"As soon as this news came out, all the old people near me went crazy panic buying in the supermarket."

Milton Friedman points out the remarkable degree of cooperation between people from many different countries, who’ve never even met, to make what appears to be a very simple product – a pencil. The free market encourages cooperation between strangers. And the end result is that we all benefit – in this case, by having pencils to use. Check out ...

The newly passed measure includes $110 billion for roads and bridges, $65 billion to equip all Americans with broadband internet, $1 billion for the Great Lakes and much more.

John Titus is a lawyer and YouTuber. His YouTube channel is called Best Evidence (https://www.youtube.com/channel/UCLvRDyn_rVvZ7RRwdcEiJGw) and focuses mainly on the central banking system. John cha...

October 04, 2021 -- META1, a multi-asset-backed, self appreciating stablecoin, is scheduled for listing on multiple CEXs (centralized exchanges) in the coming weeks.

...bitcoin is now bigger than Tesla...

Discord to launch support for MetaMask and WalletConnect integrations https://t.co/dSMXjcg7rg

@packyM @mariogabriele @discord probably nothing

archived 1 Oct 2021 08:36:22 UTC

The nation’s government is actively consulting with the private sector on the merits of Bitcoin and crypto...

"With the Rolls-Royce SMR technology, we have developed a clean energy solution..."

France joins the U.K., Japan and China in making extremely positive comments for nuclear. It's great news for uranium bulls.

/PRNewswire/ -- China Evergrande Group today again defaulted on interest payments to international investors. DMSA itself is invested in these bonds and has...

After months of speculation and grace periods and no-comments from Evergrande and the big banks, it seems that the world's most indebted developer has finally officially defaulted. German research firm DMSA bought the bonds themselves to prove it and now they're hauling Evergrande into bankruptcy court! Despite the absolute silence from the ma...

Evergrande could have started the next great finacial crisis https://www.bloomberg.com/news/articles/2021-11-09/china-property-stress-triggers-fed-warning-as-bond-losses-spread https://youtu.be/5BIQYlB1mEA uneducatedeconomist.com uneducatedeconomist@gmail.com real mail P.O. 731 Astoria , OR 97103 Instagram uneducated.economist patreon ...

SHANGHAI, Nov 10 — Some bondholders of cash-strapped China Evergrande Group have not received coupon payments by the end of 30-day grace periods at close of Asia business today, sources said, pushing the developer again to the edge of default. Evergrande, the world’s most indebted developer...

Evergrande Makes Another Last Minute Interest Payment After Selling Private Jets, Pledging Chairman's Mansions https://t.co/VL1cw7tnc2

Tyson, the largest meat producer in the United States, is about to increase prices for chicken, beef and pork. For over a year, the company refrained from raising their prices, even as inflation [...]

JUST IN - Turkish Lira in freefall, now at above 11 to 1 US$.

And the Turkish lira resumes collapsing, USDTRY 11.26

Global Inflation Rates...

A new study by Michael Novogratz’s Galaxy Digital shows that the gold and banking industries consume much more energy than the entire Bitcoin network.

@DavidBCollum

Fuck! FUCK!!!!

Ah yes ± 25ml, thank you WD40 #shrinkflation

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Verschwörungsgläubige halten die Coronapandemie für erfunden – und das Weltwirtschaftsforum für den Urheber der angeblichen Inszenierung. Nun hat der Hass aus dem Netz reale Folgen.

ERDOGAN: MY THESIS ON INFLATION AND INTEREST RATES UNCHANGED And.... USDTRY 20

Turkey’s Erdogan Says He Will Never Advocate for Rate Hike: AA “Interest rates are the reason, inflation is the result. My argument hasn’t changed, I still defend it, believe in it”

People ask what is the context? I don't think there is any particular food shortage right now. However, in #CCPChina, 40 million were starved to death. Ppl have deep memory & fear of hunger and poverty. Ppl no longer have shame. So when free food is offered, they fight like this.

I understand why many people are concerned about the current very high inflation rates, says @Isabel_Schnabel to @morgenmagazin. We expect inflation to gradually decline towards our 2% inflation target over the coming year. 1/3

...from a larger perspective the most exciting aspect of the bond is that it proves there’s a way for countries to get funding without having to grovel to the IMF or the World Bank.

Transcript: https://www.federalreserve.gov/newsevents/speech/powell20211129a.htm The Federal Reserve System is the central bank of the United States. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, the public interest. The Federal Reserve conducts the nation’s monetary policy to p...