Critics have repeatedly said that this circular form of fiscal finance – in which one arm of government, the central bank, creates in principle the money needed to finance the government arm that taxes and expenditures – would be disproportionate. leading to a spiral of inflation, a spike in interest …
Read More »Monthly Archives: August 2020
US will ‘hit’ Russia ‘as hard as bounties reported as proven
President Trump on Thursday promised to “hit Russia” as hard as you could spin his head “if it is proven that the Russian government is paying fines for killing American troops in Afghanistan. Trump and his aides often say the accusation, reported in June, was not confirmed by intelligence agencies. …
Read More »Mayo Clinic farm program officials surprised by federal action
The article claimed that seniors in the Department of Health and Human Services – including NIH Director of Health (NIH) Dr. Francis S. Collins and National Institutes of Allergy and Infectious Diseases (NIAID) Director Dr. Anthony S. Fauci – intervened last week to persuade the FDA to delay an emergency …
Read More »Alibaba investors trade US shares for Hong Kong amid crackdown
(Bloomberg) – Several of Alibaba Group Holding’s largest investors have converted billions of dollars into U.S. stocks in part in Hong Kong in part to avoid potential U.S. sanctions and de-listings of major Chinese technology companies. Temasek Group Holdings Pte., Baillie Gifford & Co., and Matthews Asia are one of …
Read More »‘Scarlet E’: Expulsion in the US could be a life sentence | Coronavirus Pandemic News
Sandi Bachom, 75, never expected to be fired. They once earned a six-figure salary at a New York City advertising agency and lived a comfortable life. But after she divorced, lost her job and was hit by a car, she fell behind on her $ 3,000 monthly rent. In April …
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