THE REAL WORLD OF MONEY
Andrew Gause may just be the top man anywhere for the highest quality analysis into the world of money we all live in. Andrew is a currency historian, an internationally recognized expert on the United States monetary system. He’s written two books, “The Secret World of Money” and “Uncle Sam Cooks the Books”. You can order these books as well as speak to Andrew personally. As a One Radio Network listener, you’ll have highest priority in his phone time. His # is 800.468.2646
-Andrew explains how the world of money is different today than it was 40 years ago.
-Do you actually think you have money in the bank? Try withdrawing it on the spot; you may just have to wait.
-The benefits and risks of using Bitcoin.
-Interest rates are artificially low due to market manipulation; Andrew explains the consequences.
-Understanding the REAL unemployment numbers.
-Andrew talks about the demonization of Donald Trump
-The central bank is not trying to stimulate the economy; it’s trying to create a collapse. Andrew explains.
-Why the government cannot and does not create jobs.
-People say they can’t vote for Trump because of things he ‘said’; what about Hillary for the things she ‘did’?
-A caller has a question about eminent domain; the town wants 40% of his land back. Andy gives some ideas about what to do.
-Question from a listener: What does Andrewthink of online auction sites like Heritage or Stack’s Bowers? They offer certain rare coins from time to time, but the fees seem to be quite steep. Is it just a matter of ‘pay to play’, or should we only call 1-800 HOT COIN?
-Question from a listener:Please ask Andy to explain (again) why modern gold American Eagles are not constitutional money.Certain people say that because it is minted at the US Mint and it has a face US dollar value.I know that I can deposit a $20 St. Gaudens in the bank (not that I would) and be credited for $20.Can the same be said for a $50 modern gold American Eagle?
-Comment and Question from a listener:45 years ago this week, on August 15, 1971, President Richard Nixon officially closed the gold window. The removal of the restraint of gold redemption freed the Federal Reserve to engage in more inflationary monetary policy than ever. The demonetization of silver in the Coinage Act of 1873 was widely assailed by its critics as the “Crime of ’73.”
Beijing and Damascus have agreed that the Chinese military will have closer ties with Syria, and provide humanitarian aid to the civil war torn nation, a high-ranking People’s Liberation Army officer said, adding that the training of Syrian personnel by Chinese instructors has also been discussed. Now the “Golden Triangle” is forming between Russia, China and the Middle East (a.k.a. Syria) the “Silk Road” trail.
Russia and Turkey trading in non US Dollars…Can we all hear the hammer nailing the coffin???
Macy’s closing 100 of its store’s…The Christmas parade and the ultimate Christmas catalog presents…online is destroying jobs. With the onslaught of online retailing, will implement the use of robots. Even the government is circulating a memo encouraging defense contractors to implement and use robots instead of humans and the government is willing to give low interest loans to encourage the change. If this continues, the average person will not be able to purchase the finer things in life.
The country is divide into two parties, One would be the party of those who pay the taxes to government, the other the party of those who consume the benefits of government. The taxpayers’ party would engage in constant clashes with the party of the tax-consumers. In 2013, the top 1 percent of Americans in income paid 38 percent of all income taxes. The bottom 50 percent of income-earners, half the nation, paid only 3 percent of all income taxes. A question logically follows: If one belongs to that third of the nation that pays no income taxes but receives copious benefits, why would you vote for a party that will cut taxes you don’t pay, but take away benefits you do receive?
-Question from a listener:I am wondering what Andy thinks of the Indian $2.5 gold coin series. Would now be an opportune time to start building a set? Does Andy think these coins will be in high demand in the future? Or would a person be better off focusing his collecting and investing efforts elsewhere?
-Question from a listener:Since dollars are so manipulated and subject to inflation as the money supply is diluted, and because people’s earnings from their employment is taxed so heavily with no end in sight, how about using labor as currency on demand?Are there any laws that make labor illegal as currency?
-Question from a listener:What’s your best estimate on when the bail in will occur: before the election, after the election or next year? what percentage will the bank take?Do you see rental properties as a good investment and for how many years will this last?
andrew gause and the real world of money, august 17, 2016, part one