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 🤔
If everyone became an overnight millionaire then who would grow the weed for potheads to indulge upon? Who would make the whiskey for these new millionaires to sip or taste test? Who would drive liberals to work on city busses in the big cities? I see lots of downsides, especially to the lower class of people. They wouldn't know how to spend it, wisely, but that would be their own problem after they pissed their money away on useless pursuits. They can go back to flipping burgers at McDonalds and try to rise to be President of the United States, I guess.
When everyone is a millionaire, no one is
I was just thinking this morning about a line from a very old musical, along the lines of Gilbert and Sullivan "If everybody's somebody? Then no one's anybody!"
You had me until the part about liberals working.
Liberals have to work in order to produce the tripe NPR sends over the airwaves.
"Liberals working." Can't get my mind around that one.
Good post. If there is money to be distributed among the United States Citizens maybe structure it so for every dollar you earn, you receive 5-10 in an account for retirement. A hard working Country is a strong Country. Add yearly bonuses for immediate cash on hand………
You are right. A better answer is to buy back the debt (i.e., discharge all debt obligations) and replace Federal Reserve Notes with gold specie or certificates. In other words, create deflation of lowered prices for everyone.