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Venezuela's Currency Is Almost Seven times Less Valuable than Fake Gold in World of Warcraft ... The free-falling currency of Venezuela could now be almost seven times less valuable than fake gold in the World of Warcraft games, according to some estimates. The Venezuelan economy has been rocked by extreme inflation because of political instability and a drop in the prices of its top export—oil.
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Are Bitcoin And Digital Currencies Preparing To Blast Off Again? Digital currencies may be a new asset class, but they are a commentary about status quo money and banking, and government and regulatory control around the world. The asset class is, in many ways, a child of globalism as the only other means of exchange around the world these days is gold.
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'Brutal': EM currencies face worst quarter since 2015 Emerging market currencies have swooned against the US dollar in the second quarter, leaving the asset class on track for its worst run since jitters over China ignited a heavy rout three years ago, according to a key gauge. JPMorgan's EM currency index has dropped 5.1 per cent since the end of March ...
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