Hedge Fund CIO: “At Some Point, Through Inflation, War Or Confiscation, The System Will Restart”
TYLER DURDEN, 04 April 2021
Dusted off an anecdote from 2016 that explores the meaning of money. It is worth considering after a quarter in which the US dollar declined by more than 50% versus the dominant digital assets and the S&P 500 closed at an all-time high.
“People work in order to convert their time into a unit of account,” he said.
“We call that money, and it’s an invention that allows us to store time.” Continue reading “Article: Hedge Fund CIO: “At Some Point, Through Inflation, War Or Confiscation, The System Will Restart””
Max Keiser does not really understand what the monetary expansion has to cover.
Central banks are transferring wealth from the average person to the likes of Bill Gates and Jeff Bezos – RT’s Keiser Report
You have according to the BIS 600 trillion in derivatives against a 81 trillion dollar world GDP or a multiple of 7. The BIS coordinates only the banks so this figure does not include insurance company derivatives or others in private industry unless a bank is connected to the transaction so it is grossly understated. Some Swiss bankers tell me it is more like 1.2 quadrillion and others up to 2.5 quadrillion. 1.2 quadrillion gives you a multiple on the world GDP of 14 and 2.5 quadrillion a multiple of 30.
Continue reading “David K. Lifschultz: New Forms of [Wall Street] Treason?”
Robert Mueller charges lawyer with lying to federal investigators during Russia inquiry
News Corp Australia Network, 21 February 2018
ROBERT Mueller, the special counsel to oversee the investigation into Russian meddling in the 2016 election, has charged a lawyer with making false statements to FBI agents conducting the investigation.
Alex Van Der Zwaan, the son-in-law of Russian oligarch German Khan, made the statements in November 2017 when he was interviewed about his work with a law firm hired in 2012 by the Ukraine Ministry of Justice to create a report on Yulia Tymoshenko. Continue reading “Article: Robert Mueller charges lawyer with lying to federal investigators during Russia inquiry”