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 ...

THE European money crisis only dramatized what many experts have long regarded as an unassailable dictum: the free world’s monetary system is overdue for an overhaul. That system—the internationally ...

A central bank digital currency would be a liability of the Federal Reserve, not a commercial bank, the Federal Reserve said. Although central bank digital currency is being studied, there have been ...

A central bank digital currency system is not launching in July. The Federal Reserve System is studying the benefits and drawbacks of such a system but has not proposed implementing it. It would ...

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 ...

This is an opinion editorial by Taimur Ahmad, a graduate student at Stanford University, focusing on energy, environmental policy and international politics. Author’s note: This is the first part of a ...