marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
central bank
05/26/2022
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By Arsenio Toledo
Collapse incoming: Fed to raise interest rates more than the market initially anticipated
The Federal Reserve is expected to raise interest rates far higher than what earlier pronouncements claimed, increasing the likelihood of a slowdown and the collapse of the American economy. In the most recent meeting of the Federal Open Market Committee (FOMC) held early this month, monetary policymakers in attendance all agreed on the need to […]
05/12/2022
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By News Editors
Biden: Inflation is everybody’s fault but mine
Speaking at the Eisenhower Executive Office Building, President Joe Biden on Tuesday morning declared inflation to be his top “domestic priority” and insisted that inflation would not be a problem were it not for covid and the war in Ukraine. There was little room, however, for any sound economics in a speech that was little more than a […]
04/05/2022
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By Kevin Hughes
America about to suffer as Federal Reserve struggles to battle inflation
The worst inflation in four decades has spurred the Federal Reserve to start a series of interest rate hikes. It’s not going to work. The plain truth is that the Federal Reserve doesn’t know how to battle inflation and America is about to suffer the consequences. With prices soaring at a pace not seen since the early 1980s, […]
03/29/2022
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By Kevin Hughes
BlackRock CEO: Conflict in Ukraine marks end of globalization
BlackRock CEO Larry Fink said that the conflict in Ukraine marks the end of globalization as governments and businesses sever ties with Russia. BlackRock, the world’s biggest asset manager, is a leading provider of investment, advisory and risk management solutions. “The Russian invasion of Ukraine has put an end to the globalization we have experienced over […]
12/09/2021
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By Matthew Davis
Australia to overhaul payments system with digital currency issued by central bank
Australia is planning to have a digital currency issued by its central bank and regulate the crypto market in a bid to overhaul how the nation’s consumers and businesses pay for goods and services. Treasurer Josh Frydenberg stressed the need to reform Australia’s current framework to prevent Silicon Valley from determining the future of its payments system. Frydenberg […]
11/04/2021
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By Arsenio Toledo
Federal Reserve expected to raise interest rates earlier than expected due to rapid inflation
Banks and financial experts are predicting that the Federal Reserve will raise its rates earlier due to persistent inflation. In one of the Fed’s latest statements regarding raising interest rates, Chairman Jerome Powell said the central bank will not raise rates just yet because the country’s employment rate is still too low. Powell believes the country’s current period […]
10/19/2021
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By News Editors
Rabobank: The problem is no central bank can bail out the physical economy from shortages
By Michael Every of Rabobank Back in the days before infinite liquidity and markets being in love with the idea of being big just for the sake of it, there used to be discussion about the difference between extensive and intensive growth. Put simply, extensive growth is achieved by adding more inputs to get more output; intensive growth is […]
07/21/2021
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By News Editors
Fiat money economies are built on lies
Now and then, it pays to take a step back to get a broader perspective on things, to look beyond the daily financial news, to see through the short-term ups and downs in the market to find out what is really at the heart of the matter. If we do that, we will not miss the […]
06/24/2021
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By Franz Walker
Chinese crypto crackdown causes bitcoin prices to plunge
On Monday, June 21. the price of bitcoin and other cryptocurrencies slid further after China’s central bank ordered the country’s largest banks and payment processors to play a bigger role in curbing cryptocurrency trading and related activities. The People’s Bank of China (PBOC) on Monday summoned representatives of multiple financial institutions – including Industrial and […]
06/23/2021
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By Franz Walker
China’s central bank calls on top executives to reinforce crypto ban
China’s central bank ordered officials from the country’s largest banks to reinforce a ban on cryptocurrency services. A statement from the People’s Bank of China (PBOC), released Monday, June 21, said that representatives from the Industrial and Commercial Bank of China Ltd., Agricultural Bank of China and internet payment provider Alipay were summoned to a meeting where they […]
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