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What is the value of digital currency?

Tom Spencer

The value of fiat currency comes from social convention and government decree, which makes it acceptable as a means of payment. Since 1971, when Richard Nixon took the US dollar off the gold standard, market commentators have worried about the ability of the US dollar to act as a reliable store of value. Helicopter money.

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What is digital currency?

Tom Spencer

Since the advent of Bitcoin in 2008, digital currency has been a growing trend and a growing area of interest for consultants, businesses, fintech investors, central banks, and governments. Over the coming decade, many more digital currencies will be created by entrepreneurs and governments. Reading Time: 6 minutes.

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How the Financial World Adapts to Climate Change

Tom Spencer

The most common type of green finance are government-issued bonds, which first came about as structured AAA-rated bonds from the European Investment Bank. The value of green bonds traded in the market is projected to skyrocket from around EUR 670 billion in 2020 to EUR 2 trillion by 2023. Resilience Bonds.

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Emerging Market Contagion Spreads; Argentina, Venezuela, Turkey Roundup; 50% Tax on Internet Purchases

MishTalk

Argentina Institutes 50% Tax on Internet Purchases; Emerging Market Contagion Spreads; Argentina, Venezuela, Turkey Roundup Yesterday, Argentina devalued the Peso hoping to halt further declines in its currency reserves. Markets had seen this coming as charts of the Peso vs. the US dollar show. The 5-year decline is over 50%.

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Mish's Global Economic Trend Analysis: China Acts to Calm Markets.

MishTalk

Minyanville Business and Market News. What Has Government Done to Our Money? China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. China Acts to Calm Markets; Stock Market Rebounds From 6% Plunge After Central Bank Pledges More Liquidity; Wet Nurse Action. Sitka Pacific.

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Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation?

MishTalk

Minyanville Business and Market News. What Has Government Done to Our Money? China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation? Fed Balance Sheet vs. Stock Market. Sitka Pacific. Recent Posts. Featured Links.

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Consultant Ninja: A Simple Question about the Credit Markets.

Consultant Ninja

A Simple Question about the Credit Markets. The government will buy those assets, freeing up the major banks to loan again to businesses. The government will buy those assets, freeing up the major banks to loan again to businesses. AJ: I totally agree that it massively shift market share from the sick banks to the healthy banks.