Every central bank in the world is on a FIAT currency, so if every central bank creates money out of thin air or prints it digitally, how can a country declare bankruptcy, if they can just print more money?
Unless the fiat returns to its true value $0.
Cc: @federalreserve
Defence attorney of JP Morgan’s Nowak in the current US federal trial is none other than David Meister, former Head of CFTC Enforcement Division (2011-2013). The same Meister while at the CFTC, ‘found no evidence’ that JP Morgan rigged the silver market. https://t.co/lIGyo52SBw
Everyone hears about Boomers, Millennials, and GenZ but do you ever wonder what happened to GenerationX? Find out by watching a little “GenX Gamer”! #genx#nintendo#90s#nostalgia#gaming#nes
https://t.co/Xd2THdZ8yK
There comes a time you need to fight for what you believe in. Stop the war in #Ukraine. Join the rally for peace in #Kingston. Don’t let people like @SecBlinken and @SecDef, both who made fortunes off wars, lead us to peril against Russia
#Gas prices are up 100% food prices are up 50% #inflation isn’t going down, NOW it’s just not going up as fast. This is what you call is lying with statistics.
#greatfiatponzischeme
If mining companies started to take deliveries of #comex#silver and sell back the physical product over spot, they could possibly drain the comex and eventually the paper manipulation would be forced to end due to rapidly depleting metal.
Interesting theory
It's rare, but politicians and central bankers sometimes (accidentally) tell the truth.
This week, Jerome Powell claimed The Fed has little understanding about inflation, and are 'surprised' that counterfeiting trillions caused prices to skyrocket!
Are they really surprised?