Sentences with phrase «commodity standard currency»
Yes, the dollar will likely decline over the next decade, but it will not be likely to lose its reserve status, unless a commodity standard currency comes into being.
http://alephblog.com/ Not exact matches
In doing so, Judge Weinstein effectively affirmed the CFTC's 2015 finding that bitcoin and other virtual currencies are «properly defined» as commodities, a pivotal interpretation that could set a standard for cryptocurrency prosecution at large.
My paraphrase is that it's been treated as a digital commodity, and likewise it is not a formal currency by that standard.
The dollar is also used as the standard unit of currency in international markets for commodities such as gold and petroleum.
Perhaps the rest of the world should consider the possibility of no global reserve currency, or keep the US Dollar, or, move to a commodity standard like gold or oil.
The Fed is already viewed with enough skepticism by average people, that it wouldn't take much to tip the scale from «Audit the Fed,» to «End the Fed,» where it gets replaced with the currency board tied to a commodity standard.
A portfolio made up of stocks, bonds, and managed futures (currencies, commodities, bonds and precious metals) since 1986 has achieved a compound rate of return of 9.02 % with a standard deviation of 8.95 % and a maximum peak to trough loss (Max DD) of -26.61 %.
David Merkel (Aleph Blog): Currency Wars, by James Rickards, made me think that maybe, just maybe, we will get commodity money, even a gold standard back one day.
The shaky economy has caused gold prices to shoot up to over $ 900 per ounce - even though 85 percent of gold mined these days goes to jewelry, and there's no «gold standard» backing currencies, gold is considered a valued commodity in economic downturns.
wants to provide currencies, equities, commodities and other financial assets and instruments as standard ERC20 tokens on the Ethereum blockchain.
Jibrel Network provides currencies, equities, commodities and other financial assets and instruments as standard ERC - 20 tokens on the Ethereum blockchain.