Free Republic

Latin America, a region known for its rich cultural diversity, stunning landscapes, and complex history, has also seen a colorful array of currencies throughout its history. From the pre-Columbian era to the modern digital age, the currencies of Latin America have evolved significantly, reflecting the region's economic, political, and social changes. In this article, we will take a journey through time to explore the fascinating history of currencies in Latin America, from ancient forms of trade to contemporary digital payment methods with only a cardholder needed. Pre-Columbian Era: Barter and Indigenous Currencies Before the arrival of European explorers and colonizers,...

"The world economy is out of whack," says David Wessel on the front page of the Wall Street Journal. "There's a financial grinch lurking," says William Niekirk of the Chicago Tribune. "In my lifetime we will have gone from the Greatest Generation to the Profligate Generation to the Bankrupt Generation," says Thomas Friedman in the New York Times. These are but a few of the public panic attacks making headlines these days. The thought process behind these shrill warnings is straightforward. President Bush cut taxes in the middle of a war, federal budget deficits are soaring, and U.S. consumers are...