04.09.2014   |   World News

Devaluing dollars as a Historical Phenomenon

Your money has been declining in value exponentially, said popular video seminar Crash Course on the site Peak Prosperity. For close to 300 years, inflation in the US remained very subdued. Small spurts occurred around major wars (Revolutionary, Civil, WW1, etc), but...

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  |   World News

Japan’s August Monetary Base Hits Record High

Japan's monetary base stood at JPY 243.49 trillion (USD 2.32 trillion) at the end of August, marking an all-time high since comparable data available since July 1996, the central bank said. The monetary base comprises money supplied to the markets by the Bank of Japan (BOJ),...

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  |   World News

Default threatens to Ukraine

While the world is watching the war in Donbas and political conflict with Russia, Ukraine may come to default, writes the British newspaper “Financial Times”. In April, the IMF created $ 17 billion credit program for Kiev. However, if the war in the East of...

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03.09.2014   |   System news

MMM Global Has Been Launched in Argentina

At the beginning of September, the Community participants in Argentina formed their own structure within the MMM Global Community. Thanks to this, the Community members in Argentina can make and get donations in their own currency (Argentine peso), using accounts in local banks. It will make...

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02.09.2014   |   World News

Debt Collectors are Now Preying on Other Debt Collectors

The debt collections industry in the U.S. is so under-regulated these days that even debt collectors are getting scammed by debt collectors. When a debt is left unpaid, it’s common practice for lenders — banks, credit card companies, cell phone providers, hospitals, car dealers —  to...

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  |   World News

Lawmakers Slam Fed’s Crisis Lending Proposal

A bipartisan group of lawmakers on Monday urged the Federal Reserve to restrict its crisis lending programs for big banks, which were criticized as bailouts during the 2007-2009 meltdown. During the crisis, the Fed invoked its emergency lending powers to pump cash into Citigroup, Morgan Stanley...

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