Rethinking the Dollar

The United States Mint (Mint) today announced it will forgo the production and sales of Morgan and Peace Silver Dollars in 2022.  This calculated pause is directly related to the global pandemic’s impact upon the availability of silver blanks from the Mint’s suppliers.

“It’s possible to have more than one reserve currency.” This has profound consequences for you and your savings, more on that in a moment. Russian banks have been kicked out of SWIFT, the system to send international wire transfers.  All of this is a big problem for the US government, which reaps an enormous amount of power because the US dollar is the world’s premier reserve currency. It wou...

The flexible cut of the CPI—a weighted basket of items that change price relatively frequently—increased 19.76 percent (annualized) in February. If we added the U-3 unemployment rate, we get a MISERY Index under Biden of 23.56%, the highest in modern history. Worse than Carter-era inflation and malaise.

The London Metal Exchange doesn't expect to resume nickel trading until at least Friday in response to the turmoil in the market, after prices rose above $100,000 for the first time Tuesday in the largest move ever on the exchange.

#Commodities prices are at record levels as the response to the C-19 mixed with geopolitical crises unfold. The problem could worsen for the world if prices in all of life's essentials continue to rally. 

#StateDepartment counselor Derek Chollet said the allied nations that have joined in #sanctioning Russia represent a combined 50 percent of the global #economy; #China accounts for around 15 percent. If China tries to help #Russia evade sanctions in the wake of #Moscow’s invasion of# Ukraine, it will face countermeasures, a senior US State Department official said on Thursday, without providing de...

The United States and other Western countries have embarked on an economic war against #Russia as a result of President Vladimir #Putin's attack on #Ukraine.  The latest sanctions are aimed at sparking a banking crisis, sending the Russian economy into a deep recession, and overwhelming Moscow's financial defenses in accordance with the Global American Empire's #agenda.

#CentralBankers fear the public awareness of #gold and now #Powell calls it speculative like cryptocurrency. The monetary illusion is falling apart after 50 years since the gold window was closed by #Nixon. It looks like cutting off Russia from the fiat currency world is forcing gold back into the light.

Anti-Russia #sanctions are accompanied by market volatility, rising gas prices, and a global "flight to quality". That could have negative ramifications on the global #economy by impeding the transactions that facilitate trade. The #interconnectedness of the global monetary system is revealing how fragile and weak the markets are during these times of extreme #volatility. If one nation falls the e...

The month of March has been very chaotic and while the world focuses on the Russia/Ukrainian conflict they have left out the most important financial news which happens to be #BankRuns. There has been three #banking crises in a two week timeframe and you should be concerned.

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.