According to Forbes, there are around 806 billionaires in the US with a combined net worth of about $5.8 trillion. Even if the US government confiscated 100% of their assets with a wealth tax, it wouldn't even cover federal spending for just one year. It certainly wouldn't change the trajectory of the debt spiral, which is now an unstoppable trend.
The Great Monetary Pivot of 2024
Financial Underground
The Great Monetary Pivot of 2024
Gold called the Fed's bluff, and it has enormous implications for inflation and the future of the US economy.
You Can’t Taper a Ponzi Scheme
Financial Underground
You Can’t Taper a Ponzi Scheme
The implications of unsustainable government spending, skyrocketing debt, and inevitable currency debasement.
Dispelling Five More Myths: The Truth About Bitcoin https://financialunderground.com/articles/dispelling-five-more-myths-the-truth-about-bitcoin/
Governments, the media, academia, large corporations, and celebrities tout an imminent "transition" to EVs as if it’s preordained from above. It’s not. They’re trying to manufacture your consent for a scam of almost unimaginable proportions.
Doug Casey's International Man
3 Reasons There’s Something Sinister With the Big Push for Electric Vehicles
They’re trying to manufacture your consent for a scam of almost unimaginable proportions.
Many erroneously think that since there are thousands of cryptocurrencies, “crypto” is just another asset class like bonds or stocks, and they need diversification within that asset class. That would be like adding pyrite to your portfolio to diversify your gold holdings. https://financialunderground.com/articles/the-case-against-altcoins-3-reasons-to-stick-to-bitcoin-only/
The Race for Strategic Commodities in World War 3
Financial Underground
The Race for Strategic Commodities in World War 3
World War 3 is already well underway, even though most don’t recognize it.
Bitcoin Paves the Way for a New Era of Free Market Banking https://financialunderground.com/articles/bitcoin-paves-the-way-for-era-of-free-market-banking/
The Catalyst for a Banking Renaissance https://financialunderground.com/articles/the-catalyst-for-a-banking-renaissance/
The Catalyst for a Banking Renaissance https://financialunderground.com/articles/the-catalyst-for-a-banking-renaissance/