The U.S. median household income in 2021 was $70,800, down from 2020’s median of $71,200, U.S. Census Bureau data shows. The 2020 figure dropped from 2019’s due to economic lockdowns during the COVID War. The 2020 and 2021 figures were as high as they were jacked up because of federal stimulus payments to individuals. Incomes...
The U.S. Federal Reserve has doubled the pace at which it is emptying its nearly $9-trillion bond portfolio, now shedding its holdings at a rate of $95 billion a month. As a result, bond traders are having a harder time closing deals, with the gap between asked and bid prices further apart than at any...
The economic ups and downs of global shipper FedEx are seen as harbingers of the world’s economic future because the shipper carries almost every kind of product—and that future is not looking good. Last week, FedEx announced it would stop hiring, close about 90 offices, cut its number of flights, and mothball aircraft because worldwide...
The U.S. treasury has recommended the federal government continue researching the prospect and possible impacts of a digital dollar. The department urged continued “policy and technical work on a potential central bank digital currency (CBDC) so the United States is prepared if a CBDC is determined to be in the national interest.” Treasury secretary Janet...
After years of preparation, Ethereum—the world’s second most popular digital currency after Bitcoin—has completed its transition from the standard Proof of Work (PoW) method of validating transactions and adding new coins to the alternative called “Proof of Stake” (PoS). In PoW, new coins are created by participants solving complex mathematical problems using massive computer power....
There’s a new reason to cut your cable cord and ignore the corporate news propaganda machine. Researchers at Texas Tech University conducted a study that found consuming too much news can not only impact your mental health, but also affect your physical well-being. Texas Tech University conducted a study based on an online survey of...
President Joe Biden called on Big Tech to crack down on what he considers to be a “rising tide of hate-fueled violence” in the U.S., which was seen as an act of deputizing these companies to take further actions to suppress speech in the country. Biden’s speech was titled, “United We Stand,” and announced new...
Major cities across the U.S. are dealing with record crime waves that continue to escalate since the beginning of the COVID-19 War that was launched by politicians, which solidifies our trend forecast made some two-and-a-half years ago. We have long noted that lockdowns killed the human spirit, destroyed small businesses, and took their mental toll...
That “misinformation” is getting really dangerous, especially to certain government officials. This time, a former VP of EcoHealth Alliance is claiming that his former workplace, in concert with CDC funding and knowledge, worked on gain-of-function virus research that created the COVID-19 virus. In documents sent to lawmakers last week according to Just The News, DHS...
CATO INSTITUTE ANALYST WARNS AGAINST FED CBDC PUSH Nick Anthony of the libertarian Cato Institute has strongly criticized a White House summary factsheet drawn from just released agency reports on digital assets. Anthony, a policy analyst with the Cato’s Center for Monetary and Fiscal Alternatives, made his comments in an interview with the Daily Caller...