Learn about currency substitution, its types, benefits, and potential risks, and why some countries use foreign currencies for extra stability and economic advantage.

Discover what a national currency is, how it functions as legal tender, and its role in global trade and economic stability. Learn how currencies like the U.S. Dollar influence economies.

Due to my recent move, I'm still catching up on the last few months in the blogosphere. (Today I spent $750 (and many hours) registering my car in California.) Thus, I finally got around to reading an ...

Traveling internationally can come with a lot of additional fees that quickly add up on your vacation. From foreign transaction fees to currency conversion fees, there are so many things to look out ...

It was issued by a sovereign authority. It was recognized as legal tender for settling debts. It was backed, formally or implicitly, by the trust in a nation’s economy and governance. But in 2025, ...

European Central Bank (ECB) President Christine Lagarde was interviewed on Bloomberg TV on September 13, which aired yesterday, September 15. Among the topics discussed, which included monetary policy ...

A currency can transact directly without being referenced to a market price. Cryptocurrency is not currency. The more crypto gets used for transactions the more selling pressure there is on crypto.

In a world of increasingly virtual human interactions, the idea of money is becoming more fluid than authorities find comfortable. China has officially outlawed the practice of exchanging virtual ...