You can call it the Currency Cold War, and it’s taking place between the world’s two biggest economic superpowers: China and the United States. Right now, China is waging a digital currency battle against the primacy of the U.S. dollar, which is struggling to maintain...
The digital euphoria has been a controlled experiment all along. The Bankers told us a chosen World Currency was coming in 1988 on the Economist Magazine cover. Now that President Nayib Bukele of El Salvador was ‘allowed’ to start using Bitcoin as a...
Shanghai on Wednesday night released the names of nearly 700 shops that support digital currency pilots, including major commercial circles such as Xintiandi, Yu Garden and Nanjing Road near the Bund. The pilot program aims to pave the way for establishing a digital...
The increase in the growth rate of the Consumer Price Index (CPI) has fueled concerns that if the rising trend were to continue the Fed is likely to tighten its interest rate stance. Observe that the yearly growth rate in the CPI climbed to 4.2 percent in April from...
The pace at which conditions are changing is catching a lot of people off guard. Here in the United States, we have been in a reported low inflation environment for most of the past four decades, and so many Americans don’t even have a frame of reference for what a...
The Federal Reserve has added $2.6 trillion to the US economy since the start of 2020. These actions, along with recent fiscal spending programs, have caused many economists to worry about the risks of price level inflation and overheating of the economy, potentially...
Let the record reflect: sound money still matters. The tremendous fiscal, monetary, and social interventions throughout 2021, in addition to what appears to be the long-posited return of inflation, are fueling a resurgence of interest in gold and silver....
As small businesses complain that it has never been harder for them to hire workers according to a recent NFIB survey, many are facing growing pressure to survive. The American economy is set to continue to reopen this summer. Some fear it might not happen soon enough...
There is no question that large corporations absolutely dominate our society today. They control what we eat, they control what we watch on television, they own most of the stores that we shop at, they provide the energy that our nation depends upon, and they make...
You can mark May 20, 2021 on your calendar. This is the day that changed everything for money. The Federal Reserve issued a news release, featuring a video from central bank chief Jerome Powell. It captured headlines because it consisted of how the Fed Chair is...
The U.S. Dollar has been King for over 80 years. That officially ends this decade! China’s reinvention of money, ‘Digital Yuan’, has given them the first mover advantage. Every Government has to adjust or be left behind.
Find out why in this special report!
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