One Man’s Opinion: Is it Tuesday? Time for another Banking scandal

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By Simon Black Another day, another major banking scandal. It’s getting to the point where you can practically set your watch to these things. The latest involves our old friend Wells Fargo. The Wall Street Journal reported last night that Wells has been screwing its customers on foreign currency exchange rates. According to the Journal, Wells Fargo conducted an internal …

One Man’s Opinion: Why Decentralized Trade On The Blockchain Is The Future

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By ZeroHedge  Thanks to the buzz surrounding Bitcoin and blockchain, decentralization as an approach to services is now also being brought to mainstream discussions. Bitcoin was built as a decentralized currency in the aftermath of the great recession. It was a reaction to the control centralized authorities such as banks have over people’s financial activities. When banks failed, so did …

One Man’s Opinion: How Uncle Sam Inflates Away Your Life

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Authored by MN Gordon via EconomicPrism.com, “Inflation is always and everywhere a monetary phenomenon,” once remarked economist and Nobel Prize recipient Milton Friedman.  He likely meant that inflation is the more rapid increase in the supply of money relative to the output of goods and services which money is traded for. As more and more money is issued relative to …

One Man’s Opinion: The Economy Is Okay?! U.S. Retail Store Closings Hit New Record High As West Coast Homelessness Soars

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By Michael Snyder If the U.S. economy is doing just fine, why have we already shattered the all-time record for retail store closings in a single year?  Whenever I write about our “retail apocalypse”, many try to counter my arguments by pointing out the growing dominance of Amazon.  And I certainly can’t deny that online shopping is on the rise, but it …