Paul Krugman throws in the towel on calling the demise of bitcoin: "Think of it as a cult that can survive indefinitely"
"Maybe just think of [Bitcoin investing] as a cult that can survive indefinitely," the Nobel Prize-winning economist wrote on Twitter on Wednesday.....»»
Key Words: Bitcoin bros mock Paul Krugman for comparing the crypto craze to ‘a natural Ponzi scheme’
The Nobel Prize-winning economist questions cryptocurrency’s economic role in his latest column.....»»
Paul Krugman"s Magical Thinking: Taibbi
Paul Krugman's Magical Thinking: Taibbi Authored by Matt Taibbi via Racket News, Last week, in “It’s Not Me, It’s You,’” I wrote about a booming new op-ed genre, the editorial that bashes hick voters for their incorrect “Perception of th.....»»
Trump 2.0 would be destructive for the economy, as the former president embraces "crank" doctrine and economic fantasy, Paul Krugman says
Trump's first term showed he's prone to "magical thinking," and his economic doctrine would hobble growth and stoke inflation in a second term, Krugman said. Getty/Drew Angerer Trump's re-election could bring loads of problem.....»»
"Is Inflation Taking Off Again?" Paul Krugman Dismisses Fears, Citing Atlanta Fed Survey
Paul Krugman, a prominent American economist, has weighed in on the current inflation debate, citing a recent survey by the Atlanta Federal Reserve that suggests stable inflation expectations. read more.....»»
Will March Inflation Data Break Tech Rally"s Back? Why Wall Street"s "Dean Of Valuation" And Gene Munster Are Worried, But Paul Krugman And Other Economists Are Not
Economists generally predict a slight slowdown in the month-over-month inflation rate, with consumer prices and the core reading potentially rising by 0.3% in March compared to 0.4% in February. read more.....»»
Guggenheim"s Minerd says bitcoin"s harsh sell-off isn"t over yet, but the cryptocurrency will ultimately survive along with ether
The Guggenheim global chief investment officer told CNBC bitcoin had gone "exponential" over the last few months and was due for a correction. Gug.....»»
Nobel prize-winning economist Paul Krugman explains why he"s more left-wing than the Modern Monetary Theory crowd
Krugman w.....»»
Tesla Has Had A Major Bull In Cathie Wood"s Ark. Now The Two Are At Odds Over Elon Musk"s Bitcoin Stance
Cathie Wood-headed ARK Invest’s Director of Research Brett Winton is calling Bitcoin (BTC) a “novel economic institution” and said its potential outweighs its energy requirements — a stance diametrically opposite taken by Tesla Inc read more.....»»
Crypto looks like the dotcom space of the 1990s, and bitcoin may not survive it, investment chief says
Bitcoin could fade away just like the once-dominant Netscape Navigator, the chief investment officer of Kleinwort Hambros said. .....»»
China softens tone on bitcoin, calling it an "investment alternative" after years of cracking down on crypto
"We regard bitcoin and stablecoin as crypto assets ...These are investment alternatives," Li Bo, deputy governor of China's central bank, told CNBC. A small toy figurine .....»»
China Calls Bitcoin An "Investment Alternative" — Why The Move Is Significant
China’s central bank is now calling the world’s biggest cryptocurrency Bitcoin (BTC) an "investment alternative," CNBC read more.....»»
Coinbase Stock Analyst With $600 Price Target Says It Hinges On Bitcoin
MoffettNathanson analyst Lisa Ellis made headlines this week after placing a $600 price target on Coinbase Global Inc (NASDAQ: COIN) and calling the stock a "must-own" for long-term investor.....»»
NewsWatch: The stock market could double by 2030 because COVID has ‘utterly changed’ the policy environment: analyst
A prominent stock-market analyst throws in the towel as the S&P 500 index nears his end-of-decade target with “eight-and-a-half years to go,” writing that he now agrees with colleagues that the U.S. benchmark could hit 8,000 by 2030......»»
The Tell: The stock market could double by 2030 because COVID has ‘utterly changed’ the policy environment: analyst
A prominent stock-market analyst throws in the towel as the S&P 500 index nears his end-of-decade target with “eight-and-a-half years to go,” writing that he now agrees with colleagues that the U.S. benchmark could hit 8,000 by 2030......»»
Wind Power Is A Disaster In Texas, No Matter What Paul Krugman Says
Wind Power Is A Disaster In Texas, No Matter What Paul Krugman Says Authored by Robert Murphy via The Mises Instit.....»»
Why This Analyst Is Cautioning Bitcoin Investors To Have A "Very Strong Stomach" Amid Plunge
Bitcoin (BTC) shows positive signs in the long-term but investors will need to have a “very strong stomach” to survive through short-term volatilit.....»»
"Shark Tank" star Mark Cuban compares the Bitcoin boom to the dot-com bubble, warning many cryptocurrencies won"t survive the coming crash
"If you are taking on debt that.....»»
Key Words: Mark Cuban says recent crypto trading is ‘exactly like the internet stock bubble’
Billionaire Mark Cuban thinks bitcoin can 'survive and thrive'.....»»
Veteran investor Bill Miller flips Warren Buffett"s Bitcoin snub to argue crypto beats cash
"Warren Buffett famously called bitcoin 'rat poison.' He may well be right. Bitcoin could be rat poison, and the rat could be cash." Paul Morigi/Getty Images for Fortune/Time Inc Value investor Bill Miller praised Bitcoin in a market lette.....»»
Nobel laureate Paul Krugman predicts a swift, sustained economic recovery once vaccines are rolled out
"I'm in the camp that expects rapid growth once people feel safe going out and spending money," Nobel Prize-winning economist, Paul Krugman, said. REUTERS/Brendan McDermid Paul Krugm.....»»