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Economy
The Fed Is Ignoring The Demand For Money
Douglas Rissing/iStock via Getty Images If over the past 13 years that I have been publishing it, this blog has contributed anything to our collective understanding of monetary policy, it is a focus on the balance between money…
Lost work due to omicron? What to know about unemployment benefits
Pedestrians stand in line at a Covid-19 mobile testing site at Columbus Circle in New York, on Dec. 5, 2021.Jeenah Moon/Bloomberg via Getty ImagesCovid cases are spiking in some parts of the U.S., and the highly contagious omicron…
Analysis: Modi’s farm reform reversal to deter investment in India’s agriculture
NEW DELHI, Dec 5 (Reuters) - India's repeal of agriculture laws aimed at deregulating produce markets will starve its vast farm sector of much-needed private investment and saddle the government with budget-sapping subsidies for years,…
How An 18th Century Gambler Paved The Way For Central Banks, And Necessitated Bitcoin
I always love writing about the bridge between current events and their (often entertaining) counterparts or parallels in history. The current “war-on-cash” we see by the nation states along with the planned economy of the Amazons,…
Bitcoin Can Be The Undoing Of Inequality
This is an opinion editorial by Andrew Hetherington, a contributor to Bitcoin Magazine.Since the Nixon Shock of 1971, wealth inequality has soared to levels not seen in over a century. The dollar was no longer redeemable for gold but was…
Emmanuel Macron secretly aided Uber lobbying drive in France, leak reveals
Emmanuel Macron went to extraordinary lengths to support Uber’s lobbying campaign to help it disrupt France’s closed-shop taxi industry, even telling the tech company he had brokered a secret “deal” with its opponents in the French…
Chinese business groups urge India to stop irregular tax probes, saying move shakes
File photo Two Chinese chambers of commerce in India urged New Delhi to change its irregular tax probe practice and treat foreign investors equally, actively engender an open, fair, and non-discriminatory business environment for…
Forget rate hikes, these analysts are predicting interest rate cuts next year
Some central bank watchers believe the Fed and the ECB will have to stop their tightening cycles because of an upcoming recession.Olivier Douliery | AFP | Getty ImagesCentral banks around the world might have embarked upon a path of…
Opinion | An Oil Price Cap for Russia?
Oil tanks at Volodarskaya LPDS production facility in the village of Konstantinovo in the Moscow region on June 8.…
The world may be careening toward a 1970s-style energy crisis — or worse
Unlike those infamous episodes, this one is not contained to oil."Now we have an oil crisis, a gas crisis and an electricity crisis at the same time," Fatih Birol, head of the International Energy Agency watchdog group, told Der Spiegel…