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Posts Tagged: “euro“
European Central Bank Laying Groundwork for Digital Euro
The European Central Bank (ECB) is laying the groundwork to roll out its version of a central bank digital currency (CBDC). According to the ECB’s website, the “preparation phase” for the digital euro begins in November and “builds on the findings from our investigation phase.”
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Exploring FinanceThe Global Bank Credit Crisis
Globally, further falls in consumer price inflation are now unlikely and there are yet further interest rate increases to come. Bond yields are already on the rise, and a new phase of a banking crisis will be triggered. This article looks at the factors that have come together to drive interest rates higher, destabilising the […]
Peter Schiff: We Have Global Currency Weakness; They’re All Losing Value When Priced in Gold
Several currencies have been strong against the dollar over the last couple of days, but as Peter Schiff said in his podcast, the biggest gainer wasn’t a currency at all. It was real money – gold. Gold hit six-year highs on Monday and set records in a number of currencies. It continued to move upward […]
Jim Rogers: The Dollar Is on the Way Out
Investment guru Jim Rogers recently told RT that the dollar is just a few short years away from losing its global dominance. In the next few years, the American dollar is going to lose its position as the world’s reserve currency and the world’s medium of exchange.”