As of 8 August 2022, neither the Federal Reserve Bank of New York or the U.S. Treasury intervened in the … More
Author: Alton Drew
I graduated from The Florida State University with a Bachelor of Science in economics and political science (1984); a Master of Public Administration (1993); and a Juris Doctor (1999). I am a member of the Maryland Bar and practice political law.
You can follow me on Twitter @altondrew. You can email me at altondrew@altondrew.com.
Why Abrams and Kemp’s battle cry on inflation misses the mark.
Stacey Abrams and Brian Kemp should either remain silent on inflation or at, maximum, learn the causes of inflation and share that knowledge with voters. What they are proposing in terms of spending and taxation provides political optics and nothing more.
Binary Options: Why Pelosi’s visit to Taiwan won’t be an impactful event for the AUD/USD.
The mainstream media adds a fear premium in every political story it writes. Nancy Pelosi’s trip to Asia is another example. The Speaker of the House and Democrat of California said her trip is intended to focus on “mutual security, economic partnership and democratic governance.”
Why isn’t trading your capital your full-time job?
We are in scary, challenging, and ironically liberating times. Why not have your next career move be all three?
How and why traders should distinguish between “money” and “currency.”
Introduction In my last blog post, I commented on the improbability of the American government supporting an environment that would … More
Exempting #cryptocurrency transactions from #taxation is one step to increasing use, but not enough.
If Congress truly wants to move from rhetoric about innovation and unleash the potential of cryptocurrency, it should make illegal the convertibility of crypto into fiat currency. Crypto needs to differentiate itself from fiat currency by demonstrating that it has intrinsic value.
Reconciling cryptocurrency and United States currency. The dollar is a shit coin, too.
I don’t pretend to be a software engineer. Never played one on TV, but if that string of code actually contained information that supported some ground breaking event or new technology, then maybe crypto would finally have some anchor point from whence investors would see continued progression.
CFTC rules appear silent on non-bank prop firm challenges.
The current proprietary trading firm model, when not abused, creates a balance between a prop firm and prospective trader. A reputable prop firm creates an environment where both it and the trader can profit.
Remarks of Chairman Rostin Behnam at the July 28, 2022 Financial Stability Oversight Council Meeting
Government Notice July 28, 2022 “The CFTC is one of the regulators at the forefront of climate-related risk management as … More
Commentary: Americans are not experiencing a #recession but should redefine “economy.”
Politically, labor markets will continue to take on some importance, but as the structure of labor continues to change in the face of the growing value of financial assets, labor will play a less important component in determining the strength of the economy.
Labor will be the next “to what end” question.
Alton Drew's The Interbank Market 