From the category archives:

money

Dear Greenback, Meet the Redback – Your Replacement?

November 10, 2010 · 3 comments

in Asia, BRIC, China, G20, RMB, USD, World Bank, central banks, currencies, exchange rates, foreign investment, forex, international economy, international stock market, market reports, market trends, money, news and updates, sovereign debt, terminology, world order

You may not have heard of this yuan yet – but the renminbi officially has a new, unofficial nickname – the “redback.” That’s right, it looks and sounds the way you think it’s trying to look and sound.  Not only is the renminbi note red, but it’s got a picture of Mao on the [...]

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Annual U.S. Money Supply Growth – M3 Estimates by ShadowStats

March 25, 2009 · 1 comment

in USD, inflation, money

M3 refers to the total supply of US dollars in existence (virtual and physical) around the world.  Back in 2006, the US Fed decided it was time to keep quiet on how much they were increasing M3.  You can see where the red line turns blue.  That’s because the blue data can’t be verified, but [...]

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US Penny Worth More As Metal Than As Money

March 25, 2009 · 3 comments

in inflation, metals, money, penny

Here’s another example of inflation.  When the coins are worth more for their metal value than they are worth as money.  It’s already happened with the US pennies produced from 1909-1982. They’re made of 95% copper and worth 117% more than “one cent.”  Check it out here.
Needless to say, pennies made after 1982 have been [...]

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