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 . '/' . substr('9780062003218',-6,3) . '/' . '9780062003218' . '.jpg'; ?>)
By Baratunde Thurston
$24.99
$7.00
$35
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Shutterstock photo of EU flags.
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By William Pfaff — The “More Europe” remedy favored by German Chancellor Angela Merkel seems plausible enough as a slogan, but so did the single currency.
Posted on Apr 30, 2013
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Shutterstock photo of the euro.
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By William Pfaff — A new “Alternative for Germany” political movement has erupted as a backlash against the euro, and against Germany’s fellow members of the EU.
Posted on Apr 17, 2013
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It’s a virtual currency that travels beyond the reach of banks and centralized regulatory institutions and allows you to transfer money to anyone with an Internet connection, anywhere at any time.
Posted on Mar 23, 2013
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Paresh Nath, Cagle Cartoons, The Khaleej Times, UAE —
Posted on Feb 17, 2013
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Kap, Cagle Cartoons, Spain —
Posted on Jan 27, 2013
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Gwydion M. Williams (CC BY 2.0)
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Residents of the Greek city Volos—some of whom have lost up to 40 percent of their disposable income—have taken to bartering or using alternative currency to survive the worst economic crisis in modern times.
Posted on Jan 3, 2013
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Patrick Chappatte, Cagle Cartoons, NZZ am Sonntag —
Posted on Jun 11, 2012
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Gamma Man (CC-BY)
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By Ellen Brown, Truthout —
Conventional wisdom holds that government bureaucrats are bad businesspeople. But around the world, the many countries with strong public banking sectors generally have strong, stable economies.
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AP / Daniel Roland
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European Union financial officials meeting in Brussels have agreed on the setting up of a permanent bailout fund, even as Portugal reportedly teeters on the precipice of financial collapse.
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Flickr / J. Stephen Conn (CC-BY)
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You know Fox News is all over this story: The Utah House of Representatives is fixin’ to vote on a measure that would make gold and silver coins a viable alternative to the boring—and inflation-prone—forms of currency currently in national circulation.
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AP / Daniel Roland
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Like a well-financed and politically powerful parent, the European Union has agreed to implement tougher rules for euro zone countries that overspend and over-borrow to “deter bad budgetary behavior” that could lead the currency into yet another crisis.
Posted on Oct 29, 2010
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Flickr / Vinoth Chandar (CC-BY)
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Although the measure has almost no chance of passing the Senate, the House voted 348-79 to give President Obama the power to put tariffs on all Chinese imports. The legislative hissy fit is clearly intended to sate economically vulnerable voters who view China as a jobs threat.
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AP / Daniel Roland
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In a fascinating tale of international financial intrigue, the Wall Street Journal reveals how a secret task force of European leaders—dubbed “the group that doesn’t exist”—was formed in 2008 to prevent the collapse of the eurozone, which could have triggered another global economic tsunami.
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Wikimedia Commons
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A new kind of specter is haunting Europe: debt. Hungary’s new prime minister is reported to have said that there is only a slim chance that his country will evade a Greek-style debt crisis, a comment that sent domestic markets into a tizzy and saw the Hungarian currency drop more than 2 percent.
Posted on Jun 4, 2010
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Flickr / U-g-g-B-o-y-(-Photograph-World-Sense-)
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The answer to the headline question, at least on Monday, would be $1.2234, as the euro dropped to its lowest point in four years. As this CNN report puts it in somewhat startling terms, ” ... Ongoing debt concerns prompted a flight to the safety of the U.S. dollar.”
Posted on May 17, 2010
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Flickr / Andres Rueda (CC-BY-ND)
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The once-mighty euro, a currency that humbled American tourists in its day, has sunk to a 13-month low against the dollar. Greece’s impending bailout apparently isn’t settling nerves in the eurozone, which includes other major economies that look a little wobbly as of late.
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Flickr.com / PMorgan
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Even in the face of the global economic crisis, China’s economy still managed to grow by a surprising 8.7 percent last year, according to the bean-counters in Beijing, putting the country on track to overtake Japan as the world’s second-biggest economy.
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Flickr / Ryanpyle.com
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China is heading into the Year of the Tiger with a roar. Last week it was announced that China has surpassed the U.S. as the world’s biggest auto market, and this week Chinese state media is reporting that the country’s exports leaped 17.7 percent in December, overtaking Germany as the global leader.
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By William Pfaff — Economist Joseph Stiglitz says the International Monetary Fund should create a new reserve currency, rather like declaring that a massive gold mine has been discovered under the IMF building.
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AP photo / Lisa Poole
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The once-mighty U.S. dollar is full of hot air, or at least the rate of inflation is at a 26-year high due to the recent economic toils and astronomical energy prices. Prices U.S. consumers pay shot up 1.1 percent in June—or more directly, your paycheck just got 1.1 percent smaller.
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You may not have given the penny much thought, but it turns out that the least of our currency is essentially worthless and wastes Americans a surprising amount of money and time. Anti-penny advocate Jeff Gore would like to do away with the coin altogether—and he has a plan.
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zdnet.com
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With the dollar getting weaker all the time, the ailing housing market is getting a little relief from an unexpected source: foreigners. Brits in particular have been tempted by bargain homes in glamorous locales such as Manhattan, where one-third of all new condominiums are selling to foreign buyers.
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Ron Paul may not be ahead in the polls, but he’s probably the only presidential candidate who already has his face on a coin. The feds have seized a cache of gold, silver and copper “liberty dollars” bearing Paul’s visage. Other than a mutual distaste for the Federal Reserve, the Republican candidate has no relationship with the makers of the coins.
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news.bbc.co.uk
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The dollar has simply fallen too low for India, which will no longer accept the greenback at its many tourist sites, including the Taj Mahal. Tourism ministry officials said they had to move quickly in order to protect Indian revenues from the dollar’s free fall. Remember when the dollar was like gold in the developing world?
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Tab, The Calgary Sun —
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loringdesign.com
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Now that U.S. pennies are more of a nuisance than a useful form of currency, given their ever-so-rapidly evaporating value (no offense, Honest Abe), and now that it costs the government nearly two cents to make each penny, why don’t we just toss them altogether? (Hint: It has to do with lobbyists.)
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bbc.co.uk
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Regional currencies like the Urstromtaler have been springing up around Germany. Advocates hope that the alternate currencies will help to stimulate sagging local economies, support small businesses and encourage a sense of community.
Posted on Feb 6, 2007
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Terracide and the Terrarists: Destroying the Planet for Record Profits
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