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On Wednesday, U.S. Congressional leaders had seemingly come up with a stimulus deal at around 1 a.m. EST. The package will cost upwards of $2 trillion and politicians are promising direct payments of $1,200 per American if they make $75,000 or less. The dollar injection will be the largest financial measure ever enacted by Congress … Read more
With the recent Union Bank of Switzerland (UBS) announcement that even more customers will be charged to hold money in their banks, people are scrambling to find ways to preserve their wealth, while USB and others scramble to dam the losses resulting from national negative interest rate policy (NIRP). The relatively recent experiments with NIRP … Read more
MoneyToken crypto-backed loans platform has announced making zero-interest loans available for everyone. From 12th September September forward, anyone will be able to join the MoneyToken platform and get a loan under a 0% interest rate. To get a zero interest rate crypto-backed loan on the MoneyToken platform, users are required to purchase a special membership … Read more
