Sunday, October 20th, 2019 MST

Category: Money

IRS goes after cryptocurrency investors

Cryptocurrency advocates have long maintained that the primary benefit of “cryptos” is that they are not centrally controlled, actually residing on cell phones.  Transfers from one holder to another do not go through a “central bank,” such as the Fed, but from one phone to another.  This was supposed to be beyond the reach of

Ron Paul and gold

Millennials, It was astonishing that when Ron Paul dropped out of the 2012 presidential race many of his followers jumped to supporting Bernie Sanders, an avowed socialist.  Ron Paul, of course, is a libertarian who rails against socialism in all forms.

A Fed rate hike in the works?

New York Fed President William Dudley said that he supports another rate hike this year if the economy “evolves as he expects.”  He also thinks it’s reasonable for the Fed to start selling part of its $4.5 trillion portfolio, which it accumulated through several quantitative easing programs.

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