Discover and read the best of Twitter Threads about #cash

Most recents (16)

@avv_migliavacca 🔻“Per i più curiosi: nel 2016 il mitico #Rogoff (quello che truccò i dati su Excel per dimostrare che il debito frena la crescita: linkiesta.it/it/article/201…) ha scritto “La maledizione del #contante”, dove propone l’abolizione del contante con due argomenti...(segue)
@avv_migliavacca ...” 1) #corruzione, #evasione, bla bla bla...
2) in un periodo di #tassi bassi o zero, per rendere efficace la #politicamonetaria (cioè per far sì che un abbassamento dei tassi induca la gente a spendere), occorre poter applicare tassi negativi..” (segue)
@avv_migliavacca “...non solo alla #liquidità delle #banche (quando viene depositata in banca centrale) ma anche a quella della famiglie, e ovviamente non puoi farlo se questa liquidità è cash..,“ (segue)
Read 21 tweets
#DeltaCorp - A #Gaming Behemoth

Cmp-74
Market Cap- 2,016 cr
Industry- Gaming/Casino
1) Company Overview

Delta Corp only listed casino operator in India enjoying 55% #marketshare in organized #casino market

Along with its casino business, company also owns #Adda52 a leading online poker.

It has licenses in all casino destinations ie #Goa, #Daman & #Sikkim.
2) Competitive advantage & strong entry barriers

Delta owns 3 out of 6 offshore casino licenses and has a total installed capacity of 1lac sq feet and 1200 gaming positions.

The last license issued by Government of Goa was in 2011.
Read 18 tweets
PAUL TUDOR JONES
on
Gold Bitcoin 2020s
THE GREAT MONETARY INFLATION
by Paul Jones & Lorenzo Giorgianni (10 pg, tweet thread)

Re: #Gold $Gold $GC_F $IAU $GLD $PHYS & #Bitcoin $BTC #BTC $USD
Our collective Debt Addictions & Obviously Fiat Currency Expansion is a Hard Habit to Kick
Read 12 tweets
#AatmaNirbharBharatAbhiyan
Based on 👇

Land,Labour,Liquidity&Laws that are not isolationist but inclusive

Ease of Doing Business

DBT,JanDhan,Aadhar, Micro Insurance,Ujjwala Yojana, Ayushman Bharat, PM Awaas Yojana,PM FasalBima Yojana,Krishi Sinchai,Swachh Bharat--Key Landmarks
GST,IBC&PSU Bank Recapitalisation in last 6 yrs,have been big reforms

52606Cr given via #DBT to 41Cr #JanDhan holders

Free wheat&rice to 69Cr ration card holders

18000Cr tax refunds given

Free cylinders to 8Cr #Ujjwala holders

#20lakhcrores #COVIDー19
#atmanirbharbharat
Project DevelopmentCells,working for Promotion of Champion Sectors,in States

#MakeInIndia&Upgradation of Industrial Infra,a success&more will be done to #Decongest economy

3376 SEZs&IndustrialParks with 5 lakhhectares,to be ranked& mapped,in terms of readiness for competition
Read 20 tweets
(THREAD) @ImpactAlpha challenges #impact investors to scale up their efforts 10X. To which I say: Yes! #Investors can do more, but there’s also #policy and #civics to consider. I want to share some ways at @_BlueHaven we’re addressing the #pandemic.
1/ On the #investment side, we’re checking in with #entrepreneurs and orgs we support, helping them keep their teams intact, thinking through costs, etc. (Check out @LaurenSCochran’s conversation with @annefieldonline: bit.ly/2XSdX8D)
2/ Bridge loans to #impact companies can also help. We’re excited about our investment in the Open Road Alliance Fund (@openroadtweets), which offers these to orgs affected by #COVID19 all over the world. bit.ly/2yavbUt
Read 14 tweets
Wie viel sind eigentlich 38 Milliarden Euro?

Ein kurzer #Thread zur aktuellen Größe des österreichischen Hilfspakets, nachdem ich gestern die Zahl wieder an mehreren Stellen gesehen habe, zB bei @sebastiankurz, bei @MartinThuer oder bei der WKO. #Budget #Coronakrise
Was da im März angekündigt worden war, waren
① Haftungen und Garantien (15 Mrd. Euro)
② Steuerstundungen (10 Mrd. Euro)
③ Nothilfe, Entschädigungen (9 Mrd. Euro)
④ Soforthilfe (4 Mrd. Euro)

Macht in Summe die viel gehörten 38.
Allerdings, unter ④ Soforthilfe fällt unter anderem die #Kurzarbeit und der #Härtefallfonds. Beides wurde in der Zwischenzeit massiv aufgestockt. Die #Kurzarbeit wird mittlerweile sehr breit eingesetzt, wie wir hier 👇 datenreich analysiert haben.

agenda-austria.at/publikationen/…
Read 11 tweets
1/
Former member of the #corrupt @CityofSalinas city council & *public figure President & CEO at Monterey County Business Council (MCBC)

Frmr Councilwoman Craig - when you arrived on the #Salinas City Council - did you call for a federal investigation into fraud in COS 457b TD?
2/

did you call for a federal investigation for the land deal the @CityofSalinas made with the owners of a Division Street property?

are you close with convicted cocaine furnisher Mike Hackett who owns or owned the Pizza Parlor within the City of Salinas’ city limits?
3/

have you ever accepted campaign money from anyone in the ‘legal’ #marijuana business?

would you help identify the man in this photo?

(Thank you for *unlocking* your account. It was locked most of the time you were on the #Salinas City Council.)
Read 8 tweets
This is your daily pension announcement: The more crazy shit from @nateglubish edition. As you know, some people had a meeting with Nate and asked some pension questions including:

"How much will Kevin Uebelein’s pay go up as a result of this (ATRF) move? #ABLeg #ABEd #cash
And Nate's answer was:

“It’s not my business to know how much an individual makes”

Yes, it is. That is why it is publicly disclosed in the annual report. The whole universe knows. For a guy like Nate who is pushing to roll back everyone else’s pay in Alberta, WTF? #ABleg #WTF
Nate is into every civil servant’s pay package except Kevin's? I mean the UCP swear every GOA employee is overpaid but not the high earners? That is none of Nate's business. Really Nate? Really? #ABLeg
BTW, @nateglubish was not in the House to vote on Bill 22. #ABLeg
Read 4 tweets
#BREAKING NEWS!!!

@unhcr #UNHCR

According to research by the weekly magazine "@sternde", employees of the @UN refugee agency @Refugees were able to enable #Africans to move to the #West in exchange for #cash payments. Among other things,
the #employees issued false #papers with which the #Africans made it onto the coveted lists of the so-called "resettlement" program.
Several western states, including #Germany, offer refugees who are particularly worthy of #protection a secure future in their country. Above all,
people who are at risk of #disease and #persecution should benefit from this.However, since there are currently only 50,000 to 60,000 such resettlements per year worldwide, the chances of getting one of the places are negligible.
Read 8 tweets
⚡☔ 'NEVER land' #decode thread:
POTUS tweet "NEVER"➡ #QPOST search "never"
Many themes currently in the news.
👉#civilwar #Schiff #treason #Rudy #Barr #snowden #EricHolder #impeachment #cia #msm etc.
#MAGA #TheGreatAwakening
@realDonaldTrump #Qposts #qmap #Qanon
#futureprovespast #Qanon
#civilwar talk has ramped up ever since @poyus shined a light on reality of D-party divisiveness. Anons had no illusions long ago of the evil we face.
searching for #Never also brought up posts about @potus being insulated from #impeachment scams.
Read 25 tweets
1/9 I have purchased a car very recently. So, I went through the usual motions of a large and involved purchase at the time of my decision. This might also give you an insight into the auto sector slowdown #AutoSector #SlowDown #Economyslowdown #economy
2/9 Clean fuel vehicles are coming: Hydrogen fuel cell, & #ElectricVehicles (#BEV & #PHEV) are coming sooner than we thought. Govt envisions an electric mobility future for us & is taking a lot of steps to push EVs under #FAME2 scheme. To reduce pollution & fuel import bill.
3/9 If I buy a regular petrol/diesel car, it may get obsolete sooner than I imagined. Eg: NCR banned 10yr old #diesel vehicles to improve air quality, push towards electric. All this affects resale value of the #cars. Hence, I considered pushing the life of my current car
Read 9 tweets
1/ AT ONE TIME, EVERY PIECE OF #PAPER MONEY WAS BACKED BY #GOLD. REMEMBER… FOR EVERY 20 DOLLAR BILL… THERE WAS $20 WORTH OF GOLD IN A #GOVERNMENT VAULT. NOT ANYMORE.

TODAY, GOVERNMENTS CREATE #CURRENCY BY FIRST CREATING BONDS OR TREASURY-BILLS.
2/
THESE #BONDS ARE SOLD IN THE #MARKET… GENERATING FUNDS FOR THE GOVERNMENT THAT ISSUED THEM.

LARGE #BANKS BUY U.S. BONDS TO FLIP THEM… SELLING THEM TO THE #FEDERAL RESERVE AT A PROFIT -- THIS IS THE MAGIC MONEY MACHINE. #FED
3/ YOU SEE… THE FED IS AMERICA’S #CENTRALBANK. BUT IT DOESN’T HAVE ANY MONEY, NO #CASH ON ITS BALANCE SHEETS.

WHEN A BANK BUYS A BOND AND TAKES IT TO THE FEDERAL RESERVE, THE FED SIMPLY SAYS “THANK YOU MR. BANKER, HERE’S THE PRINCIPAL AND SOME #PROFIT.”
Read 12 tweets
#Brexit ALREADY costs UK £1bn pw as we Hit Holidays! @GoldmanSachs put that lower at £600m. but I'm looking at 2+% less GDP (than would have been); more Govt Debt (+interest); the growing impact of #Brexodus on jobs/taxtake; £devaln.&inflation creep, reducing Property values.1/20
@GoldmanSachs Am puzzled & mortified? that UK's so-called Major Political Parties @Conservatives @UKLabour seem umbilically disconnected? from the financial IMPACT of their recent (let's say) 'accidental collusions' and Brexit-Birth-Giving! Why the co-incidental & costly numeracy lapse? 2/20
@GoldmanSachs @Conservatives @UKLabour Assuming that (eg) @bankofengland @hmtreasury @ICAEW @The_IoD @cbicarolyn @FrancesOGrady are aware of UK's #Brexit financial haemorrhage? eg Govt Debt, Jobs/Tax, Businesses (all sizes), Individuals - there may be varying estimates? but agreement that a HUGE hit is ongoing! 3/20
Read 25 tweets
As new #payment methods continue to emerge, our “2019 Diary of Consumer Payment Choice” highlights both the important role #cash plays in our economy while also illustrating the significant role of competing payment methods and #technologies: sffed.us/cashdiary
#Debit cards were used the most, accounting for 28% of payments. #Credit cards accounted for 23% (up 2% from 2017).
Consumers used cash in 26% of transactions (down 4% from 2017). However, #cash was used heavily for small-value payments, representing close to half of payments under $10.
Read 6 tweets
I also find this argument persuasive.

THREAD on #CBDC & #cash

Having a central bank digital currency alongside cash is effectively like the govt offering 2 different competing monies, b/c they have different characteristics, risk profiles, etc.
Cash is better for privacy, not subject to systemic digital failures, & accessible to all (even those who can't afford digital svcs).
CBDC may be cheaper for govt to offer, enables greater use of negative interest rates as a tool of monetary policy, makes money laundering/terrorist financing more difficult, reduces friction in txns, & enables financial inclusion.*

*Just stating args-don't necessarily agree.
Read 22 tweets
Some analysts seem to think, that #USDJPY must decline when/if #SP500 is to decline or crash. That is not the case! Observe yellow markings #HZupdates
#USDJPY and #Gold have strong inverse relationship. Both have formed triangles since 2015. Now - main direction will continue. USDJPY towards ~154 - and Gold towards ~800 USD #HZupdates
#Gold did bottom in 2015 - but only for a bounce! A "ZigZag-pattern" is defined by A-B-C waves. A from 2011-15 = 5 waves. B from 2015-19 = Triangle (abcde). Now 5 waves down in wave C. Decline may be very strong! #HZupdates
Read 10 tweets

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