Helping You Survive and Prosper in the Greater Depression
Expiry dates and restrictions on “less desirable” purchases are some of the key advantages behind central bank digital currencies (CBDCs), according to an economist at a World Economic Forum (WEF) event. The WEF hosted the 14th annual Meeting of … [Continue reading] about World Economic Forum in China: CBDCs can stop you from buying ‘things that it deems less desirable’
The Federal Reserve Bank of Atlanta's GDPNow model estimate was revised slightly upward on Tuesday. In the second quarter, the U.S. economy is projected to advance 1.9 percent, up from 1.8 percent in the previous week. From the Atlanta Fed … [Continue reading] about Atlanta Fed GDPNow shows second-quarter growth to be below 2%
As you may have learned, Hunter Biden, President Joe Biden's son, will plead guilty to two misdemeanor tax charges and admit to felony gun possession. From CBS News: Hunter Biden's plea will include an acknowledgement that drug use was a … [Continue reading] about Hunter Biden pleads guilty in sweetheart deal, Trump calls it ‘a mere traffic ticket’
Is the U.S. banking system hanging on by Federal Reserve bailouts? Despite bullish sentiment washing over Wall Street and fears of a banking crisis abating, the financial institutions are tapping into the central bank's lending … [Continue reading] about Federal Reserve’s emergency bank bailout fund touches another record high
The Federal Reserve has left interest rates unchanged at a target range of 5.00 and 5.25 percent. Here is the statement from the Federal Open Market Committee (FOMC): Recent indicators suggest that economic activity has continued to expand at a … [Continue reading] about Federal Reserve leaves interest rates unchanged; FOMC updates dot-plot