Loading ...I was doing a transfer into a popular online Brokerage last week. After the transfer went in, there was a time where it got double-counted for some reason. I joked with the broker that I was going to consider the new balance permanent, as “my stimulus” – we laughed.
I said it really is no different than what the govt is doing with their stimulus checks – creating Trillions with a few keystrokes. He got serious and said he had never considered that before.
How many other really smart people are just like him and have no idea of how money is created, I wonder?
Silver is mis-priced.
Minimum wage $15/hr. = 1 oz. Silver/hr.
Consider if every min. wage worker would demand their pay in ounces – instead of Federal Reserve Notes (or alternatively converted their FRNs to ounces immediately).
It wouldn’t take but days before the FRN price of silver hit a much higher number.
Perhaps one good thing to come out of the Corona “Crisis” is that people are learning EXACTLY what services and items really are “essential”. If the productive people supplying these things stop what they are doing, things get real – fast.
Is it a dream that if every productive person would demand to be paid in honest money – the RIG could be defeated very quickly?