In God We Trust! The Fed – Not So Much….

Since we went off the gold standard (1971), our currency reads, “Federal Reserve Note.” It’s a paper promise from the Federal Reserve, an independent agency owned by the banks. The value is derived from good faith which is quickly losing ground worldwide. Flip it over and you see, “In God We Trust.” OK, but…. Trust the Fed? Nope! The Phony […]

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The Wolves Are Devouring The Sheep

The Fed leaped into action when the Silicon Valley Bank (SVB) failed, and Congress quickly agreed they were derelict in their duties. No one asked why the Fed doesn’t act to keep us safe? The Fed’s website tells us: “What is the purpose of the Federal Reserve System? The Federal Reserve System,…’the Fed,’ is the central bank of the United […]

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The Fed “Doth Protest Too Much.”

In 2010, The Huffington Post reported: “WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring down the financial system. ‘If the crisis has a single lesson, it is that the too-big-to-fail problem must be solved,’ Bernanke said Thursday while […]

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Witnessing History on the Deck of the Titanic

Does anyone believe that people standing on the deck of a sinking Titanic would be overcome by the emotion of “witnessing history”? I believe survival would be more appropriate. I opened my inbox and found MarketWatch and four other publications referencing a Bank of America Merrill Lynch (BOAML) report “Interest Rates at Lowest Level in 5,000 years”. CNBC goes one […]

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