The de-dollarization push continues? According to new data from Bloomberg, Russia now owns more gold than U.S. dollars. Gold accounted for nearly one-quarter (23 percent) the central bank’s reserves. The U.S. dollar’s share of assets declined from 40 percent in 2018 to 22 percent at the end of the second quarter of last year. But […]
Archives for January 2021
Liberty is sedition? Facebook blocks Ron Paul after questioning social media censorship
Who knew that advocating liberty, peace, and freedom for 50 years is cause for censorship? That’s what the brilliant minds at Facebook did when they blocked Dr. Ron Paul. Paul revealed on Twitter that he was blocked from managing his page for “repeatedly going against our community standards.” Of course, we know why he was […]
Janet Yellen’s Treasury confirmation hearing scheduled for January 19
Open up your calendar and highlight January 19. That is when former Federal Reserve Chair Jane Yellen’s confirming hearing for her nomination to the Treasury Department is scheduled. Her appointment is likely to be approved rather quickly, with Incoming Senate Majority Leader Chuck Schumer (D-NY) wanting “key economic nominees confirmed and on the job ASAP.” […]
Woke ECB, Christine Lagarde to bailout green bond industry
By: Andrew Moran Since the Great Recession more than a decade ago, the European Central Bank’s (ECB) mantra has been to “do whatever it takes.” After throwing everything at the wall to achieve even a modicum of economic growth, the ECB failed at its objective. The institution is temporarily abandoning its mandate by pandering to the woke […]
#BREAKING: Parler sues Amazon, accuses company of violating antitrust laws
After being shut down by Amazon on Monday morning, Parler announced that it is filing a lawsuit against the technology juggernaut. A court filing shows that Parler, a conservative social media alternative, has accused Amazon of violating antitrust laws and breaching the contract between the two parties. “Last Month, Defendant Amazon Web Services, Inc. (‘AWS’) […]