U.S. president Joe Biden revealed his intent on Monday to re-nominate Jerome Powell as the Federal Reserve chairperson. Major indices and stocks gained on the news that Powell will get a second term as the […]
Bitcoin hit a new record high today, touching $69,000 for the first time as inflation data from the U.S. Department of Labor showed the highest annual jump in consumer prices since 1990. The consumer price […]
Inflation continues to remain hot in the United States as supply constraints and higher oil prices continue, seeing barrels of crude surge above $80 per unit. Meanwhile, data released on Friday indicates that consumer expenditures […]
The Longer We Wait, The Harder We Fall On Friday, October 15, 2021, U.S. President Joe Biden signed legislation raising the government’s borrowing limit to $28.9 trillion. Many Americans are now accustomed to this recurring […]
Inflation concerns are driving Bitcoin’s record run, JPMorgan strategists said. Gold is failing to perform as an inflation hedge, prompting investors to rotate into BTC. “We believe the perception of Bitcoin as a better inflation […]
Let’s focus. If we do, we can finish our analysis of Saifedean Ammous’ “The Bitcoin Standard” this century. The rest of this chapter is all about inflation, the buzzword of the last few months. As […]
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