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Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 Trillion
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New York Fed’s Consumer Inflation Report Expects US Inflation to Hit 5.2% by Next Year
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US Consumers Expect Inflation to Continue Rising Sharply According to the Fed’s Latest Survey
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6 Stimulus Packages Have Been Proposed to Provide Second Direct Payments to Americans
Six stimulus packages have been proposed to provide second stimulus checks for Americans. The latest proposal came from the White House on Friday. Several stimulus bills are being discussed as Americans hope to soon receive another round of direct payments to help them through the coronavirus pandemic-led economic crisis. 6 Stimulus Packages Proposed With Second […]
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Fed Chairman Claims ‘Now Is Not the Time’ to Worry About the Federal Budget
According to the Federal Reserve Chairman, Jerome Powell, the road to economic recovery is far from over and the Covid-19 pandemic has fueled the tragedy. During his speech at the National Association for Business Economics annual meeting, Powell highlighted that the federal budget was essentially a disaster, but stressed that “now is not the time […]
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Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year Low
Central banks worldwide have injected further stimulus into the economy, as European Union (EU) leaders recently approved a $2.1 trillion budget, the Bank of England boosted stimulus injections in mid-June, and the Federal Reserve announced on Wednesday that it would keep lending until the end of the year. Meanwhile, bank indexes show that financial institutions […]
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EU Leaders Approve $2.1 Trillion Budget, US Lawmakers Expect Another Round of Covid-19 Relief Money
The world’s bureaucrats have been on a money creation spree and on July 21, the European Union approved an unprecedented $2.1 trillion coronavirus relief budget. Additionally, American leaders are in the midst of approving a new stimulus relief act amid July’s unemployment extension benefits expiring. Reports say that the estimated $3 trillion HEROES Act will […]
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Generations of Debt: US Taxpayers Held Liable for Federal Reserve’s $6.9 Trillion Balance
The central banking system in the U.S. and the country’s megabanks have manipulated the economy for quite some time and these days, the coronavirus has been a great excuse to create trillions for stimulus. A recent report from the analysts at Wall Street on Parade indicates that American citizens could be responsible for 98% of […]
The post Generations of Debt: US Taxpayers Held Liable for Federal Reserve’s $6.9 Trillion Balance appeared first on Bitcoin News.
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Trillions of Dai Required in Future to Maintain Maker’s Current Value
Crypto analysts AlfaBlock claim that the MakerDAO protocol will need to host several trillion Dai by 2040 to maintain its current market capitalization.
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