Latest Posts with Federal Reserve tag

Federal Reserve

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How Does The Federal Reserve Really Work?

15 Mar 2021 6 minute read 10 comments MintDice.com

As an American citizen, or someone who is knowledgeable about American economics, it can be difficult to imagine the country without the United States Federal Reserve. But did you know the Federal Reserve is only about one hundred years old? And that...

I test positive for Bitcoin

27 Mar 2020 3 minute read 6 comments paragism

Cover Image Source – Digitally modified by the author “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” - Henry Ford Bitc...

Former Federal Reserve Governor Thinks Bitcoin Makes Sense in Current Environment

7 Jan 2021 1 minute read 1 comment Abhimanyu Krishnan

Former United States Federal Reserve Governor Kevin Warsh believes that Bitcoin "makes sense" in the current economic situation, particularly to younger investors. Warsh was interviewed on CNBC’s Squawk Box on Jan. 6. When asked whether he was “on b...

US Federal Reserve Examining Digital Dollar Currency

14 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

United States Federal Reserve Board Governor Lael Brainard on August 13 said that the central bank was experimenting with distributed ledger technology (DLT) and looking into the possibility of a digital dollar. In a speech titled “An update on digi...

FED Chairman Admits the Institution Prints Money Digitally

18 May 2020 1 minute read 2 comments Jeremy Wall

Sunday, May 17, 2020: Federal Reserve Chairman, Jerome Powell, said in an interview with 60 Minutes (the oldest and most-watched newsmagazine on television), that the Federal Reserve simply prints money digitally and will continue to do so as long as...

Bitcoin Bounces Back to $9.5K Amid New FED Announcement

16 Jun 2020 1 minute read 0 comments Abhimanyu Krishnan

Bitcoin (BTC) has rallied back to $9500 levels following a Federal Reserve announcement on June 15 that it would buy up to $250 billion in individual corporate bonds.  Source Bitcoin, which had dropped to ~$8900 less than 24 hours ago, appeared to r...

Robert Kiyosaki Bets on $75K Bitcoin by 2023

18 May 2020 1 minute read 0 comments Jeremy Wall

Robert Kiyosaki, author of the popular personal finance book series, “Rich Dad, Poor Dad”, proclaimed that Bitcoin will surge to $75,000 as the US economy dies amid the global pandemic. In a viral Tweet, Kiyosaki revealed that he’s buying more gold,...

Teh Collapse of Antiquated Society, pt. 1

10 Oct 2020 1 minute read 2 comments cMasta

I've been psyching myself up for my first $1000+ investment for about a week now, and it's looking now like the time is nigh. However much cash the Federal Reserve recently minted, we know that it is significant relative to the amount of money that w...

Federal Reserve System Decision That Can Impact Your Investments

17 Sep 2020 3 minute read 1 comment Rubikkav

As wrote Infomoney, Fed maintains interest rate and sees rate close to zero at least until 2023. The meeting was the first after the official announcement of the change in the US monetary policy framework Low Interest The Federal Open Market Committe...

Did Fed Chair Powell Hint That Stablecoins Like USDC will be Used in the Transition to CBCDs? $ALGO $XLM $USDC

20 Oct 2020 1 minute read 1 comment Aware1

There has been a lot of news about recent statements made by Federal Reserve Chair Jerome Powel in regards to the creation of a digital dollar, most notably his quote that, "I think it's more important for the United States to get it right than it i...