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 ...

Macroeconomic Critique - Macroeconomics has made little progress in a century, struggling with economic growth, fiscal, and monetary policy determinants [2] - Economists were surprised by the inflation of late 2021 and 2022, and recurring banking crises, due to misinterpreting central bank policies [3] - Economic models often lack banks, leading to failures in understanding banking crises [5] Money Creation and Banking - Most people incorrectly believe the government or central bank creates the majority of money [8] - Banks create most of the money supply through credit creation, not by lending deposits [9][10] - Banks create money by issuing loans, which legally establish an accounts payable liability to customers, represented as customer deposits [11] Banking System Structure and Economic Impact - A banking system dominated by a few mega-banks can lead to asset price inflation and boom-bust cycles [12] - Decentralized banking systems with small local banks lending to small firms can foster growth without inflation and asset bubbles [13] - East Asian economies achieved high growth through decentralized banking systems focused on productive business investment [14] Growth and Sustainability - Economic growth is a statistical fiction, not a physical reality, and is not inherently harmful to the environment [17] - The concept of economic growth is used by bankers to maximize interest charges on national debt [19] Central Bank Policies and Inflation - Quantitative easing (QE) policies have different effects depending on implementation; QE1 cleans up bank balance sheets, while QE2 boosts the economy [20][21] - Implementing QE2 in 2020, when demand was reasonable but supply was restricted, led to inflation [22][23] Policy Recommendations - Advocates for preventing centralized systems like central bank digital currencies, which could lead to less growth and prosperity [24] - Encourages the establishment of many small banks to decentralize the financial system and promote economic growth [24] - Decentralizing the financial system can create job opportunities in rural areas and support government policies to increase fertility [25][26][27]

Industry Impact - The report discusses how something could reshape the financial system [1]

Concerns Regarding Private Credit - The financial system is potentially creating a new shadow banking system as activities move away from traditional banking [1] - The economy and economic growth are exquisitely sensitive, raising questions about the performance of these investments, especially at this scale [1] - Increased size and consolidation in private credit raise concerns about underlying risks [2] - Banks' lending to private credit firms creates interconnectedness [2] - A major accident in private credit has not yet been observed [2]

The amount of spare cash flowing around in the US financial system is poised to shrink, rekindling the debate about how to assess money supply tightness and which benchmark rates the Federal Reserve should actually be targeting https://t.co/mBRrv6yUbV ...

RT Austin Campbell (@CampbellJAustin)Journalistic MalpracticeDoes anyone remember Chick Tracts? You know, the hardcore religious extremist cartoons with plots so out of bounds you had to laugh hysterically because the only other option was the cold embrace of the void?For those who didn't see them, I'll essentially paraphrase the whole things as follows:Panel 1 - Little Johnny, a 12 year old blonde haired blue eyed American boy, says "please" to someone at the counter at McDonalds who is gay.Panel 2 - A por ...

The financial system is updating.https://t.co/787CDhDBrF ...