Plus the EU Goes to War With Big Tech 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…privacy concerns around QR codes. QR codes—those pixelated black-and-white squares that look like barcodes—have become a common sight in bars, restaurants, and retail businesses since the start [Read More] …
The Fed Admits It’s Been Lying About Inflation
Apparently, it was all just a lie—this whole “inflation is transitory” caca-doo the Federal Reserve has been feeding the world for the last couple of months. So, before I forget, if you take away anything from today’s dispatch, let it be an urge to pad your financial life with more gold and silver. But first we return to the scene of the crime… [Read More] …
Why I’m Super-Bullish on Crypto
I pulled out my magical Way Back Machine for today’s dispatch. Our destination: June 29, 2007. It’s a Friday. The Standard & Poor’s 500 closes in the red. In reports wrapping up the day’s trading, most financial news sites don’t mention that one of the biggest events in modern history is slated for 6 p.m., out on the West Coast: Apple [Read More] …
An Economic Hurricane is Looming on the Horizon
Testing the generator and filling a few spare gas cans… Those were the primary checks on my to-do list when I lived in south Louisiana and a hurricane was bearing down on the bayou. At the moment, there’s no ‘cane to worry about. At least not meteorological. There is, however, a potential financial storm a’brewing and it could very well blow up into an [Read More] …
In Debt They Trust: The Fed’s Crippling Addiction to Cheap Money
Let’s see if we’ve got this right: The U.S. economy is roaring ahead…yet it’s too weak to stand on its own, so the Federal Reserve needs to pump $80 billion a month into the economy through bond purchases to help an economy that needs no help. The U.S. housing market has gone full “Charlie Sheen on a bender”…yet [Read More] …
