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Follow the money - Has the Federal Reserve kept 2 sets of books for the last 50 years? -- Puppet Masters -- Sott.net : comparemela.com
Follow the money - Has the Federal Reserve kept 2 sets of books for the last 50 years? -- Puppet Masters -- Sott.net
Tue, 13 Apr 2021 20:42 UTC
© USA HeraldA new take on the closing of the gold window (at least new to video), and just in time for the 50th anniversary of that fated day...
This episode of Mafiacracy Now shows that the
Federal Reserve opened itself up to a massive blast of transparency the very minute it started selling cash and reserves not backed by gold (or anything else of value that the Fed can't freely generate) back in 1971.
The video leverages a recent law review article from an international team of prestigious legal scholars (and a lone economist), which makes the highly compelling case that once the gold window closed, cash and reserves alike ceased to qualify as liabilities — undercutting every central bank balance sheet in the west.
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