DeFi : Straight out of the horse’s mouths. A review of an Interagency Report on Stablecoins, and the control they want to have over DeFi – while conflating with CeFi.

by laflammaster I stumbled upon some fun stuff – a report from the US Treasury dept on stablecoins. Document link: Interagency Report on Stablecoins Forward reading – and why you should avoid CBDC: CBDC (Central Bank Digital Currency) ​ TL;DR; Start The …

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Fed Reverse Repo Usage Rises to Record for Fourth Straight Day As Turkish Lira Volatility Hits All-time High And US Current Account Balances Rise To 2006 Levels

by confoundedinterest17 (Bloomberg) — The amount of money that investors are parking at a major central bank facility climbed to yet another all-time high as supply-demand imbalances continue to dog U.S. dollar funding markets.  Eighty-one participants on Monday placed a total of $1.758 trillion …

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U.S. Pending Home Sales Rebound (+7.5% MoM) To Highest Level Of The Year, BUT 5th Straight Month Of Negative YoY)

by confoundedinterest17 A forward-looking gauge of U.S. home purchases rebounded in October to a 10-month high, signaling steady housing demand despite growing affordability concerns among many prospective buyers. The National Association of Realtors’ index of pending home sales increased 7.5% from a month …

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United States: Fifty Straight Years of Losing Nonsensical Wars Against Third World Countries.

by Chris Black Taliban Takes Kandahar, US Embassy Evacuating: https://twitter.com/theragex/status/1425599598622543879 JUST IN: Taliban take control of Kandahar, the second-largest city in Afghanistan. — The Spectator Index (@spectatorindex) August 12, 2021 https://twitter.com/tagabhishek/status/1425932438841315331 After a 20 year war and over 2 trillion …

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