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Here’s What Target Corporation’s (NYSE:TGT) P/E Is Telling Us
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The Great Monetary Inflation & the Future of Digital Money | Michael Casey
Demetri Kofinas speaks with CoinDesk Chief Content Officer Michael Casey about “The Great Monetary Inflation” and the future of digital money. The two chronicle the financialization of the global economy that occurred between the end of gold convertibility in 1971 and the Great Financial Crisis of 2008. They discuss how the period of the 1970’s weighed heavily on the American zeitgeist and the political transformation that occurred between the start of the Iran hostage crisis and the fall of the Berlin Wall. The episode culminates in a conversation about the political and monetary forces that have been unleashed in response to the spread of COVID-19 and their implications for the future of capitalism and liberal democracy.
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[link] [comments]source https://www.reddit.com/r/StockMarket/comments/ght0j3/the_great_monetary_inflation_the_future_of/
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As U.S. meat workers fall sick and supplies dwindle, exports to China soar
U.S. President Donald Trump ordered meat processing plants to stay open to protect the nation's food supply even as workers got sick and died. Trump, who is in an acrimonious public dispute with Beijing over its handling of the coronavirus outbreak, invoked the 1950 Defense Production Act on April 28 to keep plants open. Now he is facing criticism from some lawmakers, consumers and plant employees for putting workers at risk in part to help ensure China's meat supply.
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