The latest sequel to last October’s “LIBORgate” rate scandal (see the WealthCycles.com article Market-Based LIBOR Replacement is Step in Right Direction ), “Naughty ForeXmen,” is playing now in a media circus near you. This time Swiss bank reg ...
Just like that, boom, devaluation happens, the snap decision of a desperate government with socialist desires to just give and give and give—but first it must take.
Venezuela just devalued its currency, the bolivar, by 46.69%.
If you as a Ven ...
The Swiss Franc—once considered by many as good as gold—has joined a long list of investments formerly known as “safe havens”—safe no more…
After viewing today’s Google Doodle commemorating the 65th anniversary of the late Freddie Mercury’s birth, Q ...
The premise behind floating currencies is that allowing markets to determine currency exchange rates will rectify trade imbalances and ensure mutually beneficial global commerce. The only problem is, in the real world, floating currencies don’t really ...
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