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Showing 249 Results for cancel currency
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July 21, 2021
ASIA: China has scrapped its population control policy. Families in China can have as many children as they like without facing fines or other consequences. The announcement ended, in practice, decades of restrictions on the number of children each household could have, as authorities attempt to encourage births in the face of a rapidly aging […]
July 6, 2021
ASIA: Didi Global Inc shares fell as much as 25% in early U.S. trading on Tuesday in the first session since Chinese regulators ordered the company’s app to be taken down days after its $4.4 billion listing on the New York Stock Exchange. The ride-hailing giant’s app was ordered to be removed from mobile app […]
June 19, 2021
The move to end paper money and move toward a national cryptocurrency took a major step recently when the House Financial Services Committee task force expressed support for experiments to create a digital cryptocurrency version of the U.S. dollar. They argued that the United States had to keep pace with China, and in the […]
June 10, 2021
ASIA: Indian economy is expected to expand 8.3 percent in fiscal year 2021-22, a report by World Bank projected on Tuesday. In its latest issue of Global Economic Prospects, the Washington-based global lender said that even though the forecast has been revised up by 2.9 percentage points, its masks significant expected economic damage from the […]
June 2, 2021
I find it interesting how nobody seems to distinguish between a digital currency and blockchain cryptocurrency. The former is not traceable other than that transaction. To eliminate cybercriminals, the World Economic Forum is pushing ending paper money and moving to cryptocurrencies – not digital. With blockchain, the government would be able to trace […]
May 21, 2021
ASIA: Trade between China and the US continued an upward trend in the past four months, official data showed, highlighting inseparable economic relations between the two countries. In the first four months of the year, China’s trade with the US rose 50.3 percent year-on-year to 1.44 trillion yuan ($222.8 billion), making the US its third […]
May 19, 2021
ASIA: The price of Bitcoin fell below $34,000 (£24,030) for the first time in three months on Wednesday, after China imposed fresh curbs on cryptocurrencies. Beijing banned banks and payment firms from providing services related to cryptocurrency transactions. Despite this, a major US based bank, Wells Fargo, said on Wednesday it would introduce professionally managed […]
May 17, 2021
COMMENT: Dear Marty Something strange is happening with the European banks. For some time banks such as ING or CITCO have been closing down our company’s bank accounts claiming they cannot do business if the UBO owns more than 25% of the company. Now we are finding it near impossible to open new accounts with […]
May 11, 2021
QUESTION: Mr. Armstrong. I heard you are the best when it comes to monetary history and systems. I found your comment that it was not the printing of money that created the German hyperinflation but they first confiscated 10% of everyone’s assets. My question is this the only such example? I have listened to two […]
March 31, 2021
There is an enigmatic power which is the true Mysterious Force of Synchronization which exists in everything within the universe from electronics, biology, all the way to planetary movement. This mysterious force is known to engineers and even the military. In 1831, there was a rather interesting collapse of the Broughton Suspension Bridge in Manchester, […]