“Have Fun Staying Poor” – Bitcoin Standard’s Ammous Warns “The Dollar Is Over… The Fiat Bargain Broke Down”
“For me, the dollar is over. The Fiat bargain broke down… …Show me what you’ve done with your portfolio with your bonds with your stocks over the last five years and how has it outperformed Bitcoin. Have fun staying poor.”…
Banks in Trouble: The 25 Largest U.S. Banks Are Seeing the Largest Fall in Deposits in 38 Years With No Signs of Letting Up
BanksterCrime: By Pam Martens and Russ Martens: August 7, 2023 ~ Deposits at the 25-largest domestically-chartered U.S. commercial banks peaked at $11.680 trillion on April 13, 2022, according to the updated H.8 data maintained at the Federal Reserve Economic Database (FRED)….
RFK Jr. Vows to Back Dollar With Bitcoin, Exempt BTC From Taxes
The Democratic presidential hopeful also reiterated a May stance defending the right to self-custody bitcoin, run blockchain nodes at home and promising industry-neutral energy regulation. By Camomile Shumba CORRECTION (July 19, 13:30 UTC): Clarified that RFK Jr. was speaking about…
In The Long Run… We Are All Alive
In 1976, economist Herbert Stein, father of Ben Stein, the economics professor in Ferris Bueller’s Day Off, observed that U.S. government debt was on an unsustainable trajectory. He, thus, established Stein’s Law: “If something cannot go on forever, it will…
Will Modern Monetary Theory Blow Up The Dollar?
“As long as the government can print money, we’ll never be broke.” That’s the idea behind modern monetary theory (MMT) in a nutshell. Naturally, many of the nuts in Washington are starting to get behind this unhinged notion. That includes members of…
The End Of The Dollar As We Know It?
These same money changers were associated with others who engaged in shady business practices in the temple courts. Some sold sacrificial animals, overcharging people who did not bring their own. Others were in charge of examining the animals to be sacrificed,…