Recession ‘Virtual Certainty’ as Interest Rates Spike
Interest rates are now 1.5 percentage points higher than they were a few months ago. On Wednesday, the Federal Reserve raised interest rates by three-quarters of a percentage point on …
Finance
Tax Documents Further Expose Black Lives Matter Organization As Racist Multimillion-Dollar Grifter Project
The Black Lives Matter Global Network remains a multimillion-dollar project as money scandals continue to pile up. The FederalistThe Federalist is an American conservative online magazine and podcast that covers …
Why Are the Feds So Mad About Bitcoin Retirement Investing?
Bitcoin has emerged as an attractive savings option in a time of creeping global inflation and general uncertainty—to say nothing of the situation facing the stock market. Like gold, this …
Banning Lawmakers From Trading Stocks Won’t Fix Congress
After a collection of questionable stock trades by members of Congress at the beginning of the pandemic, and similar trading scandals in the federal judiciary and the Federal Reserve, there …
New York Times Writer Sarah Jeong Says Inflation in the News Is Just ‘Rich People Flipping Their Shit’
Earlier today, New York Times opinion columnist Sarah Jeong tweeted: all the stuff you see about inflation in the news is driven by rich people flipping their shit because their parasitic …
Banks and Trade Groups Reject Saule Omarova, Biden’s New Currency Comptroller Pick
Some people who survived the Soviet Union took its failures as lessons learned the hard way, not worth replicating. But not Saule Omarova, President Joe Biden’s pick to serve as …
Biden’s Inflation Scapegoat Is ‘Profiteering’
When July’s all-item Consumer Price Index (CPI) registered 5.4 percent year-over-year growth—a level of inflation which essentially takes away a year’s income growth for low-wage earners—it was all but assured …
German Finance Ministry Raided Over Failing To Report & Investigate Money Laundering
German Finance Ministry Raided Over Failing To Report & Investigate Money Laundering On Thursday German prosecutors raided the finance and justice ministries over accusations that the government’s anti-money laundering agency, the …
What Happens When Hedge Funds Buy Up Neighborhoods
A real estate firm estimates ‘that in many of the nation’s top markets, roughly one in every five houses sold is bought by someone who never moves in.’ The FederalistThe …
Don’t Ban Bitcoin
If something isn’t useful to you, why not ban it for everyone? Due to the recent ransomware attacks on Colonial Pipeline and JBS, a major meatpacking company, there have been …