Latest crowdfunding news
Interest Rate Hikes Raise Yield Bar – Plus Loan Offer Latest
The conventional wisdom – ie, widely accepted foolishness – is that we in the UK are hurtling back to the 1970s. Economic stagnation, coupled with inflation and general discontent are certainly on the scene. And now, after years of pretty much non-existent returns, cash deposit savers are getting a break, with new accounts offering some chunky yields. We’ve blogged elsewhere about how a rising tide of interest rates will float cash deposit accounts and be beneficial for different products (without safety nets) such as peer-to-peer (P2P) accounts. See our thoughts here. Meanwhile our friends at Altfi bring the latest cash-deposit …
Latest from our blogs
Central Authorities And Their Attempts To Create Crypto Lookalikes
Central banks and their governments are involved in a giant evasion tactic. The thinking is universal, and simple: to persuade investors that central bank-run digital coins, be they central bank digital currencies (CBDCs), or “stablecoins’, are really some sort fo substitute for genuine cryptos. They are not. What investors get is a form of digital bank account run by central banks. The accounts have a superficial similarity to a cryptocurrency, but are in fact totally transparent – and do not benefit from an independent algorithm asa controlling factor. Recent moves show the central bankers’ attempts to pull the wool over …