the been in my phone and i don't i just saw up dollar a former isis fighters and they're now boarding a philippine naval ship with this have been done in $900.00. just aren't abdulla still don't know what's waiting for them. can i

get a hold of me . ready ready this is bus one business, so you can't afford to mit i'm branch bore and i'm rachel blevins in washington. coming up has a cdc, takes a step back on lifting restrictions, summer warnings, the us could you walk down once again. we'll take a look at how the rise encoded cases is impacting the ongoing recovery slot does matter or reserves meets to debate when and how they should address changing their policies. but is it a little so late as inflation continues to store them?

bitcoin has fallen after amazon respond to report that the e commerce giant was ready to dep, the world's most popular crypto currency for payment will fill you in on all the details. fact. so today i've read it and we leave the program with the possible economic impact of rising coven, 1900 delta. various cases with the united states. seeing a surge in the moving average of daily cases over the last week, can with that bank of america. believe this could cause a quote, sharp pullback in services spending. in the report published on friday, the economists worry that amid the latest wave areas may be forced to reinstate restrictions, which were recently relaxed, this would take a major toll on the leisure and hospitality sector, which has continued to see job gains in recent month. and it's not just be of a for that matter. goldman sachs accountants. ronnie walker sent a note to clients on monday, sharing the same concerns. cutting the banks forecast for economic growth in the

3rd and 4th quarter of this year by one percent to 8.5 percent and 5 percent year over year respectively. so we'll get to the economic issues caused by the latest wave momentarily. but 1st, let's take a look at the surge in cases of the delta barrier and the state of the global vaccine world with dr. japanese of factory and specialist at the vanderbilt university medical center. dr. shafter. thank you so much for coming on. now. we haven't had you on since the delta very cause the surge in many countries, even becoming the dominant variant in many parts of the world. we keep hearing how it's more contagious, but less deadly. how does this differ from the coven strain that we saw over those last 18 months, or at least at the onset of the pandemic? what do we need to know there? well, branch, the, the original strain was terribly contagious. the current strain is even more so. you know, when you get infected with this, with this delta variant, it produces much more virus in your throat, up to

a 1000 times more. so when you exhale, you put out much more virus into the environment. that makes it much more contagious. you're much more likely to spread it to other people and it's running through the country. hits the dominant strain today across the country. now let's talk for a moment about vaccine distribution. we know that the ion, that's how it's world economic outlook update on tuesday. and the agency's chief economist had this to say about vaccine distribution worldwide. main, hiding equitable access to vaccines. there being about 3 and a half 1000000000 shots, and i'm so flaw. but most of them have gone to a few countries. and you have many low income countries in developing countries, what even health workers haven't been fully vaccinated. now, dr. schaffner, when we're talking about this ongoing inequality, how big of an issue is this for dealing with a highly contagious strain of coded?

well, it's clearly a major issue and it is one that causes many people, myself included, great pain, not only for humanitarian reasons, but also for self interest. you know, we are dealing with a pandemic. that means it's a global epidemic. and these variance that may in the future evade our vaccines, tend to crop up anywhere. and the distance from there to here is very, very brief. so, actually, we want to control this outbreak this pandemic everywhere in order to feel safer at home also. so we need to work even more collaboratively with countries around the world to get them vaccinated while we're continuing to struggle to vaccinate our own people. and now i want to continue on with kind of some news that's happening tuesday here in the united states. the centers for disease control and prevention have updated their guidance to call for fully back their people to begin wearing

masks indoors again in places with high transmission rate. what exactly does this mean? i mean, obviously we know that means you have to wear math in places, but are we at risk of going back to restrictions we saw throughout the early stages of the pandemic. what concerns are they seeing that's actually making this happen? well, but what's happening is that they are seeing the virus. this delta vary and be so contagious. it's causing an increase in cases across the country, not everywhere exactly the same, but there's an increase all over the country with resulting increase in hospitalizations. and they would like to curb this, so one of the things that they're doing is recommending that local health authorities, if they see cases really rising up, they have the permission with the backing of the cdc to institute more local restrictions so that even vaccinated people when they go indoors these more high

risk areas, everybody should wear a mask to prevent transmission and dr. shafter quickly cuz i was want to follow up on that as well as i mean, are we at risk of seeing the, the heavy restrictions come back or is it, is it maybe a situation where now we've learned a little bit how to deal with a highly contagious strain, whether that is masks reinstating social distance thing, but you know, we are an economic show, so not having to shut down the economy the way we did last spring print. i don't think anybody will want or would really accept shutting down the economy as seriously as we had to do last spring. so this is a step back, but it's a step forward in the sense that we are trying to get ahead of this virus by vaccination. and these other things, if we're concerned about further restrictions across the country,

we need to look to our neighbors and friends who are not get vaccinated. it's in that population that this virus is being transmitted very, very aggressively. we need to get more people fascinated across the country, just as quickly as we can now on that topic of getting people vaccinated. we're also hearing a lot of talk about vaccine booster shots. is that something that we're likely to see? and is that kind of the case where people would mix different brands of vaccines or how do you think that will play out will down the road for sure. it's likely that will lead a booster in the near term. not so much because 1st of all, our protection that we get from the vaccines is continuing 9 months to a year. it looks very solid and we still haven't had, fortunately, a variant that evades the protection of our vaccines. those would be the 2 major criteria for boosters and down the road. sure. i think we'll be able to mix and

match. we need to get some more data before we can say that with assurance. but the need for boosters that's down the road. the need to get people to get their 1st dose. that's job one right now. dr. william shafter of the vanderbilt university medical center. thank you so much for joining us today and, and bringing a little clarity to the topic. thanks. sprint. from the state of the global recovery to the progress being made here in the us. the federal reserve is meeting this week to discuss when and how they should pull back on their pandemic policies . with some official saying it's still too soon. won't others warn? it's already too late, but while chairman powell continues to claim that skyrocketing prices won't be around for long, the i m f is now warning that may not be the case saying that central banks may need to take action sooner than expected. in the case of monetary policy, central bank should avoid prematurely tightening policies when faced with

transitory inflation pressures, pressures should be more prepared to move quickly if inflation expectations show signs of d n, correct. so what does that warning mean for the u. s. central bank and we'll the fed deliver any surprise move this week. joining us now. this is danielle g, martina booth c o of quote intelligence. now, danielle, we continue to hear more of the same, but i mean, it's a new month. so what can we expect from the fed, and do you think that there will be any surprises this week? i think that the fed is going to, to lean on this latest. this is latest variant of the virus and the potential that it has to slow the economy as a reason to say that it is still having discussions about when it's going to start reducing the pace of its purchases. but that they're not there. they're not at the place quite yet to where they're going to make an announcement as to when that might begin. we're looking for that probably more realistically to occur at the end

of august with the jackson hole symposium when when, when sure paul speaks. and daniel, it seems that the fed is basically as admitted in a recently, that they are divided out a timeline for monetary policy. but, you know, as you just mentioned, we're seeing these increased cobra. 1900 cases specifically of the delta vary rising and talks of restrictions being increased once again, as we just mentioned. how does that come into play when inflation is at its peak as well? well, it makes for a very toxic bruce, since you asked the question. we're talking about stagflation here in the potential 1st declaration. you know, i don't think most us households are quite aware of the fact that we're kind of the honeymoon is over when it comes to stimulus. check 1.0, stimulus check 2.0. stimulus check. 3 point. there's no 4.0. there's no encore coming, and in fact today, cox out of automobiles came out and said that they anticipate that july car sales

will be down for a 3rd straight month. and we're, and at the same time we're seeing rental inflation. co star came out with data today in the 3rd quarter rental inflations running it at 9 percent in mid tier properties. luxury apartment rental inflations, running at 12 percent blistering pace. and this morning we heard from case chillers that home prices in united states are running its 17 percent over the prior 12 months. this takes out the peak of the prior housing bubble that we saw years ago. so the fed has a real issue want to hand if it's going to see slowing economic growth. but at the same time, a sticky kind of inflation in housing, which is a 3rd to 40 percent of your average us household budget. that stack place neary brew and it will be very problematic for policymakers. wow. now speaking of that honeymoon being over, what about housing markets? i mean, home prices were up by record 16.6 percent in may and with the federal ban on eviction coming to an end this week. are we likely to see the fed pull back on his

purchase of mortgage backed securities? well, i think that is certainly the way that the script would read if the fed was being a little bit more rational about housing and the effect that monetary policy is having on housing will do it. due deference to people who say that that the, the mortgage backed securities, quantitative easing, is not having an effect. a record number of homes have been sold to investors in the past in the past quarter. and that compares to again, the housing bubble peaks that we saw. these investors are buying homes with all cash, but they're using the feds easy money policies to finance themselves and lever up again. fed policy is doing very direct damage to the housing market. and the most direct way that they could try and staunch this is to take their purchases of mortgage backed securities. the biggest risk is the markets are addicted to

liquidity. they want $120000000000.00 every month. they don't want the fed to taper anything. and that is the needle that j powell is going to have to try and thread at tomorrow's f one seed press conference. so absolute, if you're selling houses, if you are a bank lending on mortgages, of course you want them to keep pumping that money. and so people keep coming in, they keep buying, they keep pushing those prices up. everybody in the housing industry for the most part wins except for of course the buyer. danielle, now i want to talk about this because this goes along with that. you know, obviously there's a concern that if policy has the wrong thing or the fed ex to abruptly, it's going to have a drastic impact on the market. but when we continue to see record high after record high, isn't that ball inevitable at some point? and i mean, who, you know, it's going to happen, the markets will eventually have to correct, we know this, but why is it the fed responsibility to even continue to prop up markets with all of this? no, it never has been the fed responsibility to act as

a back stop to speculation. to act is backed up to the stock market. in fact, that's exactly what j. powell said initially in his term, when he was trying to normalize monetary policy and failed to do so. and at that moment we all knew, oh, my gosh, the markets are addicted in the fed can never take their foot off of the accelerator. they can't even tap on the brakes, and that is a real dilemma for, for fed policymakers. i, i don't envy them, but at the same time, this is the dilemma of their own making. this is a dilemma made by fed policy in the 1st place. and you have to say to yourself, at some point, is there going to be a balance, or are we going to just continue stoking financial instability that is going to make the eventual downturn that much more disruptive to the real economy in video before we go, i have about 30 seconds left for this last answer, but i do have one last question. you bet your drill power term is up in february. there's a lot of talk that biden will likely re nominate him for another term. is that the

right loop and we talk about all of these issues, you know, whether it's the right move or not as a moot point, because genic jaelyn has put her weight behind reappointing j power because she wants to make sure that there's continuity in policy. you know, to me, at least because of the magnitude of the financial bubble that we're staring at today. i would say that it's time for a change of leadership, but my opinion is not going to count very much. if the bite administration is already on board with treasury secretary yellen green inside as always, danielle dean martino, who thank you so much for your time today. thank you. and so now for a quick break, but when we come back, amazon has responded to report that it will accept big coin and other crypto currency as payment will take a look at how the response is affecting prices. that's going to break the numbers at the close the

algorithm. so neural networks have been following us everywhere. we look online because our relationships are what matters most of us and that's how we find meaning and how we make sense in our place in silicon valley. see, don't mention in their sleep presentations. however, i think ghost workers who train the software humans are involved in every step of the process when you're using anything online. but we're sold, as is miracle of automation behind your screen. it's variable workforce that feeds algorithm for next to nothing. on a very good day, i could do $5.00. now. a really bad day. i could do 10 years workers removable by

design. it's about labor costs, but it's also about creating layers of lessening responsibility between those who solicit the kind of work and need it. and those who do it much of history is about patterns that are ebbs and flows of political passions. most of the time these passions are negotiated through compromise. other times there is people violence and even separation. the idea of succession today is not far fetched. we are witnessing of cultural succession and separation couldn't go even further the welcome back a day after we told you about a report that amazon is planning to begin excepting bitcoin and possibly 7 other crypto currencies in the near future. the

e commerce job has now officially denied that report, an amazon spokesperson put out this statement. notwithstanding our interest in the space, the speculation that has ensued around our specific plan for crypted currencies is not true. we remain focused on exploring what this could look like for customer shopping on amazon. that deny was enough to halt and even reverse bitcoin big rally over the past day. decrypt current, these largest in 6 weeks joining just boom bus, co host ben swan and christy christy. i want to start with you on this. so amazon says it's not true, but the report was not just based on an insider. it was also based on job postings that amazon for a digital currency and block chain lead. so what does that tell us? well, i think amazon is denying it, but not fully deny and maintaining that they still have interest in the space. so i do think that they mean by that is they're denying the fact that the,

like the report said yesterday that they were imminently, as soon as next year we'll be starting to accept big coin and potentially their own coin. so i don't think that is true. i think that is a very fast rollout schedule for amazon. so i believe that in their denial, they're saying that the timing is uncertain here because the job posting that is a very, very legitimate reason that animals on looking at it. because as you know, they're taking, they're taking a page on facebook page facebook playbook because facebook came out the libra association. they drummed up all this hype only to have the entire project. basically be dead on arrival. so amazon doesn't want to repeat of that. and so the potential job post the, the hiring of someone as a block chain lead that will, that would potentially lead up to potentially an amazon coin, or maybe even accepting bitcoin on their marketplace. but i do think that they will need to take a step back and do a lot more due diligence and actually figure out how they're going to approach it from a regulatory point of view rather than be just another complete flop like facebook's was now been what's your take on this,

do you believe that amazon is not truly planning to accept that coin or are they focus instead on their own digital currency? i think the 2nd one is the most likely scenario. i think it's most likely that amazon is looking to do it, and i think they probably will, by the way, except the point in the future. i think they will accept theory and some of these others. but i think their ultimate plan is to create their own token, and we talked a little bit about this yesterday, something i want to clarify. so as long as amazon create a token is traded only on a platform and does not leave the platform. i mean, chris, the referred to allie baba's alley bucks yesterday. so same type of thing, right? as long as it remains on the platform, amazon can do that, right? because it's just a token, it is not treated as currency as soon as it leaves the platform. it moves to an extreme being traded outside of the platform, then it starts to become a currency and then you have all kinds of regulators getting involved in all kinds of regulation you have to deal with. so i think it's much more like what amazon

will do with, except on some level, some form of crypto currency payment, but i think they're much less interested in that than they are. and having a token i system where there are digital dollars only within their ecosystem that you can purchase and that have value there so that it encourages users to be there and to stay there. and. and by the way, one other important point here we talked about yesterday as well. amazon is a company that has many, many shareholders who care about what they're doing and how the company is moving forward. and they're not going to get excited at the idea if the se, in getting involved in any things they're doing, or if he has to go be called a photo congress, the test, they're not gonna like any of that. yeah, what's interesting is one of the biggest things amazon has criticized about was learning from other merchants on their platforms. so it will really be interesting to see if they tried to use other crypto currencies to then learn for their own amazon token. now kristi, looking through another story back in february, we reported that tesla bought $1500000000.00 worth of coin and the company's new

quarterly report. tesla said that a $23000000.00 bitcoin related impairment caused some drug on his quarterly operating income. what do we know about that? well, it was an impairment simply meaning that has doesn't report like many of the other tech companies in which they mark to market their assets. so this means that tests will only report losses or gains once they've actually been realized. meaning it's sold or divested it's bitcoin and as we know of so far, it's only sold about 10 percent of its brick when holding back in q one. in this latest report, it's mentioned that it hasn't sold or bought any big point in this latest quarter. so without any movement, they're treating bitcoin essentially like an inventory asset, which is how they're in the gap accounting role is how it's basically being define . this is very different than how a lot of other tech companies treat assets, other tech companies. they always mark to market their stock at the end of every single quarter by using market cars. so it's very interesting that tesla is doing

this via their accounting, but they do have legitimate reasons by saying that it is treating it like an inventory act. it could mean that they are using it could be another signal that they would be using bitcoin as a payment asset later on in the future. and been another story we've been also reported in the past about el salvador becoming the 1st country in the world to make big coin legal, tender. now the i m f appears to have made a bit of a veiled threat regarding decision in their july update. what was said, and we have about 45 seconds for you. yeah, it was kind of interesting. you know, you know i am a comes off like a mob, right? so they don't ever name of salvatore. specifically here. it's like, you know, really, and it's been like, hey, this is probably a bad idea and nobody wants to get that's what i thought was like basically saying, now salvador, listen, this is bad for merchants. and you know, they want to be able to spend time being creating new products and, and working with their customers not deal with all these currency issues. so this

might be bad, not just for emergency bad for the whole. busy country, it might be bad for your economic, but it sounds terrible. it comes off like a bell thread, even though they never named el salvador specifically. it just seems like they're saying don't do this or else. we know the i m f has such a great track record in latin america. boom bus been swan and christie. i thank you both for bringing this down for us. thank you. and finally, nasa once you've been asked or not on the moon by 2024 and jeff davis wants to be a part of the action. the blue origin founder who just returned from his 1st 10 minute trip to space is now calling for his company to be allowed to join the contract that was previously awarded to space x and you on month and an open letter to the administrator of nasa. they those offered to waive $2000000000.00 and fees over the next 2 years, as long as blue origin is allowed to contribute to the development and launch of nasa lunar lander,

while nasa originally awarded 10 month contract space ex blue origin and dianetics before choosing space x alone for a nearly 3000000000 dollar deal phases argued the agency should continue to allow competition in order to get the best possible result. now of course jeff pays us makes this a right this open letter to nasa about a week before it's expected that the government accountability office is going to rule on that contract, which eventually went to space x. they essentially suspended it while they researched what the concerns that dynamics and blue origin. of course, nasa also said they're not going to weigh in on this until that is all resolved. but it's kind of hard to figure out exactly what blue origin and bases are getting at here. i guess the assumption would be that they figure will eat $2000000000.00. we'll spend our own money to do that just so we can be part of the lunar lander, because when blue origin logo is on the surface of the moon, that might be the option. absolutely,

and $2000000000.00 is nothing to them. not to jeff bay though. i know that all his money, but come on and that's it for this time you can catch boom bus on demand on the portable tv app available smartphones and tablets to google play in the apple app store by searching portable tv. we'll see, you can also be downloaded on samsung smart tv using roku devices or simply check it out portable dot tv will see you next time. i want to make note borders and the blind number please. as emerge. we don't have authority. we don't actually, the whole world needs to take action to be ready. people who judge, you know,

governors crisis and we can do better, we should be better. everyone is contributing each in our own way. but we also know that this crisis will not go on forever. the challenge is paid for the response has been massive. so many good people are helping us. it makes us feel very proud that we are together in hadn't been in my phone. and i don't, i just saw under the dollar format isis fighters, and they're now boarding

a philippine naval ship with john $900.00 jeff, aren't abdulla still don't know who was waiting for them to do? can i get a hold of me having those with me in the

me dares thing we dare to ask me. ah, with a lower daniel hailey sentenced 45 months in prison for leaking classified details about america drone assassination program. we speak to so fellow whistleblowers. when we kill civilians and then put in the official report that they weren't children, for example, they were goes, that is a war crime. it's really a war on truth. not just with the government is that war with its own people? germany's rockpoint huge explosion and industrial bach, housing, chemical company, environmental concerns about the plume of black smoke that's been created full of

potential talks in.