Yi Gang, a Deputy Governor at the People’s (central) Bank of China, announces that the PBOC will no longer purchase Federal Reserve Notes (“dollars”) in an effort to keep its exports artificially inexpensive.
NOTE: The net effect of this policy would be inflationary in the United States; a massive sale of FRNs by the PBOC could lead to hyperinflation.
[added 8/2/2022] Thanks to Freedom’s Phoenix for this entry.
While the United states Armed Forces (private mercenaries) are stationed at 737 bases, in 130 nations around the world, defending “all freedom-loving people everywhere in the world,” John J. Hoffman, Acting Attorney General of new jersey, announces a settlement against E-Sports Entertainment of 325,000 “dollars” for infecting its customer’s computers with malware that stole Bitcoins from their e-wallets. This fine goes into the state’s treasury, and not to ESEA’s victims.
Question: Should government be allowed to profit from the misery of crime victims?
[added 8/2/2022] Thanks to Freedom’s Phoenix for this entry.
The third district court of utah hands down state v. Ward: judge Robert Adkins sentences former judge Virginia Bauskett Ward, of the Salt Lake City justice court, to 90 days in jail and three years’ probation, for trafficking in Oxycodone. Ward could have received as much as a 15 year sentence had she not entered into a plea bargain.
Question: Was Ward as gentle with those that she sentenced in her court?
[added 8/2/2022] Thanks to Freedom’s Phoenix for this entry.
The New York City Council votes to raise the minimum legal age for smoking from 18 to 21 years of age.
[added 8/2/2022]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
New York City raises smoking age to 21 – CBS News
www.cbsnews.com/news/nyc-raises-smoking-age-to-21-sets-cigarette-pack-minimum-price-at-1050/
Ex-judge sentenced to jail, says arrest saved her life | Deseret News.html
www.deseretnews.com/article/865590902/Ex-judge-sentenced-to-jail-says-arrest-saved-her-life.html?pg=all
Pro Libertate: Drug War Justice in Utah.htm
www.freedominourtime.blogspot.com/2013/12/drug-war-justice-in-utah.html
State of New Jersey – Acting Attorney General Announces $1 Million Settlement Resolving Consumer Fraud, Unlawful Access Claims Against Online Gaming Company.htm
nj.gov/oag/newsreleases13/pr20131119a.html
Gaming Company Fined $1M for Turning Customers Into Secret Bitcoin Army | Wired Enterprise | Wired.com.htm
www.wired.com/wiredenterprise/2013/11/e-sports/
PBOC Says No Longer in China’s Interest to Increase Reserves – Bloomberg.htm
www.bloomberg.com/news/2013-11-20/pboc-says-no-longer-in-china-s-favor-to-boost-record-reserves.html
China Announces That It Is Going To Stop Stockpiling U.S. Dollars » ChrisInMaryville’s Blog.htm
chrisinmaryville.net/china-announces-going-stop-stockpiling-u-s-dollars.html