No, the dollar isn’t about to become worthless.
Tag: Currency
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Has Bitcoin Benefited From the Banking Crisis? Not in the Way Its Fans Hoped.
Bitcoin’s price has soared since banks failed this month, but there’s little evidence that the surge is being driven by investors treating the virtual currency as a financial alternative.
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Rules to Curb Illicit Dollar Flows Create Unintended Hardships for Some Iraqis
The regulations were meant to prevent dollar transfers to corrupt actors. But they have ended up harming ordinary Iraqis who need U.S. currency for legitimate purposes.
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Turkey’s Reeling Economy Is an Added Challenge for Erdogan
The earthquake’s staggering reconstruction bill will join other economic woes as the country’s autocratic leader faces re-election.
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Can A Trillion Dollar Coin Resolve the Debt Ceiling Crisis?
The latest standoff over raising the nation’s debt ceiling is giving new life to an old theory about how to avoid a default.