• About us
  • Advertise With Us
  • Become a Contributor
  • Guest Posting Service
  • Privacy Policy
  • Submit Press Release
  • Terms & Conditions
  • Contact
Cryptowall Street News
  • Home
  • Trending Coins
    • Cardano
    • Ethereum
    • Coinbase
    • Polkadot
    • Metaverse
    • BNB Chain
    • DeFi
    • Polkadot
    • Solana
  • Market
    • Bitcoin
    • Blockchain
    • Analysis
    • Guide
  • Top List
    • Top 10 cryptocurrencies
    • Top 50 Cryptocurrency
    • Top 100 Cryptocurrencies
    • Top 200 Cryptocurrency
    • Top 250 Cryptocurrencies
  • Binance
  • Coinbase
  • Crypto
    • Crypto Exchange
  • Finance
  • Litecoin
  • Ripple
  • Tether
No Result
View All Result
  • Home
  • Trending Coins
    • Cardano
    • Ethereum
    • Coinbase
    • Polkadot
    • Metaverse
    • BNB Chain
    • DeFi
    • Polkadot
    • Solana
  • Market
    • Bitcoin
    • Blockchain
    • Analysis
    • Guide
  • Top List
    • Top 10 cryptocurrencies
    • Top 50 Cryptocurrency
    • Top 100 Cryptocurrencies
    • Top 200 Cryptocurrency
    • Top 250 Cryptocurrencies
  • Binance
  • Coinbase
  • Crypto
    • Crypto Exchange
  • Finance
  • Litecoin
  • Ripple
  • Tether
No Result
View All Result
Latest News and Updates on Cryptocurrency
No Result
View All Result

Bitcoin Helps Poor Countries Survive When Government Bonds Are Worthless

by
August 16, 2022
in Uncategorized
0 0
0
Bitcoin Helps Poor Countries Survive When Government Bonds Are Worthless
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

What is so important about the gross domestic product to debt ratio and how can bitcoin help the poorest countries avoid another debt crisis?

This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by James Lavish to talk about gross domestic product, the bond market and how currencies are measured.

Listen To The Episode Here:

James Lavish: GDP (gross domestic product) is so important to see just how much debt your country has versus how much you’re producing, and that’s becoming a glaring and really serious problem in Europe. It’s become a tremendously serious problem in Europe and they know it. That’s why the European Central Bank just raised rates for the first time in 11 years.

They were negative that whole time. So now they’re at zero. They’re at a zero interest rate and they have this problem. What do you think is gonna happen? The union has to break up. The writing’s on the wall. It’s clear. You’re seeing both a flight of capital from Europe into the U.S. dollar because both the yield — the U.S. Treasurys give you much more yield than you get in European Treasurys and German Treasurys, even). There’s a flight to safety. You want your money in dollars. You don’t want your money in euros if you’re a major investor. So, for those investors, and those institutions that have the leeway to own a certain amount of foreign-denominated securities and debt, they’ll do as much as they can because it’s a flight to safety and a flight to yield.

You’re seeing the same thing happen in Japan. We’ve talked about that before, where Japan is doing the same thing, unabashedly. They’re buying their 10-year treasuries and keeping that yield at 25 basis points. They’re keeping that yield low in order to keep energizing the economy. The problem is, as you keep that yield artificially low, then you have investors looking at yields elsewhere, like the U.S. and saying, “Okay, well I can get a better yield there. And so why am I going to stay here, owning these treasuries, when the Bank of Japan will buy them up, keep their yields low and I could instead go get 3% in a 10-year Treasury in the U.S.?”

Well, that forces you to sell yen-denominated bonds. Take your yen, sell those for dollars and buy the U.S. Treasurys. So it puts tremendous pressure on the yen.

You’ve seen the yen just spike, meaning it’s an inverse quote. So, when you see it go up from 120 or 115 up to 137, that’s the yield getting weaker. That’s the yen getting weaker; that’s the number of yen per dollar. One of the problems with currencies — I wrote something about this too — is that they’re quoted in all different ways. You’ve got inverse quotes in some of them, like GDP and yen.

source

  • Trending
  • Comments
  • Latest
Beldex and Geometry Labs enter privacy-enhancing partnership

Beldex and Geometry Labs enter privacy-enhancing partnership

September 13, 2022
Here's When the Ethereum Proof-of-Work Fork Will Take Place

Here’s When the Ethereum Proof-of-Work Fork Will Take Place

September 13, 2022
Horizen Labs' ApeCoin staking hype sets $APE on a bullish trajectory

Horizen Labs’ ApeCoin staking hype sets $APE on a bullish trajectory

September 13, 2022
Bitcoin breaks to $20K as bulls target higher mothly close

Bitcoin breaks to $20K as bulls target higher mothly close

October 9, 2022
Only1 review: redefining social media experience using NFTs

Only1 review: redefining social media experience using NFTs

0
Et voici EIP-1559 !

Et voici EIP-1559 !

0
Crypto.com is now registered as a virtual asset service provider in the Cayman Islands

Crypto.com is now registered as a virtual asset service provider in the Cayman Islands

0
Crypto has provided Ukraine a way to ‘fight back’, digital transformation minister says

Crypto has provided Ukraine a way to ‘fight back’, digital transformation minister says

0
JPMorgan CEO Jamie Dimon Calls Bitcoin 'Hyped-up Fraud' — Expects Satoshi Nakamoto to Increase BTC Supply Cap – Featured Bitcoin News

JPMorgan CEO Jamie Dimon Calls Bitcoin ‘Hyped-up Fraud’ — Expects Satoshi Nakamoto to Increase BTC Supply Cap – Featured Bitcoin News

January 31, 2023
Nothing Outlaws Crypto in India if Legal Procedures Are Followed, Says Government Official – Regulation Bitcoin News

Nothing Outlaws Crypto in India if Legal Procedures Are Followed, Says Government Official – Regulation Bitcoin News

January 30, 2023
Ransomware Revenue Drops as Victims Pay Less Often, Chainalysis Reports – Security Bitcoin News

Ransomware Revenue Drops as Victims Pay Less Often, Chainalysis Reports – Security Bitcoin News

January 29, 2023
Davos 2023: CBDCs Are the Future of Central Bank Money but They Are Still Not Ready – Fintech Bitcoin News

Davos 2023: CBDCs Are the Future of Central Bank Money but They Are Still Not Ready – Fintech Bitcoin News

January 27, 2023

POPULAR NEWS

    Recommended

    JPMorgan CEO Jamie Dimon Calls Bitcoin 'Hyped-up Fraud' — Expects Satoshi Nakamoto to Increase BTC Supply Cap – Featured Bitcoin News

    JPMorgan CEO Jamie Dimon Calls Bitcoin ‘Hyped-up Fraud’ — Expects Satoshi Nakamoto to Increase BTC Supply Cap – Featured Bitcoin News

    January 31, 2023
    Nothing Outlaws Crypto in India if Legal Procedures Are Followed, Says Government Official – Regulation Bitcoin News

    Nothing Outlaws Crypto in India if Legal Procedures Are Followed, Says Government Official – Regulation Bitcoin News

    January 30, 2023
    Ransomware Revenue Drops as Victims Pay Less Often, Chainalysis Reports – Security Bitcoin News

    Ransomware Revenue Drops as Victims Pay Less Often, Chainalysis Reports – Security Bitcoin News

    January 29, 2023
    Davos 2023: CBDCs Are the Future of Central Bank Money but They Are Still Not Ready – Fintech Bitcoin News

    Davos 2023: CBDCs Are the Future of Central Bank Money but They Are Still Not Ready – Fintech Bitcoin News

    January 27, 2023

    About Us

    Get the latest news on Cryptocurrency and stay up-to-date ... Cryptocurrency prices today

    Categories

    • Analysis
    • Binance
    • Bitcoin
    • Blockchain
    • BNB Chain
    • Cardano
    • Coinbase
    • Crypto
    • DeFi
    • Ethereum
    • Finance
    • Guide
    • Market
    • Metaverse
    • Polkadot
    • Solana
    • Tether

    Tags

    BNB Chain Business Wire Pricing Cardano Cardano Crypto Crypto Cryptocurrency News Crypto Guest Posting Crypto News Crypto news distribution network Crypto news platform Crypto news site Crypto World DeFi Crypto Ethereum Ethereum Crypto Ethereum Digital Marketing agency Ethereum Marketing Agency Ethereum Marketing Experts Ethereum Online Marketing Agency Latest Crypto News Marketwired Pricing Metaverse Polkadot Polkadot Digital Marketing firm Polkadot Marketing Experts PRNewswire Cost PRNewswire Pricing PRWeb Pricing Solana Solana Crypto Solana Digital Marketing Specialists Solana Marketing Experts3 Solana Online Marketing Agency Today Crypto Update Top Cryptocurrency News video news release video press release video press release service
    • About us
    • Advertise With Us
    • Become a Contributor
    • Contact
    • Guest Posting Service
    • Home 4
    • List Of Top All Cryptocurrencies In The World (2022 Updated)
    • Privacy Policy
    • Submit Press Release
    • Terms & Conditions
    • Top 10 cryptocurrencies in the world | Crypto Prices Today LIVE
    • Top 100 Cryptocurrencies (Real-Time Prices) Market Cap
    • Top 200 Cryptocurrency List Price – Charts
    • Top 50 Cryptocurrency Prices – Coin Market Cap and Price Charts

    © 2022 cryptowallstreetnews.

    No Result
    View All Result
    • Home
    • Trending Coins
      • Cardano
      • Ethereum
      • Coinbase
      • Polkadot
      • Metaverse
      • BNB Chain
      • DeFi
      • Polkadot
      • Solana
    • Market
      • Bitcoin
      • Blockchain
      • Analysis
      • Guide
    • Top List
      • Top 10 cryptocurrencies
      • Top 50 Cryptocurrency
      • Top 100 Cryptocurrencies
      • Top 200 Cryptocurrency
      • Top 250 Cryptocurrencies
    • Binance
    • Coinbase
    • Crypto
      • Crypto Exchange
    • Finance
    • Litecoin
    • Ripple
    • Tether

    © 2022 cryptowallstreetnews.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    • bitcoinBitcoin(BTC)$22,910.000.84%
    • ethereumEthereum(ETH)$1,572.691.14%
    • USDEXUSDEX(USDEX)$1.08-0.31%
    • tetherTether(USDT)$1.00-0.09%
    • usd-coinUSD Coin(USDC)$1.00-0.08%
    • binancecoinBNB(BNB)$309.761.52%
    • rippleXRP(XRP)$0.4052343.16%
    • Binance USDBinance USD(BUSD)$1.000.01%
    • cardanoCardano(ADA)$0.3857634.41%
    • dogecoinDogecoin(DOGE)$0.0946769.68%