Our
bank partners
recognize the promise of distributed ledger technologies and their potential to transform financial market technology platforms where
standards must be secure, scalable and adaptable.»
QUOINE co-founders CEO Mike Kayamori — a former SoftBank executive and Silicon Valley venture capitalist — and CTO Mario Gomez Lozada — a software engineer and former executive with Credit Suisse and Merrill Lynch —
recognize the need to bring
bank - class
standards to the cryptocurrency markets.
Ryan and Louis discuss the direction of interest rates and inflation, the reluctance of the Fed to
recognize the inflation threat, the impact of foreign countries raising their interest rates to combat inflation; the Fed's Vice Chairman Janis Yellen's view that inflation and the rise of commodities won't impact the «recovery», blaming rising global demand and disruptions of supply, not the easy money policy of the Fed; encouraging consumer confidence so they borrow more money to buy things they don't need to stimulate the economy, loan officer compensation,
banks» use of Fed loans and
banks» preference of trading operations over mortgage lending; credit squeeze; increased lending
standards; the advantage of getting a low interest loan now before interest rates and inflation rates rise; the problems with Fannie Mae and Freddie Mac; the Democrats, Republicans and President avoid a government shutdown and what might have happened if it did; the $ 10 ′ s of billions of dollars saved in light of a $ 1.3 trillion defecit; the disconnect between buyers and sellers article in the Chicago Tribune; the HomeGain first quarter 2011 home values survey; the value of a quality Realtor in buying and selling a home; the HomeGain FSBO vs. REALTOR survey