On a long enough timeline the value of all fiat drops to zero. Joining us today for a quick tour of the history of monetary devaluation and how it can be avoided is Ken Shishido of the Tokyo Bitcoin Meetup Group.
Economy
Why the Mainstream Media Refuses to Talk About the TPP
After two years with nary a mention from the mainstream press, the corporate windfall otherwise known as the Trans-Pacific Partnership (TPP) finally earned some, albeit still inadequate, attention. Considering a New York Times poll from June 2015, which found an alarming 78 percent of respondents had no substantial knowledge of the looming agreement — 30 Read More…
The Presidential Reality Show & The Illusion Of Choice
Distracting the Public The current U.S. ‘Presidential Reality Show’ playing out throughout the mainstream media with almost 24/7 coverage is nothing more than a distraction. It provides entertainment and the ‘illusion of choice’ in what has become hypocrisy and the corruption of the democratic process. While some people may be pinning their hopes on Donald Trump to clean up the Read More…
“Too Big To Jail” — US Refuses To Charge HSBC Because It Could Hurt The Financial System
As it turns out, the rumors were true — HSBC escaped prosecution for money laundering because the behemoth bank was “too big to jail.” A U.S. Congressional report, entitled “Too Big to Jail: Inside the Obama Justice Department’s Decision Not to Hold Wall Street Accountable,” found officials in the U.K. applied the economic threat combined Read More…
Is The Government Coming For Your Retirement Funds?
For most, the thought of having one’s retirement account wiped out is almost nightmarish, to put it bluntly. The reason should be quite obvious; what rational human being would want to accumulate their hard-earned savings over several decades of labor, to then one day find out that all the money saved up from this labor is now gone? For Read More…
7 Out of 10 Americans Agree That Economy is Rigged Against Them
Recent poll finds 71 percent of Americans believe U.S. economy is rigged. A new Marketplace-Edison Research poll published Tuesday found that a full 71 percent of respondents agree that the economy is rigged, affirming the popular rhetoric of the current presidential campaign season. The majority opinion held firm across ethnicity, class, age, and gender differences. Read More…