Several countries are considering launching central bank-backed cryptocurrencies that are more stable compared to other cryptos. These will give fiat currency very stiff competition.
Britain Moves Closer to Launching Official Digital Currency
Smith has been debunked so many times already. You just got to read up on what has happened since his ideas were championed by those in power – and what happens to people who try to correct this basic mistake. Go Chomsky and others who bother learning and being compassionate, which is also something Smith had problems with.
Why? Nobody needs job agencies, they need jobs. Use the internet and find one for yourself, it shows the type of initiative employers are after anyways.
Nope, peer to peer is not what the idea was about – these guys are just wannabe banks and those that survive with end up being as bad as banks – the idea was about keeping interests rates cheap, not avoiding credit checks.
P2P lenders warned to pay attention to their cashflow
Business advisory group Duff & Phelps has urged peer-to-peer lending platforms to look at their cashflow to forecast potential problems and act early. Mark Turner, managing director, regulatory consulting at Duff & Phelps, said platforms should keep... #ChrisMcLean #Duff&Phelps #GrantThornton
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” it is imperative not just to lift people out of extreme poverty; it is also important to make sure that, in the long run, they do not get stuck just above the extreme poverty line due to a lack of opportunities that might impede progress toward better livelihoods.”
Ending poverty requires more than growth, says WBG
While economic growth remains vital for reducing poverty, growth has its limits, according to new World Bank paper released today. Countries need to complement efforts to enhance growth with policies that allocate more resources to the extreme poor
Asgardia is the prototype of a free and unrestricted society which holds knowledge, intelligence and science at its core along with the recognition of the ultimate value of each human life.
Several countries are considering launching central bank-backed cryptocurrencies that are more stable compared to other cryptos. These will give fiat currency very stiff competition.
The problem with cryptocurrencies replacing fiat money is that they are too volatile.
Cryptocurrencies are becoming increasingly popular worldwide, and top cryptos such as bitcoin might replace real currencies within no time.
https://markets.businessinsider.com/news/cryptocurrencies/bitcoin-vs-fiat-global-finance-2050-crypto-experts-finder-2021-7
Not entirely Smith’s fault but he should have known his words would have been twisted by those with less scruples and more to lose.
more here, agreed btw.
I can highly recommend Jeff Madrick’s book “Seven Bad Ideas: How Mainstream Economists Have Damaged America and the World.” reviewed here https://www.huffpost.com/entry/the-invisible-hand-conver_b_6590420
Smith has been debunked so many times already. You just got to read up on what has happened since his ideas were championed by those in power – and what happens to people who try to correct this basic mistake. Go Chomsky and others who bother learning and being compassionate, which is also something Smith had problems with.
There are a few “sustainability” jobs agencies around. I guess to some that means eco or environmentally friendly unless its just a marketing angle.
Why? Nobody needs job agencies, they need jobs. Use the internet and find one for yourself, it shows the type of initiative employers are after anyways.
Nope, peer to peer is not what the idea was about – these guys are just wannabe banks and those that survive with end up being as bad as banks – the idea was about keeping interests rates cheap, not avoiding credit checks.
Peerform has the best current rates- you don’t need an app really, just an account.
It exists already – called peer-to-peer investing, there are sites and apps for it already.
But wouldn’t business owners just pay themselves a low rate to dodge tax? It may create more loopholes than already exist. Don’t think it could work.
Consumption tax is what they are calling sales tax now, sounds better right?
Didn’t think of that, but the old idea of ditching income tax has its merits too. After all, it’s not a crime to make money, just to spend it.
Its worth asking someone that knows Betfair to see if you can bet on which traders, or gamblers will win most each season.
I like this idea, betting on the actual trader rather than stock. Kind of removes you from lots of the risk but lets you enjoy the fun of the game.
” it is imperative not just to lift people out of extreme poverty; it is also important to make sure that, in the long run, they do not get stuck just above the extreme poverty line due to a lack of opportunities that might impede progress toward better livelihoods.”
Asgardia, the new “space nation” is a likely candidate, due to their focus on space exploration rather than wealth.
A space junk shame list
(5 upvotes)Make Space Peaceful Again – Disband Trump’s Space Force
(8 upvotes)Licences to set up new countries – supported by a global ‘nation’ tax
(1 upvotes)Create a nation that doesn’t strive only for financial growth
(1 upvotes)