Tag Archives: Federal Reserve

The Fed is Printing Fake Money to Support a Fake System

The term fiat money refers to a currency that has value solely because a government or central authority has declared it to be legal tender. Fiat money is not backed by a physical commodity like gold or silver but rather by trust and confidence in the issuing authority. Fiat money is indeed created by central […]

The Banking Sector is Risky and More Regulation is Coming

A bank failure occurs when a financial institution becomes unable to meet its obligations to depositors and creditors, leading to its closure and liquidation. It signifies that the bank’s assets are insufficient to cover its liabilities, resulting in a loss of confidence and stability in the institution. Bank failures can happen because of insolvency, poor […]

The Advantages and Disadvantages of a Gold Standard

The gold standard is a monetary system in which a country’s currency is directly linked to a fixed quantity of gold. Under the gold standard, the value of a currency is determined by the amount of gold that can be exchanged for it. For example, if a country’s currency is linked to gold at a […]

Banking Crisis — The Story is Far From Over

In March 2008, Bear Stearns went out of business. Before their collapse, both the Treasury Department and the Fed insisted that the housing sector and the economy were just fine. After Bear Stearns went under, the Fed used its magic behind the curtain to push buttons and click keys. In June of that year, Treasury […]

The Financial System Is Drowning in Debt

Would this be a healthy business to invest in or better yet would this be a good entity to back your money: The total debt of this entity is a minimum of $31 trillion; it’s probably over $200 trillion. Assets owned are roughly $4.8 trillion. These assets are the result of debt and fake money. […]

Reckless Money Creation Is the Main Reason Many People Own Gold

Many reasons are given for wealth preservation through physical gold. We have talked at length about inflation, government debt, and a bubble in stock and bond markets. The mother of all bubbles has now been inflated to obscene levels because of abnormally low interest rates for an extended period, even negative rates in some instances, […]

Absolute Reasons to Own Gold

The Fed has controlled the money since 1971. In 1971 the US dollar was taken completely off the gold standard and became complete fiat. Alan Greenspan came to the rescue in 1987 as the 13th Fed chairperson. As everyone knows by now, we have to say chairperson, not chairman. When a female Fed chair is […]

The Inevitable Demise of the Paper Dollar

Since the consumer price index was first used in 1919 as a key measure of inflation, it has been modified at least 18 times. Many argue that the goods measured are not representative of the true increase in living costs. Recently President Joe Biden announced that inflation dropped to zero percent despite double-digit annual increases […]

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