The study, which analyzed 18,000 tasks that power the U.S. economy, projects an increase in U.S. productivity ranging from 1.7% to 3.5%. This could add between $477 billion and $1 trillion annually to the U.S. GDP over the next decade.
Marks stated that the natural rate, which reflects the balance of supply and demand for money without central bank interference, ought to guide capital allocation decisions. He, however, pointed out that the financial market has not operated freely since the 90s due to the Federal Reserve's 'activist' approach.
Cryptocurrency-related venture capital inflows remained tepid in the final quarter of 2023, leaving many wondering: "Has the thaw even begun?"
A new report on decentralized finance (DeFi) hones in on one of the most pressing issues facing this innovative sector: the challenge of digital identity.