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~ Quotables ~ "There is no clean way to make a hundred million bucks. Somewhere along the line guys got pushed to the wall, nice little businesses got the ground cut out from under them. Decent people lost their jobs. Big money is big power, and big power gets used wrong. It's the system." ~Raymond Chandler , The Long Goodbye -
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Author Archives: admin
U.S. Trilogy: Debt-Based Dollar and Economy, Stablecoin Digital Currency, BRICS New World!
Over a century ago the United States Congress approved a deceitfully promoted Federal Reserve Central Bank, which then established a new debt-based monetary system. Its concept of creating and introducing ever more currency into a country which had little debt, … Continue reading
Kamala Harris’s Inflationary Legacy
Inflation is the gift that keeps on giving – if you’re in the business of writing headlines, that is. For everyone else, especially those navigating the grocery aisles, it’s an unwelcome houseguest that refuses to leave. And who, you might … Continue reading
…’Low Inflation’ my Ass-ets!
Sometimes I have to ask myself if the people in charge actually know how to read. Honestly I’m not entirely sure. Perhaps they know how to read… but they choose not to do so. Because it’s pretty obvious no one … Continue reading
The Federal Reserve Does Not Own Gold
Historically — as during the days of the classical gold standard – central banks maintained stocks of gold to facilitate the conversion of gold-backed national currencies. Those days are long gone, but in modern times, many central banks continue to … Continue reading
This Isn’t The End For The Financial Markets – The Truth Is That This Is Just The Beginning Of The Chaos…
If you are surprised by what is happening in the financial world right now, you probably haven’t been paying much attention. Stock prices were obscenely high and many investors were massively over-leveraged. The Dow Jones Industrial Average plummeted by more … Continue reading
Snyder: Donald Trump Says That A Great Depression Is Coming… He Is Right!
Do you believe Donald Trump? He is entirely convinced that if we stay on the path that we are currently on we are heading into a “great depression”, and many believe that he is right on target. Unemployment is rising, … Continue reading
Kunstler: …and Suddenly Things Change
“The global economy is becoming unburdened by what has been.” ~ Jordan Schachtel on “X” That two-by-four upside our country’s head you’ve been waiting to get whomped with? Looks like it’s landing now. We got a banger in 2008, but … Continue reading
The Wheels Have Started To Come Off For The U.S. Economy …and The Worst Is Yet To Come!
For a long time, there was a lot of denial about the direction that the U.S. economy was heading. The Biden administration and the mainstream media just kept insisting that everything was just fine even though everyone could clearly see … Continue reading
What is Money?
Money is supposed to be representative of all the goods and services that the country has produced in an entire year. A “buck” is referred to as a “buck” because in the early days of American money, a dollar was … Continue reading