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News & Articles By News Editors
07/08/2022
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By News Editors
Zimbabwe central bank announces gold currency to combat inflation
The Central Bank of Zimbabwe stated on Monday that it would soon begin issuing gold currency in an effort to reduce inflation, which hit 191 percent in June. The Harare government thinks that this will decrease demand for US dollars and at the very least slow down the further depreciation of the local currency. (Article republished from […]
06/27/2022
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By News Editors
Concurrent deflation and hyperinflation will ravage the world
FLATION will be the keyword in coming years. The world will simultaneously experience inFLATION, deFLATION, stagFLATION and eventually hyperinFLATION. (Article by Egon von Greyerz republished from GoldSwitzerland.com) I have forecasted these FLATIONARY events, which will hit the world in several articles in the past. Here is a link to an article from 2016. With most asset classes falling rapidly, the world […]
06/16/2022
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By News Editors
The crypto apocalypse is here
Over the last seven months, we have witnessed a cryptocurrency collapse that is so epic that it is truly difficult to put it into words. Last November, the total market capitalization for all cryptocurrencies crossed the three trillion dollar mark. This week, the total market capitalization for all cryptocurrencies actually dipped below one trillion dollars. In […]
06/15/2022
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By News Editors
Nets ignore news that all stock market gains have been WIPED OUT under Biden
After another disastrous day on Wall Street which saw the Dow Jones Industrial Average plunged almost 900 points at the close among fears of a pending recession, all three evening news networks ignored the fact this meant all stock market gains made during the Biden administration have been wiped out. (Article by Kevin Tober republished from NewsBusters.org) […]
05/24/2022
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By News Editors
Miami’s mayor backed MiamiCoin crypto – then its price dropped 95%
On Feb. 2, the city of Miami cashed out its cryptocurrency MiamiCoin for the first time, depositing $5.25 million into city coffers. Miami mayor Francis Suarez hailed it as a “historic moment” and predicted the cryptocurrency could one day even replace municipal taxes as the government’s primary source of funding. (Article by Scott Nover & Camille Squires republished from […]
05/17/2022
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By News Editors
Settling wreckage from the past
Settling wreckage from the past with realities of the present can be difficult and painful. If you do the crime. You must do the time. (Article by MN Gordon republished from EconomicPrism.com) When it comes to financial markets and the economy, this can take many forms. Some of the most common include bankruptcy, shuttered businesses, and […]
05/16/2022
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By News Editors
Our world of lies
As Russia is an exporter of energy and minerals, higher prices result in more export earnings. It is Americans and Europeans hit with the high prices who are experiencing the sanctions. (Article by Paul Craig Roberts republished from FreeWestMedia.com) Ask yourself why with supply shortages, disrupted supply chains from the mindless lockdown policy, and rising inflation […]
05/12/2022
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By News Editors
Biden: Inflation is everybody’s fault but mine
Speaking at the Eisenhower Executive Office Building, President Joe Biden on Tuesday morning declared inflation to be his top “domestic priority” and insisted that inflation would not be a problem were it not for covid and the war in Ukraine. There was little room, however, for any sound economics in a speech that was little more than a […]
05/06/2022
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By News Editors
It’s mid-2022 and the fed has still done nothing to fight inflation
It was last August when Jerome Powell began to admit that inflation just might be a problem. But even then, he was only willing to say that inflation would likely be “moderately” above the arbitrary 2 percent inflation standard. Back in August, low inflation—not high inflation—was still perceived to be the “problem.” But things had certainly changed […]
05/05/2022
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By News Editors
Uber reports surging revenue as drivers return, but posts massive loss on investments
Uber on Wednesday reported surging revenue during the first quarter as the ride-hailing company said it’s recovering from its coronavirus lows and wouldn’t have to put up “significant” investments to keep drivers on the platform. (Article by Jessica Bursztynsky republished from CNBC.com) But it also reported a $5.9 billion loss during the period that was largely attributed to the revaluation of […]
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