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At a press conference on Wednesday, the head of the Swedish Central Bank admitted that interest rates could potentially go as low as -1.5%, and quipped that Swedes likely wouldn’t even protest. Other countries implementing negative interest rate policies are producing lukewarm results that don’t address the root causesContinue Reading

In a World Where Central Planners Push Debt, Cryptocurrencies Look Better Every Day

BanksBitcoin NewsBusinessCryptocurrenciesdebtEconomics

By: Site Manager

Tagged: Broken Financial System, Central Planners, Cryptocurrencies, Financial Institutions, Governments, Interest Rates, Negative Interest Rates

Economists have been predicting a worldwide recession which could pose a risk to financial stability throughout various countries. Fear of an economic downturn has caused the central bank of Australia to cut interests rates on Tuesday and both the U.S. Federal Reserve and the Reserve Bank of India areContinue Reading