In today's headline story, Erin Ade reports on the deflation of expectations surrounding the Sochi Winter Olympics coverage by NBC. It seems NBC thinks its viewers are so locked in - even in the Internet age - that NBC can re-broadcast the opening ceremony 10 hours late, with commercial breaks.. and not have a backlash. But there has been one. Then, 2013 was a stellar year for US equities with near 30% gains. Economic growth in the second half of the year was well ahead of expectations. Underneath this rosy picture is an economy lacking in wage growth and job creation. Financial markets pundit Kyle Harrington talks to Erin about the US economy as well as wage deflation and the advent of wage arbitrage and robots in our global marketplace. Later, monetary and banking economist George Selgin discusses price and debt deflation. In 2002, Ben Bernanke was worried about deflation. At that time, he gave his most famous speech to date on how to prevent Japanese-style deflation from hitting the US. Bernanke's views helped convince the Fed to keep the Fed Funds Rate at a record low 1% before an overheated housing market forced them higher. Fast forward to today, and we have a new Fed chair, Janet Yellen, facing even similar challenges. Is our understanding of how deflation works accurate? Wrapping up our deflation theme, in today's "Big Deal", Erin and Boom Bust producer Edward Harrison discuss recent events surrounding Bitcoin - from a clampdown in Russia to a serious payments problem at Mt. Gox , one of the best-known exchanges. These events have seen the cryptocurrency fall precipitously in value. Also check us out on Facebook -- and feel free to ask us questions: http://www.facebook.com/BoomBustRT ... https://www.youtube.com/watch?v=LJbZopeqGHw

Is Cryptocurrency a security or a currency? Gary DeWaal helps us clear the air. Follow us on Twitter: https://twitter.com/RT_BoomBust https://twitter.com/bartchilton?lang=en Check us out on Facebook -- and feel free to ask us questions: http://www.facebook.com/BoomBustRT ... https://www.youtube.com/watch?v=t8z2NnVIPi8

In the wake of the most recent high-profile hacking of JBS's U.S. and Australian branches, many are already pointing the finger at cryptocurrency as the means for ransom payments. Cybersecurity analyst Todd Shipley offers his take on the recent string of hacks and how JBS handled its ordeal. (0:56) Plus, in the age of Dogecoin and GameStop, so-called "meme stocks" are becoming the new normal. Boom Bust's Christy Ai and Michele Schneider of Market Gauge offer their forecast for retail investors hopping on the trend. (10:01) And as the United States and many other developed nations are seeing their vaccination rates soar, developing nations are still struggling to inoculate their populations. Richard Wolff, host of the Economic Update, joins the program to speak on vaccine inequity and the rise of new billionaires during the COVID-19 pandemic. (20:22) #BoomBust #QuestionMore #RTAmerica Get exclusive content and watch full episodes now by downloading the Portable.TV app: https://bit.ly/DownloadPortable Check out our other shows! NO show does it like this. It’s TIME TO DO NEWS AGAIN with Rick Sanchez News with Rick Sanchez: https://bit.ly/NRSSHOW It’s her take on all things political and she presents ALL the angles: News.Views.Hughes with Scottie Nell Hughes, NVH: https://bit.ly/NVHSHOW What’s your NEWS IQ? Give us 30 minutes, and we’ll take you across the globe! In Question with Manila Chan, IQ: https://bit.ly/IQ_SHOW Steve Malzberg sinks his teeth into the slander, hypocrisy, bias and lies of MSM. MMM…Delicious! Eat The Press: http://bit.ly/EatThePress Candid conversations with the most outspoken guy in Hollywood! Dennis Miller + One! Dennis Miller Plus One: http://bit.ly/DennisMillerPlusOne Let our TV time-machine bring you the week’s highlights and a closer look at the BIGGEST stories, Just Press Play: http://bit.ly/JustPressPlayShow Yep, it’s Gov. Jesse Ventura and you’re living in his WORLD! Come along for the ride. The World According To Jesse: http://bit.ly/WATJSHOW They’re watching you. Are you watching them? Are you WATCHING THE HAWKS? Watching The Hawks: http://bit.ly/WTHSHOW Do you keep missing the forest for the trees? Let Holland Cooke show you the Big Picture, The Big Picture: http://bit.ly/TheBigPictureShow Follow us on Twitter: https://twitter.com/RT_BoomBust Check us out on Facebook -- and feel free to ask us questions: http://www.facebook.com/BoomBustRT Follow Christy Ai on Instagram: https://www.instagram.com/christai_ai/ Check out more from RT America! Eat The Press: https://www.youtube.com/playlist?list=PLagVUKF7CUTQsuWo5sCat5spbo2Cqfskm Dennis Miller Plus One: https://www.youtube.com/playlist?list=PLagVUKF7CUTQFiMl7qOaZ9L0Zkq_b9RF- Just Press Play: https://www.youtube.com/playli ... https://www.youtube.com/watch?v=ekSoSd9kBLo

ORIGINAL AIR DATE: January 7, 2015 To discuss the UK and the ECB, Erin sat down with Dr. Ann Pettifor – director of Prime Economics and author of “Just Money: How Society Can Break the Despotic Power of Finance." Recently, a shortfall in tax revenue for the UK government has called the ruling coalition's deficit reduction targets into question. Ann tells us whether the British economy is strong enough to meet Chancellor Osborne's deficit targets. Ann also gives us an extended analysis on Greece’s economic turmoil and predictions on what will follow the elections. Check us out on Facebook http://www.facebook.com/BoomBustRT https://www.facebook.com/harrison.writedowns https://www.facebook.com/erinade2020 Follow us @ ... https://www.youtube.com/watch?v=CfWi0nDxAHQ