US Debt Clock - Out of Time
(www.usdebtclock.org)
Comments (6)
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Only problem with that asset backed money is that those things don't belong to the government. They don't own any of those things they would back the dollar with.
What about Trump making an oz of gold worth 24,000 by selling dollars for an oz of gold.
Doing this will take our reserves to about 6T from 800m So for every ounce they buy it's a wash.
But I assume that that this type of transaction will get us down maybe 70% to a manageable position versus our national debt.
And would match perfectly with what you said which is gold will end the Fed.
Thoughts?
Do we think the debt clock people are insiders to the plan or just ordinary people like us that are fed up with the current fiat system?
WH's definitely.
I think that they are insiders.