A New, No-Hassle Way to Own Gold on the Blockchain I didn’t know what to do with the roosters. I have several of them. They’re sitting in a velvety purple, Crown Royal pouch in a safe deposit box at a bank in Louisiana. Should I have brought them to Prague? I don’t know. I was hesitant about crossing [Read More] …
The Fed Issues a Clear Warning…But Will Anyone Listen?
You know those pharmaceutical TV commercials that end with unexpected, eye-opening warnings like “May cause brain melting, jungle rot, and halitosis if taken on a day that ends in a Y?” Well, let me introduce you to the Federal Reserve’s latest Financial Stability Report… …in some markets, prices are high compared with expected cash flows. [Read More] …
Weekly Digest: Inflation Forces Big Changes to the Tax Brackets
Plus How I Plan to Make Money By Renting Out a Dragon Welcome to your Sunday digest…my weekly breakdown of the things we’re thinking about and talking about in the Global Intelligence world. First up this week, the IRS just undermined the Federal Reserve’s bogus claims about inflation. This week, the U.S. tax agency announced that income tax thresholds and deduction levels will increase significantly in 2022. For instance, the standard deduction [Read More] …
Between a Rock and a Firing Squad
Uncle Sam Gets Caught in the Inflation Trap Sticker shock. A common term we’ve all used at some point when buying something or other and we weren’t expecting the price we were quoted. Apparently, the term grew out of the new-car lots of 1975, when American consumers went car shopping only to discover that the Big 4 automakers of the day—Ford, Chrysler, General Motors, [Read More] …
Video: What Are Apple’s Plans for Crypto?
It was another huge week for crypto. Both bitcoin and Ethereum set new record highs, while Apple CEO Tim Cook admitted he owns crypto in his personal portfolio and said Apple is “looking into” digital currencies. So, I sat down with Field Notes Managing Editor Ciaran Madden to discuss some of the reasons for this [Read More] …