The European Central Bank (ECB) is urging European Union (EU) institutions to discourage the use of digital currencies, such as bitcoin, by highlighting the fact that they do not have the same legal status as currency or money. According to a legal opinion released on Tuesday, the ECB is urging EU legislators to impose new […]
Archives for October 2016
WikiLeaks: Campaign insider wonders if Hillary Clinton knows ‘what planet we are all living in’
In part 12 of the WikiLeaks document dump, an email from a campaign insider shows that some people are wondering if Hillary Clinton knows what planet she is on. Last year, Clinton told an Ohio audience: “You know, I get accused of being kind of moderate and center, I plead guilty.” Over the last several […]
Federal Reserve Thinks It Can Use the ‘Natural’ Interest Rate to Boost Economy
By: Frank Shostak It is widely accepted that by means of suitable monetary policies the US central bank can navigate the economy towards a growth path of economic stability and prosperity. The key ingredient in achieving this is price stability. Some experts are of the view that what prevents the attainment of price stability are […]
Video: Bill Weld isn’t pleased with Bloomberg’s John Heilemann mocking ‘Aleppo moment’
Bill Weld, Libertarian Party nominee Gary Johnson’s running mate, wasn’t pleased with Bloomberg’s John Heilemann recent mocking. The media pundit mocked Johnson’s Aleppo moment, which obviously didn’t please Weld whatsoever. This is evident in the brief clip below:
Ron Paul: Iceland today? The U.S. tomorrow?
By: Ron Paul During the 2008 economic crisis, Iceland’s government froze offshore accounts held by foreign investors in that country’s currency, the krona. Recently, the government of Iceland announced it would unfreeze the accounts if the account holders paid a voluntary “departure tax,” which could be as high as 58 percent. Investors who choose not […]