13 January 2010
In Currencies
By Eric Schmidt
26 February 2009
There is a lot of evidence that groups make better decisions than individuals, especially when they are selected from among the smartest and most interesting people.
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Today USD is the main acceptable currency for trading worldwide. 2008 recession has shattered US economy and today US has exceptionally high fiscal deficit, value and peoples faith on US $ has declined. Lot of countries has demanded to have some othe...—Deepak Agrawal
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What about returning to the gold standard, since that is the only thing that has kept us from going into debt? I think it’s a good idea, if you ask me. It’s time to actually start thinking, because you guys haven’t been thinking, fo...—Giovanni
In response to Costs and benefits of issuing a reserve currency
07 Mar 2010 · 05:26:18 AM GMT
@Nicolas: You make a fair argument stating that the SDR is not to replace the U.S. dollar as a vehicle currency. Instead it should remain in the realm of official institutions (read Central Banks, IMF, etc. But, I doubt that the Central Banks ar...—Walter
In response to The dollar on the brink
06 Mar 2010 · 02:18:04 PM GMT
Why would people move to the cities when they have everything they need in the suburbs?—oscar