“The head of the Bank of International Settlements has predicted a bad ending for cryptocurrencies, calling for an end to their production in a recent interview.”
All of the hand wringing on both sides could be solved by one simple word: federalism.
“In China the fingerpointing over who is responsible for China’s economic mess has begun.”
“The currency war has arrived. So say some of the best and brightest in the $5.1 trillion-per-day foreign-exchange market.”
“‘We should prohibit U.S. persons from buying or mining cryptocurrencies,’ the California Democrat – whose largest donor is credit card processor Allied Wallet – declared.”
“The California Supreme Court shot down the controversial initiative from appearing on the November ballot in a unanimous decision, writing that ‘significant questions have been raised regarding the proposition’s validity.'”
“Fiscal-Gonzalez said she didn’t know taking the shells from the beach was illegal. She was planning to give the state-protected mollusks away as gifts.”
“The White House budget office now estimates that the deficit will rise to nearly $1.1 trillion in the fiscal year that begins this October, or 5.1% of gross domestic product, up from $984 billion projected in February’s budget proposal. The U.S. ran a deficit of $666 billion for the fiscal year that ended Sept. 30, 2017, or 3.4% of GDP.”