Remove Currencies Remove Economics Remove Financial Systems Remove Leverage
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You’re Living in a World Wrought by Central Banks. Notice Anything Wrong?

CFO News Room

In an interview with Lynn Parramore of the Institute for New Economic Thinking, Nomi Prins takes up and extends the argument that she has made over a series of books, that central bankers are ever-more administering policies that are good for the markets but very bad for the real economy and real people. economy and Wall Street.

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OCC Defines Top Threats To Banks This Season

PYMNTS

Treasury’s Office of the Comptroller of the Currency (OCC) has again released its report on top risks facing banks, with its Spring 2017 analysis warning FIs that threats are coming from all angles. The federal banking system is, and should be, a source of strength for the nation and its economy. Amid these fluctuations, the U.S.

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China Finds A Blockchain-Based Replacement For Checks

PYMNTS

According to reports in CoinDesk , care of a Chinese government official, China’s central bank has completed its work on a blockchain-based system for digitizing checks issued domestically by businesses. ” The work is the culmination of a years-long effort by the Central Bank’s R&D department, according to Di.

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Bitcoin’s Resplendent Week

PYMNTS

This rogue group also voiced fears that bitcoin’s strong position in the market could be usurped by an alternative digital currency. Governments the world over are struggling with bitcoin and blockchain; regulatory frameworks for conventional financial systems are not applicable to digital currencies. But until then….

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Transcript: Edward Chancellor

Barry Ritholtz

I mean, I didn’t want to blow my own trumpet up too much because most of the positions were in place, the quality funds, which more defensive and less leveraged, and low allocation to — a relatively low allocation to equities, and then the hedge funds sort of long/short positions that benefited in the financial crisis.

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The Roil Over B2B Payments Rails

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Buffet’s expertise in the economics of railroads grew out of his childhood fascination-turned lifelong interest in them. railroads were responsible for $274 billion in economic activity and employed 1.5 The economic impact of railroads isn’t felt only in the U.S. In 2014, the last time data was publicly reported , U.S.

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Transcript: Rick Rieder

Barry Ritholtz

You know, people are comfortable, leverage builds. and what cross currency basis, et cetera, takes a while to assimilate at all. You know, the leverage in the system builds. RIEDER: And all of a sudden, you change the economic paradigm so darn fast. The dollar is the reserve currency in the world.