How did you get that awesome Trump Punisher icon next to your name? I would love to have that if its possible. Do you have to get a certain amount of upvotes or something like that?
In 1968 the dollar was pegged to gold at $32/oz. Then TPTB disconnected from the gold standard and the word "inflation" was born.
Today the price of gold is right about $2000/oz. That means that gold is now 62 times more valuable than before 1968. Put another way, your dollar is now worth about 1.6¢. Feeling the sqeeze yet?
There is no earthly way that the Federal Reserve can guarantee everyone's deposits. Commenters here are focused on the inflation, because that was the gist of the article quoted, and yes, printing money causes inflation. However, we are talking several orders of magnitude difference as I pointed out in my other comment.
This is a Federal Reserve panicking. They are trying to appear to be doing something, but their measly 25 billion, which is certainly inflationary, will literally cover just over 0.1 % of the money held by the public.
They claim they are calming the public, but I don't believe them. AT ALL.
Do you feel safe yet?
Of course, most of the public will probably not withdraw all their money. Most can't, because it is invested in say: real estate. And to divest that, would mean putting themselves out of their own homes. So there is a buffer. But what if 1% of people wanted their money in cash now? That is nearly ten times the 25 billion figure.
I see that the rot is spreading as more banks have stopped trading. The noose is tightening.
Side note: don't forget that President Trump pulled the Federal Reserve into the US Treasury, which he controlled.
Speaking of: this looks like a CONTROLLED demolition. The Cabal should appreciate that since they like controlled demolitions.
Sticky for how dangerous and destructive our own Fed Reserve just became.
It has to get worse before it can get better.
People can't be told. They must be shown.
Inflation will be the rude awakening for millions of Americans.
Yep. Nothing gets normies and LIV's engaged in current events like their pocketbook.
If you are comfortably numb, you are not going to act to the idea of it getting worse.
Your situation would have to get worse than the idea of it being worse. Only then will people act.
👆Found the guy in the thread who stockpiles ammo.
How did you get that awesome Trump Punisher icon next to your name? I would love to have that if its possible. Do you have to get a certain amount of upvotes or something like that?
In 1968 the dollar was pegged to gold at $32/oz. Then TPTB disconnected from the gold standard and the word "inflation" was born.
Today the price of gold is right about $2000/oz. That means that gold is now 62 times more valuable than before 1968. Put another way, your dollar is now worth about 1.6¢. Feeling the sqeeze yet?
Nonsense. The Federal Reserve is in no way “our own”. It is privately held.
Does anyone know who owns it?
GC
I know your not allowed to mention their race.
Kek
The ADL has entered the chat
👃
Judah fornicated with Tamar, his son's widow. Sounds a lot like the Biden crime family.
There is no earthly way that the Federal Reserve can guarantee everyone's deposits. Commenters here are focused on the inflation, because that was the gist of the article quoted, and yes, printing money causes inflation. However, we are talking several orders of magnitude difference as I pointed out in my other comment.
This is a Federal Reserve panicking. They are trying to appear to be doing something, but their measly 25 billion, which is certainly inflationary, will literally cover just over 0.1 % of the money held by the public.
They claim they are calming the public, but I don't believe them. AT ALL.
Do you feel safe yet?
Of course, most of the public will probably not withdraw all their money. Most can't, because it is invested in say: real estate. And to divest that, would mean putting themselves out of their own homes. So there is a buffer. But what if 1% of people wanted their money in cash now? That is nearly ten times the 25 billion figure.
I see that the rot is spreading as more banks have stopped trading. The noose is tightening.
Side note: don't forget that President Trump pulled the Federal Reserve into the US Treasury, which he controlled. Speaking of: this looks like a CONTROLLED demolition. The Cabal should appreciate that since they like controlled demolitions.