‘Fascinating’ time for global markets - Breaking News

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Wednesday, March 24, 2021

‘Fascinating’ time for global markets

Sky News Business Editor Ross Greenwood says it’s a fascinating time for markets as cryptocurrencies are beginning to be introduced for transactions. “Elon Musk overnight has also indicated that he is now prepared to take Bitcoin to buy Tesla cars,” Mr Greenwood said. “Central banks hate it. Our Reserve Bank says it’s not a real thing.” He also highlighted that whenever “free money” is being printed, markets go up big time. “There’s so much free money being printed by governments here and in the United States and Europe,” Mr Greenwood said. “When there’s free money, markets go up and they go up big time.”

from Breaking National News and Australian News | Daily Telegraph https://ift.tt/31iqJOh

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