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IMF’s Christine Lagarde says “disruptors” like cryptocurrencies must be monitored to maintain system stability

Christine Lagarde, Managing Director and Chairwoman of the International Monetary Fund, recently spoke about the involvement of big tech companies in the cryptocurrency space and how this will affect the banking system, in an interview with CNBC at the IMF Spring Meetings in Washington. дальше »

2019-4-11 18:00


Stock Market Looks Recession-Proof, So What’s Holding Back the Dow?

The Dow Jones Industrial Average held relatively steady on Wednesday. According to Goldman Sachs, the US stock market recovery is unlikely to run into a recession anytime soon. If that’s the case, what’s holding back the Dow? Strategists Spar over Recession Risk and Dow Danger On Wednesday, the International Monetary Fund (IMF) slashed its outlook of the global economic growth rate from 3. дальше »

2019-4-10 20:59


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Fund Manager: Bitcoin Becoming a Hedge Against ‘Irresponsible’ Banks

Fund manager Travis Kling believes that more people are becoming open to the idea of Bitcoin being a haven from central banks’ “irresponsible” monetary policy. Bitcoin is Becoming a Safe Haven Travis Kling, chief investment officer at Ikigai Asset Management, believes that more people are becoming open to the idea of Bitcoin being a haven from uncertainties in the mainstream market. дальше »

2019-4-8 17:00


What is MMT and Why Is It Causing A Stir in America?

At a time when some market observers are increasingly of the opinion that America may be heading toward a recession, a fringe financial theory is starting to make its way around Washington DC. Pushed by bipartisan support from prominent politicians like Alexandria Ocasio-Cortez and – some would argue Donald Trump himself – Modern Monetary Theory (MMT), which has hitherto been regarded as a borderline lunatic idea is making a serious comeback into the political and economic conversation. дальше »

2019-3-19 14:11


AOC’s ‘Grotesque’ Economic Plan is Just a Ripoff from Obama

Earlier this week, former Barack Obama adviser Larry Summers called Alexandria Ocasio-Cortez’s spending proposals “dangerous. ” Obama Adviser Summers: Ocasio-Cortez Plan ‘Dangerous’ for US Economy Summers, who was once the chief economist at the World Bank, told CNBC that advocating to run up the national debt – as Ocasio-Cortez and Bernie Sanders have – and let the Federal Reserve endlessly monetize the debt by “printing” more money to acquire Treasury securities is not a “realistic calculus. дальше »

2019-3-8 22:57


The Financial Future Of Decentralized Monetary System In The Coming Years Will Be Profound

The Future Of Decentralized Monetary System In The Coming Years Handling money and financial transactions have evolved in the wake of civilization and technological advancement. In the early times, the safety of one’s assets can be guaranteed in how discrete the holder of such an asset is in keeping them. Before the establishment of banks, […] дальше »

2019-2-21 01:24


Crypto Traders’ Long-Term Bitcoin Short Contracts See Uptick in Closures Signaling the Bottom is In?

It seems that those who shorted Bitcoin when it was reaching its all-time high at $20,000 are cashing out now. Bitcoin has been traded between $3,250 and $4,100 during the last few months. This comes just a few weeks after Mark Dow, a former International Monetary Fund (IMF) economist, cash out his short contract on […] дальше »

2019-2-13 19:58