Does China Manipulate Currency? Some economists contend that China manipulates its currency, to the effect of giving the country an unfair advantage in terms of international trade. In 2019, the U.S. Department of Treasury officially designated China a "currency manipulator," before removing the la...
While the discount is public and well known, both inflation and unemployment are subject to political manipulation. I have presented below the Mankiw Rule for China plotted with the discount rate, consumer price inflation, and estimated core inflation in Figure 4 (China does not breako...
Another problem is that many nations manipulate their currency to obtain a price advantage. Furthermore, employees in developed countries are losing their jobs due to pay cuts. More and more companies are choosing to outsource work and export jobs as a means to keep the costs low. Large enterp...
30-40% of used car transactions involve cars that have had their odometers illegally adjusted. Smart contracts programmed into sensors within these vehicles would ensure that a certain “condition” (mileage) is met before any problems occur, and also would detect any attempts to manipulate the ...
Currency prices are determined in two ways: fixed rates and floating rates. Fixed rates are pegged to a currency while floating rates move freely with market demand. Nations attempt to manipulate their currencies to remain strong and demand for their currency is high in foreign exchange markets....
The bank is experimenting with the release of its own digital currency, e-krona. Based on R3 Corda distributed technology, the bank has taken a bold step towards creating a country-wide usable cryptocurrency. This initiative aims to explore the implications of introducing a Central Bank Digital ...
In the podcast China Corner Office produced by The China Project, Apple University Professor Doug Guthrie stated, “Apple has a significant market in China, as does Tesla and other companies. But what makes these companies so powerful is their management of the supply chain.” [3] However, as...
But the Fed will continue to manipulate global markets and wreak havoc on the world economy, so long as other countries don't cut their reliance on the dollar. Analysts have warned that the Fed had driven up asset bubbles worldwide to an extremely dangerous level, and the first signs of ...
Since Bitcoin doesn’t have normal currency characteristics, it cannot be deposited in the bank. It is held in software that acts as a ‘digital wallet’ that is proven to be vulnerable, and hackers take advantage of this opportunity.
Question: How does cryptocurrency like Bitcoin work? Where can it be used, and is there a future in it given its prime use now is the black market? Bitcoin: Bitcoin is a digital cryptocurrency without a central bank or body controll...