The Real World of Money
Fred Dashevsky is from Long Island New York. He attended University of New York at Albany and studied psychology, political science, and economics. Fred started in the coin business in 1984 in Northern New Jersey opening several offices in Southern California in the mid 80s. He returned to the east coast in 1989 and opened Hilton head office for SDL Inc. in 1991 with partner Andrew Gause. He has since opened his own business, U.S. Coin Capitol. Give him a call for your numismatic gold investments 800.878.2646
Federal appeal court blocked vaccine mandate for health workers. Ruling directly affects 10 Midwest states.
In S. Carolina, people acted like vaccine and mask wearing were a choice. In New York City, Fred said 95% of people were wearing masks. Concert venue required proof of vax.
Fed Chairman Powell’s power is in ability to alter interest rates. Fed finally acknowledged inflation, but said it was transitory. Just retired the transitory verbiage. Higher interest rates not in the interest of financial and technology markets.
Before the Fed can raise rates, it has to stop making asset purchases. But 1.4 trillion dollars extra on the Fed balance sheet just this week.
What is the inflation rate today? 12% or 6% or more?
Will we see a FedCoin interlinked with vax passport, smart phones, and digital currency?
Buying currency silver and numismatic coins as a means to maintain some privacy and wealth protection. Always a market for them.
Crypto money – why do people look at it as an alternative?
What was the Stamp Act? Why was there a Boston Tea Party? Pushback against unfair taxes led to the American Revolution. Parallels with today’s restrictions and mandates? What will be the response of an aggravated public?
Inflating the dollar is a way to enslave the public. Needing to work harder and harder to pay government taxes.
Social security payments are made with printed money, not set aside funds. Will we see means testing as a way to limit SS payments?
Inflation is created when the money is printed.
If asset purchases are curtailed, what happens when the economy slows into a recession? No method to deal with it except print more money, which exacerbates inflation.
Why Is it a good idea to borrow money at 3% for 30 years? Where to park money to stabilize the value of that wealth?
Why is the dollar thriving on the world’s weakness? Everyone else sucks. If the public and markets lose confidence, there is nothing sustaining the dollar’s value.
Will the globalists use Omicron the crash the system?
Recent increase from 4 trillion to 9 trillion dollars on the Fed balance sheet. Fed has to maintain sense of legitimacy by maintaining that’s okay. Will take 10 years to unwind.
Caller Sean in Washington state asks about impact of foreclosures. Will we see a drop-off in real estate values? What is the difference between now and 2008? What role does leverage play?
Gap between what the government tries to perpetuate and what the public sees. What will the shell game and lack of confidence lead to?
What is real? There is truth in sound money. Gold and silver coins are sound money.
Fred has bags of silver dimes and quarters and numismatic coins. Take advantage of dollar rallies and buy gold and silver on the dips. Free consults.
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