Fed expects near 0% interest rates for years, potentially boosting BTC’s value proposition
Bitcoin keeps looking better and better each time the U.S. devalues its own currency. Go to Source Powered by WPeMatico
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Report: Market Valuation of 14 Banking Giants Shed $635 Billion This Year
The world’s largest banks lost a considerable amount of market valuation amid the Covid-19 pandemic, according to a new report that estimates financial incumbents lost $635 billion. Between December 2019 and August 2020, the market caps of 14 major banking institutions lost upwards of 30-50% during the time period. A newly published report written by … Read more
Macroeconomic Trends Boost Bitcoin and Gold, US Dollar Index Shows Bearish Double-Top
According to a number of reports and commentary from financial analysts, the world is “drowning in U.S. dollars” after the Federal Reserve decided to pump billions of dollars into the hands of 14 central banks via liquidity swaps. Moreover, recent technical analysis shows the dollar’s trade-weighted index chart indicates the USD might be in for … Read more
Bitcoin and cryptocurrency are no hedge for inflation
Rather than a hedge against inflation, cryptocurrencies are an alternative to the dominant system entirely. Go to Source Powered by WPeMatico
MIT is helping the Boston Fed build a CBDC that can be scaled for consumer use
Can MIT help the U.S. catch up to China in the CBDC race? Go to Source Powered by WPeMatico
$1 Trillion in Housing Bonds: US Real Estate Crisis Held Back by Fed’s Mortgage Purchases
The U.S. real estate market is facing a conundrum, as there’s now a tidal wave of renters who can’t pay rent and a massive number of mortgage defaults stacking up like never before. Amid the looming real estate chaos, the Centers for Disease Control and Prevention (CDC) enacted public health emergency powers to stop landlords … Read more
Bitcoin, USD velocity both crash — but BTC price reacted differently
Rampant inflation of the dollar’s M2 money supply is only enriching the “cantillionaires,” Max Keiser argues as its velocity hits record lows. Go to Source Powered by WPeMatico
US Federal Reserve now owns over 20,000 different financial assets
The nation’s money printer continues to go “Brrr”. Go to Source Powered by WPeMatico
Jerome Powell throws US dollar under a bus in Jackson Hole
Fed Chairman Jerome Powell threw the U.S. dollar under a bus last week at the central bank’s annual Jackson Hole, Wyoming, meeting. Go to Source Powered by WPeMatico
On quantitative easing, crypto and modern monetary theory
Crypto needs financial products — simply positioned and simply transparent — to preserve and grow people’s assets in difficult times. Go to Source Powered by WPeMatico