| This was a far more eventful news week than last. Facebook revealed its libra cryptocurrency project and senior Democratic lawmakers said, "Hell no!" The plan is for the Zuck Buck to be a blockchain-powered global currency that will allow users to send money and make payments around the world. Rodney shared details with Economy & Market readers on Tuesday and then offered some interesting insights into WHY Facebook et al are moving forward with this project on Wednesday. According to mid-week news reports, Democratic congresswoman and House Financial Services Committee Chairwoman Maxine Waters isn't happy about libra. As far as she's concerned, Facebook is infiltrating our lives way too much and needs to be checked at the door, if not stopped entirely. Good luck with that. Later in the week, it came out that Facebook has been in discussions with dozens of key players around the world, including the Fed, on its plans for libra. "They're looking into it," said Fed Chairman Jerome Powell. On Wednesday, Powell also said that the Fed is holding interest rates steady at 2.25% to 2.50%. Markets jumped on the news, but Economy & Markets Treasury expert Lance Gaitan warned that the Fed is wrong about the economy. It's as though they're not looking at the same world the rest of us see every day. As Lance wrote, "happy days are NOT ahead." (By the way, Lance has a new service called Tech Profits Accelerator that he's about to unveil. Stay tuned for more details about that over the next week.) No matter. Charles Sizemore shared details with readers of The Rich Investor about his new "FLEX-10 Portfolio" that could recession-proof your investments. If you missed that on Thursday, you can check it out here. This Week in Economy & Markets...  They lie, cheat, and steal? No way! In 2014, Puerto Rico issued $3.5 billion in bonds backed by the full faith and credit of the Commonwealth. Now the island's fiscal managers, a group known as the PROMESA board, an entity that Congress created, claims those bonds are worthless. While investors put down their hard-earned cash...
 As you know, the Federal Open Market Committee (FOMC) meets every six weeks to decide whether they need to change policy to coax our economy in the right direction. You also know that the Fed has a Congressional mandate to provide maximum employment and stable prices, which it works to achieve by manipulating interest rates....
 The dark days of 2009 now seem like forever ago. We didn't know which banks would survive. The Fed made all banks take bailout money so that citizens wouldn't know which ones were in trouble and then drain them of deposits. The Fed made bank stocks ineligible for shorting so that investors wouldn't drive their...
 With all eyes focused on Facebook's cryptocurrency reveal tomorrow, what the Fed will do this Wednesday, and Slack's IPO on Thursday, all of which we'll address in the coming days, let's turn our attention to another major issue that is silently unfolding: the great baby bust. More than any of the current hot events, it...
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