Money Supply – DIGIT INFO

Bitcoin monthly close, fresh bullish narratives lead BTC traders to aim for new price highs

DIGIT — Sun, 29 Sep 2024 21:30:00 +0000

Bitcoin’s monthly close could reverse a 6-month-long downtrend and signal traders’ intent to push BTC price to new highs.

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Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates

DIGIT — Sun, 01 Sep 2024 00:30:52 +0000

Bitmex co-founder Arthur Hayes is optimistic about bitcoin’s future, citing recent interest rate cuts by central banks. He believes further rate cuts by the U.S. Federal Reserve, Bank of England, and European Central Bank could expand the money supply and drive inflation. Hayes argues that while inflation may negatively impact some businesses, it would benefit […]

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JPMorgan Strategist Predicts US Liquidity to Contract as Temporary Boosts Fade

DIGIT — Wed, 28 Aug 2024 06:46:11 +0000

JPMorgan strategist Nikolaos Panigirtzoglou has discussed recent changes in the U.S. M2 money supply, noting a temporary rebound following a decline in April. He expects U.S. liquidity to contract again, similar to 2022, influenced by the Fed’s ongoing quantitative tightening (QT) and slower bank loan growth. JPMorgan Strategist Foresees U.S. Liquidity Contraction Ahead Nikolaos Panigirtzoglou, […]

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Elon Musk: How Government Overspending and Excessive Regulation Fuel Inflation

DIGIT — Sun, 11 Aug 2024 00:30:05 +0000

Elon Musk, CEO of Tesla and Spacex, has expressed his view that inflation is primarily driven by government overspending, which he emphasized as “the vast majority of the problem.” He also noted that excessive regulation worsens the situation, underscoring that the issue stems from the government, not the private sector. Elon Musk on Inflation, Government […]

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Expert Warns of Possible Deflationary Depression as Money Supply Contracts: ‘Pay Attention to QT and the Money Supply’

DIGIT — Thu, 09 Mar 2023 19:30:45 +0000

During the Covid-19 pandemic, central banks such as the U.S. Federal Reserve loosened fiscal and monetary policy. Now, these same financial institutions are seemingly engaging in quantitative tightening (QT) practices. According to Nick Gerli, CEO and founder of Reventure Consulting, “the money supply is officially contracting.” This has only happened four times in the last […]

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Monetary policy: Definition, types and tools

DIGIT — Sun, 12 Feb 2023 14:15:09 +0000

Monetary policy refers to the actions taken by a central bank to manage the money supply and interest rates in an economy.

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As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created

DIGIT — Sun, 25 Dec 2022 19:30:56 +0000

109 years ago, the U.S. Federal Reserve was created and ever since that day, the purchasing power of the U.S. dollar has dropped a great deal. Since the Fed started, more than 96% of the greenback’s purchasing power has been erased via inflation. The Purchasing Power of the U.S. Dollar After the Creation of the […]

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Economists Say Fed Could Shrink Balance Sheet in 2023, Critics Insist Central Bank Hasn’t Reduced QE at All

DIGIT — Tue, 26 Jul 2022 14:15:50 +0000

With inflation soaring in the U.S., economists from monetary policy analytics and forecasting firm LH Meyer say the U.S. Federal Reserve could stop shrinking its balance sheet earlier than expected. However, critics have said the U.S. central bank hasn’t really shrunk the Fed’s balance at all, and the entity has been accused of keeping quantitative […]

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Billionaire Bill Miller calls Bitcoin ‘insurance’ against financial catastrophe

DIGIT — Fri, 27 May 2022 02:34:43 +0000

Miller said Bitcoin “functioned without the Fed and without any interference” during times of market turmoil, concluding that “it’s an insurance policy, the way I look at it.”

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Digital Euro to Handle ‘Almost Unlimited’ Payments, Estonian Central Bank Says After Test

DIGIT — Wed, 28 Jul 2021 12:00:03 +0000

A blockchain-based digital euro would be highly scalable allowing it to process an almost unlimited number of payments, the central bank of Estonia has concluded following a recent experiment. Central banks from several euro area countries and the ECB participated in the test, which also professed to show the digital currency’s carbon footprint would be […]

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