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In 2020, the United States Federal Reserve embarked on a massive dollar printing journey, necessitated by the need to deliver financial stimulus packages for the American taxpayers during the wave of the Covid-19 pandemic.
The post How U.S. excessive dollar printing benefits crypto appeared first on CryptoSlate.
With inflation at an all-time high in the United States, it is no surprise that investors are actively searching for an investment vehicle that would help them to properly hedge against this rising tide.
The post Study shows Bitcoin delivered 99.996% deflation against the U.S. dollar over past decade appeared first on CryptoSlate.
A Zimbabwean economist has said authorities should consider paying a portion of government employees’ salaries with gold coins. The economist said partially paying government workers with gold coins can “help curtail the black market dominance” in the country’s currency market. Dollar Shortages and Rising Inflation A Zimbabwean economist, George Nhepera, has urged authorities in the [...]
The post Report: Zimbabwean Economist Says Portion of Goverment Employees’ Salaries Must Be Paid in Gold Coins appeared first on Crypto Breaking News.
Economist Peter C. Earle says de-dollarization has begun, emphasizing that “It’s not just the conscription of the dollar in economic warfare, but increasingly error-fraught monetary policy regimes that are driving various interests away from the greenback.” He described: “By weaponizing dollar dominance and permitting expanding mandates to disorient U.S. monetary policy, the dollar’s fate as [...]
The post De-Dollarization Escalates Amid US ‘Economic Warfare’ and ‘Error-Fraught’ Policies, Economist Says appeared first on Crypto Breaking News.
The South African minister of international relations, Naledi Pandor, has urged Brazil, Russia, India, China and South Africa (BRICS) countries to be wary of making a hurried decision when they meet in August to discuss launching a common currency. Pandor said her country will “not shy away from discussions” that relate to her country’s national [...]
The post South African Minister Tells BRICS Nations Not to Rush Decision on Common Currency appeared first on Crypto Breaking News.
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