Compare barter and currency systems. Discover why currency dominates modern trade and explore the evolution of digital ...

Discover how currency unions impact global economies, their historical development, and the critiques they face. Learn about ...

Forbes contributors publish independent expert analyses and insights. A few years ago I wrote a piece, for Public Discourse, called “Montesquieu and the Monetary System.” It discussed our having fiat ...

Pennies are worth more dead than alive. That’s been true for a long time. Constant inflation, even at the low levels of the ...

After decades of increasing global economic integration, the world is facing a growing risk of geoeconomic fragmentation, with potentially far-reaching implications for the global economy and the ...

Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. Despite external ...

The head of China’s central bank has sworn to expand the international use of the digital yuan. He also called for the development of a multi-polar global currency system, in which more than one ...

The modern monetary system, built on fiat money, has weak foundations similar to the Leaning Tower of Pisa, risking economic instability and collapse. Historical debasement practices, like those of ...