By Lubomir Tassev Cryptocurrencies undoubtedly bring new business opportunities. The expanding industry around digital assets and its customers need more and more services that traditional sectors can provide. Banking is often a bottleneck in the crypto space as most traditional institutions are still reluctant to get their feet wet. Smaller banks, however, are more willing … [Read more...] about Big Banks Won’t Touch Crypto Clients – But These Smaller Banks Will
Banking
The High Price of a “Free Lunch”
By Frank Hollenbeck One of the Ten Commandments is “thou shalt not steal,” and theft is generally condemned in most religions, yet our religious leaders and followers have essentially turned a blind eye to government theft. Based on a policy of envy, Bernie Sanders, for example, has bluntly stated he intends to tax the rich to fund his programs, as though the word rich … [Read more...] about The High Price of a “Free Lunch”
Negative Interest Rate Policies are Backfiring — New Research
Negative interest rate policies - where nominal rates are set below zero percent - have been introduced in Europe and Japan to stimulate flagging economies but research from the University of Bath shows the unconventional monetary strategy may be doing more harm than good. Recently, several major European banks announced plans to pass on negative interest rates to … [Read more...] about Negative Interest Rate Policies are Backfiring — New Research
The Hidden Tax in Central Banks’ Low-Interest Policy
By Brendan Brown Under the regime of the two-per-cent inflation standard, governments are levying a vast new tax. This shows up nowhere in public sector or private sector accounts and has so far created little if any resentment among those subject to its burden. Many live in the illusion that there is a continuing escape possible. This is a dream tax from the viewpoint of … [Read more...] about The Hidden Tax in Central Banks’ Low-Interest Policy
Doing What You Want With Your Money Is a Fundamental Right
By Jamie Redman Since the birth of Bitcoin, crusaders fighting for the separation of money and state discovered a new payment tool that bypasses the nation state’s control over the monetary system. For over ten years now, lots of people have been using digital currencies to hide from prying eyes of governments in order to free themselves from a system that contributes to … [Read more...] about Doing What You Want With Your Money Is a Fundamental Right