Have you ever wondered where the world economy might be heading? Will it move towards a more universal economy, or will it still be fragmented by country or region? Or a bit of both? Let’s look at the possibilities. The world economy in cryptocurrencies Some of you have thought about the growing adoption rate of…
CBDC (central bank digital currency), which includes the digital euro, has been a much discussed topic recently. Many central banks are currently exploring CBDCs and they are in various stages of development. Some are still exploring digital currencies, others are already in the pilot testing phase. Let’s take a closer look at the digital euro….
Central bank digital currencies, or CBDCs, are now being researched in 87 countries. Their stage of development varies from initial research to implementation. However, like everything, CBDCs can bring with them risks that need to be addressed. The risks in question mainly concern privacy. Let’s take a look at them. Pressure on governments The pressure…
Regulation is an increasingly recurring theme in the world of cryptocurrencies. It’s logical. The world of cryptocurrencies is a volatile, unstable one, but with the influx of institutions, the topic of regulation is one that has to be explored and avenues sought. Is 2022 the year of regulation yet? Let’s take a closer look. China…
More and more analysts and economists are starting to point out that we are now entering something never seen before. It is not just about the inflation, there are several other factors, which are now forming something that could be described best as a perfect storm. Leading Western economies, such as the United States or…
Major global currencies, such as the USD, EUR or formerly also RUB, are being managed by respective central banks. Central banks are the authorities that control the amount, interest rates and markets. Central bankers have to manage these currencies so that they support the global stability and growth. Fiat currencies and rumours of failing system…
Josef Stredula, the head of the trade unions, expressed his concern, warning of stagflation in connection with the Czech National Bank’s policy and government cuts. He is not the only one. The term from economics textbooks has recently reappeared in the Czech and foreign public space. Tip: Inflation and stagflation – Find out what is…
The act of the Russian army’s invasion to Ukraine on 24 February 2022 could have more outcomes that it is obvious at the first glance. Let’s look at it from a different angle. Approach to crypto currencies It is interesting to note that both states have chosen a different path in their approach to cryptocurrencies….
Ray Dalio is an American billionaire investor and hedge fund manager, who has served as co-chief investment officer of the world’s largest hedge fund, Bridgewater Associates, since 1985. He founded Bridgewater in 1975 in New York. Ray Dalio also writes about the big picutre of events, including the situation at the Ukrainian borders. Let us…
Today, it is a common perception that the safest place to deposit money is in a bank account. But do you know how deposits in accounts actually work and what would happen if all customers wanted to withdraw their deposits? What is a bank deposit? When you deposit your money with a bank, you have…
