News Story of the Day: Well, if you ever wanted to move to the lovely place of Manhattan, then now would be an opportune time. Thanks to the disastrous policies of Mayor Bill de Blasio and Governor Andrew Cuomo, it hasn’t been this cheap to live in Manhattan in years. Manhattan apartment rents fell ten percent to $3,167, the steepest drop in nearly a decade. The vacancy rate surged to an all-time high of 4.33 percent. Even localities close to Manhattan, such as Northwest Queens, saw its median rent slide 15 percent to $2,424.
Chart of the Day: The United States economy is in a bad place, but its gross domestic product contraction has not been as bad as some other countries.
Illustration of the Day: Why do conservatives keep falling for Republicans’ rhetoric about small government??
Quote of the Day: A big short in currencies? The gold prices show it, writes Thorsten Polleit
Unfortunately, an end to central banks’ inflationary policies is not in sight. There is the widespread and deeply entrenched belief among people that an increase in the quantity of fiat currency would make the economy richer, and that it would help overcome financial and economic crises. This is, however, a serious mistake, for all an increase in the stock of money does is make some richer at the expense of many others. And an inflation policy can cover up economic and financial problems only for so long.
Tweet of the Day: President Donald Trump struck a historic deal between Israel and the United Arab Emirates (UAE). Joe Biden issued a “statement”:
CNN BREAKING: Joe Biden Releases Statement on Trump ME Peace Deal:
‘My VP Kamala Rice and I both agree that the United Auto Engineers have no business signing a peace deal with Israel. They are all dog face pony soldiers that don’t know … you know … ‘the thing’.
— RattleProof.357 (@ASimplePatriot) August 13, 2020
Video of the Day: Yikes. The mainstream media is doing its job to ensure that nobody dares criticize Senator Kamala Harris (D-CA). According to the press, if you criticize Harris, you are being a sexist and a racist.
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