The Hidden History of World War I

“The whole thing shows you that wars can be caused by groups that you and I are not aware exist and that strings are being pulled by people behind the scenes.  And wars can be avoided, I think, by honesty and transparency.”

Read more: https://www.lewrockwell.com/2018/07/no_author/hidden-history-of-ww1-2/

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Litecoin’s Creator Partnering With TokenPay To Buy German Bank WEG

“If all goes according to plan, not only will TokenPay and the Litecoin Foundation have a reliable banking partner, they would also transform WEG into an on-ramp for consumers worldwide who want to trade fiat for cryptocurrency or pay for goods and services with crypto.”

Read more: https://www.coindesk.com/litecoin-bank-tokenpay-crypto/

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EU Parliament Study Warns Politicians Not To Ban Bitcoin

“‘Unlike their 18th and 19th century paper [private money] predecessors, VCs are used globally, disregarding national borders,’ the report reads.”

Read more: https://bitcoinist.com/eu-parliament-study-not-ban-bitcoin/

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BIS Chief to Crypto Coders: ‘Stop Trying to Create Money’

“The head of the Bank of International Settlements has predicted a bad ending for cryptocurrencies, calling for an end to their production in a recent interview.”

Read more: https://www.coindesk.com/bis-chief-says-stop-trying-to-create-money-in-new-crypto-critique/

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Bank of Finland Report Calls Digital Currency a “Fallacy”

“According to the article, the main impetus for buying cryptocurrencies are either for criminal activities, creating a sense of community, security against ‘real or imagined’ state oppression, and the thrill of trading.”

Read more: https://cointelegraph.com/news/bank-of-finland-releases-scathing-crypto-report-calls-digital-currency-a-fallacy

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Doug Noland: Intimidate Nobody

“Over time, attaining financial wealth became an absolute prerequisite for wielding geopolitical power and influence.  The old military variety appears almost feeble standing next to the contemporary Financial Arms Race.”

Read more: http://creditbubblebulletin.blogspot.com/2018/07/weekly-commentary-intimidate-nobody.html

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China’s Central Bank Spars With Its Ministry of Finance

“In China the fingerpointing over who is responsible for China’s economic mess has begun.”

Read more: https://www.zerohedge.com/news/2018-07-20/startling-development-war-words-erupts-between-chinas-central-bank-and-ministry

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Trump Blasts China, EU For ‘Currency Manipulation’

“The currency war has arrived.  So say some of the best and brightest in the $5.1 trillion-per-day foreign-exchange market.”

Read more: https://www.bloomberg.com/news/articles/2018-07-20/currency-war-erupts-as-trump-blasts-china-eu-for-manipulating

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California Rep. Supported By Banks Pushes For Federal Cryptocurrency Ban

“‘We should prohibit U.S. persons from buying or mining cryptocurrencies,’ the California Democrat – whose largest donor is credit card processor Allied Wallet – declared.”

Read more: https://www.coindesk.com/u-s-congressman-calls-for-national-ban-on-crypto-ownership/

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U.S. deficit now projected to top $1 trillion starting next year

“The White House budget office now estimates that the deficit will rise to nearly $1.1 trillion in the fiscal year that begins this October, or 5.1% of gross domestic product, up from $984 billion projected in February’s budget proposal. The U.S. ran a deficit of $666 billion for the fiscal year that ended Sept. 30, 2017, or 3.4% of GDP.”

Read more: https://www.marketwatch.com/story/us-deficit-now-projected-to-top-1-trillion-starting-next-year-2018-07-19

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