ECONOMY MONEY AND BANKING

Vladimir Putin Is Getting Interested in Bitcoin's Biggest Rival

Ethereum, the world’s largest cryptocurrency after bitcoin, has caught the attention of Vladimir Putin as a potential tool to help Russia diversify its economy beyond oil and gas.

Putin met Ethereum founder Vitalik Buterin on the sidelines of the St. Petersburg Economic Forum last week and supported his plans to build contacts with local partners to implement blockchain technology in Russia, according to a statement on Kremlin’s website.
READ MORE: https://www.bloomberg.com/news/articles/2017-06-06/putin-eyes-bitcoin-ri...

More fake news from the mainstream

The Nation has published an article titled "The Rock-Star Appeal of Modern Monetary Theory" and in the article it is stated "The possibility of a $1 trillion coin represented more than mere monetary sophistry: It drove home their foundational point that fiat currency is a social construct, and that there are therefore no fiscal limits on how much a sovereign currency-issuing nation can spend".

That line about "a sovereign currency-issuing nation" is interesting as it gives the impression that America is one such country. America is not a sovereign currency-issuing nation however. America's money is printed and issued by the "Federal Reserve", a privately owned bank. There is nothing Federal about it, IT IS NOT OWNED OR CONTROLLED BY THE GOVERNMENT OR THE AMERICAN PEOPLE.
READ THE ARTICLE: https://www.thenation.com/article/the-rock-star-appeal-of-modern-monetar...

MasterCard launches Credit Card with Built-In Fingerprint Scanner

MasterCard has unveiled its brand new payment card that has a built-in biometric fingerprint scanner, allowing customers to authorize payments with their fingerprint, without requiring a PIN code or a signature.

If you want the new biometric card, you are currently required to go to your bank branch in order to have your fingers scanned and registered for the new tech. Your fingerprints will then be converted into an encrypted digital template that is stored on the card's EMV chip.

You can save up to two fingerprints, but both would have to be yours — you can not authorise someone else, even from your family, to use your card with their fingers.
READ MORE: http://thehackernews.com/2017/04/mastercard-fingerprint-payment-card.html

Libor: Bank of England implicated in secret recording

A secret recording that implicates the Bank of England in Libor rigging has been uncovered by BBC Panorama.

The 2008 recording adds to evidence the central bank repeatedly pressured commercial banks during the financial crisis to push their Libor rates down.

Libor is the rate at which banks lend to each other, setting a benchmark for mortgages and loans for ordinary customers.
READ MORE: http://www.bbc.com/news/business-39548313

Have Goldman Sachs & The Deep State Taken Over The Trump Administration?

The writing is on the wall and the message is not good. Trump will likely expand the war in Syria and increase tensions with Russia. The American empire is likely to implode under Trump’s watch, as he once again betrays many of the people who voted for him.

Hillary or Trump, we’d be getting the same thing. We had no real choice, and empires don’t reform. Prepare for impact. – From: The Imperial War Machine Marches Forward Under Donald Trump
READ MORE: http://www.thelastamericanvagabond.com/government/goldman-sachs-deep-sta...

New Zealand Welfare System to Blame for People not Taking Underpaid Terribly Shitty Jobs Being Offered by Greedy Assholes

A Northland horticulture firm director says employing locals does not make economic sense.

A Mapua cafe made the news this month when its owner revealed she had struggled for six months to get anyone interested in a kitchen job.

Patrick Malley, of Onyx Horticulture, said it was a problem that affected his industry, too. It was hard to get people to turn up for work.
READ MORE: http://www.stuff.co.nz/business/91047042/Welfare-system-may-be-to-blame-...

Billionaire Banker David Rockefeller, Former Head Of Chase Manhattan, Dies At 101

David Rockefeller, the famous banker and philanthropist with the family name that controlled Chase Manhattan bank for more than a decade and wielded vast influence around the world in the world of finance, has died on Monday morning at his home in Pocantico Hills, N.Y. He was 101.
READ MORE: http://www.zerohedge.com/news/2017-03-20/david-rockefeller-former-head-c...

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