On Sept. 18, the Federal Open Market Committee issued a statement saying that they would not yet begin to reduce the $85 billion monthly debasement of the US dollar, which is carried out by purchasing additional agency mortgage-backed securities at a pace of $40 billion per month and longer-term treasury securities at a pace of $45 billion per month. The Committee also decided to keep the target range for short-term interest rates at 0 to 0.25 percent for at least as long as the unemployment rate remains above 6.5 percent.
Even the phenomenon of bitcoin is making people aware of some of the issues. Note, too, how the government of Germany has now begun the assault on bitcoin superstar anmelden to be soon followed by other governments including the United States.
Ryan Eriquezzo WSOP Circuit Champion makes an bitcoin online inspirational return to the show as he nears the end of his self-imposed month hiatus from poker. There is much to learn from this young poker star who is quickly proving to be wise beyond his years. [Visit Website] [Download MP3].
12/5: South Florida native Noah Schwartz joins the guys to talk about his big win in November at the WPT bestbet Jax Fall Scramble. BIG Dave and Joe also discuss the diminishing hopes of national online poker regulation, along with the recent controversy regarding multiple entry tournaments. [Visit Website] [Download MP3].
There are some scenarios of for failure that could happen to Bitcoins. These include a currency devaluation, a declining user base and a global government crackdown on the software and exchanges.
Compared to other forms of investment, Forex trading has lower transaction charges even though if you possess a smaller account or trade in small volumes.
That confidence has and will continue to erode. The first reflection of that erosion will be in long-term interest rates. Despite all the efforts, and they are massive, to hold interest rates down, they are on the rise. This is a recognition by the market that it is uncomfortable with the current debt condition of the U.S. That discomfort will increase. Even if rates simply return to a long-term average, the collision of politics and economics will be in full display in Washington and state capitals across the country. This time is NOT different.