money

Meet The New Boss – At The Fed

Jim Bianco at Bloomberg "The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, using the Exchange Stabilization Fund, will make an equity investment in each SPV and be in a “first loss” position. What does...

Don’t Bailout The Share Buyback Queens

From Wolf Richter at Wolf Street. The Trump administration is considering a $850-billion stimulus package (bailout) for corporate America. This includes a bailout for the airline industry - the same airline industry that spent the past few years spending cash and...

‘Distrust in Lebanese banks spurs bitcoin boom’

"If you're fighting for a world where bitcoin is a main currency, you're fighting for the end of all governments...We had the separation of church and state - today, bitcoin is working towards the separation of money and state.""Bitcoin is protected by mathematics,...

Millennial Success Threatens Default Keynesian Fed-Heads

God forbid my generation gets ahead. Ladies & gentlemen, boys and girls, I give you Default Keynesian 101. Today’s “economists” demonize my fellow millennials’ practice of fiscal responsibility. It’s a miracle my generation can express financial-sovereignty at the...

CDC, Epidemics And “Panic”

Could world health authorities be concealing information from the public at all right now? Who knows, could be. If they are doing this, is the need to "prevent panic" itself preventing people from having the information they need to take proactive protective measures?...

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