reserve currency
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$1.7 trillion in 'foreign' corporate cash held in U.S. banks
Interview by
Jan 23, 2013
A report in the Wall Street Journal reveals that $1.7 trillion in "foreign" cash is being held in U.S. banks.
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China, Brazil forge currency swap deal
by
Jun 22, 2012
With consumer demand still sluggish in the U.S. and Europe, China is looking elsewhere for new customers to places like Brazil. In fact, this week China and Brazil agreed to a landmark deal that avoids using the U.S. dollar.
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Video: Barry Eichengreen on the Post-Dollar World
by
Mar 23, 2011
As the artist formerly known as Puff Daddy rapped, it's all about the Benjamins. That's $100 bills, and there are more of them in circulation...
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