In just over a decade, cryptocurrencies have grown from digital novelties to trillion-dollar technologies with the potential to disrupt the global financial system. As the world of finance continues to evolve, it's crucial to understand the factors that contribute to the value of traditional currencies like the U.S. dollar.
Economist Mike Walden shares how the U.S. dollar's value is related to inflation and monetary policies, both domestically and internationally. These factors play a significant role in determining the purchasing power of a dollar today compared to its value in the future.
At $34 trillion and rising, the national debt threatens America's economic future. Here are the top ten reasons why the national debt has a direct impact on the value of the U.S. dollar and the overall economy.
The U.S. dollar is hot these days. That's creating both risks and opportunities for investors. As an investor, you generally want to be more cautious about holding onto cash as its value may decrease over time due to inflation.
What does it mean to “invest” in the Iraqi dinar? In simple terms, it's the same as investing in any other currency. You purchase a certain amount of Iraqi dinars with the hope that their value will increase in the future, allowing you to make a profit.
Did the Egyptian pound improve after currency devaluation? It is worth noting that black market rates are by default unofficial and subject to fluctuations. The value of a currency is influenced by a variety of economic and political factors.
Russia's invasion of Ukraine and intensified United States (US)–China competition have had two important geostrategic consequences. These global events can impact the value of currencies and create uncertainty in the financial markets.
China maintained one of the highest economic growth rates in the world for more than a quarter of a century, helping lift over 800 million people out of poverty. The strength of China's economy has a significant influence on the value of the renminbi and its impact on global trade.
Former French President Valery Giscard d'Estaing called it America's privilège exorbitant. Mr. Giscard, then the French finance minister, highlighted the unique position of the U.S. dollar as the world's primary reserve currency.
