“Not only do they attach strings to project funding such as this camera requirement in Richmond, they also finance many state and local surveillance programs outright.”
Read more: https://mises.org/wire/how-feds-use-transportation-funds-spy-you
“In February, the company insisted that all that stolen data didn’t include passport numbers. Except it did.”
Read more: https://www.vox.com/business-and-finance/2018/5/10/17337260/equifax-data-breach-passports
“The biggest importer of Iranian oil is China. There are also efforts being made by China, the world’s second largest economy, to trade oil in yuan.”
Read more: http://www.ibtimes.com/europe-pay-iran-euros-oil-abandoning-dollar-2681417
“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.”
Read more: https://gizmodo.com/australia-bans-cash-for-all-purchases-over-7-500-start-1825946888
“In an industry where power and influence are measured in dollars and cents, this may be the most exclusive club in finance: The price of admission is at least $25 million.”
“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.”
Read more: https://bulawayo24.com/index-id-news-sc-national-byo-134280.html
“Banks and credit card companies are now considering a more permanent move that would transform them into foot soldiers in the deep state’s push to create a register of all gun owners.”
“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.”
“Can you trust something that’s summoned into being, without a government backing it? As it turns out, this is precisely the conundrum that early Americans faced.”
Read more: https://www.smithsonianmag.com/innovation/founding-fathers-money-problems-bitcoin-180968393/