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Max discusses the financial headlines with France24. US unemployment numbers better than expected, markets rally. Max offers his opinion on how Treasury bonds are sold.
Would anyone like to discuss what the last several administrations have done to the US economy?
The Federal Reserve, the Bretheren of the Central Banks you too are saddled with, have inflated currency and GDP's across the globe.
The root is Taxation and the desire for government to push monetary supply, then velocity, then tax rates to feed their coffers.
Remove that ability to tax citizens work, you will relieve us all of the troubles they have concerned.
Please remind people what MONEY is. It is an exchange medium for People's TIME and EXPERTISE. Giving away money without a single Unit of Human Capital behind it will sink everyone.
And PLEASE remind folks that the US has not had a Free Market, that would have never allowed this garbage to take place, since 1934. The advent of the IRS and the Federal Reserve along with the add-on Alphabet Soup Nazi's, particularly the EPA, FDA, USDA, FLM et al have not allowed a Free anything and has been instituted to drive prices higher and earning lower - all the while providing greater and greater governmental control for nearly a CENTURY.
Every Socialist scheme implodes upon itself. The time of the US and maybe the worlds scheming is about up. At least we can once again learn from the mistakes of allowing Peerless Groups (UN, World Bank, IMF) to control so many with no consequence to their negative actions and bad intentions.
We need to have an "America-Thon." That way we can raise some money. If every man, woman and child on this planet contributes $100 to America, boom, we're fine. Problem solved.
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China and several other nations understand the value of issuing global reserve currency. That which was once good as gold was no longer so when the fixed exchange rate was removed. Any national currency which pegs to gold and does not fiddle with the fixed rate of exchange will be a global reserve currency. It matters not whether the gold is stored in vaults or on the fingers of citizens. Banks will be required to maintain gold reserves to redeem paper issued against it.
👉Jobless Claims And Evictions Soaring to Historical Record Highs !! We have never seen anything like this in our history. Banks falter. Infrastructure crumbles. Schools closed. Retail sales are tumbling. Consumer spending plummeting. System fails. Small businesses giving up and going under for good.Especially those with high fixed overhead, restaurants, bars, gyms. It is going to take years to recover from that. Corporate America is more indebted today than ever before. And an average of one million Americans are losing their jobs every and each week. Overall, 57.3 million Americans have filed new claims for unemployment benefits over the past 22 weeks. All this while Law and Order are crumbling. Say hello to the depression. The number of people who newly lost their work and filed for initial state or federal UI in the week jumped to 1.43 million. A rate of 6 million a month. And you can add to that another 543,000 for new claims filed under a separate program for self-empl
Would anyone like to discuss what the last several administrations have done to the US economy?
ReplyDeleteThe Federal Reserve, the Bretheren of the Central Banks you too are saddled with, have inflated currency and GDP's across the globe.
The root is Taxation and the desire for government to push monetary supply, then velocity, then tax rates to feed their coffers.
Remove that ability to tax citizens work, you will relieve us all of the troubles they have concerned.
Please remind people what MONEY is. It is an exchange medium for People's TIME and EXPERTISE. Giving away money without a single Unit of Human Capital behind it will sink everyone.
And PLEASE remind folks that the US has not had a Free Market, that would have never allowed this garbage to take place, since 1934. The advent of the IRS and the Federal Reserve along with the add-on Alphabet Soup Nazi's, particularly the EPA, FDA, USDA, FLM et al have not allowed a Free anything and has been instituted to drive prices higher and earning lower - all the while providing greater and greater governmental control for nearly a CENTURY.
Every Socialist scheme implodes upon itself. The time of the US and maybe the worlds scheming is about up. At least we can once again learn from the mistakes of allowing Peerless Groups (UN, World Bank, IMF) to control so many with no consequence to their negative actions and bad intentions.
We need to have an "America-Thon." That way we can raise some money. If every man, woman and child on this planet contributes $100 to America, boom, we're fine. Problem solved.
ReplyDeletetouche above anonamous, touche indeed
ReplyDeleteWake-Up America - the fun is over!
ReplyDelete