A New Phase Called ‘Money Wars’ Has Begun — CBDC Currency
CBDCs are not really new currencies but are new payment channels for existing currencies. The development of CBDCs enables the true elite agenda — the elimination of cash…
A Brave New World of Surveillance and Control — CBDC Crypto
A Brave New World of Surveillance and Control — CBDC Crypto
the central bank can maintain its own encrypted permissioned digital ledger of counterparties who can hold and spend the CBDC.
One Step Closer to US$1 Trillion of Newly Printed ‘World Money’
One Step Closer to US$1 Trillion of Newly Printed ‘World Money’
SDRs are issued by the International Monetary Fund. They are really world money, but the IMF likes to keep things complicated so that everyday observers can’t figure out what it’s doing…
One of the Surest Signs of a Market Top — Ready Your Vaccine Passport
One of the Surest Signs of a Market Top — Ready Your Vaccine Passport
Calling a market top or bottom is difficult. Even when you see sure signs of a bubble (they are easy to spot on price charts), there’s no assurance that the bubble won’t continue…
You Can’t Escape China’s Demographic Destiny — Inflation Is Coming
You Can’t Escape China’s Demographic Destiny — Inflation Is Coming
For the past 40 years, China has provided the greatest demographic boom in world history. Beginning in 2022, we will see the first signs of the inflationary wave. It will last for 20 years or longer…
The Tug of War Between Inflation and Deflation
The Tug of War Between Inflation and Deflation
In the US economy, there is a tug of war between inflation and deflation — and it only appears stable. This presents a conundrum most economists do not understand…
Going for the Overdose — Stimulus Reopening the Economy
Going for the Overdose — Stimulus Reopening the Economy
Too much stimulus could quickly be corrected by the Fed through rate increases. The too little stimulus might put the economy in another recession and a deflationary rut…
The Fed is Always Guessing — Explosion of Debt and Money Supply
The Fed is Always Guessing — Explosion of Debt and Money Supply
What was the Fed to make of this explosion of debt and money supply? Both were part of the environment in which the Fed was to target the real rate of interest…
The Distorted World of Prices
The Distorted World of Prices
Finance is a mirror to society, a medium through which all human activity that makes up a complex economy can be measured. The prices of goods and services, from restaurant meals to new clothes, tell us something about the supply and demand for those items. If a particular toy becomes the must-have children’s gift for […]
Rise of the (SDR) — IMF Issuing New SDRs To Help Fight Pandemic
Rise of the (SDR) — IMF Issuing New SDRs To Help Fight Pandemic
International Monetary Fund (IMF) can print a kind of world money called the special drawing right (SDR) and hand it out to the 190 countries around the world that are IMF members…
