Central Bank

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CBDC News: New Zealand Launches Digital Dollar Stablecoin

29 Nov 2023 1 minute read 0 comments KHubbard

  On November 22, 2023, Labrys and Easy Crypto launched a New Zealand Digital Dollar that will be backed 1:1 with cash in trust and regulated by the New Zealand Financial Markets Authority. An August report commissioned by the New Zealand’s parliame...

Today’s Federal Reserve: A Faith-Based Organization

31 Oct 2023 6 minute read 2 comments MarkHelfman

The Fed, the US’s central bank, will soon meet to decide what to do about interest rates. While nobody expects a rate hike, the Fed says people still have too many jobs and make too much money. It needs to “drain liquidity” and “weaken the labor mark...

XRP, future trend will be positive? Uncertainties and plans

22 Sep 2023 2 minute read 1 comment MrBicci

  Ripple (XRP) will play a key role in instant payments, what the Fed thinks:     Within the FedNow system, the Federal Reserve's internal division, completely dedicated to instant payments, has been launched. This news sparked strong interest in th...

U.S. National Debt Surpasses $33 Trillion

19 Sep 2023 4 minute read 9 comments SweptOverNiagara

About a year ago, I wrote in a post that Americans would start taking notice in earnest regarding the ever ballooning national debt, once the interest payments alone surpassed $1 Trillion. I forecast we would see this number by the end of 2023 as the...

Fed, you will cause the dollar to collapse in 2024?

18 Sep 2023 2 minute read 0 comments MrBicci

  Interest rates, but where will we end up? The central banks let's repeat it are aiming to keep rates high for as long as possible and unimaginable and of which we are now used to in this historical period. What we are learning about, however, is t...

The danger for the Eurozone of not being competitive

15 Sep 2023 1 minute read 1 comment MrBicci

  Interest rate according to the BCE The BCE raises interest rates for the tenth time in recent modern times, but what is actually behind this umpteenth hike. This effect has drastic and fundamental consequences in ordinary citizens, the so-called l...

Japanese Yen Hits Record Low Against Gold

15 Sep 2023 4 minute read 0 comments SweptOverNiagara

Over the last couple of years, gold has hit record highs against all currencies. Countries with depreciating currencies were hardest hit. As an example, Canadians paid $1525.30 per ounce of gold on October 1, 2018. This morning, as of writing, that s...

Central Bank Gold Buying Spree Not Slowing Down

8 Sep 2023 4 minute read 0 comments SweptOverNiagara

It's not a secret anymore that central banks around the world (except Canada's) have been on a roll for the last couple of years buying up huge amounts of gold. Reports are coming in that the gold buying spree has continued unabated through summer. I...

Central banks and decentralization - my current work in progress

2 Sep 2023 1 minute read 2 comments Vladan Lausevic

Dear all Publish0xers :)  I have written a policy paper for African Institute for Decentralised Finance and Blockchain (AIDBLOCK) regarding cryptocurrencies and international financial institutions such as the IMF, BiS, and G20.  At the moment, I am...

Central Bank Digital Currencies (CBDCs) — A Tool for Big Brother’s Sway or Just a Cool New Way to Pay

22 Aug 2023 4 minute read 13 comments StealthEX

According to the latest report, digital currency transactions are expected to explode in the near future. The technology’s supporters point to increased convenience, while its opponents worry it will give the government too much power and erode priva...