Following The Decade-Long IMF Playbook

2021-10-14 03:00

Alarmingly, G7 governments appear to be following a playbook designed to cap interest rates and let inflation run hot.

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following playbook rates interest let inflation hot

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China is following Facebook’s playbook to issue a centralized digital currency

China‘s upcoming state-controlled digital currency is to be similar to Facebook‘s proposed coin, which makes total sense, because Libra isn’t really a cryptocurrency. Mu Changchun, deputy director of payments at China‘s central bank, explained the country was issuing its digital currency “to protect our monetary sovereignty and legal currency status,” Reuters reports.

2019-9-6 15:44