QUESTION #1: why no information on CBDC. Need help fast. Feds are suppose to call in the dollar in July. HELP mk COMMENT #1: This whole thing reminds me of the movie The Omen and we will be accepting the number of the beast and without it we will not be allowed to buy […]

New York City Mayor Eric Adams has unveiled one of the most intrusive plans to date. On track with the World Economic Forum, NYC plans to reduce food-based emissions by 33% by 2030 (Agenda 2030—look it up, people). The Mayor’s Office of Climate & Environmental Justice wants the people to eat more plant-based meals and […]

Brave women in Iran have been defying the hijab law despite the risk of death. The Iranian government is now installing cameras throughout the nation to see who dares to defy their orders. Those found guilty will be fined 2.5 billion rials ($60,000) and their bank accounts will be frozen. Iranian women have been protesting […]

QUESTION: Hi. I do not understand why you keep advocating over and over how the depositors should be bailed out over 250k. It makes no sense from a moral hazard perspective. It is fact that should they do that, in spite of depositors signing agreements acknowledging that deposits over 250k would not be guaranteed, the […]

ASIA: India’s Gross Domestic Product (GDP) growth slowed to a three-quarter low of 4.4 percent in October-December 2022-23 primarily due to a 1.1 percent contraction in manufacturing, along with weaker private consumption demand and government expenditure, according to data released by the National Statistical Office (NSO) on Tuesday. Slowing from 6.3 percent in July-September and […]

I know we have a lot of people expressing their opinion that the dollar will crash because when the government converts it to digital, it will be like spy wear tracking everything we do. Now you have people running around preaching the dollar will crash any day citing Biden’s Executive Order 14067. However, read it […]

Head of Central Bank Digital Currency HM Treasury Apply before 11:55 pm on Tuesday 7th February 2023 Key Accountabilities The successful candidate will be responsible for leadership of HM Treasury’s work on a potential digital pound – a UK central bank digital currency (CBDC). This work is important, complex and cross-cutting, and the leadership will […]

ASIA: China’s central bank digital currency (CBDC) project has reached the mark of close to USD 14 billion in transactions during its pilot phase. This makes the digital yuan, the most wildly adopted CBDC in the world. With its first CBDC trials launched in April 2020, China’s central bank has been aiming to eventually replace […]

ASIA:  To stabilize China’s foreign exchange market and support the value of the yuan, the country’s central bank, the People’s Bank of China (PBC), announced that it will raise the foreign exchange (FX) risk ratio for foreign exchange forward trading from 0 to 20 percent, effective Wednesday. It will increase the cost of foreign exchange […]

ASIA: China announced on Tuesday that its People’s Liberation Army (PLA) would launch a series of targeted military operations on the island in response to House Speaker Nancy Pelosi’s visit to Taiwan and its resolute defense of national sovereignty and territorial integrity. The announcement came shortly after Pelosi landed in Taiwan, the first time in […]