The United States has declared its support for World Trade Organization proposals to temporarily lift intellectual property protections for Covid-19 vaccines. In a written statement, U.S. trade representative Katherine Tai said that “this is a global h…
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
What a circus. I imagine there’s a big sign in every Fed building in America: Don’t drop, fragile, handle with care. Janet Yellen, while no longer in a Fed building, committed the […]
Among other things, Bitcoin has been criticized for price volatility, use in illegal transactions and thefts from exchanges. It has also proven highly controversial for the sheer amount of energy it requires. The University of Cambridge maintains an on…
A new Eurobarometer survey shows where Europeans struggled the most with lockdowns. Since the Covid-19 pandemic erupted, authorities across the EU implemented restrictions varying in severity, ranging from national lockdowns to local lockdowns and curf…
The cryptocurrency Ethereum soared this week to a new record value, a touch over $3,500. When looking at the currency’s journey to this price, it is clear that ‘soar’ is the correct verb to describe this rapid rise.As with many cryptocurrencies this ye…
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
What’s left are the ‘fatal synergies’ of soaring debt and leverage, diminishing returns on stimulus, the substitution of credit for savings and the coming deflationary…
Dogecoin may have been grabbing the headlines over the past few weeks, but it’s not just been an astonishing year of growth for what started out as a meme – 2021 is fast turning into the year of the cryptocurrency.As this infographic shows, when compar…