The blockchain-based cryptocurrency business is certainly a wild roller-coaster ride for anyone who has participated at any point since its inception and infiltration into the mainstream consumer’s digital consciousness. My views on the cryptophant community are not...
I explored the origin of the United States dollar and subsequent debasement in the first part of this series and then noted its weaponization by the Biden administration in response to the current geopolitical and financial crises that are accelerating a...
The Fed’s March 22 FOMC monetary policy decision hiked interest rates another .25 basis points to save face with its inflation battle, amid a sudden and ongoing banking crisis (Part 1 Twitter thread, and 2 ‘s thread) as a de-dollarization (thread) of the dollar’s...
The banking crisis is shifting rapidly and it’s fluid due to the complex and interconnected global financial system. This update will likely outdate itself by this weekend or next week as the drama unfolds. I began this series by penning a summary of what occurred...
A theory backed by convincing evidence says the dollar is often called a “buck” due to merchants trading goods for deerskin in the 1740s, long before the first United States dollar was minted with the Coinage Act of 1792. The exchange rate for a cask of whiskey being...
It’s been quite a weekend we just experienced that’s a memory lane Déjà Vu (video) for me if juxtaposed against the slow-roll trainwreck known as the Great Financial Crisis (GFC) when I occupied a cubicle with a risk management team in NYC. The launchpad into the...