Do You Know the Potentially Devastating Differences Between CBDCs and Stablecoins?

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Although often confused and similar in function, there are drastic differences between Central Bank Digital Currencies (CBDC) and Stablecoins.  In spite of both aiming to combine the convenience of digital payments with the stability of traditional fiat money, they have fundamental differences in issuer, backing, governance, and use cases. A CBDC is Fiat Legal Tender… […]

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Sacrificing Truth

Media Censorship-Sacrificing Truth

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Unfortunately, in Germany, and at least sporadically in the United States, “truth” is whatever the government proclaims. “Disinformation” is whatever contradicts the latest government pronouncements.
Last Sunday, 60 Minutes featured tyrannical German prosecutors boasting about persecuting private citizens who made comments that officialdom disapproved. Three prosecutors explained how the government was entitled to launch pre-dawn raids and lock up individuals who criticized politicians, complained about immigrant crime waves, or otherwise crossed the latest revised boundary lines of acceptable thoughts.

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Income Inequality

Income Inequality Misconceptions in the U.S.

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Income inequality is frequently portrayed as a fundamental problem in the United States that erodes social cohesion and economic mobility. Media outlets and advocacy groups regularly highlight narratives of stagnant incomes and an ever-widening gap between rich and poor. However, closer examination of income data reveals that these depictions are hyperbolic, if not outright misleading. When we delve into the research, a more nuanced picture emerges—one that refutes many of the popular misconceptions about inequality and its implications for American society.

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NYSE ROC 2-1-25

February Market Update- NYSE, NASDAQ and Crypto

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Unusual things move the market. Lately, FED announcements have been responsible for moving the market, but at its January 28-29 meeting, the FED didn’t have much to say, i.e., they kept rates steady, so the market was relatively stable. The one telling comment from FED Chairman Jerome Powell at this meeting was his shift in how he spoke about Crypto. He seemed to be opening the door for banks to custody Bitcoin.

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Uncle Sam Cranking out Dollars

The Real Effects of Cutting Government Waste

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Almost no one believes that government waste is a good thing. But the devil is in the details when it comes to deciding what actually constitutes “waste”.  Suddenly, no one wants their pet project cut. The  Government Accountability Office (GAO) lists thirty-seven government programs that are considered highly vulnerable to fraud, waste, abuse, and mismanagement.

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