Janet Yellen Knows Nothing about Rates or Monetary Theory
Janet Yellen caused a mini-meltdown in stock markets recently when she said ‘interest rates will have to rise somewhat’ to keep the economy from overheating and to keep a lid on inflation.
Special Drawing Rights as a Form of Money — IMF Issues New SDRs
Special Drawing Rights as a Form of Money — IMF Issues New SDRs
The International Monetary Fund (IMF) can print a kind of ‘world money’ called the special drawing right. IMF is now moving quickly to issue new SDRs to help reliquefy the world in the wake of the pandemic panic and recession…
Central Bank Digital Currencies as a Form of Money — CBDC Potential
Central Bank Digital Currencies as a Form of Money — CBDC Potential
CBDCs will be digital only; there won’t be any paper money or cash allowed. Balances can be held in digital wallets or digital vaults without the use of traditional banks.
Bitcoin: Future Money or Just a Bubble?
Bitcoin: Future Money or Just a Bubble?
Bitcoin has spiked in value from US$7,000 per coin to US$60,000 per coin over the past year. The price may well be higher by the time you read this.
Gold: The Forgotten Money?
Gold: The Forgotten Money?
The moment gold is waiting for draws near. In its store of value role, gold is poised for major gains in response to the rise of inflation expected in 2022 and later…
A New Phase Called ‘Money Wars’ Has Begun — CBDC Currency
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…
