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Against All Odds, Argentina Keeps Beating the Dollar

[Apr 22 12:30 PM] Argentina celebrated the continued decrease in the dollar-peso exchange rate, even predicting that it might fall below the flotation bands established by the central bank. This would trigger a purchase intervention from the bank to weaken the peso…

Balaji Srinivasan: Dollar Inflation Is Global Taxation

[Mar 26 8:30 PM] In a recent social media post, former Coinbase CTO Balaji Srinivasan argued that U.S. dollar inflation acts as a form of global taxation, highlighting the disparity in financial impacts between Americans and the global population. He noted that if…

Phantom Money: Counterfeit Dollar Bills Haunt Istanbul Bazaar

[Nov 29, 2024 3:30 AM] Fears of counterfeit $50 and $100 bills have disrupted foreign-exchange trade at Istanbul’s Grand Bazaar, with some bureaus halting the purchase of these bills due to issues with identifying fake notes. There are conflicting views on the extent of…