Central Bankers’ Desperate Grab for Power

Central Bankers’ Desperate Grab for Power

Sep 17, 2019 | News

Central Banks are out of ammunition. Mark Carney, the soon-to-be-retiring head of the Bank of England, admitted as much in a speech at the annual meeting of central bankers in Jackson Hole, Wyo., in August. “In the longer-term,” he said, “we need to change the game.”...
China Hopes To Launch Cryptocurrency By 11/11/19

China Hopes To Launch Cryptocurrency By 11/11/19

Aug 29, 2019 | News

China’s central bank — the People’s Bank of China — has developed a prototype of a cryptocurrency that it could end up in circulation in the near future. It would be introduced alongside the China’s primary currency the renminbi (also called the yuan). China will...