316 Articles 1 Followers
1 Nov 2020 3 minute read 3 comments Simplify Crypto
In last week's article, we talked about how inflation removes purchasing power from the money we keep from year to year. This mechanism was created to encourage people to spend their money, to make the money movement put the economy to work and the s...
30 Oct 2020 4 minute read 4 comments Bit Brain
This started as a Tweet. Then it grew a little. Then it grew a little more. Now here we are… As the “Musings” in the title suggests, this little monologue is entirely off the top of my head – unapologetically raw in its lack structural planning or fo...
29 Oct 2020 1 minute read 2 comments Juan Molina
Today 10/29/2020, there was once again an increase in the price of the dollar with respect to the national currency of Venezuela the "Bolivar", placing the exchange rate at 1USD = 540,149.73 Bs. This increase represents a rise of 35.37% compared to...
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...
27 Oct 2020 1 minute read 0 comments Kamend1
I recently came across an interview with Professor Fama: https://themarket.ch/english/inflation-is-totally-out-of-the-control-of-central-banks-ld.2476?mktcid=smsh&mktcval=LinkedIn While he is not discussing crypto and Bitcoin as a separate asset clas...
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...
12 Oct 2020 1 minute read 3 comments Simplify Crypto
If so, the American people who guard their country's FIAT are 22% poorer. In a way, then, the dollar-backed economy, too. A recently published investigative report shows that the US Central Bank printed more than 22% of all existing US dollars in 202...
10 Oct 2020 3 minute read 2 comments Simplify Crypto
Federal Reserve Chairman Jerome Powell on Thursday in a speech at a meeting Jackson Hole Annual Economic Symposium, announced significant changes in the Fed's inflation strategy, saying it is willing to allow a higher-than-normal rate to support the...
7 Oct 2020 1 minute read 11 comments tvlachak
Issue 26.1 / October 7, 2020 Personal Finance A short video by the International Monetary Fund explaining inflation. Morgan Stanley hypothesizes the impact of super saving versus economic deceleration. The United States Federal Reserve and the Europ...
23 Sep 2020 1 minute read 0 comments Abhimanyu Krishnan
Microstrategy CEO Michael Saylor, in an interview with Bloomberg on September 22, said that the firm’s $400 million in Bitcoin (BTC) holdings could be “liquidated at any time.” Saylor believes that Bitcoin is less risky than both gold and cash, and...
