Venezuela’s New Cryptocurrency Is not Really “Backed by Oil”
If a currency can't be converted on demand into the underlying commodity, it's not "backed" by that commodity.
If a currency can't be converted on demand into the underlying commodity, it's not "backed" by that commodity.
What America is facing are the illogical trade policies of an economically illiterate president in the White House.
International exchange and economic freedom are mutually reinforcing, while protectionism is a form of political control.
Here are two ways to gauge the strength of the world economy.
Many Swiss bankers contend that modern ideas of "efficiency" in banking do not necessarily fit well with ideas of prudence.