Bitcoin surpasses $100,000 December 12, 2024 Bitcoin not only broke but also significantly surpassed the long-awaited milestone of $100,000 in the early hours of Thursday, December 5, reaching $103,844.05, now…
Tariffs, the destructive currency war between China and the US and the “strong dollar” December 5, 2024 Beijing has a powerful tool to respond to President-elect Donald Trump’s threatened new tariffs on Chinese goods: it could launch a currency war, a…
The dollar is not money but credit – The Ponzi scheme and the road to collapse November 28, 2024 With widening budget deficits, rising debt, and interest payments that can only be serviced by issuing a currency of decreasing value, the dollar can…
The impact of Trump’s duties will be limited – what will happen to the dollar? November 8, 2024 Much is said and heard of the Trump economic policy and its impact on both the US and the rest of the world. The…
Bets against the euro-dollar parity are increasing dangerously October 24, 2024 Anticipation of the risk of the euro slipping against the dollar is rising in financial markets after last week’s rate cut and the scenario…
The new BRICS currency: The most important project since the introduction of the euro October 24, 2024 The BRICS nations are set to meet for their 16th annual summit in Kazan, Russia, on October 22-24, 2024, and the conference is expected…
Currency War: Why It’s Not Time to Short the Yuan? October 24, 2024 As the “Trump trade” returns – again – fueling concerns of new geopolitical turmoil, hedge funds worldwide are scrambling to short the Chinese yuan….
Money is credit – Currency depreciation is inflation & inflation is silent bankruptcy October 24, 2024 The increased prices constitute a “hidden” tax for citizens and a means of state control of economic activity. Let’s start with the prices Every…
How is one global reserve currency replaced by another? October 17, 2024 Over the past century, monetary systems have changed about every 30-40 years on average, according to the evidence of monetary history. Today, the existing…