Yellen: US Government Default Could Trigger Recession, Impacting 66 million Social Security beneficiaries
WASHINGTON: US Treasury Secretary Janet Yellen cautioned that a potential default on government debt would…
May 17, 2023
Browsing: Economics
A Century of Inequality: How Wealth Concentration Has Increased Since WWI
t is generally true that the concentration of wealth has been on the rise since…
May 1, 2023
The Fallacy of Unbacked Credit Creation: How Fiat Economists Mislead Us on Economic Growth
In the world of economics, there are two opposing schools of thought. One is the…
April 28, 2023
Japan Insurer’s Foreign Bond Sell-Off: A Warning Signal for the Broader Market?
Japanese insurer, Tokio Marine Holdings, to sell foreign bonds and reduce its exposure to foreign…
April 18, 2023
The “Universal Monetary Unit” IMF to Launc a New Global Currency
The Universal Monetary Unit (UMU), also known as “Unicoin,” is a new “international central bank…
April 16, 2023
Why Governments are Pushing for Bitcoin to be a Commodity
In recent years, the world has seen a massive surge in interest in cryptocurrencies, with…
April 15, 2023
Bitcoin and Politics: How Do Political Ideologies Affect Attitudes Toward Bitcoin?
Bitcoin is a decentralized digital currency that operates independently of any government or financial institution.…
April 15, 2023
The Dark Side of Central Banks: How They Contribute to Wealth Inequality
Central banks are meant to be the protectors of the economy, safeguarding the financial system…
April 15, 2023
Catch-22 Situation: The Impact of Falling CPI and Lower Unemployment Rates on the US Economy
Recent reports have revealed that the Consumer Price Index (CPI) is set to drop significantly,…
April 12, 2023
“The Times” claims that “Bitcoin and Ethereum are volatile because supply is controlled by those who hold the coins”
The article titled “Bank of England beefs up plans for digital ‘Britcoin’ currency” by The…
April 9, 2023