"It’s time for an economic revolution. Capitalism today is failing us, killing us, and robbing from our children’s future."
In response to Mark Ruffalo’s tweet:
Capitalism is failing in Hollywood. Some actors make millions while others struggle waiting tables to make ends meet. Let’s redistribute the wealth. Equal pay for all actors. All actor compensation should be paid directly to SAG. Then each member will be given their fair share.
Dec 3, 2019
Nov 27, 2019
Video: The Fed's Exit Plan is QE Infinity
Location: New Orleans Investment Conference
After a decade of promises about how QE (quantitative easing) and zero interest rates would solve the subprime housing debacle, now as the Federal Reserve is lowering interest rates again it's become clear that there is no exit plan.
Or if there is, the plan is QE to infinity.
Topics:
- Monetary Policy, QE
- Gold and Silver markets are positioned for the rally of our lifetimes
Update: Recession Warning, Bitcoin & Smaller Government
Recession Early Warning?
Well, it looks like the rich are tightening their belts.
According to a report at Yahoo Finance, spending by the rich has slowed over the last year. This could be an early warning of a recession. Spending by the top 10% of households by income makes up nearly half of overall consumption in the US.
I Want Less Government
A lot of people want the rich to pay more taxes so that government can be bigger. I want the rich and everyone else to pay less taxes so that the government can be smaller. Less taxes means more freedom and prosperity. Let's make government smaller so the economy can be bigger!
Early Bitcoin Buyers
Not everyone who got into #Bitcoin early is ahead. Many took flyers on Bitcoin with small amounts of money early on. After the huge rise, thinking they were smart instead of lucky, they added much larger sums at much higher prices. So now they are down overall or soon will be.
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