Category: dollar

The Fed’s Dollar Debasement Is Spit-Roasting Millennials
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The Fed’s Dollar Debasement Is Spit-Roasting Millennials

Tech stocks, spot gold, and bond prices continue to rise as the Fed wraps its two-day meeting Wednesday. Goldman Sachs expects the weaker dollar to bring $300 billion in foreign investment to the U.S. equities market – and tech stocks especially. While Trump walls off U.S. jobs from fleeing offshore, the monetary-fiscal regime is selling…

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Predictions for a U.S. Dollar Crash are Ramping Up Fast
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Predictions for a U.S. Dollar Crash are Ramping Up Fast

The dollar has strengthened despite the government’s massive stimulus package. An estimated $4 trillion budget deficit will weigh on the currency. Some analysts believe the dollar needed to weaken before coronavirus crunch. When investors are scared, they turn to the U.S. dollar. As the coronavirus lockdown causes skyrocketing unemployment and heightens prospects of a deep…

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Global U.S. Dollar Shortage to Benefit Bitcoin, Says Crypto Twitter’s Biggest Bull
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Global U.S. Dollar Shortage to Benefit Bitcoin, Says Crypto Twitter’s Biggest Bull

Many have been bearish on bitcoin after the dominant cryptocurrency breached support of $9,000 in September. The month-long consolidation around $8,000 is not helping either. It is only giving bitcoin haters more reason to scream their bearish outlook. Peter Schiff forecasting bitcoin to plummet to $2,000. | Source: TwitterBitcoin’s technicals may not be pretty but…

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Pomp: The U.S. Must Tokenize the Dollar to Remain Competitive
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Pomp: The U.S. Must Tokenize the Dollar to Remain Competitive

In a recent interview with CNBC’s Squawk Box, Anthony Pompliano, the co-founder of Morgan Creek Digital, has argued that the United States must tokenize the dollar to remain competitive in the shifting global financial landscape. Pompliano urged lawmakers to “tokenize the dollar immediately,” asserting that China is in the process of developing a digital yuan,…

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