Banking

Over the past few years, there have been many rumors about a coming global currency, but at times it has been difficult to pin down evidence that plans for such a currency are actually in the works but not anymore. A shocking new report by the IMF is proposing just that - a global currency beyond national control! Words: 820

Hyperinflation is not an unusual phenomenon. 33 countries have experienced hyperinflation over the last 100 years of which no less than 22 have experienced it in the past 25 years and 4 in the past 10 years. The United States is one of the few countries to have experienced two currency collapses during its history (1812-1814 and 1861-1865). Could it happen again?

There is a difference between inflation and hyperinflation and there is no gradual path from one to the other. To wind up with true hyperinflation, some very bad things have to happen. The government has to completely lose control the populace has to completely lose faith in the system or both at the same time. Are we there yet? Let's take a look.

I am on assignment at the World Economic Forum in Davos, Switzerland. Unfortunately my previous commentaries irked the organizers so profoundly that I was not allowed the intimate access usually accorded friendly members of the media. No matter, I am staying at a pleasant bed and breakfast about an hour and half outside of Davos....[But I digress. Back to the Forum.] Words: 2369

Central banks around the world are getting involved in digital currencies, but some are further ahead than others. In this infographic, we visualize the state of each central banks’ digital currency effort.

NFT stands for “non-fungible token” and hundreds of millions of NFTs are bought and sold each week. Last March, for example, an NFT of a picture on the internet so for $69M on the internet so just what is an non-fungible token?

If you're looking to buy and sell quickly, a cryptocurrency ATM may be a better solution. Here is a quick guide on how to make the most of your crypto transaction with a Bitcoin ATM. Read on!

The economy and stock market have been built on massive stimulus and liquidity from a rapidly expanding money supply. With M2 growth decelerating last month, the stock market looked in trouble. Now that it has become a contraction, the effect could be very profound.

...It was announced on Friday that the Moscow Exchange would be resuming trading at least to some degree as of the market open on Monday, after having been shuttered on February 25 following the invasion of Ukraine.

 According to calculations by the Kiel Institute, sanctions against the following sectors would most adversely affect Russia's GDP: