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Economic Thoughts from Mike Maloney and Lynette Zang 6-8-2023

The IRS Can Now Do WHAT!?!? The New Ruling You Need To Know About

Mike Maloney:  6-8-2023

Is the ‘totalitarian tip-toe’ turning into a gallop?

Join Mike Maloney in today’s urgent video update as he sheds light on the latest powers that have been awarded to the IRS by none other than the Supreme Court.

https://www.youtube.com/watch?v=MgQnMFMXGcY

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BREAKING NEWS Q&A

Lynette Zang and Eric Griffen:  6-7-2023

VIEWER QUESTIONS:

Question 1: Would you please provide your advice on purchasing physical gold to those of us who are retired and are no longer earning an income? Many of us already hold the bulk of our assets in tax-deferred accounts and would experience considerable tax hits if we were to take large quantities of cash from those accounts to purchase physical gold.

Question 2: In your opinion, how soon before they eliminate our currency with a CBDC?

Question 3: Are the only mortgages that might be affected by LIBOR transitioning to SOFR are adjustable-rate mortgages? Is it correct that fixed rate mortgages will not be affected?

Question 4: When CBDC becomes law, what will happen to the banks? There will be no need for them since the Gov central bank will handle transactions.

Question 5: Given that the current financial and monetary system is quickly approaching its end, doesn't it make it obvious for the Federal Reserve to buy gold as much as they can?

https://www.youtube.com/watch?v=0CuD6XVg-RI

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