Federal Budget
Monetary Gold Breaking Down America’s Debt, the Dollar’s Decline, and the Rise of Gold W/ Stephen Gardner
Monetary Gold’s David Schroeder joined Steven Gardner for his second appearance, and the two had a wide-ranging conversation about the economy and the direction of the country. They talked about Washington’s nonstop spending, the growing national debt, and how borrowing trillions each year puts pressure on the dollar. Schroeder pointed out that central banks around…
Read MoreCurrencies and Central Banks Chart Breakdown
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Read MoreBank of America Warns: The U.S. Dollar Is on the Verge of Collapse
The U.S. dollar has long been considered the backbone of the global financial system — a symbol of strength, stability, and trust. But according to Bank of America’s recent warning, that perception is rapidly unraveling. The bank has raised alarms that the dollar is not just under pressure, but on the verge of collapse, after…
Read MoreFed Governor Touts FedNow as Alternative to CBDC
The Fed’s upcoming payment service fulfills many of the same purposes as a CDBC. Key Takeaways Governor Michelle Bowman said today that the Federal Reserve’s FedNow service could be ready by mid-2023. She suggested that the payments service addresses the need for a central bank digital currency (CDBC). She also said that the Federal Reserve…
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