Even Fed Chair Powell is Freaked out by Alexandria Ocasio-Cortez’s Money-Printing Scheme

Even the U.S. Federal Reserve thinks Alexandria Ocasio-Cortez needs to cool it with all the money-printing schemes. CNBC reports: “An increasingly popular theory espoused by progressives that the government can continue to borrow to fund social programs such as Medicare for everyone, free college tuition and a conversion to renewable energy in the next decade…

Continue Reading



Fed Chair: Cryptocurrencies Are ‘Great’ For Money Laundering

Jerome Powell, chairman of the U.S. Federal Reserve, had some harsh words for cryptocurrencies during an appearance before the U.S. Congress. Speaking to the House Financial Services Committee, the head of U.S. central bank said Wednesday that cryptocurrencies have no “intrinsic value” and presented severe risks to investors, as CNBC reported. Part of his concerns…

Continue Reading



Ex-FDIC Chair: Current Monetary Tools ‘Inadequate’, Fed Should Consider Digital Currency

The former Chair of the U.S. Federal Deposit Insurance Corporation (FDIC) said that she thinks the Federal Reserve (Fed) needs to seriously consider issuing a central bank-issued digital currency (CBDC) in a June 8 op-ed published on Yahoo! Finance. In her op-ed, the former FDIC Chair Sheila Bair noted that “the past 10 years are…

Continue Reading



VIDEO: The Bitcoin Group #150 – Alphabay Takedown – Bitcoin Sign Guy – Alleged Ponzi ICOs – Philosophy

Donate Bitcoin: 1LAYuQq6f11HccBgbe6bx8DiwKwzuYkPR3 Be a Patreon: https://www.patreon.com/madbitcoins Featuring… Tone Vays (https://twitter.com/ToneVays) Kyle Torpey (https://twitter.com/kyletorpey) and Thomas Hunt (https://twitter.com/MadBitcoins) THIS WEEK: —————————- Alphabay Takedown https://www.wired.com/story/alphabay-takedown-dark-web-chaos/ Someone held up a ‘buy bitcoin’ sign during Yellen’s testimony to Congress http://www.cnbc.com/2017/07/12/someone-held-up-a-buy-bitcoin-sign-during-yellens-testimony-to-congress.html ‘Bitcoin Sign Guy’ Nets Almost $15,000 After Fed Chair Appearance Goes Viral http://www.coindesk.com/bitcoin-sign-guy-nets-almost-15000-fed-chair-appearance-goes-viral/ Dubious Bitcoin Scheme Uses Ethereum…

Continue Reading