inflation

320 Articles 1 Followers


Let there be ink! US government prints over 22% of all US dollars in 1 year

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...

THE MOST FLEXIBLE INFLATION OF THE FED

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...

The Weekly Summary - Issue 26.1 - Personal Finance Edition

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...

Microstrategy CEO Says He Could Liquidate $200M in Bitcoin Holdings At Any Time

23 Sep 2020 1 minute read 0 comments author_nan

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...

Jim Cramer to Pomp: I am Fixated On Needing to Own Crypto

16 Sep 2020 1 minute read 4 comments author_nan

Mad Money host Jim Cramer has changed his stance on Bitcoin and cryptocurrencies, revealing on Anthony Pompliano’s podcast on September 14 that he now thinks that “gold is dangerous” and that he needs to own crypto. Cramer told Pompliano that the re...

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...

Printer going BRRRR In Brazil - Signs of Inflation

16 Aug 2020 1 minute read 1 comment Mamaecrypto

The Brazilian Central Bank recently announced that it has created a NEW $200 Real Bill, which will go into circulation by the end of August 2020. Up to this month and since the introduction of the Real Currency on June 1st, 1994, the highest valued c...

The Weekly Summary - Issue 18.4 - Personal Finance Edition

14 Aug 2020 1 minute read 6 comments tvlachak

Issue 18.4 / August 13, 2020 Personal Finance As the U.S. government circulates more money, it may trigger a rise with inflation. The nine states seeing the worst unemployment rates. Retirement mistakes to avoid. Stop spending time and money collect...

Throwback Thursday #TBT - How does Bitcoin perform as a hedge against inflation?

6 Aug 2020 1 minute read 19 comments CryptoWordsmith

I have previously posted about various topics to this platform, including about current events, but I feel that my best-received posts are ones that are original and feature my own perspective. Although this analysis of mine was nested within one of...

Heals Act / Cares Act: Round Two

1 Aug 2020 5 minute read 0 comments MintDice.com

On July 25th, 2020, many of the monetary previsions for companies and individual Americans established in the Cares Act (which passed in March of the same year) expired. This has left many Americans on the edge of their seats as they wait to find out...