Thomas Jefferson… Benjamin Franklin… George Washington – would any of them recognize in the United States of America any trace of the country they tried to establish? Better put away the guns and lock the ammunition before comparing Trump or Clinton to the Founding Fathers; you are just inviting serious depression.
Largest Theft in History. As expected, Ms. Yellen smiled this week, announcing no change to the Fed’s extraordinary policies. For the last eight years, she has been aiding and abetting the largest theft in history.
Central banks – in the current system – can create unlimited amounts of fake money. They can use this money to buy real financial assets.
Theoretically, they could buy all the world’s stocks and bonds. And theoretically, they can leave the feds with almost complete ownership of the planet’s capital.
Ms. Clinton is raising record amounts of money – $80 million in a single month. Big corporations, banks, military contractors, rich people – all are pitching in…
As reported in German newspaper the Frankfurter Allgemeine Zeitung, for the first time since the Cold War, Germans are being urged to stock food, medical supplies and, significantly, cash.
Republican presidential candidate Donald Trump promised to reform the U.S. tax system. His proposals are nothing new – simplification… fewer brackets… eliminate loopholes for rich people.
We’re talking about money. And the problem caused by the Fed’s phony-baloney credit-money. It has led to a worldwide debt bubble – $300 trillion worth.
And like all bubbles, it’s going to blow up. When it does, we predict, there will be Hell to pay.
Money is the measuring stick. It tells us what things are worth… how much we can afford to invest… what is worth doing and what is not.
The term Deep State is not original to us. It was first coined to describe anti-democratic elements within the military, the intelligence services, the judiciary, and the mafia that controlled the real levers of power in Kemalist Turkey.
Under a gold standard, the amount of credit that an economy can support is determined by the economy’s tangible assets, since every credit instrument is ultimately a claim on some tangible asset. […] The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to […]