Walter White / March 22,2020

New Coronavirus Legislation May Introduce a Digital Dollar

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Democrats in U.S. Congress have drafted two stimulus bills which recommend the creation of a digital dollar as part of broader COVID-19 stimulus plans.

The relevant bills are the Take Responsibility for Workers and Families Act and the Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act.

What the Bills Propose

Both bills suggest sending stimulus payments to qualified individuals affected by COVID-19 shutdowns.

The relevant sections propose giving monthly payments of $1,000 to minors and $2,000 adults. This will be decided based on national unemployment rates and individual income.

The same amounts with similar eligibility criteria of a permanent employment and minimum monthly income can be obtained with short-term Payday Loans online. They seem to be really helpful in case of emergency, such as Coronavirus for example. But it's recommended to study the Payday Loan Legislation at first and be careful to apply for the cash advance online.

If the digital dollar is introduced, it will be distributed through the traditional banking system.

Additionally, the U.S. Postal Service will allow “unbanked” users who do not have eligible IDs to receive the digital dollar through specialized ATMs in post offices.

Technical Details

The proposed digital dollar will not be represented on a blockchain or decentralized ledger.

Walter White / March 22,2020

Cash Crisis: National Currencies Plunge in the Wake of Coronavirus

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Cash Crisis: National Currencies Plunge in the Wake of Coronavirus

 National Currencies Plunge in the Wake of Coronavirus

Fiat currencies across the globe have experienced sharp declines in the wake of the coronavirus panic, with the Norwegian Krone falling over 30% lately last week. The Mexican peso and Australian dollar trailed close behind over the same period, with multiple fiat currencies also taking a nosedive. Though USD remains strong, some speculate this is due to flight from other markets, and that the bastion of fiat strength might not be able to withstand endless printing and reckless credit creation of QE much longer.

Also read: The Multi Trillion-Dollar Stimulus Package: These Are the US Corporations Begging for Bailouts

‘Unlimited Money’

Announcing an open-ended QE program Monday for unprecedented asset purchasing, the U.S. Federal Reserve has pledged to purchase assets “in the amounts needed,” signaling the beginning of a virtually unlimited easing effort which will include moving into corporate bonds for the first time.

As lockdown orders, enforced business closures and travel bans continue to wreck economies, world currencies are reeling from the massive shock spiked by coronavirus panic and containment measures. The Fed and other central banks of the world may have their eyes on unlimited support, but many fiat currencies are telling a different story.

Walter White / March 22,2020

Wutopia inserts inverted triangular lightwell into book shop

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Wutopia inserts inverted triangular lightwell into book shop

Wutopia inserts inverted triangular lightwell into book shop

Architecture studio Wutopia Lab has renovated the Hubei Foreign Language Bookstore in Wuhan, China, inserting a shard-like glass lightwell that pierces through six stories.

The shape of this lightwell is mirrored on the bookshop‘s exterior by a facade of triangular-shaped aluminium plates.

Wutopia inserts inverted triangular lightwell into book shop

Hubei Foreign Language Bookstore is designed to reference a mountain range or run of hills.

At night the outlines of the mountain range is illuminated by blue triangular lights.

Wutopia inserts inverted triangular lightwell into book shop

The bookstore occupies a large mixed-use structure on Zhongan Road that dates back to the 1980.

Walter White / March 22,2020

Australian shares jump on Fed’s QE boost, NZ posts record daily gain

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* Benchmark recovers from over 7-yr low hit on Monday

* RBA injects $4 bln liquidity into financial system

* Miner Rio Tinto flags hit to operations in S.Africa, Canada

* NZ benchmark up 7.2%, biggest daily gain ever (Updates to close)

March 24 (Reuters) – Australian shares jumped more than 4% on Tuesday, bouncing back from sharp falls in the previous session as investors cheered massive support measures from the U.S. Federal Reserve to temper the economic damage from the coronavirus pandemic.

The Fed on Monday promised unlimited asset purchases to support markets pummelled by widespread restrictions to arrest the virus outbreak, adding it will “soon” roll out credit programs to small and medium-sized business.

The S&P/ASX 200 index gained 4.2% to end at 4,735.70, recovering from a 5.6% drop on Monday.

“The Fed came out with unlimited quantitative easing and that is a positive in these markets. We are bouncing … but not sure that will hold,” said Mathan Somasundaram, a market portfolio strategist at Blue Ocean Equities.

Australia has imposed strict new lockdown rules as reported infections neared 2,000, with most states closing their borders to travellers from other parts of the country.

The heavyweight financials sub-index advanced 4.7%, with top lender Commonwealth Bank of Australia jumping 5.1% and Westpac Banking Corp gaining 2.9%.

Further boosting risk sentiment, the Reserve Bank of Australia pumped A$6.88 billion ($4.03 billion) into the financial system through its regular repurchase agreements, more than its original intention of A$1.48 billion.

Walter White / March 22,2020

Original Medicare vs. Medicare Advantage: Here’s How to Know the Difference

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Original Medicare vs. Medicare Advantage: Here’s How to Know the Difference

Original Medicare is the combination of Medicare Part A (hospital insurance) and Medicare Part B (medical insurance). It’s offered through the Centers for Medicare & Medicaid Services (CMS). Original Medicare can be used at virtually any medical clinic or hospital in the United States. As long as a provider accepts Medicare, you will be able to get healthcare services through them.

Medicare Advantage Plans vs. Original Medicare

The Original Medicare plan is not free of charge. Although the cost of Part A is usually covered, most people pay a premium for Part B. You will pay a 20% coinsurance as well as copayments and deductibles. However, insurance can be added to supplement costs and coverage.

Original Medicare Coverage

Original Medicare plans cover tests, services and items that are considered medically necessary or needed to diagnose and treat your medical condition. They also cover services to prevent illness or detect a condition at an early, more treatable stage.

Related: What Does Medicare Cover and How Does It Work? We Break It Down 

Plan name
Covered
Not covered

Part A

  • Hospital stays
  • Skilled nursing facility care
  • Hospice care
  • Some home health care services
  • Long-term care /custodial care
  • Dental care and dentures
  • Eye exams related to eyeglass prescriptions
  • Hearing aids and related exams
  • Take-home prescription medications
  • Routine foot care
  • Cosmetic surgery
  • Acupuncture

Part B

Walter White / March 22,2020

How to Get Your House Ready to Sell While Social Distancing

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How to Get Your House Ready to Sell While Social Distancing

Trees and flowers are beginning to bloom, birds are jubilant with song, and you’ve noticed these things only because you’re most likely sitting at home in isolation. If you were thinking about selling your home before this whole coronavirus (COVID-19) scare happened, luckily, you still can. In fact, the current state of the US housing market shows that homebuyers still want to buy houses. They are simply shifting to a more virtual homebuying experience, including live video-chat tours. So, even if you’re feeling kind of isolated from the rest of the world, now is at least a great time to get your house ready to sell by doing these simple things.

How to Get Your House Ready to Sell While Social Distancing

1. Clear the clutter from your home

First and foremost, walk outside your home and then re-enter through the front door as if you were a prospective homebuyer. Go through each room in your house and see with homebuyer eyes the amount of clutter you’ve accumulated. Don’t worry, it’s human nature. However, clutter detracts from the beauty of your home and its prime selling features. 

How to Get Your House Ready to Sell While Social Distancing

Walter White / March 22,2020

5 Reasons Why a Quick Loan Approval is to Your Benefit

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5 Reasons Why a Quick Loan Approval is to Your Benefit

There are all sorts of loan options on the market today. That means when you need a loan, the only option is not making a visit to the local bank. Many lenders offer loans that can be approved in one business day or less. Why would options for quick approved loans matter for you? Here are some scenarios that call for being able to receive a loan as quickly as possible. 

5 Reasons Why a Quick Loan Approval is to Your Benefit

Getting to a Relative Who is Gravely Ill

You have a loved one who is not doing well at all. In fact, you need to get to that relative as soon as possible. The only problem is that you don’t have any spare funds to take care of the travel expenses. How will you find the necessary cash?

Working with a lender who provides quick approvals on loan applications is the answer. You may be able to apply for the loan this morning and be approved by this afternoon. If so, there’s a good chance that the money will be in your bank account tomorrow morning. Once you verify the funds are there, you can be on your way. 

Taking Care of Car Repairs Sooner Rather Than Later

A car that won’t run makes getting to and from work a lot harder. It also means simple errands like trips to the supermarket become major projects. Getting by without the car can also be expensive, owing to what it costs to call cabs. The bottom line is that you need the car back on the road as quickly as possible. 

Walter White / February 17,2020

Capital One Spark Cash for Business Card $500 Cash Bonus

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Capital One Spark Cash for Business Card $500 Cash Bonus

Bankdealguy has partnered with CardRatings for our coverage of credit card products. Bankdealguy and CardRatings may receive a commission from card issuers.Capital One Spark Cash for Business Card $500 Cash BonusAt a glance, upon approval of the Capital One® Spark® Cash for Business card, you can earn a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening.

You will also be able to earn unlimited 2% cash back on every purchase you make. Plus, this card has no foreign transaction fees! If you’re interested in what more this card has to offer, continue to read below.

Learn more about this card and find out how you can apply here.

Capital One Spark Cash for Business Card Summary

Capital One Spark Cash for Business Card $500 Cash Bonus
The Capital One® Spark® Cash for Business offers a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening.

You're able to earn an unlimited 2% cash back could mean thousands of dollars each year going back into your business. Use Spark Cash across all your business spend, with no categories to limit your purchasing.

Walter White / February 17,2020

6 Best Compression Sock Levels

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As with normal socks, compression socks come in many different forms. Not only are there different sizes and styles of compression socks but there are also different levels of compression that the socks can provide. The amount of compression or “squeeze” that these socks provide are measured in millimeters of mercury also written as mmHg which is a measure of pressure. 

The higher the number the more pressure the socks will provide to your legs. The best compression socks are the ones that balance comfort and health benefits. The article is to be used as a guide. It is advised that you discuss with your primary care physician if compression socks are right for you. Below are the 5 most common levels of compression  

Mild

Mild compression has a compression rating of 8-15 mmHg. This level has the lightest compression. This level of compression sock provides enough pressure in the legs to reduce slight swelling of the feet and legs, moderately reduce fatigue from extended time standing, and slightly better your circulation in your legs. This is a good entry level compression sock as it provides some benefits while also easing you into the slight squeeze feeling that compression socks give. 

Medium

Medium compression has a compression rating of 15-20 mmHg. This level is one of the most commonly sold non-prescription levels of compression sock. 15-20 mmHg provides enough added pressure to significantly improve circulation in the lower legs, more so than the 8-15mmHg level. This added pressure is enough to help with mild swelling of the legs, swelling due to pregnancy, reduce spider veins, as well as reduce the risk of getting deep vein thrombosis (DVT) from prolonged periods of time sitting. 

Walter White / February 17,2020

5 Top-Rated Tourist Attractions in Cuba

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5 Top-Rated Tourist Attractions in Cuba

There are plenty of good reasons to visit Cuba: the culture, the food, the beach, the beautiful landscape, the music, the vintage cars, the world-class entertainment, the Cubans…. I could go on and on with my list but you have got the idea here. Although it’s a bit of a difficult task when it comes to traveling abroad but nothing is impossible. If you are looking to get a Cuba VISA or a tourist card to explore this beautiful place, then you can apply for eVisa. It’s an effective way to travel around Cuba for 30 days, which can be extended depending on valid reason.

There can be multiple reasons to extend your visit like business, transit, short-term medical treatment, and tourism. Additionally, there is no restriction on the number of times an eligible country visa holder can enter Cuba. In this article, I have listed down my top-rated attractions and places to visit in Cuba. 

5 Top-Rated Tourist Attractions in Cuba

#1: Varadero