Russia has just unveiled a plan to reduce its reliance on the US-dominated global financial system. The plan is seen as a response to crippling Western sanctions. The plan involves setting up mutual centers for trading commodity resources, which will allow Russia and its partners to bypass US sanctions and maintain economic sovereignty. This move […]
]]>
Russian Foreign Minister Sergey Lavrov has emphasized that a barter trade system could be organized with China to overcome the current settlement problems. Lavrov noted that a similar system was studied by Brazil’s Lula outside the BRICS organization, proposing barter settlements among countries in Latin America and the Caribbean region. Russian Foreign Minister Sergey Lavrov […]
]]>
Faced with cash shortages caused by the central bank’s currency policies, traders in the Nigerian state of Benue have reportedly resorted to barter trading. Traders from the state have implored the Nigerian government to consider rescinding the Central Bank of Nigeria’s naira redesign policy. The Nigerian Supreme Court has said it will pass its judgment […]
Powered by WPeMatico
]]>
The Federal Reserve System was created after the “Panic of 1907” and ever since its inception in 1913, the Fed is one of the most powerful modern central banks in the world. Moreover, the Fed has always been either celebrated or criticized for stepping in whenever the U.S. is stricken with some kind of fear. […]
The post American Panic Led to the Creation and Expansion of the Corrupt Federal Reserve System appeared first on Bitcoin News.
Powered by WPeMatico
]]>
In the last few months, giant American corporations and financial incumbents that are subsidized by the U.S. government, have profited immensely during the coronavirus outbreak. This has caused certain groups of people and those who despise wealth to claim that “capitalism is broken.” However, today’s system, that’s currently practiced in the U.S. and many other […]
The post This Is Not Capitalism: How Covid-19 Shined a Light on America’s Fascist System appeared first on Bitcoin News.
Powered by WPeMatico
]]>
The last two months dealing with the coronavirus outbreak have been strange, to say the least, and as data rolls in more people are becoming aware that there was quite a bit of overreaction from politicians, the media, and medical professionals. A small number of people are starting to focus on the economic situation and […]
The post US Central Bank Blamed for 2020 Financial Crash: ‘The Fed Is Lawless Economic Government Unto Itself’ appeared first on Bitcoin News.
Powered by WPeMatico
]]>
Since mid-September, the Federal Reserve has injected three trillion U.S. dollars into the hands of private banks and Wall Street. Despite the fact that massive amounts of money was created out of thin air, the central bank still believes repurchase agreements (repos) are needed to tame the turbulent economy. Nearly every day the Federal Reserve […]
The post The Fed’s Money Creation System Is Fueling One of the Biggest Heists in History appeared first on Bitcoin News.
Powered by WPeMatico
]]>
The Satoshi Revolution: A Revolution of Rising Expectations. Section 2 : The Moral Imperative of Privacy Chapter 4: When Privacy is Criminalized, Only Criminals will be Private by Wendy McElroy Kiss a Computer Engineer Today (Chapter 4, Part 4) If you care about liberty, the nonaggression principle, or economic freedom in general you should do […]
The post The Satoshi Revolution – Chapter 4: Kiss a Computer Engineer Today (Part 4) appeared first on Bitcoin News.
Powered by WPeMatico
]]>