Above Photo: Raise Up / Fight for $15 and a Union. Employees of the national chain are protesting for better pay and protections on the job. Dollar General workers from across the country will be rallying at Peay Park on May 25 near its headquarters in Goodlettsville, Tennessee, during the company’s 2022 annual shareholders’ meeting. After years of being ignored, Dollar General workers are making their voices heard—by the retail chain’s executives, shareholders, and the public. Mary Gundel, thirty-three, started working as a store manager at a Dollar General store in Albany, Georgia, in February 2019. After working there for a year, […]
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Brazil’s left-wing leader Lula da Silva says if he wins the 2022 presidential elections, “we are going to create a currency in Latin America,” called the Sur (“South”), to combat “the dependency on the dollar”. Brazil’s left-wing leader Lula da Silva has proposed creating a pan-Latin American currency, in order to “be freed of the dollar.” A founder of Brazil’s Workers’ Party, Lula served as president for two terms, from 2003 to 2011. He is now the leading candidate as Brazil’s October 2022 presidential elections approach. If he returns to the presidency, “We are going to create a currency in Latin […]
It is now clear that today’s escalation of the New Cold War was planned over a year ago, with serious strategy associated with America’s plan to block Nord Stream 2 as part of its aim of blocking Western Europe (“NATO”) from seeking prosperity by mutual trade and investment with China and Russia. As President Biden and U.S. national-security reports announced, China was seen as the major enemy. Despite China’s helpful role in enabling corporate America to drive down labor’s wage rates by de-industrializing the U.S. economy in favor of Chinese industrialization, China’s growth was recognized as posing the Ultimate Terror: prosperity […]
Due To Rise Of Chinese Yuan, Sanctions On Russia. The US-dominated International Monetary Fund (IMF) has acknowledged that the hegemony of the dollar is in noticeable decline. At the same time, the Chinese currency, the yuan or renminbi, is slowly growing in influence, along with other currencies, according to the IMF. In 2000, roughly 70% of global foreign exchange reserves were held in US dollars. As of 2021, that figure had fallen to just under 60%. Meanwhile, the IMF noted that there is a rise in “nontraditional currencies” from smaller countries being held in international reserves. The United States has veto […]
On Wednesday, March 23, 2022, the United States announced that it would freeze Russia’s access to its gold. Russia has the fifth highest amount of gold in the world. Economist Michael Hudson explains that this action, which follows the US seizing Venezuela and Afghanistan’s gold and assets, has effectively ended dollar hegemony, which has been in decline in recent years, and the free ride that the US has enjoyed abroad. Hudson states that we are now in uncharted territory as nothing like this has occurred in modern history. Sanctions on Russia are driving a shortage of fertilizer, which will lower food […]
Above Photo: Peter Dazeley / Getty Images. The remarks come in the face of increasing Western pressure. Amid a worsening stand-off between East and West, Russia and China are increasingly contemplating using their own currencies in mutual settlements and finding ways to work together to counter sanctions, Moscow’s envoy in Beijing has disclosed. Speaking as part of an appearance on YouTube channel Soloviev Live on Wednesday, Andrey Denisov weighed in on the impact of embargoes imposed by Western nations on ties between the two nations. “The fact that these sanctions have a negative impact on some aspects of our relations is […]
Above Photo: Barry Lewis/InPictures Via Getty Images With Little National Attention, A Connecticut Dollar General Store Could Soon Help Unions Crack A Vital Low-Wage Industry. In less than two weeks, a tiny group of a half dozen workers in Barkhamsted, Connecticut will vote on whether to become the only unionized Dollar General store employees in America. These six people in a small town about 20 miles northwest of Hartford now find themselves positioned to gain a historic toehold for organized labor inside a booming, low-wage industry. But it will not be easy. Few companies have prospered since the beginning of the pandemic as much as Dollar General. The company […]
Stock markets tanked as US President Donald Trump abandoned stimulus talks until after the election. Trump is now in the process of out-Democrating the Democrats on the stimulus issue, economist Peter Schiff says. The Republicans lost the argument the moment they conceded that stimulus is “good” for the economy, Schiff believes. “The Fed has already said they’re not printing more money until the government sells more bonds. In other words, the Fed is on hold with additional monetary stimulus until Congress comes through with additional fiscal stimulus so that the Fed has more bonds to monetize.” He explained that after the […]
The proposal games out CBDC scenarios for fundamentally different potential digital currency end users. Source link
A growing number of economists and analysts – and even the Wall Street firm Goldman Sachs – have speculated this year that the U.S. dollar might be on the cusp of losing its status as the dominant reserve currency for central banks around the world. That possibility has helped to support this year’s 50% increase in prices for bitcoin, seen by many cryptocurrency investors as a hedge against a dollar devaluation. But CoinDesk’s Omkar Godbole reported Tuesday that, according to one prominent foreign-exchange analyst, the dollar’s value could decline significantly even if the U.S. currency keeps its majority share of global […]
Bitcoin is unlikely to replace the greenback as a global reserve currency any time soon, according to one of the most highly regarded analysts in foreign exchange. “Backing the dollar is the world’s biggest, deepest and the most transparent government bond market,” Marc Chandler, chief market strategist at Bannockburn Global Forex and author of the book “Making Sense of the Dollar,” told CoinDesk in a video chat on Wednesday. “I just don’t know how bitcoin can replace the greenback from that viewpoint.” A global reserve currency is the one that facilitates cross-border trade, including investments and international debt obligations. Global central […]
The US currency was “the mirror image” of precious metals, such as gold and silver, as well as equities in the third quarter of this year, according to veteran stockbroker Peter Schiff. He pointed out in his podcast that the greenback was up on the month in September, but down on the quarter. The dollar index gained nearly two percent in September but ended down just over 3.5 percent on the quarter, Schiff said. The CEO of the Euro Pacific Capital projected that “there could be a lot of fireworks in the fourth quarter,” explaining: “I think it can be a […]
https://cdn1.img.sputniknews.com/i/logo-itemprop.png Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202010021080637847-dollar-yen-jump-after-trump-tests-positive-for-covid-19/ US President Donald Trump said on Friday that he and his wife, Melania Trump, had tested positive for COVID-19. The US dollar has jumped and the yen hit its peak level of the week amid reports that Donald Trump has tested positive for COVID-19 and entered quarantine. DETAILS TO FOLLOW Source link
MakerDAO has voted not to compensate victims of the “Black Thursday” flash crash, a former Pantera partner is launching a new crypto-focused hedge fund and bitcoin may be headed to the doldrums as the U.S. dollar rises. Top shelf Decentralized governanceMakerDAO will not compensate victims of March 12’s “Black Thursday” flash crash that left some of the decentralized finance (DeFi) platform’s investors out $8.33 million, according to a vote that closed Tuesday. Large MKR holders dominated the vote as only 38 unique votes (8.74% of MKR holders) were cast, CoinDesk’s Will Foxley reports. In March, market making bots exploited a flaw and were […]
Next year will be brutal for the US currency, according to Yale University senior fellow Stephen Roach. He said that his “seemingly crazed idea” that the dollar will crash shouldn’t seem so crazy anymore. “We’ve got data that’s confirmed both the saving and current account dynamic in a much more dramatic fashion than even I was looking for,” Roach told CNBC. According to him, “The current account deficit in the United States, which is the broadest measure of our international imbalance with the rest of the world, suffered a record deterioration in the second quarter.” He added that “The so-called net-national […]
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
Last month, a Bloomberg analysis said that the Fed’s decision to reduce interest rates to rock bottom levels helped wipe out the dollar’s advantage against the euro and the yuan, the currency sliding to its lowest valuation in 27 months while Congress is stuck in gridlock on a stimulus bill aimed at reducing the economic fallout from COVID-19. The US dollar could drop by up to 36 percent against the euro in the coming year or so, Ulf Lindahl, chief investment officer at A.G. Bisset, a hedge fund specializing in currency management, predicts. Speaking to Reuters, the finance specialist said that […]
Sputnik (New Delhi): To maintain stability, India’s banking regulator, the Reserve Bank of India (RBI), has pumped an additional $127 billion into the financial market as a result of the ongoing COVID-19 pandemic. At present, the RBI has foreign exchange reserves said to be worth an estimated $538 billion. When the Board of India’s apex bank, RBI, met earlier this month, it had a prominent agenda, even though officially the meeting was convened to approve a dividend of $7.6 billion to the Indian government. The board discussed a phenomenal rise in the foreign exchange reserves held by banking regulator Reserve Bank […]
Veteran stockbroker Peter Schiff has warned once again that the US currency is doomed and the world will eventually lose confidence in it, which he says should have happened a long time ago. In the latest episode of Boom Bust, Schiff discussed the fate of the US-China trade deal. The investor said he believes that there will be no second-phase agreement, and noted that Beijing still has leverage over Washington, especially ahead of the elections. “The real problem is going to be when the Chinese stop buying our bonds or start selling our bonds,” he said, adding that the process might […]
600 Million Dollar Settlement In Flint Water Case By Amanda Mills, Nation of Change. August 21, 2020 600 Million Dollar Settlement In Flint Water Case2020-08-212020-08-21https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/08/flintwaterplant2-e1598030129116.jpg200px200px “If money is how government expresses sorrow for its crimes — this is a big apology.” The state of Michigan has reached a settlement agreeing to pay $600 million to the victims of the Flint water crisis. Most of this money will be allocated to children in the city who were exposed to lead-contaminated water in their household pipes. The details of this settlement will be officially announced on Friday, but according to EcoWatch, it is expected […]
The bitcoin price could pull back even further should the dollar stage a full-blown recovery on the back of the latest Fed meeting. Source link
The scale of money printing in the United States is unprecedented, says veteran stockbroker Peter Schiff. The deficits are “through the roof and the government is spending more money than ever before.” Schiff, who is CEO of Euro Pacific Capital, told the MoneyShow that more than 60 cents out of every dollar the government is spending is being printed. So, the Federal Reserve is printing more money for the government to spend than the US government is collecting in taxes. “The myth is that the US economy was strong before Covid. It wasn’t strong at all; it was the weakest it […]
PRICE POINT Bitcoin (BTC) was flat after jumping on Monday to a new 2020 high above $12,400. Analysts are now speculating whether the largest cryptocurrency can hold the higher ground. The latest move up came on high volume, and it was a “convincing break,” Denis Vinokourov, head of research for the crypto prime broker BeQuant, told CoinDesk. Monday’s high was just 11% off the 2019 peak of $13,880. You’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every […]
One of the realest people in financial media joins for a conversation about where the economy really is and where it’s headed. Our main conversation is with Hedgeye CEO Keith McCullough. Before building Hedgeye into a “no-excuses provider of real-time investment research and a premier online financial media company,” Keith worked at hedge funds including Carlyle Blue Wave Partners hedge fund, Magnetar Capital, Falconhenge Partners and Dawson Herman Capital Management. In this conversation, he and NLW discuss: Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set […]
Publicly traded business intelligence company MicroStrategy said it will invest $250 million of its excess cash in bitcoin, gold and other “alternative assets” over the next 12 months as a hedge against U.S. dollar (USD) inflation. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
After suffering its worst monthly fall in about a decade, the US currency has started August with a bounce. However, analysts predict further weakness in the greenback. “We expect the currency to be undermined by an ebbing of safe-haven flows, a reduction in the US rate advantage, and political uncertainty ahead of the November presidential election,” UBS analysts wrote last week. The ICE US Dollar Index, which measures the dollar against a basket of six major rivals, plunged 4.2 percent in July – its biggest one-month decline since September 2010, data showed. The index was trading up on Tuesday at around 93.69, […]
Gold continued its rally amid global pandemic uncertainty, with prices hitting new records to start the week. The price of metal for immediate delivery closed in on $2,000 an ounce. Spot gold rose as much as 0.6 percent on Monday to $1,988.40 an ounce, while most-active futures traded as high as $2,009.50 on the Comex. Bullion had its biggest monthly gain since 2012, soaring 11 percent in June as investors weighed a weaker dollar and record-low US real yields. “The fall in US 10-year real yields was the most important driver in our view, given the strong inverse relationship,” said Vivek […]
The dollar on Thursday dropped to its lowest level since May 2018 as the Federal Reserve said it plans to keep interest rates close to zero, and inflation hedges continue to show strength. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing” explains how modern money creation and quantitative easing work, and advocates “helicopter money” to help economies out of recession. There’s a widespread belief that the exorbitant quantity of money the Federal Reserve is pouring into the U.S. economy must eventually mean the return of high inflation. After all, if there’s lots more money but no more stuff to buy, prices must rise, mustn’t they? So the prospect of Judy Shelton – known for her support of the gold […]
The US dollar’s status as the dominant global currency is at risk of being eroded because of mounting government debt, according to Zhu Min, former senior executive with the International Monetary Fund (IMF). His warning comes as the United States is expected to double down on its fiscal stimulus measures to soothe the economic fallout from the Covid-19 pandemic. Congress is considering a new round of relief that is likely to cost at least $1 trillion on top of the more than $2 trillion passed earlier this year. With the US Federal Reserve continuing its aggressive monetary policy of quantitative easing, […]
The idea of a U.S. digital dollar is no longer a fringe novelty. Now, it may be a means to an end. The U.S. Senate Banking, Housing and Urban Affairs Subcommittee on Economic Policy conducted a hearing on “Winning the Economic Competition” between China and the U.S. on Wednesday. Once again, the idea of a Federal Reserve-administered central bank digital currency reared its head. Much of the hearing was about America’s economic relationship with China, and both nations’ economic relationships with the rest of the world. Four of the five speakers had no close ties to the crypto space, and discussed […]
As the world grapples with Covid-19, precious metals’ prices are pushing higher. Massive moves in gold and silver are coming, according to veteran stockbroker Peter Schiff. He says silver may hit $50 per ounce. The rally will be short-lived, however, with Schiff describing the metal as “the new bitcoin.” The rise in gold and silver price is “about to explode” and this is just the beginning of a much bigger move, according to Schiff. “We’re barely getting started,” the CEO of Euro Pacific said in his podcast. He explained that is also coinciding with what’s happening to the US dollar, because […]
Finance writer Jon Turek argues that between Federal Reserve swap lines, Europe stabilization and a few other factors, the strong dollar problem may be (temporarily) solved. In this conversation, he and NLW discuss: Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
The Caribbean island nation first opened the door to the redollarization of the economy in late 2019, rolling back a 15-year-old policy established by Fidel Castro in 2004 to stop accepting the US currency as payment in some stores amid the intensification of banking sanctions pressure by Washington. Cuba has moved to repeal a 10 percent tax on payments in US dollars, and broadened the variety of goods which can be bought with the US currency in an effort to improve the economic situation in the country, Granma has reported. The measure, set to step into force on July 20, is […]
Patrick Murck is chief legal officer at Transparent Systems, developers of distributed settlement solutions, and an affiliate at Harvard’s Berkman Klein Center. Linda Jeng is global head of policy and special counsel at Transparent Systems and a senior fellow at Georgetown’s Institute of International Economic Law. Digital dollars can be designed in any number of ways, and these design choices will have profound implications for the people who use them. Congress should carefully consider why we need a digital dollar and what should be the core objectives. Is the goal of a digital dollar simply to make payments more efficient, or […]
A reading of a piece by a Yale professor and former head of Morgan Stanley Asia arguing the U.S. dollar’s status is changing rapidly. Americans have been squandering their savings potential Because of this, we are forced to borrow surplus savings from abroad We have usually been able to do this on favorable terms That window may be coming to a close There could be a 35% drop in the dollar over the next two to three years Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict […]
Washington is threatening to impose secondary sanctions on Chinese financial institutions servicing people on the US sanctions list and considering delisting Chinese companies from US exchanges. Meanwhile, China has been providing for the growth in demand for the American currency for many years, and financial wars are now disadvantageous to any country, experts say. As Michael Howell, head of CrossBorder Capital research group writes in his column to the FT, foreign governments sold $500 billion worth of US government bonds in the second quarter, with China dropping a third of all securities. Since its accession to the WTO, China has pushed […]
Bitcoiners, already rocked by this year’s coronavirus-inflicted turbulence, face a fresh source of volatility as the market heads into the second half of 2020: the U.S. presidential elections. According to Deutsche Bank, Germany’s biggest lender, a reelection victory by President Donald Trump could threaten the U.S. dollar’s century-long reign as the world’s de facto reserve currency. You’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t […]
Not every U.S. lawmaker is on board with the idea of a central bank digital currency (CBDC) or digital dollar, but no one explicitly rejected it during a hearing of the powerful Senate Banking Committee Tuesday. That’s probably the biggest takeaway from Tuesday’s hearing, where the panel heard from former regulator turned CBDC evangelist Chris Giancarlo, Paxos CEO Charles Cascarilla and Duke Law professor Nakita Cuttino as expert witnesses. The lawmakers present asked questions about financial inclusion, including what potential regulations or laws might make digitization easier and more accessible to the unbanked. “The U.S. needs a digital dollar,” said Senator […]
Byrne Hobart, a CoinDesk columnist, is an investor, consultant and writer in New York. His newsletter, The Diff (diff.substack.com), covers inflection points in finance and technology. The most optimistic bitcoin investors are hodling out for one thing: the rapturous bitcoin rally known as “hyperbitcoinization.” The hyperbitcoinization thesis goes like this: Every saver in the world – individuals, companies, financial institutions, central banks – needs to own assets that maintain their purchasing power. If an asset, or the currency it’s denominated in, starts to lose purchasing power, this can set off a cascade of selling. And selling one currency means buying another. […]
The US dollar could potentially weaken against other currencies, including the Chinese yuan, if there is a resurgence of COVID-19 cases, according to Deutsche Bank’s chief Asia macro strategist. During the Monday broadcast of CNBC’s “Street Signs,” Deutsche Bank’s Sameer Goel explained that currency markets are currently dealing with “multiple cross-currents” over fears of a second COVID-19 wave. Goel’s comments come after more than 30,000 new COVID-19 cases were reported in the US over the weekend, CNBC reported. In addition, there has been a surge of infections in the Chinese capital of Beijing in recent weeks; more than 200 COVID-19 cases […]
The currency markets are currently facing “multiple cross-currents” on rising global concerns over a potential second wave of Covid-19, said Deutsche Bank’s chief Asia macro strategist Sameer Goel. According to him, the “big question” for investors right now is whether the US dollar should be trading at a safe-haven risk premium. Goel told CNBC that since March investors have been favoring the greenback over its peers in the Group of 10 countries, in part due to “emergency dollar demand” as the world went into a synchronized shutdown to stop the spread of the pandemic. As investors typically flock to the US […]
While the coronavirus pandemic may become the last nail in the coffin of the US dollar’s status as the primary reserve currency, the seeds of its inevitable decline were sown long ago, a former Morgan Stanley economist believes. The greenback is set to decline due to a shortfall in domestic US savings and a massive budget deficit, according to Stephen Roach. “The US economy has been afflicted with some significant macro imbalances for a long time, namely a very low domestic savings rate and a chronic current account deficit,” Roach, who is also a Yale University senior fellow, told CNBC. Also on […]
Currently just a flashy idea, the digital dollar is competing with more prosaic but proven 20th-century methods for the job of getting stimulus funds to every U.S. resident. That’s the takeaway from Thursday’s House Financial Services Committee (FSC) hearing, where witnesses advocated different solutions to the problem. Making the case for an electronic greenback was J. Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), now a director with the Digital Dollar Project. As he has in the past, he argued tokenization is a way to future-proof the dollar. Other countries, including China, are working to digitize their currencies, […]
For the first time since the U.S. went on lockdown three months ago, lawmakers will convene Thursday to discuss digital currencies and other novel technologies. The House Financial Services Committee (FSC) Task Force on Financial Technology will be evaluating how FedAccounts and other digital tools might help the federal government distribute stimulus payments to help Americans suffering the economic fallout of COVID-19. The virtual hearing kicks off at noon Eastern (16:00 UTC). The concept of using FedAccounts to manage digital currencies has gained traction during the pandemic: bills introduced to the committee have suggested using bank accounts managed by the Federal […]
New Delhi (Sputnik): The death of African American George Floyd who was pinned down and suffocated by a white US cop has triggered countrywide protests in support of the “Black Lives Matter” movement against racism and police brutality, leading to violence and riots. Former West Indies captain Darren Sammy has released a video to reveal that he suffered from racism during a cricket match in India, in an incident which is said to have occurred at the Indian Premier League’s Sunrisers Hyderabad franchise. In an Instagram post, Sammy alleged that he along with Sri Lankan player Thisara Perera were called “Kalu”, […]
The Digital Dollar Project is proposing a framework for the creation of a U.S. central bank digital currency (CBDC). The group published its first white paper Friday, detailing the need for a tokenized version of the U.S. dollar and some potential avenues for building this system. A digital dollar could help the U.S. maintain the dollar’s status as the world’s reserve currency while serving a broader array of individuals and entities than the current financial system, the paper says. The group is helmed by former U.S. Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo, Gattaca Horizons CEO and former CFTC Chief […]
A macro expert joins to discuss why the U.S. dollar and economy are more broadly poised to suck the liquidity from the entire global economy. You know the meme: Money printer go brrr. It means inflation right? Not necessarily, says Brent Johnson. Since 2016-2017, Johnson has been arguing the big economic issue of our time isn’t inflation of the U.S. dollar due to excess money printing, but the havoc caused by a global system where the dollar keeps getting stronger and sucks up liquidity from the rest of the world. As the dollar has strengthened over the COVID-19 crisis, his ideas […]
Despite the specter of inflation from money printing, the dollar has gained strength. Here’s why that’s a problem – for everyone. The dollar has a unique role in the world due to its reserve currency status. For many years that status has created incredible opportunities for the U.S. Increasingly, however, some are wondering if the global standard has outlived its usefulness – not only for the world but for the U.S., too. In this illuminating conversation, one of FinTwit’s brightest minds, Lyn Alden, shares her perspective on: Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that […]
Telegram has been forced to abandon its cryptocurrency initiative, with its founder Pavel Durov blasting the US for seeking to crush any attempt at decentralization in order to maintain its global financial dominance. Telegram founder and St. Petersburg native Pavel Durov announced the move in a post to his own Telegram channel on Tuesday, stating the crypto project – the Telegram Open Network (TON) and its currency, known as “Grams” – would have to be shut down. “Unfortunately, a US court stopped TON from happening,” Durov said, adding that the court ruled “people should not be allowed to buy or sell […]
Could the dollar be replaced by a single new, dominant currency like China’s DCEP, or is a multipolar currency world more likely? Presented in documentary podcast and full transcript formats below. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS. “Some of the greatest theorists about money…thought it better to be multiple competing currencies rather than a single global standards, and there were plenty of periods in history where that was the case. Standardization of money came relatively late to the […]
According to NewsOne, Calvin James Munerlyn, a 43-year-old married father of nine, was working at a Family Dollar in Flint, Michigan, on Friday. During his shift, he asked a female customer to cover her face with a mask while inside the store. Michigan Gov. Gretchen Whitmer’s Executive Order says that “everyone must wear a mask in all enclosed public spaces to halt the spread of COVID-19.” Read the rest here. Source link