Classic Finance

Debt Vs Currency More Debt Than Money (Currency)

"At some point, the dollar has to give. You can't just keep printing money, and monetizing debt, and buying bonds, without the dollar imploding." Peter Schiff

n fractional-reserve banking, the bank is only required to hold a portion of customer deposits on hand, freeing it to lend out the rest of the money. This system is designed to continually stimulate the supply of money available in the economy while keeping enough cash on hand to meet withdrawal requests. In simple Terms use your money to create more money out of thin air.

“When you or I write a check there must be sufficient funds in our account to cover that check, but when the Federal Reserve writes a check, it is creating money.” ~ Boston Federal Reserve Bank

By investing in a gold miner you're not just getting exposure to the gold price, but a company's performance too.

#Realmoney #Goldstandard #Silver #Gold #Currency

A repo is when one party (Bank to Bank) lends out cash in exchange for a roughly equivalent value of securities, often Treasury notes. This market exists to allow companies that own lots of securities but are short on cash to cheaply borrow money