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Economics
We Are Already Living in a Post-Scarcity World
More and more of what we consume has an effectively infinite supply, says EY’s blockchain leader.

Stand-Off Over $28T of US Government Debt Could Rattle Bitcoin Market
The American government has never defaulted on its debts, but congressional gridlock over raising the debt ceiling is making investors question what would happen if it did.

Market Wrap: Bitcoin Drifts Lower as Altcoins Outperform
Bitcoin buyers appear to be exhausted, while altcoins such as Avalanche’s AVAX rally.

US Misses Expectations in August Jobs Report, Pushing Bitcoin to 3-Month High
The U.S. only added 235,000 jobs, falling well short of the 725,000 projection.

How $33B Robinhood Ended Up Being Worth Less Than Coinbase
The stock-trading app will debut in a fast-cooling market, costing it millions in cash and billions in market cap, says our columnist.

US Consumer Prices Rise Faster Than Expected in May
The Consumer Price Index is important to bitcoin investors who are watching for signs of inflation.

Nobody Saw Inflation Coming in the 1960s, but It Could Be Back: Economist
Very few of today's bond portfolio managers and traders can remember the last inflation shock, but that does not make a new shock less likely.

Record-Breaking $1.9T Relief Bill Passes US House, Heads to Biden’s Desk
The measure may contribute to temporary inflation during the summer, economists say.

Fed 'Not Yet Ready to Blink' on Inflation, Pantheon Says
Bitcoin traders may be out of luck if they're expecting the Fed to further ease monetary policy as bond yields rise.

Crypto Long & Short: Bitcoin Is More Than a Hedge Against Inflation – It's a Hedge Against 'Crazy'
For many, bitcoin is hedge against inflation. But it's also a safety play for a world where old ideas about economics are up in the air.
