Foundation for Economic Education Posts Commentary: Whose Money Is It Anyway?
February 14, 2026
February 14, 2026
DETROIT, Michigan, Feb. 14 -- The Foundation for Economic Education posted the following commentary on Feb. 12, 2026, by author Peter Fenwick:
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Whose Money Is It Anyway?
Can the dollar remain the world's reserve currency?
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On February 6, 2026, the Dow Jones hit a record level of 50,000. It was now 5 times its level in 1999 when it hit 10,000 for the first time. But how real has the increase been? In 1999, $10,000 would h . . .
* * *
Whose Money Is It Anyway?
Can the dollar remain the world's reserve currency?
*
On February 6, 2026, the Dow Jones hit a record level of 50,000. It was now 5 times its level in 1999 when it hit 10,000 for the first time. But how real has the increase been? In 1999, $10,000 would h . . .
