Nobel laureate Eugene Fama warns that Bitcoin has “a close to 100%” chance of becoming worthless within a decade. Fama argues ...

Drama and economics are two words that do not always go together, but last year in India, a surprise announcement caught Indians totally off guard. On November 8 at 10 p.m., the prime minister, ...

Despite still showing no signs of ever paying off, the Iraqi dinar scam not only lives on, but appears to have found a new home where the worthless currency can easily be bought and sold without ...

HARARE (Reuters) - On online auction site eBay, a 100 trillion Zimbabwean dollar note is a collector's item fetching up to $35, a small fortune compared with the 40 U.S. cents on offer from the ...

“Monopoly money” is a term for useless paper notes. Inflation was so bad in 1930s Weimar Germany, it took literal wheelbarrows of cash to buy groceries. In Robert Mugabe’s Zimbabwe, inflation at one ...

Freeing America from the “Tyranny of the Penny” is the Times’s new monetary crusade. The penny “may seem like a harmless coin,” it avers, yet “few things symbolize our national dysfunction more than ...

Hyperinflation describes an unsustainable period of economic dysfunction characterized by price increases of at least 50% per month. These times of rapid, intense and destructive currency devaluation ...

A photo of Venezuelan bank notes scattered on the street has been shared by online users alongside claims it is a depiction of current monetary values in the country. The photo shows banknotes of the ...

NEW DELHI (AP) — Nearly all of the currency removed from circulation in a surprise 2016 attempt to root out illegally hoarded cash re-entered the financial system, India’s reserve bank said, ...