Australia’s central bank warned that a global shift of financing away from regulated banks and into private markets is making it harder for authorities to contain risks to the financial system https://t.co/jjr7tIaeAR ...

China dialed up its injection of longer term liquidity into its financial system in a move that’s likely intended at easing the selloff in bonds and ensuring adequate funding for the flailing economy https://t.co/ZaR5r0OlRM ...

Monetary System & Currency - The current monetary system is flawed because governments often spend more than they earn and print more currency, leading to a devaluation of time [8][9] - Over the past 25 years, the US money supply has expanded by 363% [9] - Over the past 54 years, the US dollar has lost 87% of its purchasing power [9] - On average, every year and a half, an entire population of people have lost the time they'd saved when their currency collapsed [10] - Traditional assets like real estate, gold, and art have limitations as stores of value due to issues of acceptability, durability, divisibility, fungibility, portability, and scarcity [11][12][13] Bitcoin as an Alternative - Bitcoin is presented as a finite and scarce money that doesn't leak time, with a fixed supply of 21 million [19][20] - Bitcoin is secure, auditable, immutable, and permissionless, offering a potential solution to the problems of traditional currencies [21][22] - Bitcoin can empower individuals, especially those without access to traditional banking systems, by allowing them to own their wealth and future [22] Investment & Financial Planning - Starting to save and invest early is crucial, as delaying investment by 10 years can halve the potential returns [15] - Saving 20% of monthly income and investing it could result in approximately $4 million after 45 years, assuming a 6% annual return [15] - 94% of Gen Z does not think the current financial system works for them [14]

“You’ve got to work with governments. There’s no way around it.”Twelve years ago, we set out to make the internet of money a reality.@semafor's profile from @Edgecliffe of our CEO, @jerallaire, tells the story of the long road to earning trust, driving policy, and building a safer, more open financial system.This milestone belongs to our entire team, our partners, and the policymakers who helped make it possible. While the work is far from done, the “internet financial system” is closer than ever.Read the f ...

The most important thing is uh um the basics. Educate your children well so that they can be productive and they're civil so that they work well together. Come out to a civil society in which there's productivity and that there's a good capital markets and a good environment so that there's good income and get the basics, the fundamentals right, meaning earn more than you spend, have more assets than liability, a good income statement, a good balance sheet.If you do those basic things, most people productiv ...

Economic System Concerns - The global financial system is under unprecedented pressure due to soaring inequality, massive debt, rising living costs, and economic uncertainty [1] - Capitalism faces a serious test due to financial repression, an invisible tax on savers where interest rates are kept below inflation [4][5] - Consumer debt is ballooning, with total household debt in the US topping $18 trillion and credit card debt surpassing $1 trillion with interest rates averaging over 20% [9] - Real wages have barely budged since the 1970s, while assets like real estate and stocks have soared, benefiting the wealthy and driving inequality [12][13] Historical Context and Evolution of Capitalism - Capitalism emerged from feudalism, driven by entrepreneurs and innovators, and was intellectually championed by Adam Smith [17][18] - Capitalism has adapted throughout history, including interventions by Teddy Roosevelt and Franklin Roosevelt, and the post-World War II welfare states [22][23] - The dismantling of regulations in the 1980s and globalization led to imbalances that ignited the 2008 financial crisis, followed by unprecedented monetary stimulus [24] Challenges to Current Capitalism - Weak growth, extreme inequality, technological displacement, and digital rent extraction combine into what many call late capitalism [37] - Growth is lacking major innovations to drive broad-based prosperity, leading to reliance on artificial means like QE and low interest rates [29][30] - Automation and AI are displacing jobs, potentially making millions economically irrelevant and creating a problem for consumer capitalism [33][34] - Platform economies dominated by giants like Amazon, Apple, and Google are generating revenue by controlling essential services and extracting rents, stifling genuine competition [35][36] Potential Alternatives and Solutions - Potential alternatives include a resource-based economy, universal basic income (UBI), decentralized crypto-based economies, and reformed capitalism [39][40][44][46] - Reformed capitalism could involve breaking up big tech monopolies, closing loopholes for corporations and billionaires, and investing in education and infrastructure [47] Investment Strategies for Economic Shifts - Traditional financial institutions, especially banks and insurers, are particularly exposed due to financial repression [53] - Consumer-facing industries are at risk due to eroded consumer purchasing power [54] - Hard assets like gold, silver, commodities, and selected real estate may perform well under financial repression and inflationary conditions [56] - Industries aligned with government spending priorities, such as infrastructure, energy, healthcare, and defense, may offer opportunities [57] - Decentralized cryptos like Bitcoin and Ethereum may serve as hedges against financial repression and inflation [58] - Geographical diversification and active portfolio management are crucial in navigating the uncertain economic environment [60][61]

We've got some big decisions to make as clubs. Um uh which direction are we going with our financial system. Uh it's a good time actually because this is the start of our new commercial term.So we're in growth. Um we've got three years ahead of us of fixed revenue all going in the right direction. So clubs can continue to invest in players and managers from all around the world.blend it with their homegrown talent. ...

Crypto’s core innovation is internet capital markets accessible to anyone, anywhere 24/7Project Crypto brings us one step closer to a more open and transparent financial system for allMuch more work to do 🫡U.S. Securities and Exchange Commission (@SECGov):.@SECPaulSAtkins gave remarks at @A1Policy today on Project Crypto, an SEC Commission-wide initiative to modernize the securities rules and regulations to enable America’s financial markets to move on-chain. https://t.co/Uvo8sjVRtD https://t.co/R4Znno9mSm ...

Financial System Update - The UK financial system needs updates when it's not working for many people [1] Change Management - If the financial system is functioning well, no changes are necessary [1]

Sam, if uh Bitcoin is going to replace you something like gold, which is what, you know, like 15 to to 20 trillion, what's the big number that um Ether uh ETH asset is going to replace. I think it's 10 times bigger at least to 10 times bigger than the gold markets. It's the entire financial system.The entire financial system is kind of hard to put a number on, but it's certainly bigger than the gold markets. It's really almost infinite. And it's just now that Ethereum is coming out of the dark ages.And that ...