German Producer Price Index Hits Record High Inflation of 30.9%


The German Producer Price Index reached its highest level of inflation since 1949 topping 30% in March. The country’s Federal Statistics Office announced the figures on Wednesday. This is the agency’s highest level since it began collecting statistics 73 years ago. Who is the most responsible? Energy costs increased about 84% in comparison to the […]

FTX’s Sam Bankman-Fried to Give Away 99% of His Bitcoin

sam bankman fried

Thanks to the idea of “effective altruism,” which he studied in college, Sam Bankman-Fried, billionaire founder of crypto exchange FTX, has plans to give away the great bulk of his money. According to Bloomberg, despite owning a multibillion-dollar worldwide crypto exchange, the 30-year-old drives a Toyota Corolla and lives like a college student. He aspires […]