Currency Archives - Page 2 of 7 - Rethinking the Dollar

IMF Silently Creates New Money Layer — Why You Need To Leave The Banks

Apr 1, 2021 | Economic Collapse

The International Monetary Fund’s special drawing rights (SDR) – the international reserve asset created in 1969 to prepare for a new dollar crisis – is undergoing a renaissance with important worldwide repercussions, says Willem Middelkoop, author of The Big Reset....

The Continued Evolution of Currency – Will CBDCs usher in a new era in 2021?

Nov 16, 2020 | Economic Collapse

The benefits of central bank digital currencies (CBDCs) include revolutionizing payments and providing faster payment efficiency, as well as improving financial inclusion. CBDCs could also help in money transmission and provide more effective monetary policy. At the...

What the Trade Balance Means for a Currency’s Purchasing Power

Sep 15, 2020 | Economic Collapse

In July this year the US trade balance stood at a deficit of $63.6 billion against a deficit of $51 billion in July last year. Some commentators regard a widening in the trade deficit as an ominous sign for the exchange rate of the US dollar against major currencies...

The Destructive Force Of Bank Credit

Apr 19, 2020 | Economic Collapse

Commentators routinely confuse the deflationary effects of a contraction of bank credit with the inflationary effects of central bank policies designed to offset it. Central banks always ensure their stimulus is greater, so inflation, not deflation, is always the...

Gold sharply up as U.S. stocks plummet in high volatility

Mar 5, 2020 | Gold

Gold prices are sharply higher in midday U.S. futures trading Thursday, on keen safe-haven demand as the U.S. stock market is sharply down on the day. The coronavirus outbreak continues to roil the global marketplace. April gold futures were last up $24.30 an ounce at...