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The gold trick

Now that the U.S. debt ceiling season is upon us again, I've been wondering if the U.S.'s official gold price is going to finally be...

Source Whenever I try to come up with a metaphor for the monetary and banking system I think about the 2010 film Inception , one of my favor...

Dutch 10 guilder note. Holland and Lebanon are the only countries to have issued banknotes with bar codes. One of the interesting things tha...

Imagine waking up in the morning and checking the hockey scores, news, the weather, and how much the central bank has adjusted the gold cont...

Recently, International Monetary Fund released a report on Virtual Currencies . Overall, it's not a bad report - it discusses whether vi...

Fungibility is one of the desired properties of money. You want every unit of money to be worth exactly its face value and be interchangeab...

The FT makes a hullabaloo out of Greece using special drawing rights (SDR) to pay the IMF earlier this week, referring to the step as ...

If you've been reading Bill Gross's last few letters, you'll know that he's been a bit grumpy of late. It's that dang n...