Venezuelans Remain Skeptical After President Maduro Raises Petro’s Value
Venezuelan President Nicolas Maduro’s move to increase the price of the petro, the country’s oil-backed cryptocurrency, has sparked intense debate. Experts and tech-savvy Venezuelans alike are less than enthusiastic...
Back to Basics: What Is Money?
Our current economic system can be compared to a merry-go-round that has us consuming, trapped in debt and spending as quickly as we earn. What is fiat currency? Why do...
Bitcoin Halving Approaches: Less Than 400 Days Until Block Reward Subsidy Is Cut in...
According to current statistics, the Bitcoin network is fewer than 56,000 blocks away and less than 400 days away from the next reward halving. After the next halving, the...
Cryptocurrency Adoption Rising in Iran as Government Mismanages Economy
Iran is toying with the idea of lopping zeros off its national currency as inflation goes through the roof. History tells us this is rarely a good idea. Cryptocurrency...
Survey Shows 77% of Americans Are Concerned About Rising Inflation, Prices for Goods Are...
Since well before the Covid-19 outbreak was found in America, the U.S. Federal Reserve invoked a number of monetary easing policies. Then throughout 2020, the central bank created a...
US Consumers Expect Inflation to Continue Rising Sharply According to the Fed’s Latest Survey
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...
$9 Trillion in Stimulus Injections: The Fed’s 2020 Pump Eclipses Two Centuries of USD...
Since September 2019, research shows the Federal Reserve has pumped over $9 trillion to primary dealers by leveraging enormous emergency repo operations. A recently published investigative report shows the...
Crypto May Expertise Extra Fiat Inflow; Right here’s Why
The worldwide financial system faces a brand new sequence of utmost rate of interest reductions, doubtlessly driving the demand for extra unstable crypto property. With fiat property racing towards...
