Saturday, September 27, 2025

Here's the agency that will solve many of your problems (graphic)

Re-posted by N.S.

Here's the agency that will solve many of your problems (graphic)





Posted by Nicholas Stix at

3 comments:

Anonymous said...

Monty Python? If not,looks like it should be.

--GRA

Saturday, September 27, 2025 at 11:06:00 PM EDT
Anonymous said...

FINANCIAL GIMMICKRY DU JOUR--TRANSFERRING THIS YEAR'S GOLD VALUE INCREASE TO THE GOVERNMENT TO "CUT" THE DEFICIT

(ZH)On the back of a 45% surge in the price of gold this year, the US Treasury's hoard of the barbarous relic has surpassed $1 trillion in value for the first time in history.

That is more than 90 times what's stated on the government's balance sheet and is reigniting speculation that Treasury Secretary Bessent could revalue (mark to market) the massive pile of precious metal

Unlike most countries, the US’s gold is held by the government directly, rather than the central bank.

The Fed instead holds gold certificates corresponding to the value of the Treasury’s holdings, and credits the government with dollars in return.

That means, as we detailed previously, that an update of the reserves' value in line with today's prices would unleash roughly $990 billion into the Treasury’s coffers, dramatically reducing the need to issue quite so many Treasury bonds this year.

GRA:It could then be used as part of the budget for whatever purpose the government desires. What happens if gold goes down AFTERWARDS? They'll worry about that later. It's all about inventing money in any way,shape or form and continuing the Ponzi scheme that IS government spending.


--GRA

Monday, September 29, 2025 at 11:23:00 AM EDT
Anonymous said...

Simple solution to person who glued hand to road--pull it off--they will lose a layer of skin but it will grow back.I bet they would never do it a second time.

Tuesday, September 30, 2025 at 3:14:00 PM EDT

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