Money Printing – DIGIT INFO

Top 5 Bitcoin critics unfazed by $100K BTC milestone

DIGIT — Fri, 27 Dec 2024 15:00:00 +0000

Even with Bitcoin surging past $100,000 for the first time, some critics have remained skeptical about the cryptocurrency’s future.

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Peter Schiff Predicts Gold Could Soar to $100,000 as US Dollar Weakens

DIGIT — Tue, 08 Oct 2024 01:30:09 +0000

Economist and gold advocate Peter Schiff noted that if gold could rise from $20 to $2,600 an ounce, it could potentially reach $26,000 or even $100,000. He shared his views on global economic issues, including U.S. dollar weakness, China’s economic resilience, and the impact of U.S. foreign policy on national debt. Schiff warned of potential […]

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Financial Analyst Peter St Onge States Saving the Dollar Is Easy: Return to the Gold Standard

DIGIT — Fri, 16 Aug 2024 22:30:48 +0000

Peter St Onge, an economist and financial analyst, has explained his proposal to save the U.S. dollar from crumbling under the current central banking system. St Onge proposes returning to the gold standard, backing the total dollar issuance with gold at current prices and mandating the Treasury to repurchase it when it flows out. Economist […]

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Warren Buffett Sees ‘No Option’ Other Than US Dollar as Reserve Currency, but Warns Fed Can’t ‘Just Print Money Indefinitely’

DIGIT — Mon, 08 May 2023 20:49:57 +0000

Warren Buffett, CEO of Berkshire Hathaway and one of the most renowned investors in the market, stated that he saw no viable option to become the world’s reserve currency besides the U.S. dollar. However, he warned about the dangers that printing too much money could bring to the strength of the currency in the future. […]

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As Biden Drains the SPR Down to 1984 Levels, Chinese State Media Claims US Dollar ‘Is Once Again the World’s Problem’

DIGIT — Wed, 21 Sep 2022 21:00:32 +0000

Two days ago, U.S. president Joe Biden was criticized for claiming inflation in America hasn’t increased during the past few months. “I’m telling the American people that we’re going to get control of inflation,” Biden stressed during his “60 Minutes” interview that aired on Sunday night. Amid Biden’s claims, ahead of the next Federal Reserve […]

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Fed’s Bostic Cautious About Rate Hikes as President Biden Blames Higher Prices on Covid-19 and Putin

DIGIT — Wed, 20 Apr 2022 17:30:31 +0000

As inflation continues to wreak havoc on the lives of ordinary American citizens, all eyes are focused on the U.S. Federal Reserve’s plans to fix the situation. Meanwhile, as the St. Louis Fed president James Bullard wants to aggressively hike the benchmark bank interest rate, Atlanta Fed president Raphael Bostic thinks the central bank needs […]

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‘Being a Currency and a Security Are Not Contradictory,’ Crypto Can Be Both: Monetary Historian

DIGIT — Thu, 13 Jan 2022 09:30:19 +0000

Franklin Noll, an academic and monetary historian, has asserted that crypto can be both a security and a currency. Pointing to the history of U.S. money, Noll argues that being both a currency and a security is, in fact, not contradictory. The ‘Infamous’ Continental Dollar Coins Franklin Noll, a U.S.-based monetary historian, has asserted that […]

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US Mayor Says Bitcoin Will Keep Rising as the Fed Continues Printing More Dollars

DIGIT — Tue, 24 Aug 2021 00:55:23 +0000

The mayor of the U.S. city of Jackson, Tennessee, explains that the price of bitcoin will keep rising as the Fed continues to print money. He believes that bitcoin is “definitely the future monetary system.” Mayor Explains Bitcoin’s Price Will Keep Rising as the Fed Continues to Print Money Mayor Scott Conger of the U.S. […]

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Venture Capitalist Proposes a Single Decentralized Crypto as a Solution to Boost Africa’s Inter-Regional Trade

DIGIT — Thu, 06 May 2021 18:00:39 +0000

South African venture capitalist, Michael Jordaan, recently suggested that a single decentralized cryptocurrency may be the solution that brings great benefits to inter-regional trade and investment in Africa. According to Jordaan, who is also the former CEO of one of South Africa’s leading banks, FNB, such a single African currency “would go a long way […]

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The Global Economy Comes Before Savers: ECB President Christine Lagarde Defends Negative Interest Rates

DIGIT — Tue, 27 Apr 2021 04:30:05 +0000

The European Central Bank President Christine Lagarde is keeping the central bank’s monetary easing policies unchanged according to her statements from a press conference last Thursday. Moreover, the central bank’s Twitter account recently shared a video of Lagarde defending negative interest rates, as the bank’s President stresses that they “support companies and people in the […]

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