markets that the U.S. possesses, and in the case of China the financial openness…