Search Results for: Tradition
China’s new digital currency
September 9th, 2019
China’s proposed new digital currency would bear some similarities to Facebook’s Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank officer said. Mu Changchun, deputy director ...
China or US?
September 9th, 2019
China has made some silly errors in its conflict with the US, reflecting the arrogance that often afflicts every state actor. But the appearance that China is being backed into a corner over Huawei, trade tariffs and Hong ...
Emerging-market stocks rose to a one-month high; South Africa’s rand rose
September 6th, 2019
Emerging-market stocks rose to a one-month high on Thursday after the United States and China agreed to a new round of trade talks. South Africa’s rand rose for a third straight day on optimism about its economic growth. The ...
U.S. stocks advanced; Shares in Hong Kong leaped the most since 2018; Euro to Dollar gained
September 4th, 2019
U.S. stocks advanced as a broad easing of risks across the globe gave investors a reprieve. Treasuries and the dollar declined. The S&P 500 rebounded from Tuesday’s losses along with European and Asian shares as political tensions appeared to ...
Negative interest rates and gold
August 30th, 2019
The reason for persistent strength in the price of gold can be found in the changing relationship between time preference for monetary gold, and a new round of interest rate suppression for the dollar. Evidence mounts that the ...
Our costly dalliance with Lord Keynes
August 28th, 2019
In “The General Theory of Employment, Interest and Money”, Keynes virtually created macroeconomics. But Keynes was a mathematician, not an economist, and did not fully understand free markets, so he was hardly qualified to emerge as the most ...
Russian bitcoin theft suspect sued for $100 million by US
July 29th, 2019
Digital currency exchange BTC-e and one of its owners, a Russian whose extradition the US is seeking from Greece to face criminal charges, now face a civil lawsuit in California The US is attempting to recover penalties of $100 ...
Bitcoin vs Libra
July 22nd, 2019
Bitcoin vs Libra: Here are the key differences between the two cryptocurrencies Libra and bitcoin are different in a lot of ways, from the technology behind them to the way they’re used. CNBC runs through the key differences between ...
The financial war escalates
July 3rd, 2019
Behind the scenes, the financial war between America and China is escalating dangerously into a war to secure global financial resources. At a time of growing liquidation of dollar assets by foreigners, the US Treasury’s internal analysis will highlight ...
For those who don’t understand inflation
June 14th, 2019
This article is a wake-up call for those who do not understand the true purpose of monetary inflation, and do not realise they are the suckers being robbed by monetary policy. With the world facing a deepening recession, monetary ...
