Category: US DOLLAR

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…

While Bitcoin Energy Concerns Grow, Nobody Discusses The Carbon And Military Violence Backing US Dollars

This week a great number of bitcoin supporters and skeptics have been arguing over whether or not bitcoin mining is harmful to the global environment. However, crypto supporters have been…

Stan Druckenmiller: US Will Likely Lose Reserve Currency Status In 15 Years, Hard To Unseat Bitcoin As Store Of Value

Legendary fund manager Stanley Druckenmiller says that he is worried that within 15 years the U.S. dollar will lose its world’s reserve currency status. He said that crypto is a…