Consumers Stubbornly Cling to Cash, after Multiple IT Fiascos & Payment Systems Outages by Don Quijones • Jun 16, 2018 • 53 Comments An industry dogged by non-believers who fret about privacy and fraud.
Seems Impossible, but Argentina’s Peso Was Able to Collapse even Further Despite $50 Billion IMF Bailout by Wolf Richter • Jun 14, 2018 • 67 Comments Why is anyone still lending this government any money?
Argentina’s Crisis Gets Kicked Down the Road, but at What Cost? by Wolf Richter • May 16, 2018 • 22 Comments The peso drops again, inflation surges, nothing is fixed.
As US Dollar & Interest Rates Rise, All Heck Breaks Loose in Emerging Market Currencies by Wolf Richter • May 10, 2018 • 67 Comments When the “hot money” gets antsy, a currency crisis morphs into a debt crisis.
WTF Just Happened to Argentina’s Peso? by Bianca Fernet • May 6, 2018 • 41 Comments Three interest rate hikes in one week, to 40%, imply the first two didn’t work, and the Central Bank is not in control.
And the US Dollar? by Wolf Richter • Apr 26, 2018 • 66 Comments Fed’s relentless rate hikes and accelerating QE unwind take effect.
What Could Dethrone the Dollar as Top Reserve Currency? by Wolf Richter • Mar 30, 2018 • 103 Comments Central banks seem leery about the Chinese yuan.
“Next Bitcoin” Ripple Does $126-Bn Round Trip in 15 Weeks by Wolf Richter • Mar 28, 2018 • 62 Comments The crypto-crash crushes hopes, but will it impact the economy?
Even the World’s Most Cashless Nation Doesn’t Want to Go Fully Cashless by Don Quijones • Mar 27, 2018 • 35 Comments It’s too risky and systematically excludes the most vulnerable people.
Cash Refuses to Die, But the €500-Note Is a Goner by Don Quijones • Mar 8, 2018 • 46 Comments War-on-Cash Backlash.
