The "Hillary Vs Bernie" Pitch: Fix 'Cultural Bigots' Or 'Corrupt Billionaires'
Authored by Eric Zuesse,
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Why The Chinese Yuan Will Lose 30% Of Its Value
Submitted by Charles Hugh-Smith of OfTwoMinds blog,
The stark truth is nobody wants yuan any more.
The U.S. dollar (USD) has gained over 35% against major currencies since 2011.
When Paper Money Becomes Trash
Submitted by Nick Giambruno via InternationalMan.com,
This definitive sign of a currency collapse is easy to see…
When paper money literally becomes trash.
Maybe you’ve seen images depicting hyperinflation in Germany after World War I. The German government had printed so much money that it became worthless. Technically, German merchants still accepted the currency, but it was impractical to use. It would have required wheelbarrows full of paper money just to buy a loaf of bread.
Crypto-Wars Escalate: Congress Plans Bill To Force Companies To Comply With Decryption Orders
Seemingly angered at the temerity of Apple's Tim Cook's defense of individual's privacy and security, Congress has escalated the 'crypto-wars' that are dividing Washington and Silcon Valley. In its most directly totalitarian move yet, WSJ reports that Senate Intelligence Committee Chairman Richard Burr (R., N.C.) is working on a proposal that would create criminal penalties for companies that don’t comply with court orders to decipher encrypted communications.
NIRP Won't Work - What Ray Dalio Thinks Central Banks Will Do Next
Just as we first warned in September 2013, so it seems the view of "helicopter money" being imminent is now becoming more mainstream as the powers that be slowly propagandize the benefits.
If dropping interest rates to zero was Unorthodox Policy #1 and QE was Unorthodox Policy #2 then it seems very possible Helicopter Money will be Unorthodox Policy #3. Whether this new level of expansionism, with all the hopes and theoretic power it is supposed to hold, can generate growth of the red-hot rather than lukewarm kind remains to be seen.