Monday, 8 August 2016 News update 08-08-2016

TWO Special Updates...bad news and good news. 

Bad News: My antiquated website is dying...I'm in the process of building a replacement on another platform. It's almost certainly going to take a couple hundred hours (depending on how much of the old content I attempt to move over).  

GOOD News. There's a new social media site that PAYS YOU in cryptocurrency to "like" other people's posts. (They want quality content, and your "likes" help them determine what's best.) The better you are at choosing good content, the more you earn. When you "like" a post, the writer gets paid too (without it costing you anything.) 

I'll be posting my first article there very soon. If you've got a facebook account, it's really easy to sign up (just click "sign up" and then choose "continue with Facebook"). Make sure you record the password they give you somewhere. 

I'll be sending a notice to everyone when I post my first article there...if you guys can give me an initial boost of "likes," it could get the article to the front page. (The higher it goes, the more it increases your earnings as a reader and mine as a writer.) 

Here's the link: News update 08-08-2016 

The QE Forever Cycle Will Have A Catastrophic End
--If the economy responds, then increased economic activity and the side-effects of QE encourage a withdrawal of the stimulus. Higher interest rates slow the economy and trigger financial crises, setting off a new round of the cycle. 

If the economy does not respond or external shocks occur, then there is pressure for additional stimuli, as policymakers seek to maintain control. All the while, debt levels continue to increase, making the position ever more intractable as the Japanese experience illustrates. 

Economist Ludwig von Mises was pessimistic on the denouement. "There is no means of avoiding the final collapse of a boom brought about by credit expansion," he wrote. "The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."
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The Jeep Hackers Are Back to Prove Car Hacking Can Get Much Worse
--At the Black Hat security conference later this week, automotive cybersecurity researchers Charlie Miller and Chris Valasek will present a new arsenal of attacks against the same 2014 Jeep Cherokee they hacked in 2015. Last year, they remotely hacked into the car and paralyzed it on highway I-64—while I was driving in traffic. They were even able disable the car's brakes at low speeds. By sending carefully crafted messages on the vehicle's internal network known as a CAN bus, they're now able to pull off even more dangerous, unprecedented tricks like causing unintended acceleration and slamming on the car's brakes or turning the vehicle's steering wheel at any speed. "Imagine last year if instead of cutting the transmission on the highway, we'd turned the wheel 180 degrees," says Chris Valasek. I can imagine. But he spells it out anyway. "You wouldn't be on the phone with us. You'd be dead."
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The Secret Government & Why Your Vote Doesn't Matter
--So the question remains, and is more pertinent now than ever before: How can we truly believe we are living in a "democracy" when presidents don't even have enough power to significantly change anything? 

Are we really free? Or have we been conditioned to believe we are? Corporations and mainstream media have us glued to our TV screens, searching for answers, searching for promises that can never be kept. Living as the puppets we are, we've become distracted from the truth, our attention diverted to what we want to hear as opposed to what we need to hear.
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