Why inherent problems with cryptocurrency liquidity are already leading to consideration of other methods for validating blockchain updates. They are likely to prove unsatisfactory and therefore call for verification by a trusted institution….defeating the rationale for cryptocurrencies.
Read more...Why volatility of cryptocurrencies is a feature, not a bug.
Read more...Cryptocurrency is more vulnerable to theft and loss than most of its fans want to believe.
Read more...Trump’s neocon extremists are burning the US dollar house down.
Read more...Why China is fragile and starting to look wobbly.
Read more...Yet another reason to be leery of Bitcoin and other cryptocurrencies.
Read more...Expect Brexit craziness to get even worse.
Read more...Politicizing the SWIFT payments system is leading other nations to the search for alternatives to the dollar.
Read more...Some emerging-market economies look wobbly. How likely are we to see more crises?
Read more...Clearing up fundamental misconceptions about US Treasury bond issuance.
Read more...If private cryptocurrencies were to find widespread economic use, either coexisting with or fully displacing fiat money, the result would be increased financial instability, inequality, and social instability.
Read more...Contrary to popular perception, Brussels and the Italian government come out ahead from sparring over Italy’s budget, and what works for them does not work for much of anyone else.
Read more...European leaders have regularly expressed a desire for a European currency to serve as a reserve currency. The history of the transition from sterling to dollar and Europe’s aspirations sheds light on whether the Euro can assume this role.
Read more...The dollar still rules. What could make that change?
Read more...The very rational case for Russia and the EU to trade oil in euros.
Read more...