"In a formal address to Congress, the U.S. Secret Service issued a stern warning regarding the illicit use of digital currencies that could have severe implications for possible future legislation."
"Private polls—and a timely ‘concession’ from the face of Leave—allowed the funds to make millions off the pound’s collapse."
"There were two big temptations to the American Republic of the 1950s; subsequent generations gave in to both of them."
"The collapse of the peso comes despite an endless series of measures to halt it."
In this episode, I explain just one way the central bank has wrecked the economy as revealed by a couple of recent news items. It will help you understand why we really do need to end the Fed!
"The Reserve Bank of Zimbabwe issued a circular Friday ordering all financial institutions to terminate servicing cryptocurrency exchanges within 60 days and begin to liquidate existing crypto-related accounts."
"Australia’s Liberal Party government says it’s 'encouraging the transition to a digital society,' and cracking down on tax evasion."
"Former Reserve Bank of Zimbabwe governor Gideon Gono says he was forced to print money even when he knew it would cause hyperinflation because the government was desperate to forestall a coup by hungry soldiers."
"Interviews with more than two dozen customers who had their money stolen through Zelle illustrate the weaknesses that criminals are using in targeting the network."
"Indians are concerned that a proposed bill, which gives regulators the option to use public deposits to bail out a bank that goes bust, is pushing individuals to hoard cash. The government has repeatedly issued statements to assure the public that their money would be safe. These concerns are heightened by news that emerged in February of a $2 billion fraud at state-run Punjab National Bank, where a jeweler allegedly colluded with a bank employee to siphon off money before leaving the country."