We Have Never Seen A Home Buying Frenzy Quite Like This

We Have Never Seen A Home Buying Frenzy Quite Like This

Mar 30, 2021 | Economy

Could you imagine listing your home for sale and having nearly 100 offers in just three days?  This sort of thing is actually happening in hot real estate markets all over America right now. Even though we are in the midst of the worst economic downturn since the...
FinCEN Wants Americans To Report Digital Assets Over 10k+

FinCEN Wants Americans To Report Digital Assets Over 10k+

Dec 31, 2020 | Economy

The Financial Crimes Enforcement Network also know as FinCen, the U.S. Treasury Department wing tasked with monitoring potential legal violations of domestic financial laws, wants Americans to report if they have more than $10,000 in cryptocurrencies with foreign...
A Digital Dollar Is No Match for Bitcoin

A Digital Dollar Is No Match for Bitcoin

Dec 29, 2020 | Economy

“The U.S. needs a digital dollar… The U.S. dollar has to keep earning that place in the global payments system. It has to be better than Bitcoin… it has to be better than a digital yuan.” These are the words of Senator Tom Cotton during a recent Senate Banking...
Central Bank Digital Currency: A Primer

Central Bank Digital Currency: A Primer

Dec 29, 2020 | Economy

There has been a lot of talk about central bank digital currency (CBDC) recently, as central bankers around the world are discussing the possibility of launching their own CBDCs. Some of the problems of CBDCs have been pointed out already (see, e.g., here and here),...
What’s Inside The $900BN Stimulus BIll?

What’s Inside The $900BN Stimulus BIll?

Dec 21, 2020 | Economy

With the latest, $900 billion covid-stimulus deal now done (which unless the Democrats win the Georgia Senate runoffs in 2 weeks will be the final covid stimulus bill according to Goldman), attention turns to what’s actually in it.