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,...

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...

The inquiry into the global significance of the euro, which is the second most important currency in the international financial system after the US dollar (hereinafter, the dollar), should be treated as a priority in efforts to strengthen the EU’s strategic autonomy. The main obstacles...