BBVA has not denied that an officer swatted an elderly woman on fabricated grounds as retaliation for documenting his reckless advice.
Read more...How the Fed’s fingerprints are all over the repo mess.
Read more...Libra is going nowhere fast.
Read more...An explanation of the Federal Reserve money system.
Read more...Quelle surprise! Facebook’s touted Libra partners are getting cold feet.
Read more...Mark Carney talks about digital soverign currencies. But is he really describing nationalization? And if so, whither the commercial banks?
Read more...Bank of England Governor Mark Carney’s proposal to invent to replace the US dollar as the key reserve currency with a “synthetic hegemonic currency.”
Read more...The article assesses the information as yet made available about Libra, including the implications for its exchangeability, scalability, privacy, and security. It is clear the design of the currency is yet to be finished, and many questions remain about its governance and structure.
Read more...What is Libra supposed to bring to us that we don’t have already? Freedom from legacy currencies will have a high price to pay.
Read more...Credit card companies are paying for their stinginess via being exposed to rapidly rising levels of fraud.
Read more...Like Icarus, the social media monopoly is flying too close to the sun and generating much regulatory heat, which could eventually lead to its downfall.
Read more...Lawernce Wilkerson offers another dose of his pithy commentary on US policy versus Iran.
Read more...Trust issues with Facebook’s Libra for users, regulators, and technically. And is Facebook seeking to become a sovereign?
Read more...Italy is again threatening the Euro via a plan to introduce a parallel currency, the mini-BOT. Will this idea finally push the Eurozone to make overdue reforms?
Read more...MMT opponents try presenting their objections as technical, but they really are political.
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