Currency
-
How Much Does a Quarter Weigh
The quarter is a critical part of American currency. Despite its modest monetary value, this coin is a marvel of precise engineering and manufacturing. Each quarter element, including its weight, is standardized and monitored meticulously to ensure consistency and reliability. While it might seem trivial, the weight of a quarter is crucial, contributing to its
-
World Reserve Currency History Chart
A world reserve currency is a foreign currency held by central banks and other major financial institutions to settle international debt and facilitate global trade. Throughout history, various currencies have held this prestigious position, each reflecting the economic dominance of the issuing country at the time. Let’s explore the history of the world reserve currency,
-
Why the Trillion-Dollar Coin is Not a Viable Solution for U.S. Debt
- August 13, 2024
- Category: Currency, Government
The concept of a trillion-dollar coin has resurfaced as a potential fix for the U.S. government’s debt ceiling issue. The proposal involves minting a platinum coin with a $1 trillion face value, which the U.S. Treasury could use to pay off debts without raising the debt ceiling or borrowing from the Federal Reserve. While this
-
Types of Coin Damage and Mint Errors
With their historical significance and numismatic value, coins have captivated collectors and investors for centuries. Yet, not all coins are created equal. Some carry unique imperfections that can turn them into sought-after treasures. This comprehensive article delves into the intriguing world of coin damage and mint errors, exploring their types, value, and how to identify
-
Cryptocurrency Gold | Which Crypto Token is Based on Gold?
In digital assets, gold-backed cryptocurrencies have emerged as a unique fusion of the timeless value of gold and the revolutionary potential of blockchain technology. This article delves deep into the concept, functionality, and the leading gold-backed cryptocurrencies, helping investors make informed decisions. What is a Gold-Backed Cryptocurrency? Gold-backed cryptocurrencies are digital assets tied to the
-
Where is Your Money Safe?
- July 10, 2020
- Category: Currency
There can be no doubt that we are living in one of the most financially challenging and dangerous times in our nation’s history. So, forget making money, for just a minute. It used to be that when the stock market got turbulent and Treasury returns were low, there were two common places for people to
-
No Denying: The Dollar is Doomed!
- June 18, 2020
- Category: Currency
On CNBC’s “Trading Nation” yesterday, Stephen Roach, a Yale University senior fellow and former Morgan Stanley Asia chairman pointed out what should be common investor knowledge, like every fiat currency on the planet, the dollar is doomed, but in the short term, it’s in for a steep decline in value. Roach suggests it could be
-
Currency Manipulation Is A Misunderstood Term!
- April 17, 2018
- Category: Currency
Throughout most of the 20th Century, the United States enjoyed outstanding financial benefits by having the dollar serve as the global reserve currency of choice. The U.S. was an obvious choice, because it was blessed with a stable political climate, a robust and growing national economy capable of absorbing a great deal of unforeseen economic
- 1
- 2