Financial

Is The Credibility Bubble Bursting?

April 21, 2015 0

by John Rubino In a fiat currency system, perception is, by definition, everything. Paper money has no intrinsic value. So the people saving it and accepting it in exchange aren’t expressing faith in the money […]

World Affairs

Incorporate the yuan into the Special Drawing Rights

April 14, 2015 0

by Ariel Noyola Rodríguez China is ready to counterbalance the dominance of the dollar in the International Monetary System through the yuan. In 2009, Zhou Xiaochuan, the governor of the People’s Bank of China, called […]

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