China’s Central Bank: ‘Bitcoin Has No Value’. Can Central Bankers Kill Bitcoin?

 

Central banks from Russia, the U.S., England and Japan all have choice words to say for Bitcoin: ...

On August 13, Russia’s Central Bank called it a «technological financial pyramid scheme.» First Deputy Governor of the Bank of Russia, Sergey Shvetsov, likened buying Bitcoin to «entering a minefield» and said the local stock exchange should not list any companies that trade in Bitcoin . A month earlier, on July 18, the Bank of England’s FinTech Director, Tom Mutton, said a digital fiat would be way better than stupid Bitcoin. «Bitcoin, given its performance shortcomings and energy inefficiency, is in no way a relevant comparison for the sort of technology we might use in a central bank digital currency,» Coindesk reported him saying. On July 16, Powell said during testimony to Congress that the Fed’s ongoing research into a digital dollar would probably just render Bitcoin obsolete.

Matthew Lau: Canada's woke emperor has no clothes

 

Matthew Lau: Justin Trudeau is a vain prime minister who presents himself as an enlightened feminist, noble climate activist, advocate for Indigenous progress, and committed servant of social justice. PHOTO BY GEOFF ROBINS/AFP VIA GETTY IMAGES FILES

The fact is that Canada’s woke emperor has no clothes. At the start of the current election campaign, in an attempt to burnish his feminist credentials, Justin Trudeau vowed to turn the country’s supposed «she-cession» into a «she-covery.» But the evidence does not support claims of a «she-cession,» and it is plain to all with eyes to see that men as well as women suffered immensely from the pandemic and lockdowns. So the «she-covery» line, typical of the first two weeks of Trudeau’s flagging campaign, did not land well. Contrast this to when Trudeau first became prime minister and appointed a gender-balanced cabinet.

'A longer road to recovery:' Canada's economy shrinks, catching economists by surprise

 

A pedestrian wearing a mask walks past COVID signs on a store in downtown Toronto in May. The third wave of the virus hit the economy harder than economists thought. PHOTO BY PETER J THOMPSON/NATIONAL POST

The economy contracted 0.3 per cent between April and June, or 1.1 per cent on an annual basis, Statistics Canada reported on Aug. Adding to the dismal report, the federal agency delivered preliminary data for July that showed gross domestic product declined 0.4 per cent, a worrisome start to the third quarter. It’s the first quarterly drop in GDP since the second quarter of 2020, which saw the economy contract 11.3 per cent, or 38 per cent annualized. The data completely missed economists’ estimates, which had anticipated growth of 2.5 per cent for the period and quieted initial optimism about broader business re-openings as much of the country exited the third wave of the COVID-19 pandemic.

The central banks have set the stage for a persistent and ugly inflationary future

 

Simply put, if you believe in high inflation, you would put your money in hard assets, like gold, real estate, commodities and certain stocks. And of course, the currency of the country where the inflation is taking place should be avoided. Day after day, the financial news features a parade of smug people pontificating on this issue. After the 2008 financial crisis I made a prediction that ended up being only partially right.

The Greatest Scientific Fraud Of All Time - Part XXVIII

What I refer to as the «Greatest Scientific Fraud Of All Time» is the systematic alteration of historical world temperatures to make it appear, falsely, that the most recent months and years are the «warmest ever.» The basic technique of the fraud is the artificial lowering of previously-reported data as to world temperatures in earlier years, in order to erase earlier warmth and amplify the apparent warming trend. The deliverable products of the temperature fraudsters are purported charts of world temperatures derived from a thermometer-based surface record , generally going back to about 1880. The charts are engineered to appear in an iconic «hockey stick» shape, with relatively flat earlier years followed by a sharply rising «blade» in the most recent years. Every few years the government comes out with a new version of these data.

The latest version is called GHCN version 4, which began in 2018. Here is a chart from the Columbia University website showing a side-by-side comparison of the version 3 and version 4 GHCN data. Both show the famous hockey stick shape, although version 4 increases the recent uptick somewhat. You would think that it would be impossible for earlier-year temperatures to change at all, let alone that they would systematically change in a way that just happens to enhance the desired narrative of the promoters of the global warming scare.

Harvard Epidemiologist Says the Case for COVID Vaccine Passports Was Just Demolished

Photo by Thérèse Soukar, CC BY-SA 4.0 , via Wikimedia Commons

 

New research found that natural immunity offers exponentially more protection than COVID-19 vaccines.

A newly published medical study found that infection from COVID-19 confers considerably longer-lasting and stronger protection against the Delta variant of the virus than vaccines.

«The natural immune protection that develops after a SARS-CoV-2 infection offers considerably more of a shield against the Delta variant of the pandemic coronavirus than two doses of the Pfizer-BioNTech vaccine, according to a large Israeli study that some scientists wish came with a ‘Don’t try this at home’ label,» Science reported Thursday.

A Death Blow to Vaccine Passports?

Infection fatality rate of COVID-19 in community-dwelling populations with emphasis on the elderly: An overview

ABSTRACT

Background The infection fatality rate (IFR) of Coronavirus Disease 2019 (COVID-19) varies widely according to age and residence status.

Purpose Estimate the IFR of COVID-19 in community-dwelling elderly populations and other age groups from seroprevalence studies. Study protocol: https://osf.io/47cgb.

Data Sources Seroprevalence studies done in 2020 and identified by any of four existing systematic reviews.

Study Selection SARS-CoV-2 seroprevalence studies with ≥1000 participants aged ≥70 years that presented seroprevalence in elderly people; aimed to generate samples reflecting the general population; and whose location had available data on cumulative COVID-19 deaths in elderly (primary cutoff ≥70 years; ≥65 or ≥60 also eligible).