Wayne Jett – Huge Bank Bailout Coming Because of China Virus
by Greg Hunter
USA Watchdog
Wayne Jett is an accomplished lawyer who has argued cases in front of the U.S. Supreme Court. Jett is also an expert on the Federal Reserve and says all the signs he sees say we are nearing the end of the line for the debt based monetary system. Jett explains, “We are at the end stage of the fiat currency disease, which means they always go to zero. It’s just a matter of how long can they extend it in terms of the way they are able to acquire more hard assets with their worthless currency before it goes to zero for the rest of us. . . . I believe the Trump Administration is on the course towards turning to sound currency, meaning an end to the Fed and meaning something in return to something like a gold standard. My view is the gold standard – period. In that circumstance is how do we get there with the least disturbance in our economy and the wellbeing of our people? We’re going to try to get through 2020 and the election without having to make that change. . . It involves a great deal of displacement in terms of financial capabilities of the population, provision of necessary services, food and accommodations. It is very disruptive. I think the President wants to have a gold standard and a new currency in a ready position. We need to have our current account balance, meaning the amount of goods we buy from abroad should be roughly equal to the amount of goods we sell abroad. We have made great progress on that.”