{"id":53625,"date":"2020-06-12T06:58:25","date_gmt":"2020-06-12T11:58:25","guid":{"rendered":"https:\/\/olduvai.ca\/?p=53625"},"modified":"2020-06-12T06:58:30","modified_gmt":"2020-06-12T11:58:30","slug":"the-fed-needs-your-help","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=53625","title":{"rendered":"The Fed Needs Your Help"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/www.birchgold.com\/news\/the-fed-needs-your-help\">The Fed Needs Your Help<\/a><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.birchgold.com\/wp-content\/uploads\/manipulation-6-11-20.png\" alt=\"manipulation \" class=\"wp-image-17197\"\/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019s hard work keeping an asset bubble inflated. This is the biggest one in human history. The Fed needs your help. And you\u2019re not doing your part.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For starters, you can\u2019t go hoarding cash every time you get worried. The Fed tried to make this clear by pulling large bills from circulation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$10,000, $5,000, $1,000 and $500 bills went out of circulation in 1969. The $100 bill is the largest denomination today. Those are for foreigners.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Fed&nbsp;<a href=\"https:\/\/www.cnbc.com\/2019\/02\/27\/theres-been-a-mysterious-surge-in-100-bills-in-circulation-possibly-linked-to-global-corruption.html\" target=\"_blank\" rel=\"noreferrer noopener\">estimates<\/a>&nbsp;80% of $100 bills are overseas. 60% of all bills are overseas. It wants foreigners to hold savings in dollars, not you.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Granted, most of you are cooperative. Branding cash as only something a criminal would need mostly did the trick. The average young person has $10 in their pocket and keeps the rest on plastic. That\u2019s easier to control.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hoarding cash in a savings account keeps it in the banking system. That used to be good. Now it\u2019s a problem.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Every time there\u2019s a crisis, you can\u2019t go stuffing cash into the bank. That takes it out of the money system. This asset<a href=\"https:\/\/www.birchgold.com\/news\/crash-of-the-everything-bubble-is-here\/\">&nbsp;bubble can\u2019t shrink<\/a>. The walls start shaking. Things fall apart quickly.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to Bloomberg Professional Terminal, through May this year, there have been 99 major bankruptcies. That\u2019s in line with the average annual level of bankruptcies and we\u2019re only five months into the year. It puts the U.S. system on track to top the number of bankruptcies in 2008.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Airlines, cruise ships, rental car companies, department stores\u2026 they\u2019re&nbsp;<a href=\"https:\/\/www.birchgold.com\/news\/corporate-debt-may-be-an-economic-brush-fire-that-could-burn-out-of-control\/\">levered to the hilt<\/a>. If spending slows, they\u2019re doomed. The system can\u2019t handle defaults. They\u2019ll expose the true value of assets. That blows up the whole thing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Fed Needs Your Help It\u2019s hard work keeping an asset bubble inflated. This is the biggest one in human history. The Fed needs your help. And you\u2019re not doing your part. For starters, you can\u2019t go hoarding cash every time you get worried. The Fed tried to make this clear by pulling large bills [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[18769,29870,303],"class_list":["post-53625","post","type-post","status-publish","format-standard","hentry","category-economics","tag-birch-gold-group","tag-e-b-tucker","tag-fed"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/53625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53625"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/53625\/revisions"}],"predecessor-version":[{"id":53626,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/53625\/revisions\/53626"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}