Interest Rates

Paribus. Seeking a Safe Haven.

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Time Stamp: April 5, 2023 5:56 AM - Modified On: April 5, 2023 - Published By:
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Republished By Plato

In recent weeks, there have been systemic failures in the global financial system, particularly in the banking sector, causing people to question the legitimacy of information provided by regulators. Despite repeated assurances of robustness and security, people continued to withdraw their money from banks and invest in assets they could hold. Many of our community are familiar with the idea of “not your keys, not your crypto” after the failure of several protocols and investment funds. Just as these failures caused people to withdraw their crypto from exchanges and opt

Paribus. The Fragility of Finance.

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Time Stamp: March 25, 2023 7:27 AM - Modified On: March 25, 2023 - Published By:
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Despite a lot of turbulence in the markets this week the Federal Open Market Committee (FOMC) did exactly what was predicted. Jerome Powell carefully adjusted his language and reframed the narrative around his 25 basis point rate hike to try and calm the markets he had helped to damage. His forward guidance was only to expect further rate increases if inflation spirals out of control. He avoided taking any responsibility for the recent bank failures, claiming instead that the sector was stable and robust. In reality, the global financial system

Paribus. A Glimmer of Hope.

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Time Stamp: March 14, 2023 8:05 AM - Modified On: March 14, 2023 - Published By:
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Following on from last week’s drama, this week sees more uncertainty in the banking, tech, and crypto sectors. While the US has been pushing a hardline policy of monetary tightening it now looks like the global financial system and tech sectors are on the brink of breaking which has caught Jerome Powell off guard. A hawkish Fed has been pushing interest rates higher, recently claiming they still had headroom to push harder and for longer than before due to the buoyant labor market. Fast forward a few days and two

Don’t Fear the FUD

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Time Stamp: March 11, 2023 5:37 AM - Modified On: March 11, 2023 - Published By:
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Republished By Plato

Over the past week, the crypto market has taken a hit due to the usual Fear, Uncertainty, and Doubt (FUD) surrounding the potential for interest rate hikes and future regulations. It’s easy to get sucked into the panic and feel that crypto is being unfairly targeted. FUD is part and parcel of the crypto space and there are always plenty of narratives that accompany its volatility. In 2021 the favorite topic was China’s negative approach to crypto. Fast forward to today and Bitcoin miners are back operating in China and

Organized Chaos

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Time Stamp: November 5, 2022 11:01 AM - Modified On: November 5, 2022 - Published By:
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This week saw another round of interest rates hikes by central banks to try and control inflation. With all the talk of a potential pivot in monetary policy, interest rates continued their parabolic rise by 75 basis points in the UK, and the US. Initially the Federal Reserve’s announcement of a 0.75% interest rate increase caused markets to jump because this was the rise they’d been expecting and had already priced in. However, in the subsequent press conference the tone was more hawkish which caused the markets to drop a

Animal Crossing Turnips Guide: Master New Horizons’ Stalk Market

Source Node: https://www.gamespot.com/articles/animal-crossing-turnips-guide-master-new-horizons-/1100-6475474/?ftag=CAD-01-10abi2f
Time Stamp: June 7, 2020 8:59 AM - Modified On: June 7, 2020 - Published By:
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Republished By Plato

Animal Crossing: New Horizons has an interesting economy, to say the least. If you've been playing the game for at least a few days, you've likely sold fruit, bugs, fish, and various random items to make a quick bell. This will get you by for a bit, but you'll need to get better income sources as your house payments start to balloon and you have to make larger infrastructure improvements around town. That's where the "stalk market"-- the game's take on the stock market--comes into play. Animal Crossing: New Horizons