How a Fiat Dollar Destroys Your Wealth - a podcast by Jay Taylor

from 2015-03-17T07:00

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Glen Downs, Michael Oliver and Brooke MacDonald return. Nixon removed gold from the dollar in 1971 so the U.S. could wage war and fund socialism without the American people thinking they had to pay for either war or socialism. But like a thief in the night, the U.S. government as well as other western governments and those that control them, have been picking the pockets of those who create wealth like the miners, manufacturers, farmers and inventors. That has resulted in a massive transfer of wealth from the middle class to the 1% who is getting rich from the U.S. led global war machine. But the seeds of destruction are being sewn so that the fiat dollar’s days are numbered. Michael will help us see the short-term direction of key markets related to the big picture and Glen will help us connect the dots between Washington and the ruling elite. Brooke will update us on Cornerstone’s major gold-copper discovery in Ecuador.

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