E-money token and K-shaped recovery: Difference between pages

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imported>Doug Williamson
(Create page - source - K&L Gates - https://www.klgates.com/MiCA-Overview-of-the-new-EU-crypto-asset-regulatory-framework-Part-1-11-15-2022#:~:text=An%20%E2%80%9Casset%2Dreferenced%20token%E2%80%9D,references%20one%20single%20fiat%20currency.)
 
imported>Doug Williamson
(Create page. Source: The Treasurer, December 2020, p30.)
 
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''Blockchain - tokens - stablecoins.''
''Economics - recession and recovery.''
 
A "K" shaped recovery is characterised by a divergence in the recovery - or continued decline - of different sectors of the economy.
 
A chart of the key economic measures would resemble a letter "K".
 
 
:<span style="color:#4B0082">'''''Recovery forecasts diverge'''''</span>
 
:"The impact of COVID-19 is likely to preoccupy businesses into 2021. 
:As of early October [2020], financial markets appear to be pricing in a recovery.
 
 
:However, contingent on developing and rolling out an effective vaccination programme, economists disagree as to whether the recovery will be shaped as a ‘V’ (fast), ‘L’ (slow), ‘W’ (a second or even third wave of the virus) or – perhaps more insightfully – a ‘K’ (growth for some sectors, decline for others)."
 
 
:''The Treasurer magazine, December 2020, p30 - ACT Technical briefing.''


In the context of blockchain, an e-money token is a stablecoin that references a single fiat currency for stabilisation.




== See also ==
== See also ==
* [[Asset-referenced token]] (ART)
* [[COVID-19]]
* [[Blockchain]]
* [[Deflation]]
* [[Coin]]
* [[Depression]]
* [[Crypto]]
* [[Double dip]]
* [[Cryptoassets]]
* [[Great Depression]]
* [[Cryptocurrency]]
* [[Great Recession]]
* [[Digital token]]
* [[Gross domestic product]]
* [[Fan token]]
* [[Inflation]]
* [[Fiat currency]]
* [[L-shaped recovery]]
* [[Fungible]]
* [[Recession]]
* [[Initial coin offering]]
* [[Recovery]]
* [[Markets in crypto-assets regulation]] (MiCA)
* [[Reflation]]
* [[Non-fungible token]] (NFT)
* [[Softness]]
* [[Stablecoin]]
* [[Trumponomics]]
* [[Token]]
* [[U-shaped recovery]]
* [[Tokenise]]
* [[V-shaped recovery]]
* [[Utility token]]
* [[W-shaped recovery]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]
[[Category:Financial_products_and_markets]]

Revision as of 18:40, 18 November 2020

Economics - recession and recovery.

A "K" shaped recovery is characterised by a divergence in the recovery - or continued decline - of different sectors of the economy.

A chart of the key economic measures would resemble a letter "K".


Recovery forecasts diverge
"The impact of COVID-19 is likely to preoccupy businesses into 2021.
As of early October [2020], financial markets appear to be pricing in a recovery.


However, contingent on developing and rolling out an effective vaccination programme, economists disagree as to whether the recovery will be shaped as a ‘V’ (fast), ‘L’ (slow), ‘W’ (a second or even third wave of the virus) or – perhaps more insightfully – a ‘K’ (growth for some sectors, decline for others)."


The Treasurer magazine, December 2020, p30 - ACT Technical briefing.


See also