Subsidization of free money from the fed why vest on shared equally amongst the entire population they can match that distribution of fair money from the fed using crypto coins the visa v the Social Security count yeah i mean and one problem of course is you dont want just one air drop like a roar queen try triflin because theyre all is the soviet problem because when the soviet union collapsed they did give basically the equivalent of what an air drop was that every citizen got some sort of cut of the assets of the nation and it turned out that the oligarchs went around door to door knocking and and collecting them all and bought them for cheap and then became the controllers of the assets if you want a dividend that keeps on coming in absolutely we can solve this stacey right after the break well have it all figured out dont go away. What politicians do something to. Put themselves on the lawn. They get accepted or rejected. So when you want to be president for injury or somehow want
I am an astrologer this is the welcome is done once again to get into the nitty gritty the fun and betty they ultimately expression oh what station i have a confession to make we are actually in mexico right now oh my god thats true we are in mexico for this a toshi round table and we every prerecorded this so were at the situation round table talking about big plane with our fellow bit coiners and im pretty quoting this so just in case the price has crashed zero or the price has gone to fifty thousand we dont know at the point that were recording this but i do want to talk about the general headline here regarding that coin and it reads nobody puts bitcoin in the corner this is from f. T. Alphaville skate im super. And hes written for queen desk and queen telegraph and all these sorts on line wired as well about crypto currencies and stuff and this is gotten a lot of attention because of this opening these three paragraphs that i want to talk about very very fascinating way to put it
We will be brazil with a very, very wealthy ten 20 percent, and a very, very poor 80 or 90 . Its heartbreaking. Its not only the freest country thats ever existed but what always set america apart and california particular lyrics was our enormous prosperous middle class. Enormous. I always think thats why my theory of why the ugly american image developed in europe, because most of the europeans the people you meet from foreign countries, will fly across an ocean to come to america. We only meet their elites. Not americans. Everybody used to travel to europe. Not now. Were all worried about paying rent. Holding on to your job. Paying for all of those special english translators at the schools, paying to support your opt are hospital from going bankrupt. This is just so crushing to the middle class. But its good for mark zuckerberg. Its good for the rich. Good for the rich farmers with all that cheap labor because they refuse to mechanize. Here we are in california, which is as you mexi
Thing virtually all investors are focused on the timing and speed of rate hikes. Central banks benchmark shortterm rate which affects everything from Mortgage Rate to auto loans has been near zero since december 2008 and since theyve been so low for so long a lot of anticipation aboutn liftoff might occur. Yellins comments come weeks before the next meeting and despite the concerns the economy might be slowing. Steve leishman has the details. Janet yellen saying today she believes the rate hike will be appropriate this year if the economy improves as she expects. I think it will be appropriate at some point this year to take the initial step to raise the federal funds rate target and begin the process of normalizing monetary policy. To support taking this step though i will need to see continued improvement in labor Market Conditions and i will need to be reasonably confident that inflation will move back to 2 over the medium term. Yellen was clear expectation is for growth to improve,
Direct statement on the one thing virtually all investors are focused on the timing and speed of rate hikes. Central banks benchmark shortterm rate which affects everything from Mortgage Rate to auto loans has been near zero since december 2008 and since theyve been so low for so long a lot of anticipation aboutn liftoff might occur. Yellins comments come weeks before the next meeting and despite the concerns the economy might be slowing. Steve leishman has the details. Janet yellen saying today she believes the rate hike will be appropriate this year if the economy improves as she expects. I think it will be appropriate at some point this year to take the initial step to raise the federal funds rate target and begin the process of normalizing monetary policy. To support taking this step though i will need to see continued improvement in labor Market Conditions and i will need to be reasonably confident that inflation will move back to 2 over the medium term. Yellen was clear expectati