13 January 2010
In Currencies
Michael F. Cannon
Michael F. Cannon is the Cato Institute’s director of health policy studies. Previously, he served as a domestic policy analyst for the US Senate Republican Policy Committee under Chairman Larry E. Craig, where he advised the Senate leadership on health, education, labor, welfare, and the Second Amendment. He is the coauthor of Healthy Competition: What’s Holding Back Health Care and How to Free It.
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Zhou Xiaochuan, China's central bank governor, calls for a new world currency, in a March 2009 speech.
09 Mar 2010 · 09:40:34 AM GMT
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
In response to The almighty dollar in 2025
08 Mar 2010 · 11:37:21 AM GMT
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