>"After its value plunged to less than a U.S. penny, the ruble is now trading 40% higher than before Russia attacked Ukraine. Why?"

"The hard times could be a harbinger for everyone else."

"Kenneth Rogoff weighs the possibility of advanced economies instituting a broad-based ban on private digital currencies."

"Jeffrey Frankel warns that a series of competitive exchange-rate appreciations would hurt poorer economies the most."

>"R. M. Manivannan argues that the escalating economic crisis demands radical action to restore financial credibility."

"Some truth there tho. Less budget constraints than any other country. Meet their obligations easier than any other by printing money."

"Andrew Sheng & Xiao Geng argue that the US dollar-based order is becoming increasingly unsustainable in a multipolar world."

>"The People’s Bank of China on Thursday lowered its official yuan midpoint as authorities weighed risks to financial stability and economic growth, as well as a narrowing interest rate spread between China and the United States."

"From the IMF to Goldman Sachs, concerns that US sanctions on Russia could undermine the dollar’s global dominance are growing."

"Stablecoins are less volatile, and considered a safer bet than many cryptocurrencies."

"MMT correctly acknowledges the problem of rising prices, but it offers no plausible solution."

Russia’s consistent attempts to maintain a strong ruble come from a desire to signal domestically that Russia can't be forced to its knees by the West.

>"A closer look at Bitcoin transactions suggests ordinary Russians are the ones buying more cryptocurrency, hoping to hang onto savings as the ruble’s value plummets."

"Summary Sanctions on Russia are devastating to the Russian economy Power of the sanctions is due to concerted _...Read More_