Global Intelligence
Global markets are in a unique situation; the USD being the global reserve currency, issued sanctions on the world’s largest energy producer. This caused 2 phenomenon in markets that usually happen as opposites (not together): Soaring USD Index, as real money flows drive the USD through the roof Domestic USD hyperinflation Typically, as seen in […]
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From ZH China expanded its escalating crackdown on cryptocurrencies on Friday when its central bank declared that all activities related to digital coins are “illegal” and must be banned. In a statement the People’s Bank of China said the latest notice was to further prevent the risks surrounding crypto trading and to maintain national security and social […]
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From ZH It was supposed to be the biggest threat to the reserve status of the dollar (China’s denial that it has no desire to replace the USD with the digital yuan only confirms it) since the failed experiment that is the “whatever it takes” euro, but instead it is turning out to be one giant yawn. […]
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