#WATCH: In July 2021, Fed Chair Powell was asked about cryptocurrencies and stable coins.
He responded, "You wouldnโt need stable coins or cryptocurrencies, if you had a digital US currency."
Now, the Fed is preparing to launch their FedNow payments service.
They just said they have made "no decision on issuing a central bank digital currency (CBDC)."
Is the Fed laying the framework for a US digital currency?
Kita tidak tahu kapan mbledosnya pedagang kecil di pasar tradisional itu begitu ambil akad kredit. Harga jual dagangan sudah pasti akan dipatok lebih tinggi atau dengan harga menyesuaikan pesaing konsekuensinya setoran macet ๐คท๐ฟโโ๏ธ
Sementara itu, masih bisa beli sego kucing, sepotong gorengan, setusuk ceker ayam, dan teh manis anget dengan Rp 10,000,-
Mungkin yang jualan tidak pinjam uang di ksp, atau mungkin di bank untuk modal kerja usahanya ๐คท๐ฟโโ๏ธ
Harga tanah dan rumah udah ugal-ugalan, hutang digebuk suku bunga relatif tinggi, ditindas inflasi kebutuhan yang tinggi, dicekik investasi bodong. Dilain sisi dikepung oknum pejabat yang hidup foya-foya. Piye kabare? Tenang dadi pns kementrian & bankir bumn to? ๐
As a founder of a #Bitcoin startup, everyone wants to speak to me about โCryptoโ.
They all think Bitcoin = Crypto and that they have found the next big thing!
So I decided to make this visual.
If you read this and still donโt get it, oh well, HFSP.
For everyone else, #stack that corn as if your freedom depended on it. ๐๐๐
@BaElenhodl@SenWarren What "shit" did I talk about her?
She is an elected public official, I just wanna know where all that money came from, is it too much to ask?
It's hard to imagine someone so busy like her being able to multiply her fortune so easily and quickly as she did.
If Elizabeth Warren saved her entire yearly salary and never spent a dime it would take her 235 years to accumulate $67 Million. So my question is, where did her money come from? ๐คจ
Gold and Silver breaking out to 12 month highs today ... and this is just getting started.
We are looking at a multi-year bull market ... I am not going to be one of those guys saying $8,000 #gold (because @pizdets17 will get upset at me) but $2,500+ gold and $35+ #silver is definitely within reason this year.
3 financial statements every investor needs to know:
โข Balance Sheet
โข Income Statement
โข Cash Flow Statement
As the Head of Financial Reporting at Amalgamated Bank ($55 billion AUM), I worked with financials daily, here is how you understand & analyze each:
Unpopular opinion:
A house is a product created by the banks so they can loan you money.
Most of you will not like this.
But everyone should read this:
(A thread)