Saturday, February 10, 2018

Money News: Gold Backed Dollar, Bear Markets, Fractional Banking

Gold Backed Dollar  - The only way this will likely happen is if a crypto dollar is created in the manner of bitcoin.  Rather than gold how about oil.  Anything that can be done to avoid a Yuan dominated financial world is better for the USA, and possibly better for the West.  In the end though, unless gold backed,  fake money in the form of paper will be as useless as fake news.  It will revert to zero.

The Worst Bear Market in our Lifetime - The buildup of debt will destroy our money and our economies.  This is the essence of what most doom predicting economists are saying.

Fractional Reserve Banking - Why we're at risk.


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