Archives for January 2015

The peer-to-peer decentralized virtual currency bitcoin can’t seem to catch a break in the New Year. The price of the highly adopted digital currency has fallen to just under $200, and at one point during the Tuesday trading session it dipped to under $180. Many expect it to fall another 20 percent before rebounding between […]

The corporate trend in the economy for the past few years has been shrinkflation, a process whereby brands charge the same price or more for a smaller quantity. Some economists say this is the prelude to rampant price inflation. We have written about this before, including Cadbury removing to squares from its snack but charging […]

Governments that are rich in oil are in panic mode right now. With the price of oil per barrel hitting around the $40 mark, government officials are conjuring up new policies to continue the charade of big government. Instead of cutting spending and reducing the size of government, oil-rich countries and states are simply considering […]

The United States Social Security Administration (SSA) confirmed that it won’t be seizing your tax refunds this year for old debts that may be outstanding by about a decade, according to a statement released by the federal agency. Early last year, Carolyn Colvin, acting Social Security commissioner, had suspended a debt collection program that would […]

Former Federal Reserve Chair Ben Bernanke said this week that the health of the consumer could be at its best since prior to the economic collapse. In a way, he may be correct considering that the appetite for borrowing among consumers has flourished in recent years, particularly when it comes to automobiles. This appetite, though, is predicated on a phony economic recovery that […]