If the direction of central bank liquidity influences asset prices, then it is central bank liquidity that also determines when cash is king and when cash is trash. Famous billionaire hedge fund investor Ray Dalio often refers to cash as trash, but cash can also be king. How often have you heard people lamenting being unable to participate in the bargains because they have no surplus spending money? So when money is tight, bargains...
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Central Bank Digital Currency (CBDC) is gaining momentum, according to the results of 2021. BIS survey on central bank digital currencies,published in May noted that more than a quarter of central banks are developing or running concept pilot plots. The BIS paper consisted of 81 central banks surveyed, which concluded that CBDC is gaining momentum due to several factors The pandemic has spurred demand for contactless digital...
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Global income inequality is on the rise after making decades of progress, and it is now emerging that the pandemic lockdowns have affected the poorest people in society the most. Moreover, the war in Europe is adding to supply chain problems for soft commodities and energy, which is fueling a cost of living crisis where the burden is felt the most by those scraping a living. So global income inequality and rising homelessness, and...
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What follows the everything bubble is the crash of everything in what has now become uninvestable markets. The first quarter of 2022 has been a bloodbath for investors with no safe haven places to hide. Many have allocated 60% of their portfolio in cash, US dollars, since the first quarter of 2022. As we noted in our top trends for 2022, the US dollar would outperform all other currencies in 2022. Our rationale for believing that...
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They are young, entrepreneurial, looking for cheap cross-border transaction solutions and an exit from failing fiat currencies, and they are increasingly pivoting to cryptocurrencies. Technologically savvy smartphone generation who have grown up in the digital age, many are economically active in the global digital village voted their preference of what future money will be, and it increasingly looks like cryptocurrencies....
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The blood profits are flowing for those with a stomach for investing in military defense companies in times of war. I feel uncomfortable profiting from defense stocks in wartime and have kept away, but it takes all sorts to make the world spin. So the Russian invasion of Ukraine in the first few days looks like a cakewalk as an endless rolling mass of Russian armor, tanks confidently, arrogantly thrust deep into Ukrainian territory...
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