“Beijing once again changed the game with their aggressive deleveraging campaign, which sent shadow credit creation crashing to record lows just last month.”
“Former President Richard Nixon arm-twisted Arthur Burns to maintain loose monetary policy as Nixon sought re-election in 1972. That didn’t work out particularly well: As the 1970s economy continued to grow, inflation took root thanks to low rates and remained stubbornly in place until the early 1980s.”
Read more: https://www.cnbc.com/2018/07/19/trumps-fed-criticism-is-nearly-without-precedent-in-us-history.html
“U.S. border officials won’t release the money, deeming it ‘counterfeit.'”
“The most telling thing about the entrapment prosecution is the sentencing memo, which blatantly lays out the feds’ fear and contempt for any attempt to keep a financial transaction private, whether or not anything inherently illegal is happening.”
Read more: https://reason.com/blog/2018/07/17/entrapment-prosecution-of-bitcoin-exchan
“At the intersection of programming, economics, cryptography, distributed systems, information theory, and math, you will find Vitalik Buterin, who has managed to synthesize insights across those fields into successful, real-world applications like Ethereum, which aims to decentralize the Internet.”
“The three asserted that they had no choice but to use taxpayer money to stabilize the financial institutions. Paulson said, ‘I was totally ineffective at having the American people understand that what we were doing was for them and not for Wall Street.'”
Read more: https://apnews.com/f0c5c2a63f16473e999f64312039dbe2
“That the Treasury Department, Federal Reserve, BIS, JPMorganChase, and IMF refuse to answer the questions spelled out here shows that they fear that exposure can beat them.”
Read more: http://www.gata.org/node/18368
“If any other government department spent as much and accomplished as little, the populace would be in arms.”
Read more: http://www.theamericanconservative.com/articles/war-doesnt-make-sense-anymore/
“No research was done and no panel formed by the banking regulator before coming down heavily on the exchanges.”
Read more: https://qz.com/1321076/bitcoin-ban-how-rbi-choked-indias-cryptocurrency-ecosystem/
“The United States is one of the only countries to tax based on citizenship, not residency. And the U.S. government has tightened its rules in recent years to make it more difficult for Americans to evade taxes by hiding money offshore. For Americans who reside in foreign countries, that can make it more difficult to find financial institutions who will let them open accounts.”