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I Know Why Poor Whites Chant Trump, Trump, Trump

Those coins, particularly the Spanish peso or dollar circulated widely in Britain's North American colonies because of a shortage of official British coins. That is why, after the United States gained its independence the new nation chose "dollar" as the name of its currency instead of keeping the pound.

The U.S. military umbrella has also bolstered the political stability and security environments of countries with large dollar holdings, such as Saudi Arabia, Qatar, South Korea, Japan, and the United Arab Emirates. In fact, America’s role as security guarantor in the Pacific has also served as the necessary backdrop for China’s economic rise and emergence as a principal buyer of U.S. government bonds.

The Rise of the BRICS and American primacy | …

The Astonishing Rise of Angela Merkel | The New Yorker

The Quiet German The astonishing rise of Angela Merkel, the most powerful woman in the world.

Those coins, particularly the Spanish peso or dollar circulated widely in Britain's North American colonies because of a shortage of official British coins. That is why, after the United States gained its independence the new nation chose "dollar" as the name of its currency instead of keeping the pound.

The history of the dollar is a story involving many countries in different continents. The word is much older than the American unit of currency. It is an Anglicised form of "thaler", (pronounced , with a long "a"), the name given to coins first minted in 1519 from locally mined silver in Joachimsthal in Bohemia. (Today the town of Joachimsthal lies within the borders of the Czech republic and its Czech name is Jáchymov). Thaler is a shortened form of the term by which the coin was originally known - Joachimsthaler.

Business News, Personal Finance and Money News - ABC News

At the BAC's first general meeting in Washington on June 26, 1933, ten days after the NRA itself was created, the NRA director asked Teagle to chair the NRA's Industrial Advisory Board, which drew the majority of its members from the BAC as well (McQuaid 1979, p. 685-686). Teagle brought Hicks, his recently retired industrial relations vice-president at Standard Oil of New Jersey, to join him in Washington as his personal assistant. (At this point Hicks was paid about $98,500 a year as a personal consultant to Rockefeller, in addition to his $163,500 a year pension from Standard Oil of New Jersey -- both those figures are in terms of 2012 dollars). Teagle, along with Swope and other business executives, then spent the summer of 1933 overseeing the development of the NRA. In short, the overlap between the corporate community, the Rockefeller industrial relations network, and the NRA was very extensive. This seems to be even more the case when it is added that other top businesspeople came to Washington to serve the NRA as "presidential industrial advisers" on temporary loan from their corporations. In other words, and this conclusion will rankle those who see the American government as independent of "big business," the corporate community was subsidizing, staffing, and building a new state agency. Moreover, it was happening at the very time that the corporate community supposedly had lost power and legitimacy, according to the modern-day experts that rule the academic roost when it comes to the understanding of the alleged ups and downs of corporate power (Finegold and Skocpol 1995; Hacker and Pierson 2002; Hacker and Pierson 2004; Hacker and Pierson 2010)}

12/3/2014 · NPR’s Book Concierge Our Guide To 2014’s Great Reads

The history of the dollar is a story involving many countries in different continents. The word is much older than the American unit of currency. It is an Anglicised form of "thaler", (pronounced , with a long "a"), the name given to coins first minted in 1519 from locally mined silver in Joachimsthal in Bohemia. (Today the town of Joachimsthal lies within the borders of the Czech republic and its Czech name is Jáchymov). Thaler is a shortened form of the term by which the coin was originally known - Joachimsthaler.

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History of the Present: Havana - Places Journal


Havana, viewed from an El Vedado high-rise

Short-term rates (controlled by the Fed) will stay low, while long-term rates (market-determined and affected by trust in our Treasury and Fed to keep the value of dollar strong) will rise as people fear their dollar investments will be debased. There is no doubt that both the Fed and the Bank of England know what is happening. The spread between short- and long-term rates (known as the “yield curve”) will rise, and banks will benefit; would-be home buyers and people with overdrafts or outstanding credit card balances pay more, while savers get little.

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