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WHY A “CRYPTO-YUAN” WON’T THREATEN THE DOLLAR
A state-owned cryptocurrency is, in itself, a contradiction in terms. The main reason why citizens want to use cryptocurrencies or gold is precisely to avoid the government or central bank monopoly of money. For a currency to be a world reserve of...
Low Price Inflation Means the Fed Will Retreat to Low Rates and Easy Money
2% inflation allows the Fed to reach a real interest rate of minus 2% while maintaining nominal rates at 0%, which clearly could stimulate economic growth… by Frank Shostak via Mises A softer increase in the personal consumption price index (PCEPI) adjusted for food...Start Your Dollarcation With RTD University
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