Monetary policy guides inflation and economic growth. Learn what it means, the main types, and how central banks manage interest rates and stabilize the economy.

Even Milton Friedman—who never supported gold as money—admitted that a monetary system based on gold would “take care of ...

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 ...

PRESIDENT Donald Trump’s reelection as the president of the United States in November 2024 has triggered broad unease over the future direction of the international monetary system, as it signaled ...

This model may define the next generation of global finance, shaped by digital adoption, institutional evolution and ...

The modern monetary system, built on fiat money, has weak foundations similar to the Leaning Tower of Pisa, risking economic instability and collapse. Historical debasement practices, like those of ...

NEW YORK (Reuters) -Central banks should still be able to conduct monetary policy effectively and perhaps be even nimbler in a more decentralized financial system, according to the findings of a joint ...

Our current financial system is extraordinarily complicated, and this complication inhibits the participation and success of those who are less financially literate. Preparing for the financial future ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. A special chapter of the BIS Annual Economic Report 2023 ...

Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. Despite external ...