Bookmarking Crypto Insights
Auto Added by WPeMatico
Central banks worldwide continue to inject more stimulus into the economy as they predict the onset of a new financial crisis. In the face of a sluggish economy, monetary easing, negative interest rates, and ‘normalizing’ the balance sheet is the name of the game these days. Now central banks are contemplating even more unconventional methods … Read more
Brexit, the European divorce saga that has been going on for years, has created a lot of headaches for politicians and ordinary people on both sides of the Channel. The process of Britain leaving the European Union is now heading towards another one of its deadlines while London and Brussels are trying to separate with … Read more
In a recent tweet, U.S. president Donald Trump delved into an explosive, all-caps-loaded mini-rant about the necessity of getting “interest rates down to ZERO, or less.” The bombastic politician stressed the need for America to refinance its debt, trailing off with some superficially conservative speak about the U.S. and its “great currency, power, and balance … Read more
A new weekly record was set last week in global corporate bond sales, with investors grabbing hold of around $140 billion in new bonds according to data from Dealogic. This occurs against a backdrop of negative yielding debt, and the meteoric rise in popularity of stablecoins and exchange-native tokens across the crypto space. The near … Read more
The current financial system, with governments and central banks controlling the flow of money, creates impediments for people’s economic freedom. Among them is the danger that the ruling class will try to hide its mismanagement of the country’s affairs by preventing people from voting with their wallets and trying to secure their savings on safer … Read more
Financial regulators all around the world have been cracking down hard on ICOs for promising more than they can deliver. At the same time governments and central banks are pulling off far worse scams, such as QE, wiping out the savings of everyone that depends on them. To hide this fact they use obscure economic … Read more
Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with a bank-to-bank blockchain network. At the same time, the World Bank’s bond scheme has … Read more
Whenever bitcoin experiences a sharp drop or volatility, mainstream media analysts jump to declare that cryptocurrency isn’t stable enough to be considered money. The double-digit crash of the Argentine peso in one day, simply due to an election in the country, can be said to prove the same about fiat. Also Read: Big Banks Enabled … Read more
Negative interest rates have been making big headlines lately, as several countries and big banks are now experimenting with the unorthodox monetary policy. While typically viewed as a last-ditch effort to shock some life back into struggling economies, these policies are getting a shiny new spin thanks to mainstream media outlets promoting government talking points … Read more
With the recent Union Bank of Switzerland (UBS) announcement that even more customers will be charged to hold money in their banks, people are scrambling to find ways to preserve their wealth, while USB and others scramble to dam the losses resulting from national negative interest rate policy (NIRP). The relatively recent experiments with NIRP … Read more
