Thoughts From Heresy Financial and Lynette Zang 10-27-2022
The Fed is Hemorrhaging Billions of Dollars
Heresy Financial: 10-26-2022
The Federal Reserve is currently losing billions of dollars, whereas they used to have profits that they'd send back to the United States government.
This is causing many to be concerned about the solvency of the United States Central Bank, the Federal Reserve, and wondering whether the central bank that prints money might itself actually need a bailout.
Discussing Gold & CBDCs with Lynette Zang & Eric Griffin
10-26-2022
Viewer Questions:
Question 1: I have a loan with a variable interest rate. Will interest rates worldwide skyrocket eventually, therefore would it be wise to get fixed interest now when it is still low? How high do you think the interest will get?
Question 2: Given how the government has empowered itself to seize assets like Gold and silver in times of emergency, do you think it may prohibit the public selling of precious metals altogether in order to push everyone toward a CBDC?
Question 3: If gold is revalued at an extremely high price, how will dealers have enough fiat to buy the gold that people want to sell?
Question 4: In the future, if we moved to CBDC exclusively, would we be able to still buy gold and silver from dealers like ITM trading using the CBDC?
Question 5: You talk a lot about the IMF and BIS and reference their work in a lot of your videos. But I rarely hear you talk about the World Bank. What is World Bank? And do they play any part in this transition?