There’s no doubt they were warned, and not just by those on the right. Former Democratic administration economists like Larry Summers and Steve Rattner wrote extensively about Biden’s massive government spending leading to inflation and a recession. The data kept proving …
by confoundedinterest17 Release the Kraken! The People’s Bank Of China announced it is cutting its Required Reserve Ratio by 0.5% for most banks, a move that will unleash about 1 trillion yuan ($154BN) of long-term liquidity into the economy and will be effective July 15. …
The dollar-based long-term price predictions for bitcoin are flawed, according to cryptocurrency exchange Kraken’s CEO Jesse Powell. He proposes measuring bitcoin in luxury car prices, due to the inflationary nature of fiat money. “I think I said bitcoin is going …