Economics And Finance
US Treasury Plans Increased Auctions To Fund Looming Trillion-Dollar Deficits
The department introduced a new two-month Treasury bill and will consider an additional auction of inflation-protected securities. US Treasury Plans Increased Auctions To Fund Looming Trillion-Dollar Deficits The U.S. Treasury Department will step up auctions of U.S. debt by an additional $30 billion over the next three months and introduced…
Credit Card Usage Declines, Bitcoin Payment Systems Rise
More than half of U.S. consumers are aware of technologies that would allow them to make payments via apps. Credit Card Usage Declines As Bitcoin & Digital Payment Systems Reach Mass Adoption An evolution is under way in the global payment system. Advances in mobile phones and internet technology are giving…
The Pension Hole for U.S. Cities and States Is the Size of Japan’s Economy (#GotBitcoin)
Many retirement funds could face insolvency unless governments increase taxes, divert funds or persuade workers to relinquish money they are owed. The Pension Hole for U.S. Cities and States Is the Size of Japan’s Economy (#GotBitcoin) For the past century, a public pension was an ironclad promise. Whatever else happened,…
Dwolla: A New and Revolutionary Way to Pay and Be Paid!
A New and Revolutionary Way to Pay and Be Paid! Say Good-By To Paypal and Credit Card Companies! Dwolla, a startup in the online payments markets, announced three new services Friday that it hopes will accelerate both merchant and consumer acceptance of Dwolla transactions, one of the big barriers that…
The Creature From Jekyll Island Explains Why The U.S. Financial System is Corrupt And How It Came To Be That Way
The title "The Creature From Jekyll Island" refers to the November 1910 meeting at Jekyll Island, Georgia, of six bankers and economic policymakers, who represented the financial elite of the Western world. The Creature From Jekyll Island Explains Why The U.S. Financial System is Corrupt And How It Came To Be That Way [embed]https://www.youtube.com/watch?v=lu_VqX6J93k&list=PLU1KxUVqGmaP12ItPrcJcAoGiAq85G4S7&index=1[/embed] "Let Me Issue And…