The yen won’t be moved by ‘90s nostalgia
The currency hit its weakest level since 1998, prompting speculation Japan might intervene again. But the world is a very different place today.
The international monetary system is more unfit than ever
With the U.S. dollar being weaponized through sanctions, it is clear that the current system is far from neutral — or sustainable.
The Fed has risen too far above political control
The problem with the Fed is that the need for stability — and for avoiding market shocks — cuts across the desire to exert more democratic control over the central bank.
Will Japan become a hub for Russia and China to evade sanctions?
As sanctions coordination increases between the U.S. and its allies, Japan must join them with similar sanctions or risk becoming a hub for Chinese and Russian sanctions evasion.
Stablecoin stability is an illusion. They are unlikely to replace Federal Reserve money, revolutionize finance or realize the dreams of their libertarian enthusiasts.
Trump-related uncertainty may be one reason among many behind the greenback's weakness.
Asia's newest fear: a Trump currency war
Having called out China as a currency manipulator, U.S. President Donald Trump now says the dollar is too strong.
The role of the U.S. dollar as international anchor is faltering as emerging markets grow increasingly frustrated by the Fed’s near-zero interest-rate policy.
