[delta7]

There is no fixing senile Joe’s weaponizing the USD, the world has realized if they don’t do as the US says, they will be locked out of SWIFT, assets will be confiscated ( stolen), and they will be Sanctioned.

There is nothing President Trump can do about this, he knows we are in a pickle. His Stable coin scheme is a knee jerk reaction to find buyers for our unwanted debt instruments, which fund our governments day to day operations…..throw in the upcoming Debt budget battle in Congress on Sept 30th, and we have a disaster in the making.

Does anyone think the Democrats will come to any budget agreement? They most likely will vote against any of Trump’s proposals, possibly resulting in a government shutdown.

[goodnesswins]

Well...this time we may get REAL government shutdown...

[econjack]

Congress needs to stop spending our money to get themselves re-elected, and the average American has to come to grips with the concept that there is no such thing as a free lunch. Congress gets away with this because far too many Americans buy into the "Tax the Rich" and "Tax the Corporations".

Wake up, people!

The rich (income > $445,000/yr) already pay 74% of the total IRS collections while 50% of Americans (income < $46,000/yr) pay less that 3% of IRS collections. Yet, it is the rich who invest in this system, provides a rising standard of living through economic growth and creates jobs. As to corporations, where do you think the money comes from to pay those higher taxes? It's from you the consumer. So when you idiots march around with your signs with these slogans on them, they show me you don't know squat about economics or how the real world works and Congress is playing on your stupidity.

[ComputerGuy]

Same here.

[Worldtraveler once upon a time]

--- "For the first time since 1996, foreign central banks hold more gold than U.S. "

An interesting assertion begins this article. But consider, our United States is 1) about four percent of the population of the globe, 2) based on various sources, about 30 percent of the global debt, and 3) about 25 percent of the global GDP or PPP, as one chooses to view things.

Nowhere in the above comparative and VERY approximate numbers, is this nation greater than half of anything. Therefore, the first sentence is silly, silly, silly. That the "foreign central banks hold more gold than U.S" -- the remainder of the world -- should be no surprise to anyone.

The bottom of this website's splash page states the MEDIA company's address is:

P.O. Box 2599 · Eagle, ID

Interesting, then, that this site wants your CURRENCY by selling METALS through its site.

It's M A R K E T I N G.....

[Socon-Econ]

You can’t eat gold or use it to produce things. What really matters is whether we have a free, growing economy and productive human capital.

[Uncle Miltie]

I just wish I could buy and sell in units of VTI.

[allendale]

The private citizens of India and China have far more gold than their central banks. They don’t trust their banks, currency or governments. Soon Americans will behave in a similar manner. America’s huge government debts, unfunded liabilities and private unpayable debt is rotting the dollar.

[shooter223]

[Bon of Babble]

I’m wondering if there is any gold left in Ft. Knox.

I suspect not.

[sauropod]

.

[enumerated]

I’m confused. I thought we didn’t know how much gold we had.. did someone do an audit?