Money Creation

Coalition of US Senators Press President Biden for a Fourth Round of Stimulus Checks

<div class=”featured_image_container”> </div> <strong>While Americans are still getting their third stimulus payments, discussions of tacking on a fourth round of direct payments to Joe Biden’s trillion-dollar infrastructure proposal have started trending. Just recently, a coalition led by Senate Finance Chair Ron Wyden and over a dozen Democratic leaders wrote a letter to President Biden asking …

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Christine Lagarde: ‘The European Central Bank Cannot Go Bankrupt or Run Out of Money’

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/424769″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”https://scoreit.online/wp-content/uploads/2020/11/728-by-90-2x-1-6.png” alt width=”728″ height=”90″></a></div><strong>In remarks that highlight flaws of the fiat currency system, the European Central Bank (ECB) president, Christine Lagarde, says the institution cannot go bankrupt even if it incurs losses running into trillions. According to Lagarde, normal bankruptcy rules …

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Covid-19: IMF Urges More Stimulus Support For Non-Contact Intensive Businesses

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/398639″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/11/lottery_major_1456x360_btc.jpg” alt width=”1456″ height=”360″></a></div><strong>The International Monetary Fund (IMF) is encouraging countries to create money to mitigate the effects of lockdown restrictions on economies. Specifically, the international lender wants businesses and workers displaced by the pandemic related responses to get financial support …

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$9 Trillion in Stimulus Injections: The Fed’s 2020 Pump Eclipses Two Centuries of USD Creation

Since September 2019, research shows the Federal Reserve has pumped over $9 trillion to primary dealers by leveraging enormous emergency repo operations. A recently published investigative report shows the U.S. central bank submits the daily loan tally, but the Fed will not provide the public with information concerning the recipients. Estimates say, in 2020 alone, …

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Devere Group CEO Predicts Bitcoin Can Replace Gold as Top Safe-Haven Within a Generation

A few weeks ago, Devere Group CEO and founder Nigel Green said that he believed the U.S. election would bolster the price of bitcoin. Speaking with the financial broadcast MoneyFM on Monday, Green said he also believes that bitcoin will replace gold as the ultimate financial safe haven within the timespan of a generation. Devere …

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Generations of Debt: US Taxpayers Held Liable for Federal Reserve’s $6.9 Trillion Balance

The central banking system in the U.S. and the country’s megabanks have manipulated the economy for quite some time and these days, the coronavirus has been a great excuse to create trillions for stimulus. A recent report from the analysts at Wall Street on Parade indicates that American citizens could be responsible for 98% of …

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