• April 25 2026
  The Weekend Essay

  There’s no such thing as the petrodollar

  War on Iran is changing the currency calculations of Gulf energy exporters. But the dollar’s global role depends on far more than the denomination of a barrel of oil

  
• March 27 2026
  Currencies

  The Trump coin and lessons from the Ostrogoths

  The use of his image on a gold offering from the US Mint is a sign of how little power he actually has over America’s money

  Brendan Greeley

  
• March 5 2026
  Unhedged Podcast27 min listen

  The case against stablecoins

  Is there anything really new about them?

  
• February 6 2026
  Currencies

  The disappointing randomness of currency hegemony

  We cannot know what the next dominant currency regime will be because all regimes are different

  Brendan Greeley

  
• January 16 2026
  Federal Reserve

  America is courting the old crises

  Monetary policy is not meant to get as exciting as it has with the Trump administration’s attacks on the Fed

  Brendan Greeley

  
• December 12 2025
  Cryptocurrencies

  Can bitcoin bonds fund economic development?

  A New Hampshire municipal issue stretches the bounds of what state borrowing is for

  Brendan Greeley

  
• October 11 2025
  US financial regulation

  Why I have to buy doughnuts with cash

  Powerful lobbies are hindering a digital transition by America’s huge network of some 4,500 banks

  Brendan Greeley

  
• September 4 2025
  Unhedged Podcast29 min listen

  What’s a central bank supposed to do?

  The history of central banks contains a lot of uncertainty and a lot of politics

  
• August 9 2025
  Cryptocurrencies

  The futile loneliness of a crypto short

  I never bet against crypto — that doesn’t mean I like it

  Brendan Greeley

  
• July 11 2025
  US economy

  Does the US have Dutch disease?

  The exorbitant burden of exporting dollars makes it hard for America to govern at home

  Brendan Greeley

  
• May 24 2025
  Federal Reserve

  The Fed’s not making a profit

  In these unusual times, Congress and the White House should be clear what they plan to do about a loss

  Brendan Greeley

  
• April 11 2025
  Global Economy

  The dollar system has always been vulnerable to presidential whim

  But only now are asset managers beginning to reconsider the story of America as an inexhaustible well of safe bets

  Brendan Greeley

  
• February 7 2025
  Sovereign wealth funds

  Why Trump wants an American sovereign wealth fund

  The US does not really need a state investment vehicle — it is one already

  Brendan Greeley

  
• December 21 2024
  Currencies

  What a Christmas cash scheme from the Great Depression tells us about money

  A scrip still handed out by city of Hawarden is built on sound administration

  Brendan Greeley

  
• November 23 2024
  Bitcoin

  The delusions behind a bitcoin strategic reserve

  It is a resilience strategy for the ‘hodlers’, not the US state

  Brendan Greeley

  
• October 25 2024
  Currencies

  What a farmers’ market token tells us about reform needed in US banking

  Local markets should not need dollar alternatives to help farmers avoid credit card fees

  Brendan Greeley

  
• October 21 2024
  Non-Fiction

  Alphaville. The Nobel for Econsplaining

  Acemoglu, Johnson and Robinson won a prize for applying economics to the very things economics is inherently bad at figuring out

  Brendan Greeley

  
• March 28 2024
  Baltimore

  Alphaville. Big ships, big problems

  A dispatch from FT Alphaville’s maritime correspondent

  
• December 23 2023
  Currencies

  The easy dream of someone else’s dollars

  There is no simple solution to monetary governance

  Brendan Greeley

  
• October 28 2023
  US financial regulation

  Joe Rogan’s CBDC fear is already here

  Credit scores in America are capricious and unfairly limit access to banking 

  Brendan Greeley

  
• August 25 2023
  Digital currencies

  Jackson Hole, Worldcoin and the tricky act of central banking

  The assumption that there is a good governance model for who gets to make decisions on money is flawed

  Brendan Greeley

  
• July 29 2023
  Monetary policy

  Heavy credit-card users are key in the Fed’s inflation battle

  Demand for credit may be falling in some areas, but plastic is a different story

  Brendan Greeley

  
• May 19 2023
  US dollar

  The dollars are not fragile

  The world thinks of treasuries as assets and no other country has been able to produce more sovereign debt than the US

  Brendan Greeley

  
• May 5 2023
  Central banks

  Alphaville. A new birding guide for central bankers

  Caw blimey

  
• April 22 2023
  Monetary policy

  The contentious idea that still challenges the Fed

  Central bank remains wary of Andrew Brimmer’s proposal that it should take a more active role on credit allocation

  Brendan Greeley