The ECCB’s Timothy Antoine on currency union, cooperation and DCash 2.0

The ECCB’s Timothy Antoine on currency union, cooperation and DCash 2.0

The Eastern Caribbean Central Bank is celebrating 40 years since its founding. What do you view as the main benefits of the Eastern Caribbean Currency Union? The main benefit, without a doubt, is relatively low inflation over an extended period. Since 1976, we have pegged US$1 to EC$2.7. Our inflation is largely imported and typically … Read more

Some public workers may receive reduced Social Security benefits

Some public workers may receive reduced Social Security benefits

Workers may have jobs where they pay into Social Security or earn pension benefits. When they have both, their Social Security benefits may be adjusted to reflect that. There’s growing support in Congress to either revise those rules or eliminate them altogether. Araya Doheny | Getty Images When Dave Bernstein, 87, started working at the … Read more

Here’s what would happen if the dollar lost its world-currency status

Here’s what would happen if the dollar lost its world-currency status

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The U.S. dollar is the most powerful currency that exists today. Yet analysts have been warning of the dollar’s impending doom since its rise to prominence in 1971. 10:22 Fri, Apr 8 20228:00 AM EDT Source link