money

$325 billion was given to states and local governments to help cover costs stemming from the effects of the Covid-19 pandemic, and less than half of that has been spent. A new law from the Department of the Treasury allows states and local governments to spend that money on essentially anything.

CBDC is bad because it can monitor and control financial transactions and can impose negative interest rates (a monetary policy tool that charges banks to store their cash at the central bank, instead of earning interest income). CBDC can impose a direct tax on accounts.

Republicans withheld money to Ukraine, and the military industrial complex (MIC), by demanding restrictions at the US - Mexico border. Democrats have refused to stop mass immigration. Biden, Lloyd Austin and Antony Blinken, representing the MIC, are now threatening to use US troops to fight in foreign wars.

The IMF wrote that CBDC could be “programmable.” and authorities “could restrict where or when it could be spent.” The handbook also recommends “user identification and transaction tracking.”

Bankman-Fried personally gave $40 million to politicians and political-action committees ahead of the 2022 midterm elections, mostly to Democrats and liberal-leaning groups. Ryan Salame, another top FTX executive, donated more than $23 million, mainly to Republicans and conservative groups.

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". . . but how do I make money from this information, James?" is a question I receive from time to time. Or, more charitably, "Given the conspiracy reality, how do I invest for my retirement?" That's a better question, but still, it depends on what we mean by investment, and what it is we're looking to achieve in the long run. No, I'm not an investment advisor and won't give you the latest hot stock tip, but I do have some things to say about this topic.

US banks closed over 3,000 branches last year while opening just 1,000. A total of 54 bank branches had either closed or were scheduled to close between October 1 and October 7.

A coin shop owner in Ohio reported that he and his family had their accounts closed. He said that he knew three other coins shop owners who also had their accounts shut down. Dave, a coin shop owner in Nebraska, advised people to have multiple bank accounts and set up foreign accounts if possible.

🚨🚨🚨Prime minister of Hungary, Viktor Orban 🇭🇺 knows, George Soros well : “I know @georgesoros very well, he is my opponent!! He has an ARMY at his service, MONEY, #NGO’s, Universities, research institutions and he OWNS half the bureaucrats in BRUSSELS!!” “He uses this army… pic.twitter.com/RcgZXZzd3P — Kevin – WE THE PEOPLE❤️ – DAD🦁 🐉 […]