Fiat currency is a type of money that is created by a government and is not backed by a physical commodity like silver or gold. In other words, it is backed by the perceived stability and ...

Currency in circulation, once the Fed's dominant liability, now comprises just 35% of assets due to the post-2008 ...

First, the existing model of the single world currency is unfair, with the country whose sovereign currency functions as the world currency able to obtain huge international seigniorage and ...

Bitcoin has value because it can function as a store of value and a ... The definition of value in a currency has changed over centuries from physical attributes to the velocity of its use in ...

Regional risk-sharing mechanisms such as the Chiang Mai Initiative, which includes some pooling of foreign exchange reserves among the participating countries, have taken on some of the proposed ...