No, I don't know that. He certainly makes more sense when it comes to the financial state of this nation than most.
No, I don’t know that. He certainly makes more sense when it comes to the financial state of this nation than most.
............
The fed is going to get away with the various QE’s—and there will be no problems at all. Zero zip nada.
Why not after all.
The fed created 5 trillion dollars fiat dollars ex nihilo from nothing.
Shouldn’t that collapse the value of the dollar and push the price of the gold to the moon.
Yes.
So why is neither happening. Why is the dollar tracking sideways. Why has gold been steadily fading for the last 3 years. Why are experts now saying that the moment the fed tapers and stops printing dollars—the dollar will start going up big time.
Where’s the upward pressure on the dollar coming from.
Think about.
Wait for it.
Do you understand that the fracking revolution has created something like 20-30 trillion dollars worth of wealth in the bank in the US...from NOTHING from zip zero nada. From no wealth came wealth. Same bit of dirt —just valued differntly. the oil patch created 20-30 trillion dollars worth of wealth ex nihilo from nothing just like the fed did.
The result is that the oil patch is adding something like 300 billion dollars annually to the economy or about 2% to GNP growth.
The USA is basically being re capitalized.