Posts Tagged
‘Christine Lagarde’

In a remarkably frank talk at a Bank of England conference, the Managing Director of the International Monetary Fund has speculated that Bitcoin and cryptocurrency have as much of a future as the Internet itself. It could displace central banks, conventional banking, and challenge the monopoly of national monies. Christine Lagarde – a Paris native […]

Bitcoin Magazine Christine Lagarde, managing director of the International Monetary Fund (IMF), gave a speech at a Bank of England conference titled ‘Central Banking and Fintech – A Brave New World?’ Lagarde uses the term ‘virtual currency’ essentially as a synonym of ‘cryptocurrency.’ According to Lagarde, virtual currencies such as bitcoin pose little or no […]

With the Trump administration having gone radio silent in recent weeks on the issue of currency manipulation and whether it sees the dollar, or other currencies, as under- or over-valued, there was a notable if vague update from U. S. Treasury Secretary Steven Mnuchin who spoke to the IMF’s Managing Director Christine Lagarde on Tuesday […]

How do you know with certainty that Davos has not only jumped the shark, but has become a parody of itself? One answer: when you have a handful of semi, and not so semi, billionaires – perplexed by the populist backlash of the past year – sit down and discuss among each other how a […]

With fears mounting over China’s debt load sustainability, and amid yet another liquidity crisis, President Xi Jinping appeared to admit that China’s economic growth will slow below the government’s 6.5% target. Despite the promise of creating a “modestly prosperous society,” Xi warned that China doesn’t need to meet the objective if doing so creates too […]

Update: The IMF says in a statement following the Lagarde news that its board will meet shortly to consider the conviction. ‘The executive board has met on previous occasions to consider developments related to the legal proceedings in France,’ IMF spokesman Gerry Rice says in e-mail, and adds that ‘It is expected that the board […]

Dec 19, 2016

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by: admin

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Tags: Bloomberg, Christine Lagarde, France, IMF

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Categories: Crypto Currency, Economy, Government

The Central Banks of Japan and Europe have imposed negative interest rates on deposits. Would these blunt monetary tools of Central Bankers be effective if bitcoin adoption becomes widespread? Christine Lagarde, International Monetary Fund Managing Director, says: “We see the recent introduction of negative interest rates by the ECB and Bank of Japan as net […]

It is worth noting how Christine Lagarde, the managing director of the IMF, personally invited Mr. Medcraft. Both parties met up earlier this year as the World Economic Forum in Davos, where the future of Fintech was discussed at length. Bitcoin and Fintech are two areas where regulation will play a major role in the […]

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