Bitcoin News / Bitcoin.com - 11 months ago
Peter Schiff, the chief economist of Europac and best-selling author, has blasted the recent bipartisan deal regarding the United States debt ceiling. According to Schiff, the proposal fails to address the already inflated budget, allowing rises in s...
Bitcoin News / Bitcoin.com - 11 months ago
Economist and ardent gold advocate Peter Schiff caused a stir on Friday by announcing his participation in an upcoming art sale featuring non-fungible tokens (NFTs). These unique digital collectibles will be minted on the Bitcoin blockchain using Ord...
Bitcoin News / Bitcoin.com - 11 months ago
A Canadian economist and professor at the University of British Columbia says the role of the U.S. dollar in international trade and as a reserve currency has been declining. “Other currencies have been getting more important in international transac...
Bitcoin News / Bitcoin.com - 11 months ago
Peter Schiff, best-selling author and chief economist of Europac, has warned about the coming of a new great depression period in America. In an interview, Schiff stated that official Consumer Price Index (CPI) numbers were designed to mislead the pu...
Bitcoin News / Google News Bitcoin - 11 months ago
Bitcoin is a bubble with 'no inherent value and is terribly overpriced,' top economist Steve Hanke says& & Yahoo Finance
Bitcoin News / Google News Bitcoin - 11 months ago
Economist Peter Schiff Says 'Nobody's Money Is Safe in Any Bank' — Warns of Financial Crises, Depressions ...& & Bitcoin News
Bitcoin News / Bitcoin.com - 11 months ago
Economist Peter Schiff expects a lot more banks to fail, warning that “nobody’s money is safe in any bank.” He stressed: “When the Fed sets interest rates too low and prints a lot of money … it unleashes massive inflation, creates tremendous economic...
Bitcoin News / Bitcoin.com - 1 year ago
Economist Peter Schiff has warned that the U.S. economy is facing stagflation and the situation is going to get worse. “Not only is the economy weakening, but inflation is strengthening,” he stressed, emphasizing: “You have the wors...
by COINS NEWS - 1 year ago
For those out of the loop, the Bank of England chief economist made a comment about the current economic and financial conditions. In his remarks he said “What we’re facing now is that reluctance to accept that yes we’re all worse off, we all have to...
Bitcoin News / Bitcoin.com - 1 year ago
Another week has passed in the world of crypto and finance, with the anniversary of Bitcoin creator Satoshi Nakamoto’s last known emails, predictions of massive declines in Americans’ standard of living, and important developments at the...
Bitcoin News / Bitcoin.com - 1 year ago
Economist Stephen Jen, a former Morgan Stanley managing director, expects a shift “from a unipolar reserve currency world to a multipolar world,” with the Chinese yuan, the euro, and the U.S. dollar forming a “tripolar” reserve currency configuratio...
Bitcoin News / Bitcoin.com - 1 year ago
Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist said. Future increases will depend on the economic data but this is still not the right time to stop, according...
Bitcoin News / Bitcoin.com - 1 year ago
Former White House economist Joseph Sullivan has warned that a BRICS currency would erode the U.S. dollar’s dominance. If member nations use only a common BRICS currency for international trade, “they would remove an impediment that now thwarts...
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin (BTC) About To Soar Into ‘Blow-Off Top’ for the Summer, According to Economist Henrik Zeberg& & The Daily Hodl
Bitcoin News / Bitcoin.com - 1 year ago
Economist Peter Schiff has warned that the U.S. will default on its debt obligations. He further stressed: “All the bad stuff that they’re saying is going to happen if we don’t raise the debt ceiling is guaranteed to happen because we do raise the de...
Bitcoin News / Google News Bitcoin - 1 year ago
Economist Warns of 'Catastrophic' Fall in American Living Standard — Elon Musk Weighs in on De-Dollarization, US ...& & Bitcoin News
Bitcoin News / Bitcoin.com - 1 year ago
Economist Peter St Onge has warned that U.S. dollar weaponization will lead to “soaring inflation, a catastrophic fallen American standard of living, and a U.S. that falls off the world stage.” Commenting on the economist’s warnings, Tesl...
Bitcoin News / Bitcoin.com - 1 year ago
Economist Peter Schiff has warned that a death blow is coming for the U.S. dollar and the USD will lose its global reserve currency status in this financial crisis. “People are still reluctant to call it a financial crisis, but that’s exactly what it...
Bitcoin News / Bitcoin.com - 1 year ago
In a congressional hearing, White House economist Jared Bernstein says there’s “some evidence” that China wants the U.S. dollar to lose its status as the world’s reserve currency. However, U.S. Senator Bill Hagerty stressed that the biggest threat to...
Bitcoin News / Bitcoin.com - 1 year ago
This year, there has been a flurry of news reports and opinion editorials discussing an alleged de-dollarization trend amid a wave of disclosures associated with the BRICS bloc. In a recent article, the American political scientist and author Ian Bre...
Bitcoin News / Bitcoin.com - 1 year ago
In crypto news this week, the Ethereum network’s long awaited Shapella upgrade took effect, unlocking staked ether. In the broader financial world, economist Harry Dent has predicted a massive crash to hit by mid-June, bank lending plummeted b...
Bitcoin News / Bitcoin.com - 1 year ago
Economist Paul Krugman questioned why Republican Florida governor Ron DeSantis opposes a central bank digital currency (CBDC) in a recent opinion editorial. Krugman suggested that DeSantis may be motivated by “general paranoia.”...