Advertisements

inflation

Smokescreens and Mirrors: How Does a Country Do an ICO? They Call It QE

</header> <strong>Financial regulators all around the world have been cracking down hard on ICOs for promising more than they can deliver. At the same time governments and central banks are pulling off far worse scams, such as QE, wiping out the savings of everyone that depends on them. To hide this fact they use obscure …

Smokescreens and Mirrors: How Does a Country Do an ICO? They Call It QE Read More »

Advertisements

The Most Important Aspect of Bitcoin Is the Separation of Money and State

<header class=”article__header”> </header> <strong>Many cryptocurrency supporters believe the technology allows for the separation of money and state in a manner that’s never been seen before. Governments inflict two forms of robbery against nonviolent citizens by forcing them to pay taxes while also stealing from them silently through inflation. Now there’s a wide array of digital …

The Most Important Aspect of Bitcoin Is the Separation of Money and State Read More »

Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money

</header> <strong>Whenever bitcoin experiences a sharp drop or volatility, mainstream media analysts jump to declare that cryptocurrency isn’t stable enough to be considered money. The double-digit crash of the Argentine peso in one day, simply due to an election in the country, can be said to prove the same about fiat.</strong> Also Read: Big Banks …

Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money Read More »

Normalizing Negative Interest: It’s Flabbergasting How Closely Media Parrots the Government

<header class=”article__header”> </header> <strong>Negative interest rates have been making big headlines lately, as several countries and big banks are now experimenting with the unorthodox monetary policy. While typically viewed as a last-ditch effort to shock some life back into struggling economies, these policies are getting a shiny new spin thanks to mainstream media outlets promoting …

Normalizing Negative Interest: It’s Flabbergasting How Closely Media Parrots the Government Read More »

Owning Fiat Just Got More Expensive – NIRP Strikes Again

</header> <strong>With the recent Union Bank of Switzerland (UBS) announcement that even more customers will be charged to hold money in their banks, people are scrambling to find ways to preserve their wealth, while USB and others scramble to dam the losses resulting from national negative interest rate policy (NIRP). The relatively recent experiments with …

Owning Fiat Just Got More Expensive – NIRP Strikes Again Read More »

How Governments Steal Your Money and Conceal It Through Inflation

<header class=”article__header”> </header> <strong>Dozens of countries all over the world have used the same trick called redenomination to hide how they have stolen their own citizens’ money through inflation or hyperinflation. The next nation to try this economic sleight of hand is the government of the Islamic Republic of Iran.</strong> Also Read: Global Crypto War …

How Governments Steal Your Money and Conceal It Through Inflation Read More »

Venezuela Issues 50,000 Bolivar Bill Amid Persistent Hyperinflation

</header> <strong>Venezuelans are used to their currency costing less than the paper it’s printed on. Economic misfortunes and political upheaval place their country at the bottom of all inflation charts, year after year. The latest incarnation of the national fiat, Bolívar Soberano, has succumbed to the illness of all previous emissions – rapid depreciation. The …

Venezuela Issues 50,000 Bolivar Bill Amid Persistent Hyperinflation Read More »

Hotels and Realtors in Venezuela’s Historic Cumaná City Accept Bitcoin Cash

<header class=”article__header”> </header> <strong>For years Venezuelans have been surviving the harsh economic climate of their country, beset by hyperinflation and political instability. Small businesses have been hit the hardest. But even in these difficult conditions, the ingenuity and hard work of Venezuelan entrepreneurs has allowed them to provide food for their families and services to …

Hotels and Realtors in Venezuela’s Historic Cumaná City Accept Bitcoin Cash Read More »

Venezuelan Mining Parts Supplier Coincoin Now Accepts Bitcoin Cash

</header> <strong>Venezuela is among those nations where cryptocurrencies enjoy faster adoption. The South American country suffers from a political and economic crisis causing hyperinflation of the national fiat, the bolivar. Coincoin, a mining equipment supplier based in Caracas, is one of many Venezuelan businesses that have decided to accept cryptocurrencies. Bitcoin cash (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” …

Venezuelan Mining Parts Supplier Coincoin Now Accepts Bitcoin Cash Read More »

After Trillions Printed Under QE, Politicians Now Say Deficits Don’t Matter

</header> <strong>When quantitative easing (QE) was introduced, it was likened to a drug, with central banks making an emergency injection of money to resuscitate the global economy. Now it seems that some politicians have gotten addicted to this drug, going as far as to claim that government deficits don’t matter and the money printing can …

After Trillions Printed Under QE, Politicians Now Say Deficits Don’t Matter Read More »