Fed Chair Blames Coronavirus, Not ‘Usual Suspects’ for Crashed Economy
The latest words from Jerome Powell suggest that there is little need to address monetary policy to avoid another market crash. Go to Source Powered by WPeMatico
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Buying Corporate Bonds and ETFs: US Federal Reserve Continues to Bailout ‘Too Big to Fail’
The U.S. Federal Reserve has continued its schemes of monetary easing and funding a number of private banks during the Covid-19 outbreak. On Monday evening, the Fed revealed it would be buying corporate bonds and exchange-traded funds using the entity’s Secondary Market Corporate Credit Facility (SMCCF). Additionally, financial analysts from Wall Street on Parade have … Read more
Bitcoin Advocates Cry Foul as US Fed Buying ETFs for the First Time
Yet another unprecedented move from the U.S. central bank to shore up the fiat economy means that it is violating its own charter, critics warn. Go to Source Powered by WPeMatico
Dollar Vigilante Founder Talks Covid-19 and Economic Crisis: ‘The Modern Financial System Is at the End of It’s Rope’
Jeff Berwick is an entrepreneur with a lot to say these days and he’s released a number of videos discussing the coronavirus pandemic and the government-induced lockdowns. Berwick is the founder of The Dollar Vigilante, an anarcho-capitalist media outlet focusing on gold, silver, mining stocks, cryptocurrencies, and offshore banking. News.Bitcoin.com chatted with Berwick this week … Read more
US Central Bank Blamed for 2020 Financial Crash: ‘The Fed Is Lawless Economic Government Unto Itself’
The last two months dealing with the coronavirus outbreak have been strange, to say the least, and as data rolls in more people are becoming aware that there was quite a bit of overreaction from politicians, the media, and medical professionals. A small number of people are starting to focus on the economic situation and … Read more
Data Shows the US Economy Was Collapsing 5 Months Before the Coronavirus Outbreak
During the last two months, the global economy has shuddered and a great number of people still attribute the financial meltdown to the Covid-19 outbreak. However, during the last two weeks, the blame has shifted, as many citizens are now blaming the government lockdowns, overly-predictive models, and industry shutdowns. Moreover, a recently published report notes … Read more
Market Outlook: Crypto Market Prices Rally Ahead of Bitcoin Halving, BTC Up $1K in 24 Hours
Cryptocurrency markets are bullish on April 29, as BTC prices have spiked over 11.8% in the last 24 hours touching a high of $8,740 per coin during Wednesday’s trading sessions. Bitcoin has gained 130% in value since the market rout on March 12 otherwise known as ‘Black Thursday.’ Many believe the cause behind the higher … Read more
Boon for Bitcoin, Donald Trump as Ex-Fed Official Pushes to Tax Savers
After U.S. oil turned negative, the Fed’s interest rates may be next in line, warns one of its ex-presidents Go to Source Powered by WPeMatico
Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nations
Since the start of the coronavirus outbreak, the U.S. Federal Reserve has created trillions of dollars in order to keep the central bank’s private partners’ liquidity strong during the economic downturn. These moves have caused a number of sound money advocates and economists to explain that the Fed’s monetary policies will lead to hyperinflation in … Read more
Recap of Cointelegraph Talks: E-Payments During Covid-19 and Beyond
Cointelegraph Talks Recap: Our first panel of speakers discuss the ramifications of COVID-19 on FinTech Development Go to Source Powered by WPeMatico