Discover how the European Monetary System (EMS) stabilized currencies and laid the groundwork for the euro, creating economic unity in Europe from 1979 onwards.

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 ...

Minnesota's $1 billion welfare fraud schemes spark federal investigation into hawala money transfers potentially benefiting ...

A central bank digital currency would be a liability of the Federal Reserve, not a commercial bank, the Federal Reserve said. Although central bank digital currency is being studied, there have been ...

Journal Editorial Report: The week's best and worst from Kim Strassel, Kyle Peterson and Dan Henninger. Images: CNP/Zuma Press/Shutterstock/ Composite: Mark Kelly Nobel economics laureate Robert ...

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 ...

This is an opinion editorial by Taimur Ahmad, a graduate student at Stanford University, focusing on energy, environmental policy and international politics. Author’s note: This is the first part of a ...

Pennies are worth more dead than alive. That’s been true for a long time. Constant inflation, even at the low levels of the ...

A central bank digital currency system is not launching in July. The Federal Reserve System is studying the benefits and drawbacks of such a system but has not proposed implementing it. It would ...

For the creator of MazaCoin, the dream of a sovereign monetary system for indigenous people is still alive, but it looks different than it did 10 years ago. Payu Harris wanted to create a ...

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 ...