A Monetary System as Good as Gold
Gesara.news » News » A Monetary System as Good as GoldNews Date: July 16, 2020
The gold standard provides a better anchor for inflation expectations without an obvious cost in terms of lower output or higher unemployment.
The gold standard isn't perfect. No system is. But it has many virtues. A strong case can be made that it's the best of all feasible institutional alternatives. Lawrence White, puts it: The gold standard is still the gold standard among monetary systems.
The Fed is going to buy stocks. I do not know precisely when , but it will happen, and probably soon. It does not want to buy stocks but knows it is too dangerous to rule out. Since financial markets are like teenagers - continually testing boundaries - expect the Fed to keep getting pressed on this issue.
The administration is also looking at cuts to income taxes for lower and middle-income individuals, as well as cuts capital gains taxes.
In the United States, Flag Day is celebrated on June 14. It commemorates the adoption of the flag of the United States on June 14, 1777.
Happy birthday, President Trump! Have a good one! You are going to be a winner in Arizona today.
The Central Bank is failing to push the great reset, it was completely countered by the patriots. But once the people are awake this will be very difficult.
The MSM is now losing, the public is now seeing the truth, the people have a front-row seat to it all. The patriots countered the pandemic, the great reset, war, and now the Patriots will be going after their system.
Sources: www.zerohedge.com, www.bitchute.com