The central bank’s most senior economist now runs the department responsible for the digital currency task force and working group with other central banks. Source link
Economist
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Modern Monetary Theory (MMT) says that countries such as the UK and US don’t need to worry about taxes and can essentially print as much money as they require, an argument which has taken increasing significance amid the COVID-19 crisis because of the level of spending governments are engaged in […]
The Trump administration’s anti-China policies, including tariffs and attacks on telecoms giant Huawei, have forced the Chinese government to tighten its grip over Hong Kong, an analyst tells RT. Speaking to RT’s Boom Bust on the developments in the Chinese territory after Beijing imposed its national security law, Jeffrey Tucker […]
A shorter work week would not only make for a better work/life balance it would also increase overall productivity and the ability of citizens to more meaningfully participate in democracy, says economics professor Richard D. Wolff. World leaders, labour representatives and even some high profile business figures, such as Google […]
While the coronavirus pandemic may become the last nail in the coffin of the US dollar’s status as the primary reserve currency, the seeds of its inevitable decline were sown long ago, a former Morgan Stanley economist believes. The greenback is set to decline due to a shortfall in domestic […]
The elderly have already been hit hardest by the coronavirus pandemic, but one Oxford economist thinks that they should shell out to ease the economic burden on the young. He’s since been accused of “scapegoating” the vulnerable. “Young people benefit the least from the lockdown measures, because they are less […]
US 19:24 GMT 11.05.2020Get short URL An expert argues that a rush for US states to reopen their economies amid the COVID-19 novel coronavirus pandemic will more than likely backfire if there is a significant uptick, or “second wave,” of infections. Mark Zandi, chief economist of Moody’s Analytics, issued an […]
Bitcoin has again rallied sharply in the weeks leading up to its impending halving event. But if historic patterns are anything to go by, the cryptocurrency could suffer a temporary price pullback following the supply-altering event. The top cryptocurrency by market value has risen by over 130% since bottoming out […]