[ad_1] The exchange rate of the Russian currency versus the US dollar recently fell below RUB100 per greenback — its lowest in 16 months. Economists attribute the ruble’s recent decline to the…
Category: us dollar
Global CBDC Rollouts Will Give Governments Massive Control and Power, Warns Cato Institute President
[ad_1] Central bank digital currency (CBDC) is the ultimate trojan horse for citizens around the world, according to Peter Goettler, president of the Cato institute. Goettler, who has been president and CEO…
$450,000,000,000 To Exit US Banks As Treasury Kicks Off Massive Borrowing Spree: Morgan Stanley
[ad_1] Analysts from Morgan Stanley predict nearly half a trillion dollars will leave American banks as the US Treasury proceeds with plans to roll out new T-bills. Morgan Stanley expects $1.364 trillion…
US Dollar Dominance Is Coming to an End, Time For Chinese Yuan To Advance Has Arrived: CEO of Russia’s Second-Largest Bank
[ad_1] The chief executive of Russia’s second largest bank said that the US dollar was on the verge of losing its role as the world’s dominant currency amid the rise of the…
Overwhelming Majority of Americans Oppose US CBDC That Would Allow Government to Track and Control Spending: Survey
[ad_1] A new survey from an American think tank shows the majority of US adults oppose the adoption of a central bank digital currency (CBDC) that allows the government to track and…
BRICS Leader Says Wave of Interest Incoming As Group Aligns Against US Dollar: Report
[ad_1] A group of economically aligned countries known as the BRICS is reportedly sifting through the spike in interest from countries seeking to join the coalition. The group, which is exploring launching…
Bitcoin Emerges As The Top Choice For Safe Haven Investors
[ad_1] The weakness associated with the US dollar is now commonly known, as evidenced by the efforts of the BRICS countries to promote de-dollarization and the increased risk of default on US…
US Debt Obligations To Hit $200,000,000,000,000 if Entitlements Are Not Cut As Demographic Storm Looms: Stan Druckenmiller
[ad_1] Legendary investor Stanley Druckenmiller warned that America’s fiscal situation could force the country to give up most of its programs and social rights. In a new keynote speech, Druckenmiller, known as…