Elon Musk retweeted an except of Milton Friedman saying that inflation was a tax because it comes from printing money to pay for government spending. He has a large audience.
Elon Musk retweeted an except of Milton Friedman saying that inflation was a tax because it comes from printing money to pay for government spending. He has a large audience.
“And in the bills of credit issued by the authority of the United States in Congress assembled, at the rate of one hundred dollars in the said bills, for one dollar in specie.”
Forget 1970’s inflation. Here comes the 1790’s.
Trump’s “one, big, beautiful bill” is now before the US Senate. It is not popular with members of the Senate who want to shrink government, like Rand Paul. Elon Musk tweeted out that it was an abomination. The MAGA honeymoon is over. Hyperinflation or bust!
“Congress can do funny math- fantasy math- if they want, but bond investors don’t; and, this week they sent us a message. Moody’s downgraded our credit rating, and the bond investors who buy our debt- finance our debt- demanded higher interest rates on the 10-year note, 20-year note, and the 30-year note.”
-Kentucky Representative, Thomas Massie.
Pope Francis announced that 2025 would be a jubilee year. The jubilee comes from Leviticus 25 and involved debt forgiveness. Considering that Moody’s credit rating agency just downgraded America’s federal debt, this is a good time for debt forgiveness.
“Through every currency crisis in history, gold has preserved purchasing power. (Maybe THIS is why Trump made gold IMMUNE to the tariffs and why he KEEPS talking about America’s ‘Golden Age.’)” -Donald Trump, Jr.
The electric power grid needs to produce a steady level of energy to function. It can fail with too much or too little power. Because the energy produced by wind and solar can vary based on the weather, the more green energy that is used, the more the electric grid will fail.
The US economy is based on exporting dollars in exchange for cheap imports. At some point, China will dump treasuries in response to tariffs, causing interest rates to spike and for Americans to reckon with the debt. China is buying gold because they know that the Federal Reserve will keep printing money. Gold is money by [debt] default. History repeats.
Tucker Carlson interviewed former Congressman Curt Weldon and Canadian politician Maxime Bernier in April 2025. Both had comments on gold- or the lack thereof- in North Africa and Canada.
Bessent: And the fact that the entire global trading system- until Richard Nixon took us off- was tied to gold.
Tucker: So, you’re not anti-gold.
Bessent: Oh, no. No, no, no. When I had my [investment] fund, I think that people might have called me a gold bug.
On April 3, 2025, the Federal Reserve’s Atlanta branch reported that the USA’s Gross Domestic Product for the first quarter of the year (Q1 GDP) was down 2.8%, but that it was only down .8%, when adjusting for gold imports. If Mississippi wants to experience gold adjusted GDP, then the Mississippi Treasury should own some treasure.
We are going back to 1964 pricing for people with silver dollars, and hyper-inflation for everyone else.
Racism used to mean members of one race hating members of another race. Today, a racist is a white American who doesn’t vote Democrat. What is race and what is racism?
Trump: We hope everything is fine with Fort Knox. We’re going to go to Fort Knox- the fabled Fort Knox- to make sure the gold is there.
Reporter: Where would the gold have gone?
Trump: If the gold isn’t there, we’re going to be very upset.
The COMEX is making historic physical gold deliveries. They are sourcing the gold from the LBMA, who is sourcing it from London bullion banks and the Bank of England. However, it is taking the BOE 4-8 weeks to ship the gold that normally takes a few days. Is this a bullion bank run?
“I think we are in a long-term bull market in gold. I think we’re seeing reserve accumulation by central banks. I follow it closely. It’s my biggest position.” -US Treasury Secretary Scott Bessent, in an interview on Capital Allocators with Ted Seides, Nov 4, 2024.
President Trump announced that America was entering a golden age during his Inaugural Address as the 47th President of the USA. Indeed, he wants to lower interest rates, which is done by printing dollars. Printing money makes it worth less until it is worthless. Then, gold will replace the dollar as money.
Is Mayor Karen Bass a domestic enemy of the Constitution, helping foreign enemies of the Constitution invade the country? Arson is conventional warfare.
In Great Britain it has come to light that Pakistani immigrants have raped tens of thousands of children over the past 30 years. Revolution is in the air.
DOGE means the Department Of Government Efficiency. It is an advisory group to President Trump, promoted by Elon Musk and Vivek Ramaswamy to eliminate the parts of government that deport American jobs. However, both men came out in support of importing more immigrants to do the jobs that Americans can’t do. Why can’t Americans do these jobs?