The industry average depreciation on a new luxury vehicle after three years is about 38 percent. While the worst offenders regarding resale value are mostly British and Italian SUVs (and nearly every ...

For months, international bankers have considered an upward revaluation of the German mark to be inevitable (TIME, Dec. 20). Last week Chancellor Willy Brandt’s new government announced that the ...

Excerpt from Paper Money by "Adam Smith," (George J.W. Goodman), pp. 57-62. Before World War I Germany was a prosperous country, with a gold-backed currency, expanding industry, and world leadership ...