How GDP Stats Create the Illusion of Fed-Fueled Economic Growth
Since GDP is expressed in dollar terms, which are deflated by a dubious price deflator, it is obvious that the so-called real GDP fluctuations are in response to the fluctuations…
What Happens If the Fed Takes Its Thumb Off the Housing Market?
As of October 2021, housing prices had skyrocketed over 18% year-on-year. Housing prices are far above their 2006 bubble peak, even adjusting for inflation.
How Easy Money Inflated Corporate Profits
Bluntly, when the Fed machinery of money is splurging out fantastic profits amid understandable praise from the powerful beneficiaries, why hurry to make an exit from emergency stimulus?
Xbox players are fed up with forced crossplay against PC gamers
Xbox players are growing increasingly frustrated at being forced to play against PC gamers. While crossplay was initially a popular request from Xbox and PC players that Microsoft has backed…
Apple promises third-party payment options in iOS for South Korean users
Illustration by Alex Castro / The Verge Apple says it will introduce third-party payment options for the first time ever in iOS apps, following South Korean legislation designed to open…
Obscenely detailed scan lets you peer at Rembrandt’s Night Watch masterpiece online
The level of detail is staggering. | Image: Rijksmuseum The Rijksmuseum has released what it claims is the “largest and most detailed photograph of any artwork,” and it’s viewable for…
Americans ‘Running Out of Money’ to Pay Bills After Loss of COVID-Related ‘Financial Cushion’
Helicopter money drying up as inflation explodes
Americans ‘Running Out of Money’ to Pay Bills After Loss of COVID-Related ‘Financial Cushion’
Helicopter money drying up as inflation explodes
China Offers Kazakhstan Assistance as President Says Afghan Militants Infiltrated Country
3,000 Russian troops land in Kazakhstan as potential major conflict brews
China Offers Kazakhstan Assistance as President Says Afghan Militants Infiltrated Country
3,000 Russian troops land in Kazakhstan as potential major conflict brews
