What Happens When The World No Longer Wants, Or Needs US Dollars?

Chuck Butler and I recently discussed how government deficit spending, and monetizing the debt has caused a worldwide awakening. Inflation is killing the value of the dollar, and our creditors understand that. But wait, there’s more! The interview continues…. DENNIS: BRICS used to stand for Brazil, Russia, India, China and South Africa. Global Research reports, Doomsday for the Buck? A […]

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Push The Handle, Raise The Chain, There Goes The Dollar…

Since the 2008 bank bailouts, government spending, deficits and debt have hit historic proportions, with no end in sight. US debt was around $9 trillion in 2008, and will soon hit $45 trillion. How can the political class justify such irresponsible, outrageous behavior? Congresswoman Alexandria Ocasio-Cortez (AOC) (former waitress and bartender) advocates the Modern Monetary Theory (MMT). Investopedia defines MMT […]

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What Does Really Matter?

Recently our friends at WHVP published an eye-opening article, The Swiss View: “It doesn’t really matter that much” discussing Fitch downgrading the US credit rating: “Fitch announced that they downgraded the credit rating from the U.S. from AAA to AA+. ….(citing) the suspended debt ceiling and the high debt-to-GDP ratio. …. While the announcement itself is already worrying, it is […]

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Generational Wealth – Fact or Fantasy?

Generational wealth is assets passed from one generation to another. A family business, stocks, bonds, real estate or other valuables are typical examples. These generally transfer when a family member dies. This is different from the soft issues like family values, education, love and family, which begin the transfer process at birth and continue through a lifetime. The Federal Reserve […]

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The Financial Epiphany

I recently interviewed my nephew James about building wealth. His experiences were similar to mine, explaining wealth accumulation can be accomplished by paying off your debts; not only high-interest debt, but also paying off your mortgage as soon as you can. I was in my late 40s the first time I filled out a Retirement Plan Income Calculator. After carefully […]

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I Can Feel It in My Bones…

This is one of the most difficult articles I’ve ever written. It’s from the heart, and I’m worried. Premonition is defined as, A strong feeling that something (generally unpleasant) is about to happen, “He had a premonition of imminent disaster.” If an intuitive, imminent, gut-wrenching premonition (fear) grips your mind and body comes true, you will never forget it. I […]

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The Generation X Retirement Report Card Is Scary!

Early Generation Xers (1965-1980), age 58, are nearing retirement, while the younger (43) folks are turning the corner into their peak earning years. The National Institute on Retirement Security report “The Forgotten Generation: Generation X Approaches Retirement” indicates the majority are FAILING to save anything close to enough to retire comfortably. Even with 401k programs available their entire careers, most […]

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Fiat Currency Should NOT Be Blind Belief – Part 2

Congress just keeps spending money we don’t have. It took just five weeks to add $1 trillion to the national debt after Congress authorized yet another increase in the debt ceiling. The US debt clock projects our borrowing out to 2027 – it is scary: It now takes over $1 trillion in taxes just to pay the interest, which has […]

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Fiat Currency Should NOT Be Blind Belief

Governments worldwide are creating currency, “Fiat money”, out of thin air to pay the bills; which historically leads to inflation. In a recent interview Urs Vrijhof-Droese explained: “Worldwide government spending programs,…pushed inflation even higher and is taking a toll. …. In the long-run I believe, the EU and US government spending behavior will have a severe impact on their credibility, […]

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