Tag Archives: Decentralization

Opinion: GameStop, Musk and cryptocurrency could end global inequality and weaken American power

Many global economies, especially emerging economies, hold so much foreign reserve in USD that they are directly susceptible to Washington’s monetary policy. For example, in 2013, the Federal Reserve started to slow its policy of quantitative easing (money printing), known as the ‘Taper Tantrum’. Their answer was to crown the USD as the world’s reserve […]