Stablecoins: Crypto Kryptonite
Despite being called a currency, crypto lacks one of the most important characteristics that a currency (money) should have—a stable value.
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Silent Depression : Economic Growth and Prosperity Part Company
Do traditional indicators of economic prosperity mean average Americans are doing well? Probably not.
The Surplus Vanished
President Bush claims that war and recession wiped out the projected federal budget surplus, but his massive tax giveaway to the wealthy deserves the bulk of the blame.
Recession for the Holidays
The official news was late in coming; now, how much longer will the downturn drag on?
IMF Under Siege
When the Indonesian government under IMF order ended oil subsidies in May, the people rebelled. Already suffering an economic crisis
Dear Dr. Dollar:
What is going on with the “Asian Crisis” talked about so much these days? Even though Thailand and Malaysia seem to be hardest hit, how does it affect other Far-East markets? —Ross Tippit (via email)