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USD Is Still King of All Currencies Despite Fears of It Losing Global Dominance

‘In the end, the USD’s centrality to the system of global payments also increases the power of sanctions it imposes on other countries or individuals. In truth, since almost all trade is done in American dollars, even trade among other…
A one hundred forint banknote from 1946.

Happy Birthday, Forint!

The Hungarian currency, the forint celebrates its 77th birthday on 1 August. But in reality, the forint’s history can be traced back to as long ago as the 1320s….

Financial Flows, Supply Chain Politics, and Europe’s Stagflation

There is a slowdown in global growth. The economies of a once highly globalized world are drifting apart. The EMU economy is being hit particularly hard. The recession is coming and, according to projections, the EMU will soon enter stagflation,…

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