Federal Reserve

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Is The Federal Reserve About To Enter The Crypto World?

23 Aug 2021 2 minute read 0 comments SeventyFourSeventyFive

(Ok, not the crypto world, exactly. This is about a central bank digital currency (CBDC,) but that is kinda boring so I used a little clickbait to get you here.) Should the Federal Reserve issue a CBDC? There has been a movement for the Federal Reser...

The Magic Money Machine Goes WHRRRRRRRRRRRRRR.

11 May 2021 1 minute read 0 comments SeventyFourSeventyFive

Now, I am not usually out here promoting other people’s YouTube videos, but, Adam Schiff probably breaks this down in about as simple a way as possible. Even if you do not live in the United States this will be a worthwhile watch. Simply, the idea th...

Bitcoin targets $60,000 breakout ahead of Biden spending announcement

31 Mar 2021 1 minute read 0 comments SalvatoreDP

Bitcoin held gains, bond yields rose and gold slipped ahead of President Biden's next big spending push, which could total between $2 trillion and $4 trillion. The BTC/USD exchange rate approached $60,000 in an early morning rally in Asia, driven by...

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...

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...

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...

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...

The Weekly Summary - Issue 20.2 - Personal Finance Edition

26 Aug 2020 1 minute read 14 comments tvlachak

Issue 20.2 / August 26, 2020 Personal Finance "Financial literacy is not about wealth, but about understanding money regardless of the amount. It's about how you treat it and how you maximize opportunities." — Mellody Hobson 20% of Americans have s...

Secession Updates - Kenosha, NY, Mississippi - Insiders Tighten Control, Adjust Strategy

25 Aug 2020 4 minute read 0 comments IRUUR1

NWON - Fox News was full of secession updates on Monday. Wisconsin - Wisconsin is in a struggle for the Constitution. Deep within that states bureaucracy, struggles are going on for investment capital. Wisconsin is one of those states in which the I...

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...