central
This is why a Central Backed Digital Currency is a Horrible Idea
NatWest Group PC, a U.K.-based bank, is asking its customers to explain why they’re withdrawing their cash. According to its website, the bank explained that it is taking measures to protect its clients from scams. NatWest said that, if it …
Libor Rate Scandal: Central Banks and government aided big banks in rigging the rates
According to a forthcoming book titled “Rigged” by BBC economics correspondent Andy Verity, banks were purportedly coerced by central banks and governments into manipulating the London Interbank Offered Rate (Libor) in an effort to instill confidence in the financial sector. …
Inflation Alert! St. Louis Fed’s James Bullard backs two more hikes. Bullard would have central bank push interest rates up to 5.5%-5.75% range
by Dismal-Jellyfish Sources: https://www.marketwatch.com/story/feds-bullard-backs-two-more-hikes-359fb941: St. Louis Fed President James Bullard on Monday said he would like to see two more quarter-percentage-point interest-rate hikes this year. “I think we’re going to have to grind higher with the policy rate in order …
Greatest Reset: Europe Could Achieve Net Zero by Demolishing its Historic Buildings and Starting Again, Says Italian Central Bank
Among comments by Paolo Angelini, deputy governor at the Bank of Italy about European Net Zero targets which, in his opinion, risk doing more harm than good, the central banker articulated what level of change would actually be needed from …
Central banks have been bullshitting everyone with their grand monetary tightening narrative.
Indeed global central bank balance sheets have been expanding since October similar to the flip we saw in 2019. The result then: Equities rallied hard. The result now: The same. The world is not flat. It's global liquidity stupid. pic.twitter.com/p3vV8Shpbd …
Argentina Ramps Up Interest Rate To 97% To Combat Inflation: Central Bank – America learn here
Argentina’s central bank on Monday hiked its base interest rate by six points to 97 percent as the government prepares to announce a spate of measures to tackle soaring inflation. It is the second time in less than a month …
30 Years of Central Banks Gold Demand
Source : https://www.visualcapitalist.com/charted-30-years-of-central-bank-gold-demand/ h/t BoatSurfer600
The banks are collapsing to consolidate everything in a central bank in order to impose the CBDC
Goldman Trading Desk Warns Bank Selling Is Spreading And Could Get Far Worse https://t.co/Bxul1YspwY — zerohedge (@zerohedge) May 2, 2023 As planned one bank to rule them one bank to find them one bank to bring them all and in …
DeSantis Vows To Outlaw CBDC (Central Bank Digital Currency) Resist Federal Government If Unilaterally Authorized By Federal Reserve Or Treasury
https://t.co/pNhWLsEsQx — Florida’s Voice (@FLVoiceNews) May 2, 2023
Central banks are turning away from the US dollar and shifting to gold
Assurance in the dollar’s dominance ignores signs that countries are serious about seeking alternatives, according to Ruchir Sharma. This is illustrated when taking account of recent trends in gold: the safe haven commodity has surged 20% in the last half …
Credit Suisse borrowed far more from a central bank liquidity backstop than previously known. Who would have guessed?
Credit Suisse Group AG reported 61.2 billion francs ($69 billion) of outflows in the first quarter and took a large writedown at its wealth management unit, underscoring the challenge for UBS Group AG in retaining key clients and assets after …
Central African Republic drops Bitcoin as Legal Tender… Now El Salvador is the only country in the world with Bitcoin as a legal tender.
In April 2022, the Central African Republic (CAR) introduced Bitcoin as legal tender, aiming to position itself as one of the “bravest and most visionary countries in the world.” However, just one year later, the country has reversed its …
Central banks have been buying more gold now than they have in the past 55 years going all the way back to 1967. I believe gold has a long way to go
via kingworldnews: April 17 (King World News) – Otavio Costa: Call option volumes surged again to all-time highs this last quarter. This level of interest in derivatives is highly associated with the current retail trading frenzy. NOT WHAT A MARKET BOTTOM LOOKS …
The hypocrisy of central banks and their media is astounding
The Fed is trying to shift the blame again on inflation. 🔊 https://t.co/WhHUiPcWdI — Wall Street Mav (@WallStreetMav) April 11, 2023 Source:https://t.co/0cxj2BrWOo — Wall Street Mav (@WallStreetMav) April 11, 2023 Average Consumer Expects 4.7% Inflation This Year Perceived Credit Access …
China crosses central line of the strait for the first time making history
Two firsts 1. The Shandong ship on the east coast confronted the Nimitz aircraft carrier for the first time in 52 years; https://t.co/h58ScvP72K — EndGameWW3 🇺🇸 (@EndGameWW3) April 9, 2023 2. Haixun 06 set off from Pingtan Island and directly …
Central bank gold purchases quarterly since 2009 … A metals supply crunch is coming
Might be a helpful read https://t.co/TuAeSlFxs3 — Indian Business Gurus (@IndBizGuru) April 7, 2023 Bank of America Lifts Gold Forecast by 10PC to $US2200 an Ounce As the peak for interest rates comes into view, Bank of America is forecasting …
The Fed just announced it will introduce its “FedNow” Central Bank Digital Currency (CBDC) in July.
The Federal Reserve’s digital payments system, which it promises will help speed up the way money moves, will debut in July. FedNow, as it will be known, will create “a leading-edge payments system that is resilient, adaptive, and accessible,” said …
% Change Of Central Banks Gold Reserves (2000-2023)
Did you know the Dollar took reserve currency status in 1944 when 80% of all the world’s gold was within it’s borders? Data Link: https://www.gold.org/goldhub/data/gold-reserves-by-country h/t MilkedPolitician
Jeffrey Tucker on the Stability of the Banking System & Biden’s Push for a Central Bank Digital Currency
Full Interview: https://t.co/5jKhq3Aiwj — Chief Nerd (@TheChiefNerd) April 4, 2023
European Central Bank calls for clampdown on commercial property funds
(Via FinancialTimes) The European Central Bank has called for a clampdown on commercial property funds to tackle the risk that a downturn in the €1tn sector could trigger a liquidity crisis if investors rushed to withdraw their money. The ECB’s proposals …
Central Bank Digital Currencies are about absolute government control of people’s financial transactions.
It is none of their &^%* business… people need to wake up. Central Bank Digital Currencies (CBDCs) are about absolute government control of people’s financial transactions. Wake up. It’s coming down the tracks.#CBDCs pic.twitter.com/mB4oP9erH0 — James Melville 🚜 (@JamesMelville) April …
Faith? Foreign Central Banks Bailing On US Treasuries (Japan And China Among Others Are Fleeing The US Titanic)
by confoundedinterest17 Apparently, foreign Central Banks have lost faith in Biden and The Federal Reserve. Foreign Central Banks are selling US Treasuries. Other than The Fed, Japan and China are the two largest holders of US Treasuries. And they are bailing. Wake Biden …
Apparently, foreign Central Banks have lost faith in Biden and The Federal Reserve…. Record Surge In Sovereign Gold Buying By Foreign Central Banks Continues!
New Worries America on Verge of Losing Petrodollar Privilege As gold prices continue to hold firm near the $2,000 level, bulls are eying big developments ahead for the monetary metal along with the global monetary system. Gold’s potential ascendancy to …
‘Nationalizing bond markets’ left central banks unprepared for inflation, top HSBC economist says
The prolonged period of loose monetary policy after the global financial crisis equated to central banks “nationalizing bond markets,” and meant policymakers were slow off the mark in containing inflation over the past two years, according to HSBC Senior Economic Adviser Stephen …
Montana Senate passed pro-central bank digital currency bill SB 370
URGENT: The Montana Senate passed pro-central bank digital currency bill SB 370 by a 32-18 vote. The bill has now been sent to the House of Representatives for consideration. Members of the Montana Legislature are seeking to pass legislation that, …
Dollar Demand Soars! Central Banks Reduce U.S. Debt Holdings at Fastest Pace in Nine Years
As the banking crisis spreads and global demand for dollars surges, central banks are rapidly reducing their holdings of U.S. debt to “cash out” and the use of the Federal Reserve’s overseas liquidity tools has surged. Federal Reserve data …
Something Is Really Wrong In The Central Banks Universe! Stunning data released by the Federal Reserve, a central bank supposedly utilised $60 billion of the dollar liquidity last week from the Fed’s FIMA Repo Facility
by BoatSurfer600 FIMA is repo for foreign banks and USD60B is the maximum amount you can take. This is probably DB blowing up
FOREIGN CENTRAL BANKS LIQUIDATED TREASURY HOLDINGS AT THE FASTEST CLIP IN NINE YEARS IN THE WEEK THROUGH MARCH 22
“Fed data show foreign official holdings of Treasury securities fell by $76 billion in the week through March 22 to $2.86 trillion…” Source: https://t.co/IdWk5419KS — Gold Telegraph ⚡ (@GoldTelegraph_) March 24, 2023