As he prepares to conclude his tenure on the European Central Bank (ECB) Governing Council, Austrian National Bank Governor Robert Holzmann is advocating for a... https://news.osna.fm/?p=7941 | #news #austrian #banker #ecb #monetary
The Digital Currency Monetary Authority (DCMA) Launches An International Central Bank Digital Currency (CBDC)
(MENAFN– Crypto Breaking) WASHINGTON, April 10, 2023 /PRNewswire/ – Today, at the International Monetary Fund (IMF) Spring Meetings…
#Economy #(DCMA) #authority #bank #biden #cbdc #central #currency #Digital #IMF #international #InternationalMonetaryFund #launches #monetary #Russia #Ukraine #uspresident #USA #war
https://www.europesays.com/2172379/
In its recently concluded 2025 Article IV consultation, the International #Monetary Fund (IMF) painted a sobering picture of the economic landscape in St. Kitts and #Nevis. https://www.sknvibes.com/news/newsdetails.cfm/125933
We can learn things from every #socialist experiment. From #Yugoslavia we learn do not take out loans from the International #Monetary Fund or the world #bank.
#Politics #Democrats #Republicans #Liberals #Conservatives #Vote #Election #DemocraticParty #DNC #RepublicanParty #RNC #GOP #DonaldTrump #Trump #JDVance #Vance #JoeBiden #Biden #KamalaHarris #Harris #TimWalz #Walz #Democracy #US #USA #ElonMusk #Musk #Fascism #Fascist
Day 22 💰💰💰🏡⚠️
“At the time, the International #Monetary #Fund (#IMF) had just released a staff report on Australia's economy which contained this graph of Australian house prices. It shows how #PropertyPrice #inflation had really accelerated in the early 2000s (in real terms, once inflation had been taken into account), which explains why people were so worried.
The index of real property prices in major #Australian #cities jumped by 46 per cent between 2000 and 2003. (Source: International Monetary Fund, Australia, Staff Report for the 2003 Article IV Consultation, September 3, 2003.) In its report, the IMF noted that investor demand was contributing to the property price increases. It said that was understandable, because the expected returns on housing were far outstripping returns on other assets in Australia in the early 2000s.”
"Consequently, by the end of 2002, investor housing accounted for 30 per cent of the stock of housing loans, compared to 18 per cent a decade ago,"
Australians are being played for mugs by the *Investor Class.*
#AusPol / #LNP / #Liberal / #Nationals / #Labor / #HousingCrisis <https://www.abc.net.au/news/2025-04-20/when-housing-turned-toxic-captured-in-talkback-chat-with-pm/105155458> / Original transcript <https://pmtranscripts.pmc.gov.au/release/transcript-20920>
Despite an ingrained resistance to the concept of AI, I find myself unable to process what I've just read.
I mean WTAF?
#Monetary Sovereignty – Mitchell https://mythfighter.com/2025/04/10/if-you-are-new-to-or-just-interested-in-ai-this-will-blow-your-mind/
4 Bloomberg: #Treasuries and the #dollar get their strength from “the world’s perception of the competence of #American #fiscal and #monetary management and the solidity of American #political and #financial #institutions,” … 🧵 #USTreasuries #bonds #bondmarkets #markets
Hey, please have a look at the presentation slides from Adam's yesterday's Workshop for Ukraine! Lots of good material here: https://bsvars.org/2025-03-bsvarSIGNs-w4UKR
The #trade wars #Trump is declaring on almost all industrialized and emerging countries, along with his behind-the-scenes #monetary maneuvers to reduce #USA 's #debt servicing by forcing the U.S. #dollar down on the foreign exchange #market ,are likely to plunge the #global #economy into an unprecedented #recession .What a calamity this #president is.
Right this minute, Elon #Musk and the #Trump administration are trying to subject America to a rapid program of 💥destructive austerity.
There is no one better to discuss the economic implications of this than the economist and professor #Stephanie #Kelton.
A former chief economist to the Senate Budget Committee and economic advisor to Bernie Sanders’ presidential campaigns,
Kelton is the author of
“The Deficit Myth,”
the book that catapulted the ideas of #Modern #Monetary #Theory into the mainstream.
Much of Kelton’s career has been spent on dismantling the intellectual underpinnings of the idea that the government cannot afford to help us all.
I spoke to her about the Republican economic agenda, inflation, crypto, Donald Trump’s inexplicable beliefs, and what the feckless Democrats should be doing now.
Our conversation, lightly edited for length and clarity, is below.
https://www.hamiltonnolan.com/p/stephanie-kelton-on-the-disastrous
His agents are securing direct communication and control over the federal bureaucracy by attacking and controlling #opm and #gsa #IT systems. Thread about that here: https://federated.press/@NiftyLinks/113927598764386780
Simultaneously, they're attempting to get control of the centralized #finance and #monetary payment systems at the department of the #treasury ?
Where's #uscybercom and the #NSA?
Όλες οι ψευδαισθήσεις
του #νομισματικού συστήματος (#monetary system)^63 προκύπτουν από την αδυναμία να γίνει αντιληπτό ότι
το #χρήμα, αν και ένα φυσικό αντικείμενο με διακριτές ιδιότητες, αναπαριστάνει μια
κοινωνική σχέση παραγωγής. [τόμ. 29, σελ. 276]
All the illusions
of the monetary system^63 arise from the failure to perceive that
#money,^a though a physical object with distinct properties, represents a
social relation of production. [MECW, vol. 29, p. 276]
#Colonialism is still a thing, rather we call it #imperialism, #neocolonialism or global neoliberal #capitalism.
CaspianReport: *France secretly owns 14 countries*
"Using the #CFA franc system, #France controls the #monetary sovereignty of 14 nations, making up nearly 200 million people."
(#euro area monetary #austerity) #monetary policy is not a hypothesis a central bank could test and retest without consequences …. something always breaks …. #underemployment …
#Swiss National Bank @SNB_BNS is aware of the fact that too low #inflation could limit #monetary policy effectiveness chart @FT https://www.ft.com/content/088d3368-bb8b-4ff3-9df7-a7680d4d81b2
I like #doughnuts.
When I moved here ~19 years ago, my favourite place would sell me a #dozen for $5.99.
Today, that same dozen is $24.99.
That works out to an 8% increase, #compounded, every year. It isn't much different for other #food items. You may notice this figure is much higher than any #official #inflation numbers from the #Canadian government.
That's #deliberate. Out-of-control #government #spending and money-printing (#monetary inflation) causes price inflation.
Remember.
#fiscal and #monetary #austerity
#Germany ‘s ailing #industrial production, chart @MESandbu @FT https://www.ft.com/content/47cfc02a-1920-4b3e-a9d2-a6603dbefa0c
#China this week unveiled broader-than-expected #monetary stimulus and #property market support measures to restore confidence in the world's 2nd -largest economy, with more #fiscal measures expected to be rolled out soon, chart @Reuters https://www.reuters.com/markets/asia/chinas-central-bank-cuts-banks-reserve-requirement-ratio-by-50-bps-2024-09-27/
We're over it! ⭐ ... and we're going down soon! ✨ My forecasts are centred at HOLD for this month. We have just pasted the times of a high probability of RAISE as it went down from over 70 per cent in July to less than 50 per cent for the upcoming meeting. For the first time, my forecasts indicate a decisive CUT for December, as the predictive interval for that month does not include the current cash rate level. 💫