Naturally, when the Fed counterfeits new dollars to do this, the value of the dollars (that Americans work so hard for) drops. Prices also rise and the standard of living of Americans falls.
Does this sound like a good deal to you?
How can a government, that's $28 trillion in debt, spend trillions of dollars that it does not have? Well, one major way is the Federal Reserve creates money-out-of-thin-air and then 'loans' it to the government by buying the government's bonds.
Bitcoin crashing. Great news. When price hits $27,000 I may start buying again. Lot will depend upon global-macro environment. Remember the problem is not gold, silver, or Bitcoin. Problem are the incompetents in government, Fed & Wall Street. Remember gold was $300 in 2000.
Is the @USTreasury stopping the @usmint from buying gold too? These are proof coins but why aren't they available and why are their prices almost $1000 over spot?
WTF? 🤔
This is ABSOLUTE BULLSHIT!
How can the price of silver remain flat after news of a $US 6 TRILLION BUDGET was leaked to the New York Times?
This MUST be the SMOKING GUN for anyone who doubts that the price of silver is SYSTEMICALLY MANIPULATED!
U.S. Congressman Seeks Full Audit of America’s Gold Reserves
“Given the dramatic levels of debt-financed spending by the federal government and the potential this could trigger an inflationary nightmare, ensuring America’s gold reserves are both secure..
https://t.co/TI0VPvIBOq