TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
Once upon a time, the U.S. dollar was backed by the gold standard in a framework that established what was known as the Bretton-Woods agreement, made in 1944. The dollar was fixed to gold at a price of $35 an ounce, though the dollar could earn interest, marking one notable difference from gold. The system ended up Read More…
Whether in response to rising scorching tensions with the US, or simply to provide support for the ruble, on Tuesday Russian President Vladimir Putin instructed the government to approve legislation making the ruble the main currency of exchange at all Russian seaports by next year, RT reported citing the Kremlin website. The head of Russian antitrust watchdog FAS Read More…
Following the Trump administration’s move to target Iran with fresh sanctions while ending sanctions relief, China has come to Iran’s aid with an extraordinary gesture. According to the Times of Israel, the president of Iran’s central bank announced that a Chinese state-owned investment firm has provided a $10 billion credit line for Iranian banks. The contract for Read More…
The big boys, Apple and Google, are now actively developing a payment API for cryptos to use within their browsers. This is a double-edged sword and possibly indicates a shift in tax policy. I don’t trust either Apple or Google at all. The news from Coindesk about Apple and Google developing a payment API on the heels of multiple Read More…
Credit-reporting company Equifax shocked investors, and more than a third of America, when it announced on Thursday afternoon that hackers had breached its data systems, compromising the personal information of approximately 143 million U.S. consumers. The information accessed “primarily includes names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers.” In other words, pretty Read More…
You might not know them by name, but assuming you have ever seen a talking head on MSCNNBCFOXMSMBS fearmongering about the ever-present danger of “hate” groups that (GASP!) don’t worship the government as the holiest institution on the planet then you know they’re work. I’m referring to the Southern Poverty Law Center, a “nonprofit legal Read More…