Central Banks engage upon easing and tightening. They handle the monetary policy for a nation. Government embark upon fiscal policy, ie spending.
In this video I discuss how these things can affect markets and thus our investing.
▶️ 3Speak
Central Banks engage upon easing and tightening. They handle the monetary policy for a nation. Government embark upon fiscal policy, ie spending.
In this video I discuss how these things can affect markets and thus our investing.
▶️ 3Speak
It's exactly what Jerome Powell has been stating "fiscal and momentary policy" so I don't know what to think anymore. For now, I think they are out of tools and have no choice but to rely on Congress.
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The Fed is screwed. They are backed into a corner with few options.
Of course, the fiscal will just be more spending which is needed. This thing cannot stand on its own.
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Bitcoin is my central bank
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Why not Hive?
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HIVE is my social bank.
Can't wait to have DeFi on HIVE.
I guess we need to figure out a sustainable solution to HBD peg first.
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Governments handle all the fun stuff and spend money while the central bank does all the boring stuff - the clowning around version :)
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Yeah unfortunately, in the US at least, the bankers, as scummy as they are, are under the thumb of the politicians, who are scummier.
At least the bankers are clear in what they are and can predict what they will do. Politicians dangerous because they are clueless (most are lawyers anyway).
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