Ocasio-Cortez Praises Venezuela For Making Everyone A Millionaire Through Hyperinflation

Via The Babylon Bee NEW YORK, NY—In an interview on Meet the Press Sunday, Democratic congressional candidate Alexandria Ocasio-Cortez scolded American leaders for not setting the minimum wage as high as Venezuela, whose hyper-inflated currency is forcing minimum wage increases all year long. Ocasio-Cortez then pointed out that if we would just raise the minimum … Read more

Nevada In Deep Trouble If Recession Strikes, Report Finds

by stockboardasset States deploy reserves and balances to manage budgetary uncertainties, deal with revenue forecasting mistakes, prevent severe spending reductions or tax increases when there are unexpected revenue shortfalls, and cope with unforeseen emergencies. Because reserves and balances are essential to managing sudden changes and maintaining fiscal health, these levels are watched closely. According to a … Read more

The economic impact of the 2018 currency crises is now being felt

by Shaun Richards This morning has brought yet more developments in the ongoing currency crises of this summer. An early morning economic salvo was fired by the Turkish central bank the TCMB. Recent developments regarding the inflation outlook indicate significant risks to price stability. The Central Bank will take the necessary actions to support price … Read more