(Tyler Durden) “Human Nature: Paleolithic Emotions, Medieval Institutions, God-Like Technology”
Central Banks
Central Banks Have Broken the True Savings-Lending Relationship
(Frank Shostak) Most people believe lending is associated with money. But there is more to lending. A lender lends savings to a borrower as opposed to “just money.” Let us explain.
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IMF Official Warns Western Sanctions on Russia Are Threatening the Dollar As World’s Reserve Currency
(JD Heyes) Recently imposed economic and financial sanctions on Russia by the U.S.-led West after Vladimir Putin ordered the invasion of Ukraine are weakening the dominance of the U.S. petrodollar as the world’s reserve currency, according to a ranking International Monetary Fund official.
There Are Currently At Least 80 Central Banks Around the World Looking at Digital Currencies
(Joe Hoft) There are at least 80 countries around the world looking at digital currencies.