by Gary Christenson
Part one is available here.
Discussed in Part One:
- Richard Russell on “The Big Lie.”
“Central banks create fiat money, denigrate gold, and try to convince the people that the money they print is wealth. That’s the great lie behind fiat money.”
- Social Security and the pension plans of many cities, counties, states, and countries are increasingly insolvent as zero and negative interest rates destroy fixed income investment returns.