News with the tag "money printing"

Even with Bitcoin surging past $100,000 for the first time, some critics have remained skeptical about the cryptocurrency’s future.

Economist and gold advocate Peter Schiff noted that if gold could rise from $20 to $2,600 an ounce, it could potentially reach $26,000 or even $100,000. He shared his views on global economic issues, including U.S. dollar weakness, China’s economic resilience, and the impact of U.S. foreign policy o...

Peter St Onge, an economist and financial analyst, has explained his proposal to save the U.S. dollar from crumbling under the current central banking system. St Onge proposes returning to the gold standard, backing the total dollar issuance with gold at current prices and mandating the Treasury to ...

Unpacking the Incoherence and Hubris of Modern Monetary Theory and Its Intersection with CBDCs and Bitcoin

If you have the money printer – as is the case for many of the blockchain projects with the power to create their own digital tokens – why wouldn't you use it? PLUS: Vitalik Buterin riffs on meme coin and Ethereum's new "blob market."

The host of the Coin Bureau YouTube channel, Guy Turner, believes that Bitcoin (BTC) could hit nearly $200,000 this market cycle. In a new strategy session, Turner tells his 2.42 million YouTube subscribers that history indicates the top crypto asset by market cap will likely soar to six figures som...

Former Goldman Sachs executive Raoul Pal is detailing what he believes will be two positive catalysts for crypto assets in 2024. In a new interview on the Wealthion YouTube channel, the macro guru and Real Vision CEO tells SkyBridge Capital founder Anthony Scaramucci that upcoming stimulus packages ...

Arthur Hayes, former CEO of crypto exchange Bitmex, has predicted a remarkable surge in the price of bitcoin, envisioning it reaching $1 million amidst anticipated banking bailout measures and significant money printing by the Federal Reserve. Hayes expects the troubled New York Community Bancorp (N...

The Federal Reserve Bank is printing a record number of $50 bills as Americans feel the urge to hold physical cash. The Bureau of Engraving and Printing, the agency in charge of money printing operations in the US, created 756.09 million new $50 bills in 2022, reports CNN. The pile of fresh cash is ...

The CEO of Lightning Network wallet Strike says one catalyst could trigger a surge for the king crypto that could swiftly see it hit a six-figure price tag. In a new interview with Fox Business, Jack Mallers says that he envisions Bitcoin (BTC) eventually being worth hundreds of thousands of dollars...