Tag: Economics

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Argentina Introduces New Exchange Rates to the Mix — ‘Qatar’ and ‘Coldplay’ Dollars Go Against IMF’s Warnings

October 14, 2022

The government of Argentina, which is currently applying dollar exchange controls, has added two new dollar exchange rates into its arsenal: the “Qatar” and “Coldplay” dollars. However, Kristalina Georgieva, managing director of the International Monetary Fund (IMF) has made declarations against these measures, stating they are not a substitute for “sound macroeconomic policies.” Argentina Introduces…
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MIT Research Scientist Says Satoshi Nakamoto Should Win a Nobel Peace Prize

October 14, 2022

The Nobel Peace Prize and/or the Memorial Prize in Economic Sciences should be awarded to Satoshi Nakamoto, the creator of Bitcoin (BTC), argue a Research Scientist at MIT Lex Fridman and other Bitcoin supporters…. Read More: MIT Research Scientist Says Satoshi Nakamoto Should Win a Nobel Peace Prize  Read more »Sign up for e-EUR –…
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Rich Dad Poor Dad Author Robert Kiyosaki Warns About World War III

October 14, 2022

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned about World War Three. “Are you ready for World War III?” he asked, adding that “History shows wars are about energy: oil and coal.” Robert Kiyosaki on World War III and the Energy Crisis The author of Rich Dad Poor…
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Crypto users renew calls for Satoshi Nakamoto to win Nobel Memorial Prize for economics

October 14, 2022

Major figures in the crypto space argued the Bitcoin creator was the most deserving candidate for the economic award, despite the fact Satoshi’s true identity remains unknown. Bitcoin (BTC) enthusiasts on social media platforms have reiterated their annual petition to have the Nobel Memorial Prize in Economic Sciences awarded to Satoshi Nakamoto. On Oct. 10, the…
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Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in September

October 13, 2022

The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday shows an 8.2% rise in the year through September, and the core index rating saw the fastest yearly increase since 1982. September’s CPI Data Was Worse…
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Economists debunk the banking system and win the Nobel Prize

October 11, 2022

Three economists were awarded the Nobel Prize in economic sciences for their decades of research on societal reactions to financial crises and avoiding bank collapses. Three economists were awarded the Nobel Prize in economic sciences on Oct. 10 for their discoveries which are said to have improved “how society deals with financial crises.” Ben Bernanke,…
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Ark Invest CEO Warns Rate Hikes Could Fuel a ‘Deflationary Bust’ in Open Letter to the Fed

October 11, 2022

Following the United Nations Conference on Trade and Development (UNCTAD) report that the U.S. Federal Reserve should stop raising rates, Ark Invest CEO Catherine Wood has published an open letter to the U.S. central bank asking the institution to stop raising interest rates. Wood says that the “unprecedented 13-fold increase in interest rates” has not…
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Former Fed Chair Ben Bernanke Wins Nobel Prize in Economics ‘for Research on Banks and Financial Crises’

October 11, 2022

Former Federal Reserve Chairman Ben Bernanke has been awarded a Nobel Prize in Economics. The Nobel Prize committee believes that he “significantly improved our understanding of the role of banks in the economy, particularly during financial crises.” Many people, however, blame Bernanke for getting us “to the brink of collapse and under a mountain of…
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Canada’s Tiff Macklem Insists ‘Rate Increases Are Warranted,’ Canadian Columnist Says Central Bank’s Governor ‘Needs to Go’

October 11, 2022

Canadians have been dealing with rising inflation and the Bank of Canada raising the benchmark interest rate following more than two years of monetary easing tactics. On Sunday, Canadian central bank governor Tiff Macklem explained that “reasonably good harvests” will contribute to reducing food inflation. The day before Macklem’s statements on CBC Radio, Canadian columnist…
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JPMorgan CEO Jamie Dimon Warns Recession Could Hit in 6 Months, Stock Market Could Drop 20% More — ‘This Is Serious Stuff’

October 11, 2022

The CEO of global investment bank JPMorgan, Jamie Dimon, has warned that the U.S. economy could tip into recession in six to nine months. “This is serious stuff,” the executive stressed, adding that the stock market could easily fall another 20%. JPMorgan CEO Jamie Dimon’s Warnings JPMorgan CEO Jamie Dimon shared his warnings about the…
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