Why ‘Inflation Is Transitory’ Can’t Be True

Powell Destroys Credibility

This article was originally published by Austin Litman on Proofofwork.ca What happened to “inflation is transitory”? Why were we told that inflation wasn’t going to last? Because they were able to get away with it and wanted to keep the population calm. The average Joe doesn’t know how inflation works, so the Fed can say […]

How To Protect Your Wealth During Record High 10.1% Inflation

Dominik Frisby Bitcoin

This article was originally published by Dominic Frisby on MoneyWeek Inflation in the UK has just hit 10.1%, says the Office for National Statistics.  That is five times the Bank of England’s stated target of 2%.  FIVE TIMES!  Sorry to shout.  The joy of the public sector is that you can be this bad at […]

Nigerians Want Bitcoin, Not eNaira

Nigerians want Bitcoin

A year after Nigeria launched its CBDC shitcoin, only less than 0.5% of Nigerians are using it according to a Bloomberg report. The Government of Nigeria launched its Central Bank Digital Currency (CBDC) dubbed the eNaira in 2021. One year later, the results are in. At only a 0.5% adoption rate, the eNaira is failing. […]

The Global Meltdown Of The Financial System Is Bitcoin’s Time To Shine

fiat meltdown bitcoin shine

In January 2009, Satoshi Nakamoto provided a hint as to the motive for Bitcoin. Embedded in the genesis block was the now famous Times headline, “Chancellor on brink of second bailout for banks”. On Tuesday the 27th of September the headline could have been copy/pasted as the Bank of England pledged billions of pounds to […]

Bitcoin Up As $3.3T Leave Stock Market Amid Fiat Currency Slump

market crash bitcoin up

by Arun Shrivastav $3.3 trillion USD have been wiped out of the U.S. stock market in September. The global financial world is in a complete tailspin with tens of trillions of dollars of value eroding from the markets. Stocks and currencies have been battered and inflation has been stubbornly high throughout major economies. For example, […]

The “New Normal” Is Poverty, And Here’s Why

The New Normal Is Poverty, And Here's Why

Macro economist Abams Pascal explains the dynamics of money, credit, and bonds to illustrate how fiat currencies are collapsing and why bonds would make a better investment under a Bitcoin standard.

Australia’s Central Bank Suffers Losses Worth Billions In Bond Purchase Program

Central Bank Australia Bond Loss

The Reserve Bank of Australia has made public that it suffered losses in its bond purchasing program. Michele Bullock who’s the Deputy Governor of the Reserve Bank of Australia (RBA) spoke at an event yesterday in Sydney, hosted by Bloomberg. Bullock said Australia’s central bank suffered a huge loss in its bond purchasing program during […]

Could The End Of Cheap Money Spark A House Price Crash In The UK?

uk housing bubble

This article was originally published by Dominic Frisby on Moneyweek. Back in 2007 comedian Susan Murray phoned me up with a question. She was just arranging a new mortgage and she wanted to know where I thought interest rates were going. She was deciding whether to get a fixed or a variable rate mortgage. I […]

Bitcoin’s Growth Curve Knocks Out Gold, Oil and Bonds

Bitcoin Oil Gold

An August Bloomberg Intelligence report on Bitcoin’s growth curve saw it closely matching those of gold, oil and U.S. Treasury (T) bonds. In its August edition of “CrYptO Outlook” senior commodity strategist Mike McGlone and senior market structure analyst Jamie Coutts, compared Bitcoin markets to those of gold, bonds and oil. This might have been due to: […]