Central bankers and bureaucrats are seizing on recent turmoil in cryptocurrency markets to push aggressively for central bank digital currencies (CBDCs).
Who cares that inflation is killing the American economy and mothers can’t even get baby formula. For Washington, spending on war and empire always seems to trump America’s interests.
What’s more, Wall Street lenders just might survive inflation. They probably wouldn’t survive mass defaults. And if there is any certainty in this uncertain world, it is that the Fed will look out for the banks.
During the Roaring Twenties would anyone have believed you if you told them about the depression and the dust-bowl years that were soon to come? Would they have believed their celebratory excesses..
Russia currently ranks as the world’s third-largest producer of diesel, behind the US and Saudi Arabia, and used to send significant amounts to the European market; the UK, for example, relies..
With policymakers clamoring to contain inflation, raising the FFF rate, T-bonds/notes/bills have not offered the traditional safe haven, suggesting a more potent panacea may be..
Once again it is evident that the BIS remains an active trader of significant volumes of gold swaps on a regular basis, and the recent data suggests that a downward trend in the bank's swaps has begun.
