CBDC – So Long, Cryptopians, Greet the New Digital Greenback – Robert Hockett -2022

> alt currencies -digital, blockchain, crypto, -commercial, state It started … if you’ll pardon the pun … a ‘bit’ over a decade ago, at least in its more popular manifestations – the spread of new talk of a strange new money form. Or was it a payment form, or a finance form, or something else? (It … Continue reading CBDC – So Long, Cryptopians, Greet the New Digital Greenback – Robert Hockett -2022

Milton Friedman’s Interest Rate Fallacy

strange positive correlation between borrowing volumes and interest rate levels? - uncreditworthy businesses are altogether excluded from global debt markets...

The Addictive Profits of Pain

Sacklers banale sadism - has US capitalism gone masochistic? US pharma, opioid crisis, health, Oxycontin – reviews, articles, books

Confirmed: QE feeds Matthew Effect

Breaking Old News - QE really does feed Matthew effect!  Following bankers' earlier observations we now have official mainstream confirmation that  "softer monetary policy increases inequality." Not just in the US.  A fresh study by A.L. Anderson etal  provides "... new evidence on the distributional effects of monetary policy based on detailed administrative household-level data. The … Continue reading Confirmed: QE feeds Matthew Effect

“Digital Corrections – will crypto save capitalism, and the FED ?”

The FED has no way of re-balancing or raising rates without crashing the markets. The FED doesn't want to take the blame. Not again. Even though the markets are crying out for a correction.  There is no discipline. The level of incontinence is unprecedented. QE has got to stop. But how? One would like new … Continue reading “Digital Corrections – will crypto save capitalism, and the FED ?”

Monetary fiscal US UK Can Fed BoE BoC Brazil

unherd.com 3-5-2022 Is this the beginning of the end for the US dollar? - China is threatening to dump dollar reserves to protect them from seizure - by Philip Pilkington ..."On Saturday The Financial Times reported that the Chinese central bank and finance ministry held an internal conference discussing how to protect against potential US … Continue reading Monetary fiscal US UK Can Fed BoE BoC Brazil