Category: Finance

Americas by GeoPolitic.orgMay 17, 20229:44 pm

Should the Fed Devalue Our Currency to Implement Negative Interest Rates?

In a thought-provoking article published by the IMF in April, Ruchir Agarwal and Miles Kimball argue for moving away from a “paper money standard” and toward an “electronic money standard.” The promised benefits include shorter recessions […]

Economics by GeoPolitic.orgMay 17, 20229:41 pm

Crypto’s Crash: 100-to-1 Leverage Goes Poof!

Crypto was in full-blown crash mode last week, wiping out more than $300 billion in market value. TerraUSD, a so-called stablecoin that is supposed to trade at a “stable” $1 value, crashed to a few […]

Eurasia by GeoPolitic.orgMay 12, 20224:10 pm

Ruble named world’s best-performing currency

The Russian ruble has eclipsed 31 major currencies in growth since the start of 2022, becoming the globe’s best-performing currency, Bloomberg reported on Wednesday. According to the publication, the ruble has strengthened against the US […]

Economics by GeoPolitic.orgMay 11, 202212:43 am

HOW BANKS ARE TRYING TO DISCREDIT BITCOIN

Each year, Bitcoin continues to grow in stature. Bitcoin is going mainstream by every metric — financial value, adoption rates, transaction volume, you name it. But not everyone’s happy Bitcoin adoption is growing. In particular, the […]

Europe by GeoPolitic.orgMay 9, 202210:05 pm

Denmark Releases Gold Bar List, But the Serial Numbers Are Missing

Late 2021 the central bank of Denmark released a bar list of its monetary gold. Unfortunately, the individual serial numbers of the ingots—the disclosing of which is the main purpose of a bar list—are missing. […]

Americas by GeoPolitic.orgMay 7, 20228:22 pm

REPORT: “90% of nations planning Central Bank Digital Currency “

A new report from the Bank of International Settlements estimates that up to 90% of national central banks are at least in the planning stages for launching a central bank digital currency (CBDC): Nine out […]

Americas by GeoPolitic.orgMay 6, 202210:17 am

CALIFORNIA GOVERNOR SIGNS EXECUTIVE ORDER ENCOURAGING BITCOIN AND CRYPTO BUSINESSES

Gavin Newsom, Governor of California, signed an executive order today crafting a regulatory framework for companies operating in bitcoin and other cryptocurrencies. The EO combines a multitude of regulatory agencies set to define regulatory practices […]

Americas by GeoPolitic.orgMay 4, 202211:57 pm

100,000 CUBANS ARE USING BITCOIN IN RESPONSE TO U.S. SANCTIONS

A report from NBC states over 100,000 Cubans are using bitcoin and other cryptocurrencies. The adoption of cryptocurrencies was driven largely by mobile internet access which was only provided to Cubans three years ago. The […]

Eurasia by GeoPolitic.orgApr 23, 20221:09 am

Where is the Russian Federation’s Gold Stored?

In the current environment of weaponised Western sanctions against Russia, and the critical importance of monetary gold reserves as Russia’s ultimate asset, a timely question to ask is where Russia’s gold reserves are actually stored. […]

Americas by GeoPolitic.orgApr 23, 202212:51 am

Israel Dumps The Dollar For China’s Renminbi, Beijing Starts Quietly Acquiring Russian Energy Assets

Over the last 48 hours, China and Russia have taken big steps toward separating themselves from the monetary policy and economies of the west – and nobody has even noticed. Those who have been reading […]