USD And Petrodollar “News and Views” 6-18-2024
Gold Is The Solution To Monetary Lies & Theft | Newman
Liberty and Finance: 6-17-2024
There's growing awareness about the corruption in the monetary system.
Precious metals, sound money, are the only solution to the lies and theft that plague our current financial system.
In the U.S., gold and silver are becoming legal tender in numerous states.
The potential to use debit cards backed by gold is emerging and could cause a revolution in money, says Alex Newman, journalist, author, and educator.
INTERVIEW TIMELINE:
0:00 Intro
1:07 Lies & theft
6:43 AI development
11:27 His name
14:42 Gold & sound money
Petrodollar Ending: As Yellen Issues Ultimatum To Global Banks, Oil Will Be Priced In China’s RMB
Sean Foo: 6-18-2024
In a desperate move, the US treasury has labelled Russia as a war economy and threatens to sanction any global bank that deals with Moscow.
Not only is this dangerous, it will force a big repricing of Russian oil in China's currency. Here's what you must know!
Timestamps & Chapters:
0:00 Yellen Threatens Global Banks
2:53 Russia Dumps Dollars & Euros
5:01 Russian Oil Will Be Priced In Yuan
8:15 China's Currency Wins Big
11:02 Global South Will Ditch The Dollar
Hundreds More Banks Risk Failing This Summer: Nothing Was Fixed Warns Top Economist
Daniela Cambone: 6-17-2024
At this point, we have a banking system that is sick. I mean, it's just crippled,” says Peter St. Onge, a former MBA professor and Ph.D. economist.
In an exclusive interview with Daniela Cambone, St. Onge delivers a stark warning about the fragility of the US banking system, revealing the alarming dependence on the Treasury and Federal Reserve for financial survival.
Without their support, he asserts, "the entire US banking system for sure would be bankrupt."
St. Onge also criticizes politicians for being woefully out of touch with the real issues facing ordinary Americans. "
They don't even appear to be paying attention to what the people want. They're going after farmers for cow farts when the issue is that the median voter can't afford to go to McDonald's.
I mean, they're just almost comically out of touch," he remarks.
Watch the interview to learn more about his views.
CHAPTERS:
00:00 Regional banks risk
4:44 Bailout
8:01 Assets in the banks
12:12 Jobs number
17:48 Reality for consumers