Canadian-based Transpod claims to have raised $57.11 million (€50 million) from unidentified investors in North America and Italy. There is apparently no connection between Transpod and HyperloopTT or Hyperloop One.Read more
A Progressive Basic Income would create economic activity without expanding bureaucracy or increasing government spending.
The money would go to average Americans not to bureaucrats, politicians, and government contractors. They would spend the money in America’s communities not in Washington or Wall Street.
A $500 a month basic income would give the Amazon worker making $28,446 a year, a $6,000 annual boost income. That would raise his or her pay to $34,446 a year.
A married couple that worked at Amazon would receive $12,000 which will raise their annual income to $68,842. That would put them well over the National Median Income of $59,095.
An Amazon fulfillment couple with a child would receive $18,000 a year, raising their income to $74,842, a year. Married fulfillment workers with two children would receive $24,000 a year raising their income to $80,892 a year.
Therefore, paper money is a cause of Income Inequality. That inequality is getting worse because America now has two economies.
We have a high-speed digital economy for the rich, big business, and increasingly the middle class. Then there is a slow-speed paper economy for the poor.
To overcome this problem, mining pools have been created, which are essentially a group of people working together to mine a ‘block’ and then share the rewards. Of course, the reward you will get is a lot smaller than what you would get if you went at it alone, but the chances of you actually getting any reward at all are increased dramatically.Read more
The most logical future for Barnes & Noble would be for Amazon to buy it. Owning Barnes & Noble would make a lot of sense for Amazon.
Such an acquisition would give Amazon 630 locations across the US to use as pickup and drop-off locations for merchandise and returns. Logically, local Barnes and Noble stores can function as neighborhood fulfillment centers for same-day delivery.Read more
The best online banks deploy some of the money that isn’t needed for maintaining bank branches into technology to make the online experience easier and safer.
If you search for the banks that offer the highest interest rates on savings accounts and certificates of deposit, you’ll find the top of the list dominated by the best online banks. It’s no mystery – running a bank is less expensive if you don’t have to pay for and staff brick-and-mortar branch offices. The top online banks pass on (some portion of) the savings to customers, which means more interest income in your pocket.Read more
Augur is designed to be the most ambitious blockchain predictions market yet. It intends to collect data from Political Forecasts, Event Hedging, Weather Prediction, and Company Forecasting.
Anybody can go into Augur’s Ethereum blockchain platform and create a prediction market. That’s where the weird markets about Betty White’s murder came from. A person can take odds on any event.
That might mean Hyperloop One will conduct the tests at its facility in Las Vegas, Nevada. The company might also be planning to test components at the track its archrival Hyperloop Transportation Technologies (HyperloopTT) is building in Toulouse, France.Read more
Home Depot is obviously a great dividend stock and a good income stock for these reasons. Those looking for a safe dividend that grows by 10¢ to 20¢ a year should check out Home Depot.
The dividend fundamentals are pretty good at Home Depot as well. On August 3, 2018, Home Depot offered a 2.11% dividend yield, a $4.12 per share annualized payout, and a payout rate of 43.6%.
That makes Home Depot worth the $197.06 you would have paid for it on 7 August 2018. Those who need a stock that generates income and want a retailer will be well-served by Home Depot.
The most obvious and important lesson is that the traditional welfare or social-services system will never implement a basic income. The social services infrastructure exists to provide jobs for middle-class bureaucrats with college degrees, not to combat poverty.
To succeed, a basic income must be delivered outside the traditional social services and welfare infrastructure.