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 ...
Istanbul/London (CNN) — Down a dimly lit alleyway tucked just inside Istanbul’s Grand Bazaar, a few dozen men are packed together, shouting, waving, and frantically speaking on their phones, others ...
“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 ...
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 ...
Turns out, Trump Bucks aren’t worth the paper they’re printed on. Just ask John Amann of Houston who said he bought $2,200 worth of the phony currency and other Trump monetary items over the past year ...