Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Thursday, 11 November 2021, 08:10 HKT/SGT
Share:
    

Source: GBA
Money, Inflation, and Debt
This January, the Government Blockchain Association (GBA), will present The Future of Money, Governance, & the Law, live in Washington DC., and streamed globally.

Washington, D.C., Nov 11, 2021 - (ACN Newswire) - Congress just passed a $1.2 trillion spending package, aimed at mending the US roads and transport infrastructure.


Democrats claim the bill pays for itself through a variety of sources without raising taxes. But the Congressional Budget Office reported that the bill would add $256 billion to the deficit over the next 10 years. If taxes are not raised, where is the money coming from?

The CBO stated that the bill would raise about $50 billion by changing the tax reporting requirements for cryptocurrencies, among other measures. That would be half a billion per year out of a global market cap of $2.9Trillion. Other sources for the infrastructure bill will include unspent stimulus money. That stimulus money was created by adding $14 Trillion to the money supply. In one year.

Confused?
In a post-pandemic world, businesses are facing the money, inflation, and debt circle, inspiring many to put their reserves into crypto. How will the tax reporting requirement changes affect businesses that interact with cryptocurrency? How will these requirements affect the individual? Will this new debt erode the value of the dollar?

This January, the Government Blockchain Association (GBA), will present The Future of Money, Governance, & the Law, live in Washington DC., and streamed globally. Topics will include:
- Cryptocurrency Adoption and Projection
- Redefining Money
- Money, Inflation & Debt
- Tokenomics & Crypto-Governance
- State and Local Government and Blockchain
- National and International Government and Blockchain
- Blockchain Regulations/Licensing/NFTs
- Legal and Regulatory Issues
- Banking and CBDCs

And much more..
Join the GBA community this January 27-28, live in Washington, D.C., or streamed globally, and learn how to navigate the changes that are coming. Tickets are on sale now.

For more information on the Government Blockchain Association, go to www.gbaglobal.org


Topic: Press release summary
Source: GBA

Sectors: Blockchain, Technology
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2022 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



GBA
Jan 11, 2022 22:45 HKT/SGT
Co-Author of Liechtenstein Blockchain Act Speaks to Government Leaders in Washington
Nov 24, 2021 14:18 HKT/SGT
The Government Blockchain Association Strengthens its Global Footprint with New Mumbai Chapter Lead
Nov 22, 2021 07:49 HKT/SGT
GBA & Maven Federal Credit Union Unite
Oct 25, 2021 10:36 HKT/SGT
Blockchain & Infrastructure Post-Event Release
Sept 21, 2021 18:00 HKT/SGT
United States Infrastructure Bill Brings Cardano Billionaire to Washington
Sept 13, 2021 22:53 HKT/SGT
Government Wakes up to Blockchain & Cryptocurrency
Aug 3, 2021 00:36 HKT/SGT
The GBA Annual Achievement Awards
July 22, 2021 08:00 HKT/SGT
A Blockchain Art Show?
July 16, 2021 16:35 HKT/SGT
EST Global Inc. Sponsors CryptoNite
July 12, 2021 08:00 HKT/SGT
Solve.Care Joins The Government Blockchain Association
More news >>
 News Alerts
Copyright © 2022 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | Beijing: +86 400 879 3881 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: