$1200 – DIGIT INFO

Printing Money from Thin Air – How the Fed Reduces Purchasing Power and Makes You Poorer

DIGIT — Thu, 26 Mar 2020 21:30:21 +0000

Unless you have your head in the sand, you’ve probably realized that governments and central banks can print money out of thin air and in unlimited amounts. The United States and the Federal Reserve have been creating money from nothing for years because they had exhausted all their monetary policies. Despite the fact that many […]

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$2 Trillion for Surveillance Capitalism – US Government Promises $1,200 to Every American

DIGIT — Wed, 25 Mar 2020 18:30:10 +0000

On Wednesday, U.S. Congressional leaders had seemingly come up with a stimulus deal at around 1 a.m. EST. The package will cost upwards of $2 trillion and politicians are promising direct payments of $1,200 per American if they make $75,000 or less. The dollar injection will be the largest financial measure ever enacted by Congress […]

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