Business

The Swiss, the Finns, and the Ontarians may get their 'Universal Basic Income' but the Japanese are about to turn the Spinal Tap amplifier of extreme monetary experimentation to 11. Sankei reports, with no sourcing, that the Japanese government plans to unleash "vouchers" or "gift certificates" to low-income young people to stimulate the "conspicuous decline" in consumption among young people. The handouts may not be deposited, thus combining helicopter money (inflationary) and fully electronic currency (implicit capital controls and tracking of spending).

Submitted by Jim Quinn via The Burning Platform blog,

The CIA are expanding an existing program that influences mainstream media outlets to promote fake propaganda stories, by having agents troll internet forums, social media, and website comment sections – in an effort to disrupt alternative media sites.  In an expansion of Operation Mockingbird, the agency are now creating fake user accounts on various internet forums and social media channels, arguing politics with real users in an attempt to stifle and subvert genuine communications between users.

Submitted by Peter Schiff via Euro Pacific Capital,

"And It's Gone..."

It seems The Fed is not happy with the market's exuberance...

Which makes sense...Because the market is not lining up with reality...

Macro-economy? Nope...