Wednesday, July 5
THE REAL WORLD OF MONEY
Andrew and Patrick compare the Bill of Rights with the Communist Manifesto
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
-More paper for gold than there is gold.
-Declaration of Independence starts off with a list of grievances. Laws that people want are being denied to them. Un-a-lienable rights – means rights you can’t borrow against. Obstruction of justice. Swarms of officers to harass us, keeping standing armies. Trading with the enemy. Most of the grievances listed in the Declaration have come back to us. The foreign power is now Washington, DC.
-The states created the federal government. The hierarchy of power is the People, the state, and then the federal government.
-Prescription opiods are the true gateway drugs, not marijuana.
-Patrick and Andrew compare the Bill of Rights vs. the Communist Manifesto. CM: Money that comes from your property can only be used for public purposes. You can’t own land. Property reverts to the state – abolition of all rights of inheritance. Confiscation of the property of all rebels. The state is the one to benefit from improvements to property. A free education for all in public schools. Central banks. Combination of agriculture with industrial production.
-Bitcoins will bite the dust if proposed legislation is enacted and cryptocurrency is treated the same as cash.
-Merits of not paying off a house mortgage. You don’t own a house even if it’s paid off; it’s still subject to the whims of the government. House appreciates the same, if mortgaged or not.
-Listener asks if the government has ever confiscated silver.
-1 in 8 in NJ are reliant on government aid or paycheck. The potential ability of high earners to move elsewhere limits a state’s personal income tax rates.
-NJ and Maine are back in business. Illinois is in dire straits, future is uncertain. Will significantly increase corporate and personal property tax rates. Public pension funds collapsing.
-Private pension funds are not allowed to be underfunded nor based on unrealistically high returns, in contrast to public pension funds.
-Treasury Secretary Mnuchin cutting off North Korea from the US financial system.
-Lucretia is selling her house and her parent’s house to combine households. Asks about what to do with the proceeds. Stay away from municipal and other bonds, debt instruments, annuities. Take a mortgage on the next house. Consider numismatics coins.
-$217 trillion in global debt. Expedient to add more zeros than collapsing in a deflationary depression.
-Credit mobilization dates from the Sumerians.
-Bitcoin futures are here – so much for the limited supply.
-Dallas recommends a DVD called “Bitcoin Heist”.
-Morgan quotes Frank Zappa: “The illusion of freedom will continue as long as it’s profitable to continue the illusion.”
-Masha asks: How likely is it that the National Emergency will disallow the numismatic and semi-numismatic US coins as legal tender at some time in the future? The government adheres to the illusion of following the Constitution. Considering legal tender coins to be private property and nonreportable has always been maintained and Andy predicts will continue.
-Bitcoins violate Andy’s rules about investments assets being of a fixed supply nature and taking physical possession.
-Trump is traveling to Poland with his money boys. Will be meeting with Putin.
Andrew Gause and The Real World of Money, July 5, 2017 ONE
Andrew Gause and The Real World of Money, July 5, 2017 TWO
July 6, 2017 @ 11:23 am Kevin
PMs are futures as well. It doesn’t change supply, to hedge. there will be speculators no matter what the market is.