Jim Rickards is sounding the alarm on what he’s calling the “greatest cover-up in American financial history.” According to Rickards, a $150 trillion “national trust” as he calls it—hidden for over 160 years—could soon be unlocked, thanks to a quiet but pivotal Supreme Court decision.
(www.globenewswire.com)
🧐 Research Wanted 🤔
Maybe this is all part of Trump's plan to cancel income tax. 10% tariffs can bring in $300B/yr. Paying off the ~$36T national debt would save $700B in interest payments every year. The US took in $2.4T in personal taxes last year. Getting rid of waste and fraud and downsizing govt. and bringing mfr'ing and good paying jobs back might make up the difference. If we use this national trust/minerals to pay off the debt or most of it, it could lead to more wealth in investments, business growth and the taxes they pay.
Part of the debt is with[in] the FED to float the FRN disguised as USD.
Reserve currency status has its perks but also its drawback: Perpetual debt. So, there is a necessity to reshaped the global financial system in order to pay it all off, and keep it from recurring again. ...
Yeah. Makes sense. Lease, and have them return the land to pristine condition after it is up. Like I see on the show Gold Rush in the Yukon and Alaska.