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In recent times, Elon Musk, the owner of X and the CEO and product architect at Tesla, Inc., has been voicing his concerns about inflation. This discussion became especially prominent…
Payments in national currencies among Shanghai Cooperation Organization (SCO) members have reportedly increased from 40% in 2022 to 92%, signaling a move away from reliance on the U.S. dollar. Similar…
Bank Indonesia, the Bank of Korea, and South Korea’s Ministry of Economy and Finance have introduced a local currency transaction framework to boost bilateral trade using the rupiah and won.…
UBS predicts further depreciation of the U.S. dollar due to narrowing interest rate differentials, ongoing U.S. fiscal deficit concerns, and a shift in global central bank strategies. Despite a brief…
JPMorgan strategist Nikolaos Panigirtzoglou has discussed recent changes in the U.S. M2 money supply, noting a temporary rebound following a decline in April. He expects U.S. liquidity to contract again,…
As the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) gears up for its meeting on Sept. 18, anticipation is building for a rate cut. Market participants are placing their…
The prediction market Polymarket and CME’s Fedwatch tool suggest that a rate cut during the Federal Open Market Committee (FOMC) meeting in September is highly likely. However, BCA Research’s chief…
Economist and gold advocate Peter Schiff has cautioned about the U.S. dollar index falling substantially, “triggering a U.S. dollar crisis, crashing the economy, and sending consumer prices and long-term interest…
Robert Kiyosaki, the author of Rich Dad Poor Dad, has warned that the U.S. is adding a trillion dollars to its debt every 100 days. He advises investing in gold,…
Thomas Joseph Webster, Professor Emeritus of Economics at Pace University, challenges the long-held belief in the Federal Reserve’s political independence in his comprehensive report, “The Myth of Fed Political Independence.”…