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money

Posted on in Politics

No Good Deed Goes Unpunished

You’re more than likely familiar with Aesop’s brief fable of a mouse and a lion. If you’ve lived under a rock your whole life I’ll bring you up to speed: A mouse convinces a lion to spare his life in exchange for the promise of a future favor. Cue the future. The lion finds himself trapped in a hunter’s net and the mouse responds to his roar and saves him from the net. It’s a quaint story with a timeless message, that is, a kindness is never wasted. It’s a nice thought but we don’t live in a fable, we… Keep Reading

Posted on in News

DNC Funds Drying Up As Donors Refuse To Hand Over Cash

It’s undoubtedly been a difficult year for Democrats. A year ago now, the party was preparing to stomp Republican presidential candidate Donald Trump in the general election. His locker room talk about women, insulting remarks, and brash demeanor were all supposed to sink him. But the moment came when America refused to subscribe to identity politics and political correctness, and Donald Trump unexpectedly became President. Democrats were faced with an identity crisis and a need to rebuild. Instead, the blame game began. Crying about everyone from the evil Russians to the corrupt James Comey commenced rather than introspection. The talk… Keep Reading

Posted on in Economics

The Next Generation of Currency Wars: Private vs. State-Backed Crypto

Recently, Russia announced that it will be unleashing a CryptoRuble, just a week after Vladimir Putin strongly criticized Bitcoin and other private cryptocurrencies.  When announcing the move, Minister of Communications Nikolay Nikiforov acknowledged that it was in part inspired by the aim of getting ahead of other governments: I confidently declare that we run CryptoRuble for one simple reason: if we do not, then after two months our neighbors in the EurAsEC will. In doing so, Russia is following the lead of another country that too has become hostile to private crypto, China. Last July, the People’s Bank of China became the first central… Keep Reading

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