The term âhyperinflationâ conjures up doomsday images from history of people buying a loaf of bread with a wheelbarrow full of worthless cash. The breakdown of a market supersaturated with an unwanted currency that has lost all value is hyperinflation gone wild.
Podestaâs membership on the board of directors of Joule Unlimited was first revealed in research from Breitbart News Senior Editor-at-Large and Government Accountability Institute (GAI) President Peter Schweizer.
Essence magazine is back under 100-percent black ownership. Essence Communications announced Thursday that it was acquired from Time Inc. by Essence Ventures for an undisclosed sum. Essence Ventures was founded in 2017 by Richelieu Dennis, who also founded personal care company Sundial Brands, which owns beauty companies Shea Moisture, Nubian Heritage and Madam C.J. Walker. Time Inc. originally purchased a 49 percent stake in the magazine in 2000 from owners Clarence Smith and Ed Lewis before buying the remaining 51 percent in 2005, according to the New York Times.