~businessinsider | Bookmarks (4)
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Zimbabwe just introduced a new gold-backed currency in an attempt to fight inflation and wean off the US dollar
The gold-backed ZiG is Zimbabwe's sixth attempt at a new currency since 2008.
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The Fed still probably isn't ready to give Americans the interest rate cuts they're hoping for
The Federal Reserve is likely to continue holding interest rates steady this week, but a cut...
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Inflation at 3% isn't the problem — it's the expectation that interest rates will soon fall, asset manager says
Inflation rose at a higher-than-expected rate of 3.4% last month, damping market expectations of imminent cuts...
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2024 is looking a whole lot like the 1970s, says Jamie Dimon — and that's not a good thing
Some common developments between 1970s and 2024 include large fiscal deficits, huge government spending, and changing...