Central Planning – DIGIT INFO

Tech Industry Leaders Call for AI Labs to Pause Development for Safety, Coinbase CEO Disagrees

DIGIT — Sat, 01 Apr 2023 03:04:57 +0000

This week, 2,600 tech industry moguls and entrepreneurs, including Elon Musk, Gary Marcus, and Steve Wozniak, signed an open letter requesting artificial intelligence (AI) labs to pause research and development for six months. The signatories believe that safety programs and regulations need to be strengthened, as they assert that AI labs are currently in an […]

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Expert Warns of Possible Deflationary Depression as Money Supply Contracts: ‘Pay Attention to QT and the Money Supply’

DIGIT — Thu, 09 Mar 2023 19:30:45 +0000

During the Covid-19 pandemic, central banks such as the U.S. Federal Reserve loosened fiscal and monetary policy. Now, these same financial institutions are seemingly engaging in quantitative tightening (QT) practices. According to Nick Gerli, CEO and founder of Reventure Consulting, “the money supply is officially contracting.” This has only happened four times in the last […]

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At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows

DIGIT — Sun, 15 Sep 2019 22:30:02 +0000

In a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the world has seen central planners orchestrate such harmonization in an attempt to save the economy from a deep recession. Also Read: Money and Democracy: Why […]

The post At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows appeared first on Bitcoin News.

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