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Following in the footsteps of Europe, on Monday the Biden administration banned U.S. people and companies from doing business with the Bank of Russia, the Russian National Wealth Fund and the Ministry of Finance.
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"There are still channels by which Germany's gas bills can be paid despite the exclusion of Russia from the main global payments system SWIFT..."
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Update: Christine Lagarde, president of the European Central Bank (ECB), has called on lawmakers to approve a regulatory framework on crypto, hinting at potentially preventing Russia from getting around economic sanctions.
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Central Banks around the world risk having their main banking offices hit with Russian missiles if they cut Russia off from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) Banking system, as some countries are endeavoring to d
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(Update 5:10pm ET): In the latest major escalation, late on Saturday European nations together with the US have issued a joint statement in which they announce the following restrictive economic measuresthings:
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Diplomats and world leaders are calling for Russia to be banned from a global messaging system that handles trillions of dollars worth of financial transactions.
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We all know the problem: in the coming dystopia of social credit scores and central bank digital currencies, our ability to buy and sell will be at the mercy of the criminals in government. . . .
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Five of Canada's largest banks mysteriously went offline this week after the government announced it was freezing assets of people supporting the Freedom Convoy, sparking rumors of a bank run or computer hacking.
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Canadian Government unfreezes some accounts, after accidentally revealing no Canadian bank is safe
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Private for Patrons-only: As liberty changed hands in the new world, its price in freedom weighed heavily.
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Things get pretty weird pretty quick when the banksters start talking about the nature of money.
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Countries like Portugal, Spain, Italy, and Greece, which have higher debt and more profligate governments, are very dependent on this monetary policy...
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Behind the battle to convince everyone that price inflation is not a lasting problem is the necessity to keep interest rates and bond yields suppressed.
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Days after Canadian Prime Minister Justin Trudeau said he would invoke emergency orders to crack down on demonstrators by freezing their bank accounts, five major Canadian banks went offline on Wednesday night
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The Fed in general is studying the plausibility of releasing a U.S. digital currency. It has said that a digital currency would not be intended to replace cash, in spite of a mountain of global evidence that cash is in the crosshairs for extinction.
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The MIT Digital Currency Initiative and The Federal Reserve Bank of Boston have released white paper and open source code for the first phase of what looks to be the new "digital dollar" for the United States of America. The system is called Project
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ShapeShift recently announced its plans to evolve into a community-owned, decentralized platform. In addition, they held the largest airdrop in crypto history with over 1 million eligible addresses.
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The Boston Fed announced this morning that Susan Collins, a University of Michigan economist, will be its new president replacing Eric Rosengren, who stepped down last year amid the trading scandal.
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The biggest headlines of the day - apart from Joe-Rogan-related ones - came out of Europe as sovereign yield spreads starting act a lot like 2011 as the market fears facing reality of an ECB that is about to turn off the free-money spigot.
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If you're a fan of American football, this year's playoffs were some of the best in the sport's history. The last six contests were all decided by the narrowest of margins, often at the last second. It was a good reminder that you need to stay
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Two weeks ago we speculated that deep state's escalating threats to impose draconian sanctions on Russia, and even go so far as to kick it out of SWIFT was the best news for bitcoin in 2022, a year when it desperately needed some good news after plun
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Ernest Hancock
Scott Horton (ScottHorton.org) comes on the show to talk about the push for war (Russia, Ukraine, US), the power of controlling the narrative, propaganda war, etc... - 2024 Election and Libertarian Party POTUS run by Dave Smith
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UPDATE: Claims it reversed course due to "donor feedback" after it announced it would "redirect" donations intended for the Canadian Freedom Convoy to "credible and established charities" that are chosen by Freedom Convoy organizers and
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Economic data had their own drama for once yesterday. Eurozone inflation was far too high at 5.1% y/y vs. 4.4% expected, while the US ADP employment number was far too low at -301K vs. 180K expected. **S-T-A-G-F-L-A-T-I-O-N**.
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Last November, the Federal Reserve System announced tapering (a gradual reduction of the central bank's monthly asset purchases to the point of ending the asset purchase program, which means that the Fed would stop increasing its balance sheet). In
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The Biden Administration's secret crypto strategy is becoming clear: it wants to force stablecoin issuers into the arms of big banking.
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The linchpin that allows the world's nefarious central banking model to be so effective is that the commonfolk - the plumber, the electrician, the teacher, the bartender, bus driver or barber - don't understand it.
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According to recently released data by the World Gold Council (WGC), as of September 2021, the total amount of gold held in reserves by central banks globally exceeded 36,000 tons for the first time since 1990.
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For the past year BofA Chief Investment Strategist, Michael Hartnett, has been one of Wall Street's gloomiest strategists
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Central Bank Digital Currencies are the most direct threat to human liberty - and to the human mind - that has ever come along. Consider, please, that they directly correspond to the "mark of the beast" in the Bible.
