Dollar

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The dollar at a vulnerable low point in history

30 Dec 2020 2 minute read 0 comments Bitcoin Babaji

The Fed have undergone the most aggressive money printing in history this year. The problem is that more important than supply is the velocity of money. People are saving due to current affairs, so money simply isn’t circulating as much as it should....

Stock Markets vs. Bitcoin Today, Which portfolio won today? 12/7/2020

7 Dec 2020 3 minute read 0 comments LillyLane

12/7/2020 Stock Markets vs. Bitcoin today!  Which portfolio won? Hello my name is:  Lilly, some friends call me Lilly V. and I am a trading addict. LOL      The S&P closed lower today which is no surprise from the record high on Friday.  The market h...

Financial vs. Formal Dollarization

6 Dec 2020 1 minute read 0 comments Juan Molina

Image Source   The economy of Venezuelan citizens has not only been forcibly alienated by US dollars, but also by currencies from other countries. In cities in the border states, the use of foreign currencies is a day-to-day situation. On the border...

Taxes and New Economic Measures.

2 Dec 2020 1 minute read 0 comments Juan Molina

Source On November 25, 2020, the Vice President of Venezuela announced a set of economic measures that seek to strengthen the national currency, El Bolivar (Bs). These measures, which I will describe below, have a tax and authoritarian origin, so in...

What is Most Valuable For You? Crypto or Dollars?

28 Nov 2020 1 minute read 2 comments CoinSteps

Everyone who is into crypto space, gives great weight to prices of cryptocurrencies connected with the dollars price. But is that equivalent so important for the crypto space?  Most of you are satisfied when the price of Bitcoin or altcoins goes up,...

Venezuelan Banking System Dollarization Process

20 Nov 2020 2 minute read 0 comments Juan Molina

Image Source In this article, I will talk about the "Venezuelan Banking System Dollarization Process". For this, I will analyze the initiative taken by the National Executive through the Central Bank of Venezuela (BCV), where it is proposed to estab...

Ant Group : The biggest IPO stopped!!!

10 Nov 2020 1 minute read 0 comments hurri23

What could be better for your first article than to start with a top financial topic. China suspends the biggest IPO in the world !!! The $ 37 billion IPO of Ant Group, the financial group of the Alibaba company, was scheduled to take place on Novem...

Where You Should Have Put Your Dollar

29 Oct 2020 1 minute read 3 comments jimstew

The US Dollar’s value is shrinking. Here is the difference in one year. Positive percentage numbers indicate that those items would cost that much more in September 2020 than they did in September 2019, (except the treasury yield numbers indicate a r...

This is what the UK thinks about Covid-19 - Ref: YouTube

25 Oct 2020 3 minute read 8 comments XTRM™

It's certainly been a long year - 2020 has surpassed all known historical records of human and social insanity - from social disorder, violence and protests of the Black Lives Matter (BLM) - now with name change to Black Lives Movement, to the now gl...

U.S. Government Debt At $26 Trillion – Implications

22 Oct 2020 1 minute read 5 comments faisalhk786

The government debt in the United States has continued to increase in the last few decades. As of September 2020, U.S. government debt was at $26 trillion. Debt as a percentage of GDP has surged to 136%. As the chart below shows, U.S. government debt...