By Trisha Miller A large category of fraud, simply labeled “cybercrime” lost Americans $800 million in 2014 alone. The FBI filed cases of over 269 thousand people who fell victim to fraud that year. However, even they say that these reported scam cases aren’t close to the actual number of internet crime losses. It is […]
Archives for August 2016
Ron Paul explains why TPP is bad for Americans
The Trans-Pacific Partnership (TPP) has been one of the main issues in the 2016 presidential election cycle. President Obama is absolutely in favor of TPP. Donald Trump is against the TPP, Mike Pence supports it, Hillary Clinton continues to flip flop on the crony globalist deal and Tim Kaine also recently flip flopped on the […]
Did the Bank of England slash rates, revive QE because Brits are hoarding a lot of cash?
The Bank of England (BOE) shocked markets on Thursday, which helped push up gold prices. BOE Governor Mark Carney announced that the key lending rate would be cut by a quarter of a percentage point to 0.25 percent and the central bank’s bond-buying program would be revived. The news came out of no where, and […]
ECB buying money-losing bonds to stimulate eurozone economy
Can the European Central Bank (ECB) really resuscitate the eurozone economy? It thinks it can. And one of the ways the central bank thinks it can is to purchase billions of dollars worth of bonds that will lose it money. The ECB announced Wednesday – one day before the Bank of England (BOE) announced it […]
War on Cash: Most Americans think they’ll see the end of cash in lifetime
A majority of Americans think they will see the death of cash in their lifetime, says a new poll from Gallup. According to the survey, nearly two-thirds (62 percent) of Americans think the United States will transform into a cashless society in their lifetime. This means that all purchases will be made with credit cards, […]