...and given the coercive powers of the most important MSbP sufferers - the said governors, mayors, bureaucrats, etc. - this pandemic (the MSbP pandemic) is wreaking untold havoc.
"The Speaker continues to hope that, by the end of the day Tuesday, we will have clarity on whether we will be able to pass a bill before the election."
"Another 10% correction from Monday's highs is the most likely outcome in the near term before this bull market can resume, at least at the index level."
"The dollar is going to get killed. All that stimulus, all the deficits that are going to be the result of no gridlock – the traffic is going to flow meaning the red ink is going to flow..."
Ten years ago I would not have thought it a danger that the internet would become a method of political control, not of political freedom... I now worry it is too late to avert the danger...
As these votes are tallied it could potentially give a lead to Biden, then in-person voting could swing the election toward Trump, then Biden could again regain ground as officials work their way through remaining mail-in votes.
...temporary efforts, introduced for whatever high-flying reason, take on a life of their own. They lull the population into a false sense of security and a misplaced appreciation for the now normal.
"there are a number of ways CBDC might improve the payments system and include faster and cheaper transactions, addressing a decline in the use of physical currency, and reaching consumers who have been traditionally underserved by financial institutions."