If you have a choice between believing the audio or the video, believe the video. In other words, trust what you see if it’s different than what you hear. Since Kevin Warsh stepped into his new role as chairman of the Federal Reserve, he’s been talking tough, insisting the central bank will not tolerate price..
Read moreLooks Like We Don’t Have to Worry About That Fort Knox Gold Audit!
I’ve got some fantastic news. We don’t need to worry about that Fort Knox gold audit anymore. Treasury Secretary Scott Bessent assured us all the gold is there. His comments came during an interview on Fox News. Host Jesse Watters asked the Treasury Secretary point-blank, “Have you visited Fort Knox?” "I haven't. People on my..
Read moreFed Pumping Up Money Supply at Record Speed to Monetize Massive U.S. Debt
The federal government continues to borrow and spend at a staggering rate. On March 1, the national debt pushed above $28 trillion for the first time. This rate of borrowing wouldn't be possible without the Federal Reserve monetizing the debt through quantitative easing. In practice, the central bank buys U.S. Treasuries on the open market,..
Read moreWant Economic Justice? Break the Federal Monopoly on Money
We hear a lot about income equality in the U.S., but very little about the actual root cause of wealth redistribution - government monetary policy. Through quantitative easing - essentially money printing - the Fed enriches bankers and the political elite while stealing wealth from everyday Americans via currency debasement. Since the creation of the..
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