Venezuelans are rushing to the banks this week in a desperate attempt to protect their savings from the government's latest spasm of reckless financial policymaking.
Some peculiar characteristics of Bitcoin have qualified the digital currency to substitute the position of money, currency or commodity depending on the preference of an individual.
As physical currency around the world is increasingly phased out, the era where "cash is king" seems to be coming to an end.
Barron's is going wild over the Dow. The magazine says Get Ready for Dow 20,000.
The historic Brexit legal challenge has drawn to a close with a reminder from the Supreme Court that it will not "overturn the result of the EU referendum".
No Privacy And No Freedom. If you listen closely, the global elite are telling us exactly what they intend to do.
to be unleashed once President Trump takes office
The purported object behind this step is to get rid of high denomination currency notes that the government believes are hoarded by tax evaders and corrupt government bureaucrats. This might be a little difficult to digest for an economist.
Amid social unrest and loss of faith in the nation's currency, India's economy has ground to a halt with its Composite PMI crashing by a record in the last month as demonetization strikes.
In response to the Italian Referendum which caused prime minister Matteo Renzi to resign, the Euro/USD took a dive from 1.0672 to as low as 1.0506.
U.S. equities closed higher on Monday, unfazed by a key vote in Italy which led to Prime Minister Matteo Renzi's resignation, as financials, technology and consumer discretionary stocks rose around 1 percent.
...from central bank rigging of capital markets, to political rigging of elections, to media rigging of public sentiment, and now, commercial bank rigging of both silver and gold. In short, "tinfoil hat-wearing nutjobs living in their parents basemen
Biggest bolivar note worth two U.S. cents on the black market So desperate for cash, people queue in hope at empty machines
The Venezuelan hyperinflation is the direct result of what happens when the general population loses all confidence in the government.
A key Italian bank gauge slumped to a three-month low on Monday, reflecting fears that a potential rejection of proposed constitutional reforms in a Dec. 4 referendum could unleash political and economic uncertainty.
Greek banks have proposed a series of measures to combat tax evasion, strengthen the electronic transactions and limit the use of cash in the economy, and as KeepTalkingGreece.com reports, one of the measures proposed is a special tax on cash withdra
Just last week we were amazed to report that the Venezuela currency, the Bolivar, had crashed below 2,000 for the first time ever, losing 50% of its value in just two months as the Venezuela hyperinflation had entered its terminal phase.
In April, Trump said he would impose a hefty tax on Carrier's Mexican-made products and "within 24 hours, they're going to call back: 'Mr. President, we've decided to stay. We're coming back to Indianapolis."'
– And The Global Elite Want To Keep It That Way
Durable goods orders as reported by the Census Bureau were a scorcher today, but figures were heavily skewed by nondefense aircraft orders up over 94%.
Italy's government is on the verge of collapse. Prime minister Matteo Renzi reiterated his position just yesterday, he will not hang on if a referendum he seeks does not pass.
George Soros is a monster who destroys nations then buys them up.
I gave a talk the other night about growing income inequality in the USA. The next day, the Wall Street Journal published the article below my signature about electronics work outsourced to contract manufactures in China by Apple and other American
Federal Reserve Chair Janet Yellen signaled the U.S. central bank is close to lifting interest rates as the economy continues to create jobs at a healthy clip and inflation inches higher.
Say hello to the decentralized economy -- the blockchain is about to change everything.
For a record 27th straight month, US import prices declined in October (-0.2% YoY) despite a surge in fuels and lubricants (up 7.2% MoM).
With TARGET2 imbalances at record highs, Italian bonds yields are exploding higher (despite Draghi's foot on the scales) following Trump's populist-encouraging victory just a few shorts weeks ahead of Italy's referendum vote.
The Federal Reserve has been counterfeiting dollars at a rapid pace. Amazingly, they want prices to rise faster (how nice of them). Well, they're ultimately going to get what they want. Ron Paul tackles the great enabler of big government on today's
The global ocean economy is estimated at €1.3 trillion. Climate change, poverty and food security are some of the global challenges that can be effectively addressed, if oceans are better protected and sustainably managed.