Laurence Bristow: The Australian dollar’s significant misalignment with fundamentals, RBA’s flexible inflation targeting between 2% to 3%, and the shift to a demand-driven reserve system | Macro Musings

The Australian dollar is currently trading away from its fundamental value, indicating potential misalignment with economic indicators. The Reserve Bank of Australia (RBA) targets a flexible inflation range of 2% to 3% to manage consumer price stability. Australia’s unique economic conditions dur… The post Laurence Bristow: The Australian dollar’s...
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David Rosenberg: Fed rate cuts coming sooner than expected | Macro Voices

Political influence on the Fed could lead to significant policy errors. The Fed may cut rates more aggressively than currently anticipated. Forecasts should be prioritized over current data for better inflation management. The post David Rosenberg: Fed rate cuts coming sooner than expected | Macro Voices appeared first on...
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Tomer London: Payroll is a major pain point for small businesses, selecting the right initial customers drives growth, and building trust is essential for mission-critical software | a16z Live

Payroll is a major pain point for small businesses, often leading to frustration among owners. Effective payroll management can unlock valuable employee data for solving broader business challenges. Selecting the right initial customers is crucial for long-term success and word-of-mouth growth. The post Tomer London: Payroll is a major...
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PGI CEO Sentenced to 20 Years in $200M Bitcoin Ponzi Scheme

The US Department of Justice announced that Ramil Ventura Palafox, the CEO of Praetorian Group International (PGI), was sentenced to 20 years in prison. Prosecutors stated that Palafox operated a $200 million Bitcoin-based Ponzi scheme that defrauded more than 90,000 investors across the world. Bitcoin Fraud Case According to...
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Blockchain Lending Platform Figure Hit By Data Breach – Details

Figure Technology confirmed that some customer files were stolen after an employee was tricked, according to reports. The company says the intrusion happened when an internal account was used to download a limited batch of records. The breach did not stem from a flaw in its blockchain system, but...
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Brian Armstrong: Major banks embrace crypto, but US regulation lags | All-In

Major global banks are integrating crypto infrastructure through Coinbase. BlackRock is moving towards tokenizing its entire portfolio of funds. The Biden administration has been perceived as hostile towards the US crypto industry. The post Brian Armstrong: Major banks embrace crypto, but US regulation lags | All-In appeared first on...
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