Economics and Investing:

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SurvivalBlog reader CPL sent in the link showing IRS inflation adjustments for 2016 taxes.

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Items from the Economics Team:

China Cuts Rates for 6th Time Since November (Fox Business)

Reflections on Venezuela’s Economic Miracle (Mises Institute) Hint: Don’t expect a follow up from Salon

Wall Street Investment Banks may be about to Lose one of their Best Customers (Business Insider) Hint: Banks have been cashing in on the price of your prescriptions in a big way for a long time!

Why China’s Rate Cut Won’t Slow Its Economic Decline (Zero Hedge) Hint: The cake has already been baked!

Food Banks are at Risk of Becoming Mainstream (The Guardian)

Morgan Stanley: 7 Biggest Risks to the Global Economy (Business Insider)

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