How? Most likely you are just digging your own graves as a bank just as the programmers did. They earned loads of money and respect when they were needed, now most programmers are like 10 indians living together in a 3-bedroom apartment. No more ...

AI may start to boost US GDP in 2027

Actually hillarious when you think about it: all ECB research done about free crypto focused on risks, all done research about their own crypto only shows benefits and negligible risk I mean who would have thought? No objective bias there ...

How would a digital euro work?

here a good summary of the failed CBDC in Nigeria: ”These technical factors show that the eNaira is a flawed premise that seeks to use a democratic technology to centralize government power. However, to most laypeople, this does not matter. Even ...

How would a digital euro work?

Great writing by Heather and Michelle, Schwab always top material. I don’t think U.S will cut any rates though, unless there is some election spectacle.

Bank of Japan: End of an Era?

Yeah nobody asked for CBDC, except politicians/central bankers. We already got crypto and a decentralized forex market. Traders and investors live off volatility, it’s what we call a free market. It shouldn’t be programmed away or have some central ...

Nagel: Digital Euro, An opportunity for Europe

It will come back , american Eagle is strong

US Services PMI at 51.8%; October 2023 Services ISM Report On Business

Need to hike 5% more to get real interest rate in positive territory.

BoE: Rate Hold with Emphasis on Long Wait Before Cuts

Yeap they just put more fees and regulations on everything. This basically means someone else should decide if youncan take out your money or not. In U.S Powell already removed the Volcker Rule, giving free hands for banks to gamble with depositors ...

Swiss Regulators, Banks Discuss Measures to Prevent Bank Runs; Bank Measures Could Include...

There u go all central planning sceptics. U heard that? There will be economic growth next year.

ECB's Nagel: There will be economic growth again in Germany in 2024

Ofc housing prices are heavily inflated, but do we really want activist judges and legislators to make every way there is to making money illegal? The broker doesn’t sell a house every day, but still has to have a salary for his/her job. The ...

US jury finds realtors liable for inflating commissions, awards $1.78 billion damages

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Credit Suisse intervention avoided ‘financial crisis,’ Swiss National Bank chairman says