Category: economists

Busking For Bitcoin: Report Finds Street Performers Depend On Digital Payments

Street performers, or buskers, are leaning more toward digital platforms these days compared to the old method of accepting loose change. A report recently published by economists at RMIT University…

As Bitcoin’s Yearly Inflation Rate Dips To 1.77%, BEA Data From May Shows US Inflation Fears Are Legitimate

The U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3.4% in May from a year prior.…

White House Defends Trillion-Dollar Stimulus While Jamie Dimon And Larry Summers Warn Of Runaway Inflation

On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning rising inflation and low-interest rates. Inflation has risen at unprecedented levels in the U.S.…

US Dollar Drops To A Three-Year Low, Greenback Could Dip 10% Lower, Fed Still Not Ready To Taper QE

America’s currency has been flirting with lows again, as the U.S. Dollar Index (DXY) dropped to a low of 89 on Tuesday and the following Thursday. This is the third…

Father Laughs Off Son’s Financial Hopes: How The Ones You Love The Most Want To See Bitcoin Fail

Some people will never believe in bitcoin and the cryptocurrency economy Satoshi’s invention has created. A lot of cryptocurrency believers are familiar with the mainstream pundits and economists claiming bitcoin…

More Stimulus Coming? President Biden And Senate Democrats Press For Another $3 Trillion

On the heels of the last stimulus package, U.S. President Joe Biden is creating more legislation that may lead to a massive $3 trillion package dedicated to domestic needs and…