We all want to stop feeding the beast, but how do we go about doing it? Today Patrick writes in to ask about the ins and outs of agorist investing. Joining us to start the conversation on agorist investment solutions are Tim “The Liberty Advisor” Picciott, Jack “The Survival Podcast” Spirko and Sal “The Agorist” Mayweather.… Read the rest
Jerome Powell, the Chair of the Federal Reserve Banks has encouraged commercial banks to use a blockchain based inter-bank lending rate setting platform.
“We have been clear that the [Alternative Reference Rates Committee’s] recommendations and the use of [Secured Overnight Financing Rate] are voluntary and that market participants should seek to transition away from Libor in the manner that is most appropriate given their specific circumstances,”Powell said before adding:
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“Ameribor is a reference rate created by the American Financial Exchange based on a cohesive and well-defined market that meets the International Organization of Securities Commission’s (IOSCO) principles for financial benchmarks.”