ECB

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Weekly Outlook

19 Oct 2024 5 minute read 0 comments Perfectionist25

  The ECB has cut interest rates for the first time in 13 years at two consecutive meetings, reducing the benchmark deposit rate by 25 basis points to 3.25%, the lowest level since May 2023. The ECB also reduced the main refinancing rate from 3.65% t...

Weekly Outlook

6 Oct 2024 5 minute read 0 comments Perfectionist25

In Europe, falling inflation figures and poor labor market sentiment have led markets to raise the probability of a rate cut to 90% this month. The Fed’s lack of haste to cut rates and the increasing likelihood of a 25 basis point rate cut, along wit...

Morning JAVA: Bank Of Canada + ECB First Of G7 To Cut Rates

6 Jun 2024 3 minute read 0 comments SweptOverNiagara

I've been so busy around the house lately that I neglected my blog for a whole month. Central Banker news in the last 24 hours though, was something I just had to pass on to my readers. It's so important to keep track of their shenanigans as it affe...

Beyond Zero Value: Counterarguments to the ECB's Dismissal of Bitcoin's Fair Price

23 Feb 2024 5 minute read 2 comments Gryphonboy

Bitcoin's potential and risks have been hotly debated since its emergence 15 years ago. While proponents see it as the future of money, replacing traditional currencies, others view it as a speculative bubble with no intrinsic value. The recent appro...

They Say Bitcoin's Dead... But Look What Happens When They Attack It!

22 Feb 2024 1 minute read 2 comments Bfab

The European Central Bank (ECB) just threw some major shade at Bitcoin, calling it a "house of cards" and predicting its inevitable collapse. But here's the twist: instead of crashing, Bitcoin is actually PUMPING! That's right, the more FUD they spre...

EU central bank chief reaffirms crypto is worthless after her own son loses money

26 Nov 2023 2 minute read 8 comments Kovichni

What can you say about the former defunct IMF director and current ECB chief Lagarde? That it's an absolute buffoon that's what. I swear every time these people open their mouths it leaves me in awe at the level of degeneracy that comes out of it. Pe...

A critical eye on Digital Euro

27 Oct 2023 5 minute read 3 comments Feax21

Introduction On 25th and 26th October 2023 the European Board of Directors of ECB (European Central Bank) under the leadership of Christine Lagarde organised a meeting hosted by the Governor of the Greek Central Bank in Athens, Greece to discuss and...

0 Euro bills: Your unique chance to spend real money on fake money

27 Aug 2023 3 minute read 4 comments Kovichni

Before we even start on this one we should clarify that these 0 Euro bills in all honesty do not qualify as "fake money." Yes it is useless, yes it is valued at exactly 0 Euro, yes you can not buy anything with them and they cost (at least) 4 Euro ea...

Digital euro

17 Jul 2023 1 minute read 0 comments Ekonomistpanda

The ECB published the fourth progress report on the digital euro investigation phase. The report included basic principles such as free ease of use, economic incentives for purchasers and Eurosystem's own costs. For a detailed review, see the link be...

Funniest crypto June 23

24 Jun 2023 2 minute read 4 comments Dave Sawyer

Crypto fans, WE LOVE YOU!!! So happy to be here with your mighty Watch Army, laughing our way to a crypto future above fiat!!  warmup funnies - LItecoin is mooning ahead of the halvening!! AH ha!! What's funny lately?? There is SO MUCH good crypto n...