Quantitive Easing – DIGIT INFO

QE Begins to Slow — Federal Reserve Reveals Winding Down of Corporate Bond Purchases

DIGIT — Thu, 03 Jun 2021 13:30:11 +0000

On Wednesday, the U.S. Federal Reserve announced it would be winding down its corporate bond purchases and selling part of its portfolio. The central bank plans to start with exchange-traded funds and then move on to bonds as the Fed insists “sales will be gradual and orderly.” Federal Reserve Starts to Unwind QE All eyes […]

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White House Defends Trillion-Dollar Stimulus While Jamie Dimon and Larry Summers Warn of Runaway Inflation

DIGIT — Thu, 27 May 2021 16:30:39 +0000

On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning rising inflation and low-interest rates. Inflation has risen at unprecedented levels in the U.S. and the average American’s purchasing power is growing less powerful. Now critics like JPMorgan Chase CEO Jamie Dimon and American economist Larry Summers have blasted […]

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US Dollar Drops to a Three-Year Low, Greenback Could Dip 10% Lower, Fed Still Not Ready to Taper QE

DIGIT — Thu, 20 May 2021 16:40:53 +0000

America’s currency has been flirting with lows again, as the U.S. Dollar Index (DXY) dropped to a low of 89 on Tuesday and the following Thursday. This is the third time since April 2018, the DXY has been this weak, and some analysts think the currency could drop even lower. US Dollar ‘Is a Bit […]

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Analysts Question Gold’s Safe Haven Status – 2008 Data Shows Central Banks Oversaturated Bullion Markets

DIGIT — Tue, 17 Mar 2020 15:20:52 +0000

After bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark rate by 100 bps, but gold prices subsequently dropped below $1,500 per ounce hours later. The current sentiment has led people to question why gold […]

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IIF Report Predicts Global Debt Will Reach New All-Time High of $257T in 2020

DIGIT — Wed, 15 Jan 2020 09:13:44 +0000

Global debt records were broken in 2019, but that likely won’t be the end of such ominous economic milestones, the Institute of International Finance (IIF) predicts. The number could reach $257 trillion sometime in Q1 2020, according to a recent report by the group. Economies worldwide are struggling to address pressing issues such as stimulation […]

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Federal Reserve Considers Creating a Separate Entity for Cash Injections

DIGIT — Wed, 08 Jan 2020 19:30:54 +0000

While American President Donald Trump wages war with Iran, the U.S. Federal Reserve has continued to inject fresh capital into the hands of private banks by giving them $100 billion in overnight and 14-day repos on Tuesday. The same day, Rabobank strategist Philip Marey predicted the central bank will reduce interest rates to zero in […]

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More Filthy Fiat: Two Dozen Central Banks Ramp up the Printing Presses

DIGIT — Tue, 29 Oct 2019 22:30:50 +0000

The global economy seems to be heading toward a financial crisis fueled by central planners that could devastate markets worldwide. This year onlookers are witnessing the largest synchronization of central banks printing massive amounts of fiat or participating in other forms of stimulus. The central banks’ easing policy hasn’t been this colossal in nearly two […]

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Global Crisis Looms as IMF Report Cites Its Own Policy as Dangerous

DIGIT — Fri, 18 Oct 2019 09:25:13 +0000

In a new report by the International Monetary Fund (IMF) entitled “Global Financial Stability Report: Lower for Longer,” the group gives an overview of the current debt-ridden and precarious state of affairs in global economics. Not lost on some economists, however, is the irony that these modern realities are the direct result of policies historically […]

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The Fed Plans to Inject $60 Billion per Month Into the Economy

DIGIT — Mon, 14 Oct 2019 23:30:46 +0000

On October 11, the U.S. Federal Reserve explained that it would inject more easing into the economy by purchasing Treasury bills at an initial $60 billion per month for the next two months. The purchasing rate could decrease or increase, but the central bank expects the easing plan to last until at least Q2 2020. […]

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Smokescreens and Mirrors: How Does a Country Do an ICO? They Call It QE

DIGIT — Thu, 22 Aug 2019 16:21:08 +0000

Financial regulators all around the world have been cracking down hard on ICOs for promising more than they can deliver. At the same time governments and central banks are pulling off far worse scams, such as QE, wiping out the savings of everyone that depends on them. To hide this fact they use obscure economic […]

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