Maria Andretti, Author at bwcevent.com

The decision to either buy or sell U.S. dollars is based on the economy’s performance. Investment from all corners of the world flows in, and is directed into a strong economy. Investors see the U.S.’s safety, and they recognize their ability to achieve a reasonable rate of return on their money. These people invariably seek […]

The U.S. Treasury was in the process of delivering physical stimulus checks, when at the same time, the PBC (Peoples Bank of China) began beta testing of its new digital currency. Economists in the future may very well look at these two events as the start of the digital currency era. Up until last August, […]

The coronavirus pandemic has made this a wild and wonderful year for Wall Street and investors. The panic caused by the virus at first sent the broad-based S&P 500 lower by a staggering 34 percent in a matter of a little over a month. It took a scant 17 days for the index to drop […]

Berkshire Hathaway, led by Warren Buffet, the “Oracle of Omaha,” is reducing its dependence on the United States economy. After the Federal Reserve announced its intention to drive up inflation, Berkshire Hathaway invested in excess of $6 billion in five of the largest trading companies in Japan; Marubeni Corporation, Mitsubishi Corporation, Mitsui & Co. Ltd., […]

Central bank digital currencies are essentially a cryptocurrency issued by a government. This digital representation of the country’s fiat currency is designed to replace physical, fiat currencies. The implementation of CBDC requires the issuing central bank to make several critical decisions. Perhaps the most crucial decision is whether the digital currency will be made available […]