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The article is highly dismissive in presenting what it describes as "the non-case for central bank cryptocurrencies," concluding that "a central bank will not issue cryptocurrencies in the sense of a truly decentralized and permissionless asset
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The ten year U.S. Treasury Bonds rose above 3% for the first time since January 2011. The main reason is speculation that the Fed will seek an increasingly aggressive rise in interest rates. Yields rose as Fed officials talk of raising interest ra
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Government central planners at the Federal Reserve, and everywhere else, all suffer from "physics envy." They seek to model the un-modelable. Ron Paul discusses why the central planners always have, and always will, fail spectacularly.
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The current president and chief executive officer of the San Francisco Federal Reserve Bank, and the man expected to soon be the New York Federal Reserve Bank, John Williams, has rejected the suggestion that cryptocurrencies comprise currency.
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A few days ago, Neel Kashkari, president of the Minneapolis Fed, told an attendees at an event at Howard University that Wall Street is "forgetting the lessons of the 2008 financial crisis":
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In his latest podcast, Peter Schiff said we are basically enjoying the calm before the storm right now.
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In his latest podcast, Peter Schiff said we are basically enjoying the calm before the storm right now.
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While Philly Fed's headline index marginally beat expectations, under the hood, things are not so promising as Prices Paid surged to 7 years highs and Prices Received did not (crushing margins).
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While President Donald Trump celebrates gains in the economy as job numbers rise, a prominent banking executive is warning investors that the Federal Reserve may have to take "drastic action" to combat massive inflation that is to come.
