JUNE 7, 2022

Full News Archive

• Headline: Exploring Bitcoin's Trustless Nature. Impact: In a twist of fate, the skepticism surrounding Bitcoin's trustworthiness led to the rise of the 'Trust Fund Kid Coin'—a currency backed by actual trust funds of wealthy millennials. The irony? It became a hit among those who didn't trust anything unless it had a hefty price tag.. Fact: Did you know that many people still believe Bitcoin will make them instant millionaires? Spoiler alert: it's more like playing the lottery but with more anxiety and fewer scratch-offs..
• Headline: Misidentification of Jordie Jordan's Image. Impact: The misidentification of Jordie Jordan sparked a bizarre conspiracy theory that he was actually a time traveler sent to warn us about the impending doom of 2020s pop culture. This led to a cult following and a line of merchandise featuring his face on T-shirts that read 'I survived the Uvalde rumor mill.'. Fact: Fun fact: Every time you misidentify someone online, a conspiracy theorist gets their wings. So, thanks for the boost, internet!.
• Headline: Yellen Defends Pandemic Spending as Inflation Persists. Impact: Yellen's defense of pandemic spending caused a ripple in the financial world, leading to a new economic theory: 'Spend now, pay later'—which, shockingly, resembles a teenager's approach to credit cards. This became a popular mantra for economists everywhere, especially during their lunch breaks.. Fact: Did you know that most of the money spent during the pandemic was on things like toilet paper and sourdough starter? Guess that’s what you get when you let people stay home with their credit cards..
• Headline: Global Growth Will Be Choked Amid Inflation and War, World Bank Says. Impact: David Malpass's grim forecast led to a global panic that triggered a renewed interest in barter systems. Suddenly, people were trading baked goods for gardening tips, and the world entered a 'Great Cookie Exchange' era, leaving economists scratching their heads.. Fact: Fun fact: The last time a world leader made a grim prediction about inflation, the only thing that rose faster than the prices was the number of DIY candle-making kits sold online..