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This feud is little more than two factions within the Federal government fighting over how exactly to use the Fed’s many powers to inflate, exploit, and help fund an ever expanding federal government.
Original article: https://mises.org/mises-wire/trumps-justice-dept-launches-criminal-probe-against-feds-powell
The current Washington tiff between Donald Trump and Jerome Powell is being reframed as Powell heroically defending the Fed’s “independence.” In truth, the Fed has always done the administration’s dirty work and pursued inflation when it might temporarily boost the economy.
Original article: https://mises.org/mises-wire/powell-should-be-great-american-villain-dc-will-make-him-hero
The data centers needed to power AI are controversial in many communities. People worry about that extra demand driving up their electricity bills, which are already up almost 7% in a year. In response, Microsoft is pledging to pay extra for electricity to power its data centers and says it’ll work to prevent water resources from being drained by giant server farms. And later, we'll discuss the Trump administration's plan to control Venezuela's oil.
Iran threatens executions. Top level Greenland meeting on tap at the White House. Actor Timothy Busfield denies allegations of child abuse. CBS News Correspondent Steve Kathan has those stories and more on the World News Roundup podcast.
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From the BBC World Service: China has announced record export numbers and the largest trade surplus in global history: $1.2 trillion. Despite the impact of President Donald Trump's tariffs, China has been able to pivot to other international trading partners, including countries in Africa, Southeast Asia, and Latin America. Then, global bond markets are where governments go to raise money to pay for services, but have they become too powerful?
Niko Papademetriou lives in Washington, DC, with his wife and son. He has had an interesting background professionally. He got into finance, and experienced all the downside that 2008 had to offer. Post all of that, he started a restaurant at the age of 26 with some folks, and quickly realized how difficult it was. After 4 years, he met some guys and wanted to start a new thing. Outside of tech, he and his wife spends a lot of time watching his son play hockey, and engaging with the team at the hockey rink.
Niko has observed the restaurant business change, moving towards many different ordering methods - mobile, web, in person, etc. At the end of whatever method, the order needed to land inside the black box of the POS system. He wanted to create the plumbing, better yet the ultimate system to connect it all.
This is the creation story of Qu.
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A recent decision by the U.S. Treasury Department is a major win for tribes. For the first time, tribes are on the same level as states when it comes to determining how tribal services are taxed. Advocates call the decision “historic” and say it is a significant breakthrough in tribal sovereignty. Not only will it allow tribes to keep hundreds of millions of dollars more per year, it removes the tax filing hassle for small contractors who work with tribes. We’ll hear about the decade-long push to change what is called the General Welfare Exclusion and what it means for tribal economic development.
GUESTS
Chief Lynn Malerba (Mohegan), Former U.S. Treasurer
Lt. Gov. Hershel Gorham (Cheyenne and Arapaho)
OJ Semans Sr. (Rosebud Sioux), co-executive director of Four Directions Vote
Scott Skaro (Standing Rock Sioux), board member of the National Association of Student Financial Aid Administrators and the financial aid director for United Tribes Technical College
Break 1 Music: C.R.E.A.M. [Instrumental] (song) Wu-Tang Clan (artist) Enter the Wu-Tang: 36 Chambers [Instrumentals] (album)
Break 2 Music: Vipismal – The Hummingbird Song (song) Earl Ray (artist) Traditional Songs Of The Salt River Pima (album)
The pretty Swiss lakeside town of Lugano has set out to become Europe’s bitcoin capital, with the aim of attracting bitcoin companies and the cryptocurrency itself to the city. In Lugano, you can still pay for everything in Swiss francs, but in hundreds of shops and restaurants you can also pay in bitcoin. The city has even started accepting it for municipal services. The BBC’s John Laurenson went to check it out.
Have you ever heard the story of "shrunken heads"? In the West, a ton of people sadly associate this with their own self-centric pop-culture experiences. However -- as Ben, Matt and Noel discover in tonight's episode -- the ancient practice of creating tsantsas is far more fascinating than any nostalgia reference. Tune in to learn the true conspiracy behind the popularity of "shrunken heads".
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