Cap

Crypto Assets Top $1 Trillion Market Cap As Novogratz Sees New Stimulus Checks Funding More Bitcoin Buying

Amid the chaotic scenes in DC yesterday, and confirmation that both Democrats won their Georgia Senate seats, cryptocurrency prices have accelerated higher once again, crossing the stunning level of $1 trillion in total market capitalization for the first time in history… Source: CoinMarketCap “The more that people perceive that their assets, particularly their liquid assets…

How To Make Loans Scarce In Three Words: Cap Interest Rates

Authored by Mike Shedlock via MishTalk, Here’s a perfect free-market example of what not to do about allegedly high interest rates. Interest Rate Caps Reuters reports Peru Passes Law Allowing Central Bank to Cap Interest Rates on Bank Loans. Peru’s Congress approved on Wednesday a law that will allow policymakers to cap interest rates on loans…

Negative-Yielding Debt Exceeds $18 Trillion As Global Market Cap Hits $100 Trillion

Submitted by Christophe Barraud The pool of negative-yielding debt across the world exceeded $18 trillion for the first time in history, according to Bloomberg data. The move came after the ECB announced it will expand its massive monetary stimulus program by another €500 billion and will extend emergency bond purchases for nine months. In a context…