On Monday, Janet Yellen was confirmed by the United States Senate to become the next chair of the Federal Reserve System. Yellen, 67, will succeed Ben Bernanke when his second term expires on Jan. 31. The Keynesian will also become the first woman to head one of the most powerful organizations in the world. Although […]
Archives for January 2014
Bitcoin ATMs to be launched in Hong Kong, Toronto; banned in Taiwan
A few months after the world’s first bitcoin ATM was launched in Vancouver, the second one is set to be established in Hong Kong sometime this month. The cryptocurrency ATM permits customers to buy and sell the digital currency in a matter of minutes. The machine is available to purchase for banks and private entrepreneurs. […]
Video: ‘Mafia Guy’ from Peter Schiff Walmart video returns
Peter Schiff’s minimum wage Walmart video created a tremendous reaction online, both positive and negative. However, one moment of the video came near the end when an older gentleman stated: “Goddamnit! … Nobody wants to pay higher prices!” Apparently, this was the most popular part of the video and Schiff released a longer, uncut version […]
Will food price inflation lead to Americans becoming vegetarians?
Price inflation is running rampant across the United States, particularly when it comes to food. What’s interesting is that not only are packages of some of our favorite grocery products shrinking, but the prices themselves are increasing at a fantastic rate – though not as quickly as other parts of the globe. According to the […]
Infographic looks at man’s discoveries for the past million years (without government)
The New Year has arrived and as most people look to the future, some are looking to the past. This latest infographic by Norwich University takes a look at man and what he has developed for the past million or so years. From discovering fire to developing tools, from developing mathematics to revolutionizing science, man […]