The US federal reserve is the most profitable company in the world
(media.greatawakening.win)
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A number of countries are undertaking shaking the shackles of such central banks https://www.zerohedge.com/crypto/shot-heard-around-world-el-salvador-president-pushes-bill-adopt-bitcoin-legal-tender
There are some cryptocurrencies that are at least ostensibly backed by physical assets. I think all securities will likely be cryptos in the future. Imagine how easy the stock market becomes when all stock trades are made through the companies own "coin".
No more shorting, no more shenanigans. Just buying a stock because you like the companies fundamentals and prospects.
But yes, I agree with you. I believe wholeheartedly that all non backed cryptos are a trap. Fiat is as fiat does, no matter how many illuminati pyramids it has or doesn't have.
What will have value when the shit hits the fan? Gold..... silver..... lead. If you catch my drift.
Not for long. NCSWIC
wow
Can you tell me where the data is on the Feds profits?
Is that the interest on its loans?
Is there a way to track who gets paid that money?
I mean, I'm fairly certain I know exactly who, but I want to provide real evidence to others.
https://www.corbettreport.com/federalreserve/
Source: https://www.zerohedge.com/markets/most-profitable-company-world
Here is what the former head of the central bank of the UK and Canada yibbers about nationalpost.com/opinion/peter-foster-mark-carney-man-of-destiny-arises-to-revolutionize-society-it-wont-be-pleasant
Only $322 and 40 cents? Seems like a complete failure?