Rethinking the Dollar

The Treasury Department this week reported that the total national debt of the United States surpassed $30 trillion for the first time in history, an amount equal to nearly 130% of America's yearly economic output, known as gross domestic product. The eye-popping figure makes the U.S. one of the most heavily indebted nations in the world.

Thanks for watching this RTD Q&A ft. Kurt Wuckert Jr.  The #Bitcoin we see today is not the #BTC of old. Once the Shadow Government got involved through the banks and the creation of #stablecoins the entire narrative changed.  Subscribe & click the 🔔 icon to be notified for future video uploads.  d investment advice. The information shared is for the sole purpose of educati...

Today James Turk, author, investor & founder of Goldmoney.com, joins us to share his thoughts on the collapse of the Government, the failed currency experiment, and how all these events leads to the removal of our freedom.

Thanks for watching this RTD Q&A ft. Jack from Nobody Special Finance.  We discuss the top global economic events such as #China's real estate crisis, #Russia/Ukraine, #silver, and more.  Subscribe & click the 🔔 icon to be notified for future video uploads.

The #FederalReserve issued #discussionpaper as the first step in fostering broad, transparent public dialogue on CBDCs, potential benefits/risks of U.S. #CBDC.

Price controls are always mentioned after monetary policy drives up consumer prices and Government tries to come in to save the day. The problem only worsens because Fiscal and Monetary policy always leads to more price instability from confidence being lost in the currency.

China has warned the US and Europe against a rapid rise in interest rates that would “slam on the brakes” of the global recovery from the plandemic.

U.S. #inflation hit its fastest pace in nearly four decades. U.S. #retailsales dropped by the most in 10 months in December. U.S. #consumersentiment declined in early January by more than forecast. In the second big jump of 2022, #mortgagerates again rose to a high not seen since the start of the #pandemic.  The #FederalReserve is talking about tightening at the same time the #economy is show...

The December Consumer Price Index (#CPI) data was just released and it shows a 7% annual inflation rate. That's the highest #inflation in 40 years.  Households are starting 2022 from a precarious position. Their excess savings from the #stimulus programs are gone. The cost of living is skyrocketing. And interest rates are heading up -- which may trigger a market correction and possibly also a...

#EuropeanUnion governments will launch later this week a large-scale simulation of #cyberattacks against multiple member states. Participants will be confronted with attacks on their #supplychains and some spillover socio-economic effects in other member states, before having to coordinate public communications and diplomatic response.

The Bloomberg Commodity Index rose 27% in 2021, its best year in decades. Gold & silver sit at the crossroads of four of today’s biggest investment themes. Investors are concerned and trying to navigate their portfolios around inflation, the China contagion, energy & the Great Reset.

Chinese #realestate developer #Evergrande announced Monday that it was once again suspending trading its shares in Hong Kong.  With roughly $300 billion (around €265 billion) in liabilities, Evergrande has struggled to repay #bondholders and investors; its stock lost almost 90% of its value last year.

This year will be full of events to be concerned about, but the most important will be the global fiat currencies going up in flames from inflation. 

Inflation is expected to continue to climb and the idea of price controls has been floated by a Keynesian economist. Price controls have never worked in the past and will not work in the future. Expect more business closing and the start of a black market in the USA real soon.  

In the upcoming year, the economy might enter into “slugflation” (sluggish growth, sustained inflation) with debt burdens and housing shortages. During this episode of the M&M Show, we touch on why that might be the case or worse. 

The global debt pile now exceeds $300tn - three times GDP - that burdens the world. The problem is that debt ultimately has to be repaid or, more likely, rolled over. The modern financial cycle gyrates with the tempo of debt maturities. A renewed dose of QE, or a ‘Powell Put’, seems the inevitable remedy for the next stock market sell-off. Future growth of global liquidity has seemingly become ins...

CEOs and corporate insiders are dumping stock at a far faster rate than we've seen in recent years, and the twist is, they're ramping up selling as their own companies engage in record stock buybacks.   In November, insiders unloaded a collective $15.59 billion - an all-time record...

Thanks for watching the Mike & Mario Show. Subscribe & click the 🔔 icon to be notified for future video uploads. Join us for the next live on air and make sure to bring a topic.   Join the RTD community on Telegram and Discord to get information not allowed on YouTube: RTD Telegram: https://t.me/rethinkingthedollar  RTD Discord: https://discord.gg/5c6tS3TZD2 RTD  Email List...

The American Takeover faces some pushback for now. No Supreme Court Packing or Communist Comptroller for now. This is definitely good news....

Biden is using the sanctions card to threaten Russia over allegations of a Ukrainian invasion. The threat of being removed from the US payment network 'Swift' doesn't carry as much weight since Putin has de-dollarized the nation a long time ago. Will Russia counter the monetary attack with gold?

In the countries where the currencies are tanking, precious metals are going parabolic. Silver price in the Turkish Lira is a great example of why having real 'sound' #money helps when #Governments fail. Today on Mike & Mario we touched on the latest events from medical tyranny to currency crises globally.

The month of December is being set up to be a crazy month. We have the Maxwell trial, a new variant & the Federal Reserve backed into a corner on their taper narrative. What could go wrong?

The markets are tanking and it just so happens to be at the announcement of a "new" variant. The economy was slowing down well before now and more counterfeited currency is coming. 

After 35 years, Dollar Tree has announced it will begin charging $1.25 for the majority of its products at all of its locations nationwide by the end of April. The announcement comes as Dollar Tree has seen "broad consumer acceptance" of new price points above $1 during its initial testing phase at more than 100 legacy stores.

The cost of providing a traditional Thanksgiving turkey dinner to 10 people in 2021 is 14% higher than a year ago. Rising by $4.60 from 2020's $19.39 to 2021's $23.99 for a 16-pound bird, turkey alone accounts for nearly 72% of the year-over-year increase in the total cost for the meal.