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Category: government spending
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The Federal Reserve Bank of New York published the Survey of Consumer Expectations report on Monday, which shows U.S. consumers are expecting short-term inflation levels to be higher than usual. Meanwhile, the report also shows American consumers’ expectations of long-term inflation have reached the highest level since 2013. New York Fed’s Survey of Consumer Expectations […]
Massive government spending accelerating crypto adoption: Sen. Cynthia Lummis
Senator Cynthia Lummis said that inflation and massive government spending is accelerating the adoption of digital assets.
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IMF Tells Governments: Spend as Much as You Can and Then Spend More
The head of the International Monetary Fund (IMF) has called on countries worldwide to spend as much as they can and then spend more. She admitted that this is a “very unusual” policy for the IMF but it is needed to revive economies. Many people are interpreting her statement as very bullish for bitcoin. IMF […]
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German Economy in Risk of Recession Amid Weak Demand, Tariff Threat, and Epidemic
Germany, the economic powerhouse of Europe, is facing renewed challenges that may soon push it towards recession. Falling industrial production and dwindling factory orders are the prime cause of concern. The negative results have been announced on the backdrop of weak demand from Eurozone countries, U.S. threats for import tariffs, and the fallout from the […]
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