Evening Reading - August 27, 2020

Hey Shacknews, it's time for Evening Reading. Let's officially close out our day of posting. Please take a look.

In case you missed it at Shacknews:

• Wasteland 3 review: One hell of a nuclear payload
• Black Ops Cold War beta keys going out during COD League Championship
• Tell Me Why review: Fairy tale twin magic
• All announcements, trailers, and reveals from Gamescom Opening Night Live 2020
• K/DA 'The Baddest' single launches from League of Legends virtual pop group
• TikTok's North American business rumored to sell at $20-30 billion
• Hellbound review: Good old-fashioned demon slaying
• Amazon Halo is an upcoming fitness wearable that scans your body and voice
• Dirt 5 Playgrounds hands-on: User-created chaos
• 2020 video game release dates calendar

Anybody else pushing their PC to the limit to play Microsoft Flight Simulator?😅 pic.twitter.com/kf4dpfdvT6

— Shacknews (@shacknews) August 20, 2020

And now... Other Stuff From The Internet!!!

Federal Reserve Chariman Jerome Powell just explained how this asset bubble will burst

Federal Reserve Chairman Jerome Powell laid out an aggressive new strategy aimed at getting millions of Americans back to work, signaling that the Fed will no longer raise the interest rates https://t.co/V93QcIidOb pic.twitter.com/FjGnGujtYQ

— Reuters (@Reuters) August 27, 2020

In a huge shakeup to current monetary policy, the Fed announced that the central bank will no longer target 2% long-term inflation. It seems that the Federal Reserve believes deflation is the true risk to asset prices. “Many find it counterintuitive that the Fed would want to push up inflation,” Powell said. “However, inflation that is persistently too low can pose serious risks to the economy.” Dallas Fed President Robert Kaplan told CNBC that he would be content with a inflation rate range around 2.25%-2.5%. The Federal Reserve is playing a dangerous game here, as they have never been able to rangle inflation when it gets out of hand. We will see if the deflationary pressures that exist due to the pandemic will change the outcome this time, but today's policy change is exactly what was needed to further inflate the asset bubbles in stocks, real estate, and some commodities like gold. Maybe this time stocks just go up forever?

Valorant: Apply directly to the forehead

One of the best clutches/plays in Pro VALORANT so far pic.twitter.com/9Ff5ciCi0y

— Haci (@DonHaci) August 28, 2020

I don't care for this game, but this seemed like a good play.

Shaqnews

Lost Woods - The Legend of Zelda: Ocarina Of Time pic.twitter.com/8LuoOALWdM

— DJ Shaq Fan Account (@DJshaqfanacc) August 27, 2020

DJ Shaq owns.

Kate's Cat Corner

did you know napping with a buttload of cats is the best activity in the world pic.twitter.com/ZyOUFnO4AH

— your buddy kate (@kateburning) August 27, 2020

Cute kitties!

when you want another white claw but you dare not move pic.twitter.com/WO797VH9GN

— your buddy kate (@kateburning) August 28, 2020

How about other cats?

hewo✨ pic.twitter.com/vFCn31fihH

— 𝕸𝖔𝖇𝖎𝖑𝖊 𝕾𝖚𝖎𝖙 𝕲𝖚𝖓𝖉𝖆𝖒 𝟎𝟎 𝕮𝖚𝖓[𝕿] (@microwavedbagel) August 27, 2020

Excellent!

pic.twitter.com/CNitBAz2Zl

— Travels & Nature 🌴 (@TRAVELxNATURE) August 27, 2020

Tigers are cats, right?

Dogs are cool too!

pic.twitter.com/r6H2B389ac

— 🐾 (@Cutestpuppie) August 27, 2020

Cute puppy!

He sleep pic.twitter.com/xxBkXV1776

— CJ Melendez (@CJMelendez_) August 28, 2020

Sleepy Bao.

Panda plus Gorilla!

pic.twitter.com/PdFQAJWiPy

— Leahbee (@vgLeahbee) August 28, 2020

Leah, why have your foresaken us?

Marc Rebillet on Slate's Thirst Aid Kit Podcast

"The Naughty Bob Ross" continues to be the most charming musician in the world.

Rodney writes a Fall Guys song about me

Enjoy my sad boy Fall Guys song. Entitled

"I'm Just no good at Fall guys" 😂😔 pic.twitter.com/FxXDOYkiiw

— Rodney Conyers, Jr (@rodneyconyersjr) August 28, 2020

I suck at that crappy game.

Reagan: Black Ops

The gameplay in the new Call of Duty Cold War looks great pic.twitter.com/H2zGdEb4BO

— War Criminal Respecter (@TheEpicDept) August 27, 2020

I guess no one should be surprised by the propaganda machine that is COD fetishizing Ronald Reagan.

Black Lives Matter

I know so many black fathers who feel exactly like Robert Horry

pic.twitter.com/eGAV2tY43w

— Jemele Hill (@jemelehill) August 27, 2020

As Chris Webber said yesterday, "If not now, when?"

Too much truth. pic.twitter.com/z4VYObKmG0

— Justin L. Hunte 🇺🇸🇺🇸🇺🇸 (@TheCompanyMan) August 26, 2020

There you have it, Shacknews. Your Evening Reading for August 27, 2020. Please consider subscribing to Shacknews Mercury to support our site for as little as $1/month. Here is a photo of Lola to brighten your night.

What are you up to tonight? Let us know in the Shacknews Chatty comment thread below.

Asif Khan

CEO/EIC/EIEIO

Asif Khan is the CEO, EIC, and majority shareholder of Shacknews. He began his career in video game journalism as a freelancer in 2001 for Tendobox.com. Asif is a CPA and was formerly an investment adviser representative. After much success in his own personal investments, he retired from his day job in financial services and is currently focused on new private investments. His favorite PC game of all time is Duke Nukem 3D, and he is an unapologetic fan of most things Nintendo. Asif first frequented the Shack when it was sCary's Shugashack to find all things Quake. When he is not immersed in investments or gaming he is a purveyor of fine electronic music. Asif also has an irrational love of Cleveland sports.