Premium Only Content

Bill Holter: The Fed is Draining the Lifeblood from the System
Tom welcomes back Bill Holter of Miles Franklin to share his insights on the current state of the US economy and the looming debt crisis.
*Palisade Radio Links:*
â–º Website & Newsletter: https://palisadesradio.ca
â–º Rumble: https://rumble.com/c/c-1586024
â–º Odysee: https://odysee.com/@PalisadesGoldRadio:c
He explains that the current system is unsustainable, with the US debt now exceeding $32 trillion and a total of $200 trillion in debt promises. He notes that the US government is using deficit spending and inflation to try and maintain its economy, but this won't work in the long run.
Bill suggests that a national sales tax could simplify the tax code, but due to the current political climate, this won't happen anytime soon.
Foreign nations are no longer relying on the US dollar to conduct business, and are instead turning to gold, yuan, and rubles for transactions.
He suggests that individuals should begin to think in terms of ounces of gold and silver instead of dollars, as it is likely that this will be the new currency when the current system collapses.
Time Stamp References:
0:00 - Introduction
0:32 - Jekyll Island Creature
2:27 - Money Growth Trends
4:07 - Derivatives
6:09 - CBDC & Totalitarianism
9:18 - Consumers & Credit
11:48 - Self-Sufficiency
14:04 - Financial Censorship
16:54 - Abolish IRS & Flat Tax
19:26 - The Kabuki Uni-Party
20:45 - Debts & Deficit Spending
23:10 - Worlds Perspective
26:05 - Ounces Not Dollars
26:53 - Wrap Up
Talking Points From This Episode
- U.S. debt now exceeds $32 trillion with over $200 trillion in debt promises.
- The US government is using deficit spending and inflation to try and maintain its economy, but this won't work in the long run.
- Foreign nations are no longer relying on the US dollar to conduct business, and are instead turning to gold, yuan, and rubles for transactions.
Guest Links:
Facebook: https://facebook.com/groups/jsmineset/
Website: https://milesfranklin.com
Email: bholter@hotmail.com
Bill Holter writes and is partners with Jim Sinclair at the newly formed Holter/Sinclair collaboration. Prior, he wrote for Miles Franklin from 2012-15. Bill worked as a retail stockbroker for 23 years, including 12 as a branch manager at A.G. Edwards. He left Wall Street in late 2006 to avoid potential liabilities related to the management of paper assets as he foresaw the Great Financial crisis coming. In retirement, he and his family moved to Costa Rica, where he lived until 2011 when he moved back to the United States. He was a well-known contributor to the Gold Anti-Trust Action Committee (GATA) commentaries from 2007-present.
Bill has retained a working relationship with Miles Franklin and can help with your precious metals needs, including transacting, shipping, storage, and even safe deposit boxes in non-bank vault facilities. Feel free to contact him with any of your questions or needs.
#BillHolter #Debt #Economy #Dollar #Gold #Yuan #Rubles #USDebt #DeficitSpending #Inflation #NationalSalesTax #SelfSufficiency #Bankruptcy
-
59:52
Palisades Gold Radio
4 days agoMichael Oliver: The Acceleration Phase in Silver and the Miners has Begun
423 -
LIVE
LumpyPotatoX2
59 minutes agoKOMPETE: Quick Gameplay - #RumbleGaming
142 watching -
54:47
Side Scrollers Podcast
1 day agoSide Scroller Presents KING OF THE KART | MASSIVE MARIO KART TOURNAMENT
56.5K2 -
33:18
Athlete & Artist Show
9 hours ago $1.56 earnedHockey Is Back In Europe!
10.8K1 -
LIVE
Total Horse Channel
2 hours ago2025 URCHA Futurity | Derby & Horse Show | Sunday
113 watching -
LIVE
XxXAztecwarrior
1 hour agoSearching for more Reds!!
43 watching -
LIVE
TheItalianCEO
1 hour agoWhat about an Italian for breakfast?
60 watching -
9:06
nospeedlimitgermany
1 day ago $0.87 earnedMercedes-Benz 500 SE W126 | 231 PS | Top Speed Drive German Autobahn No Speed Limit POV
8.73K1 -
LIVE
IamNibz
4 hours agoLaw 56- Elden Ring Challenge (PC)
64 watching -
39:33
Chris Harden
7 days ago $1.36 earnedKansas Backroads | What's Really Out Here? - Rush County
4.46K12