Als "messerscharfe Analyse der Krankheiten unseres Geldsystems" bezeichnet der Grazer Professor Max Otte in seinem Geleitwort Middelkoops Einschätzung der globalen Währungssituation bzw. deren aktueller Krise. Der niederländische Finanzjournalist und ehemalige Börsenkommentator findet ihre...

A little history of money -- English colonists were monetary pioneers -- The bubble economy -- A plethora of ideas -- The long, long road to discovery -- The bank for international settlements -- Monetarism is Machiavellian -- The coronavirus catastrophe -- The biggest heist in history -- The...

The US derives enormous economic benefits from issuing the dominant global currency. This exorbitant privilege has been put at risk by the combination of the 2022 sanctions against Russia and new technological developments, specifically Central Bank Digital Currencies. CBDCs promise faster,...

For the last two decades, non-US firms have lower valuations than similar US firms. We study the evolution of this valuation gap to assess whether financial markets are less integrated after the 2008 global financial crisis (GFC). The valuation gap for firms from developed markets increases by...