Authored by James Rickards via The Daily Reckoning,
Visa recently unveiled its own offensive in the war on cash. Visa is offering certain merchants a $10,000 reward if they refuse to accept cash in the future.
Not surprisingly, Visa’s competitor is also part of the war on cash. Mastercard is increasing its efforts to encourage merchants to refuse cash. Here’s Bloomberg, quoting the CEO of Mastercard:
Charlottesville 2
Paul Craig Roberts
What the liberal/progressive/left is trying to do with Charlottesville is to associate Trump supporters with White Supremacists and in this way demonize Trump supporters so that they will not have a voice when Trump is overthrown in a coup. Or it can be put in a different way: Charlottesville is being used by someone to discredit Trump and the people who elected him in order to pave the way for a coup, and the liberal/progressive/left is enabling the plot.
Update 3: According to the WSJ, Blackstone's Steve Schwarzman called Trump to tell him council was disbanding. Then Trump tweeted he was disbanding it.
Authored by Louis Rouanet via The Mises Institute,
Although today high levels of inequality in the United States remain a pressing concern for a large swath of the population, monetary policy and credit expansion are rarely mentioned as a likely source of rising wealth and income inequality. Focusing almost exclusively on consumer price inflation, many economists have overlooked the redistributive effects of money creation through other channels. One of these channels is asset price inflation and the growth of the financial sector.
Since unlike Donald Trump he does not have access to twitter, we can only assume that North Korean leader Kim Jong Un is probably fuming this morning after US and Japanese fighter jets conducted joint “air maneuvers” southwest of the Korean peninsula, according to Reuters. The exercises threaten to reignite tensions between the US and the North after Kim Jong Un reportedly told his generals on Tuesday to shelve a plan to strike Guam with an ICBM.