Quick answer: The modern U.S. economy runs on fiat currency and credit, not a barter or commodity-backed system - that's a real, technical fact. But 'not a money economy' is a dramatic simplification of a genuinely more nuanced monetary system, not a hidden secret. What's actually true about the...
[ad_2] This short claims most investments are losing to inflation. Whether that's true for you depends on what you actually hold and the period measured -- cash and low-yield savings accounts have historically lagged inflation more consistently than stocks or real assets over long periods, but...
[ad_2] This short says interest on the U.S. national debt is exploding. It is true that federal interest payments have grown as both total debt and interest rates have risen in recent years, making it one of the faster-growing lines in the federal budget -- for current figures, check Treasury and...
[ad_2] This short claims banks are running out of money. In reality, FDIC insurance covers deposits up to a per-depositor, per-bank, per-ownership-category limit that the FDIC sets, and bank failures are handled through an orderly FDIC resolution process rather than depositors simply losing access...
[ad_2] This video frames a choice between gold and platinum as the foundation of a portfolio. Platinum tends to be more volatile than gold because more of its demand comes from industrial uses like catalytic converters, while gold trades more as a monetary asset -- both qualify for a self-directed...
