About Web Admin

This author has not yet filled in any details.
So far Web Admin has created 230 blog entries.

Danielle DiMartino Booth

Are you a grasshopper or a weed hopper? A subscriber recently chided me for succumbing to that which I deride the very most, the dreaded groupthink. So ubiquitous is the consensus on the economic outlook for 2018, I’d been swept away on a wave of conforming concordance...

Danielle DiMartino Booth

For the time being, happy days are still very much here. Average what the Atlanta Fed and New York Fed are forecasting for economic growth in the just-ended fourth quarter and we’re talking about full year growth of 2.7 percent. But it gets better. There’s an increasing chance we’ll have 12 months of GDP growth at a 3-percent rate by the time the books close on the first quarter. Any upside from here will make Republicans giddy with excitement...

Will Bitcoin Destroy the Gold Market?

Dave Bellamy

Bitcoin is the digital peer to peer currency launched around 2009 with little or no monetary value at the time. It was even discussed back then whether it would ever have any use or monetary value. Now each unit is worth over $10,000, varying from day to day as it trades and there are about 17 million Bitcoin units outstanding, giving a total market value of around $170 billion to the current Bitcoin currency supply...

Will Bitcoin Destroy the Current Financial System?

Dave Bellamy

As I write this on Word 2007, I just noticed that Bitcoin has a red line underneath it; it was not in the dictionary. I just put it into the dictionary. I wonder if the new versions of the various word processors have this term. Does the Oxford English Dictionary have it? They need to have it in there, now...