Forbes contributors publish independent expert analyses and insights. A few years ago I wrote a piece, for Public Discourse, called “Montesquieu and the Monetary System.” It discussed our having fiat ...

THE European money crisis only dramatized what many experts have long regarded as an unassailable dictum: the free world’s monetary system is overdue for an overhaul. That system—the internationally ...

Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. Despite external ...

An almost-forgotten 19th century episode shows that international cooperation can be essential for a stable global monetary system The year 1873 marks a turning point in monetary history. In July, the ...

2026 will likely be the year when we will start to see serious flaws, with the pure fiat global monetary system exposed. The root cause is the need for accommodating central bank policies in the face ...

Earlier this month, I had the privilege of participating in the conversations held in the various lounges and side events connected to the annual meeting of the World Economic Forum in Davos, ...

While the global usage of currencies other than the U.S. dollar and the euro for cross-border payments remains limited, rapid technological (e.g. digital money) or geopolitical changes could ...

Money as a concept has been a cornerstone of human civilization and economic development. To start with the latter, money is a method of storing value and worth, and it also functions as a medium of ...

Gold Rate Today: As gold prices continue to surge globally, billionaire investor Ray Dalio has offered a stark explanation for why the rally may be far more than a cyclical move. In a widely shared ...

Gold Rate Today: As gold prices continue to surge globally, billionaire investor Ray Dalio has offered a stark explanation for why the rally may be far more than a cyclical move. In a widely shared ...