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Tag: reserve banks

Oil Prices Hit Lowest Since 2021 Amidst Downtrend and Inflation Decline

Oil prices have fallen to their lowest since ’21 with WTI crude oil dropping to $66 while Europe’s Brent crude dived to $73. Both...

Thanks Powell

Facebook is laying off another 10,000 people in the biggest contraction the US tech sector has seen… well ever. It’s only the latest, with...

Facebook Layoffs and Market Carnage: Bank Stocks Crash While Investors Flee to Safety

Facebook is laying off another 10,000 people in the biggest contraction the US tech sector has seen… well ever. It’s only the latest, with...

Crypto, Now Safer Than Fiat

Crypto went through some turbulent months during the second half of ’22, but that might now largely be over as the excesses and carelessness...

4 Potential Impacts the SVB Fallout May Have on Banks

The fintech industry experienced quite a dramatic weekend of fast-breaking news regarding the collapse of Silicon Valley Bank (SVB). By now, you’ve likely...

USDc and DAI Re-Peg

USDc is back to being worth precisely one dollar after it fell to as low as 88 cent following revelations Circle held $3 billion...

SEC Seems “Strangley Amateurish” Says Paul Graham

Paul Graham, the founder of the Silicon Valley based startup incubator Ycombinator, has called the Securities and Exchanges Commission (SEC) “amateurish.” “They do seem strangely...

Central Banks Now Need a Bailout

Central Banks are broke. They’re losing billions and even a trillion for the Federal Reserve Banks with the magic money printer suddenly requiring a...

Fed Burns Half a Trillion

The Federal Reserve Banks have reduced their total assets by half a trillion since April, down from $8.96 trillion to $8.47 trillion. That’s the biggest...

Gas Plunges to a Yearly Low

Natural gas prices have bitcoined, spiking up to €300 in Europe this summer, to only crash to €55, that’s August 2020 levels according to...

A Trillion Dollar Coin, is it Coming?

Paul Krugman is for it. “Money is a social contrivance,” he said back in 2013, just months before calling bitcoin “evil” for being a...

Gov Buying Bitcoin Says Tucker Carlson

When your news is entertainment, managed chaos prevails and through managed chaos democracy falls to dictatorship – Aristotle Tucker Carlson, the host of one of...

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