money

Michael Burry, the investor who predicted the 2008 housing crash and was the subject of the "Big Short" movie, has bet more than $1.6 billion on a Wall Street crash.

Governments and banks can use people's access to their money to control them. Australia plans payment reforms that include a digital ID that can be tracked. Australia also plans a central bank digital currency (CBDC).

The Bank of Russia has been designated as the sole operator of the digital ruble platform. The Central Bank will be responsible for all aspects of “Russia’s” CBDC, including functionality, safety, and “the correct accounting” of transactions that opens the door to totalitarian control.

What is the new role for the Kingdom of Saudi Arabia and China, and is this the end of the Dollar? Will the new economic system be built on the ashes of World War 3, or do we still have time to rewrite the script for how this whole thing turns out? James Corbett has some thoughts, and he’s not going to sugarcoat it any longer.

Alabama unanimously passed a new law that prohibits government agencies in the state from accepting CBDC as payment, and it bars the state from participating in any testing of a central bank digital currency CBDC by the Federal Reserve.

A recent poll by the Cato Institute found that 34% of poll participants oppose the Federal Reserve offering a government-issued digital currency, called a ‘central bank digital currency’ (CBDC), while only 16% support it.

The “primary driver” of deposit flight came from uninsured deposits, says the FDIC, as people moved to protect capital that is above the $250,000 FDIC insured maximum.

Financial Crisis Blame Game The Ochelli Effect 6-5-2023 Tony Viola Financial Crisis Blame Game The Ochelli Effect 6-5-2023 Tony Viola Remember the 2008 Mortgage Mess? Tonight we meet a guy who was wrongly accused and convicted regarding the 2008 housing disaster. Tony Viola, founder, and Chief Executive Officer of Cleveland-based Realty Corporation [...]
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Cash gives people autonomy. It allows them to be independent of others, Griddin waened against a cashless society and said, “We will not survive the system by figuring out how to hide from it,” and added, “Our lives and our freedom are at stake here."

Critics say the worst part of the “Fiscal Responsibility Act” is the funding for nearly 87,000 new IRS agents hired by the Biden regime that will target working-class Americans and conservative groups. The so-called “Inflation Reduction Act” previously gave $79.6 billion to the IRS over the next 10 years.