San Francisco Earth Quakes catapulted the Panic of 1907, which was the perfect first piece in the Hegelian Dialectic of Creating The Federal Reserve System as we know it.The bankers began stretching out, if you will, the amount of dollars created in relation to owned gold, which initiated The Roaring TwentiesAccording to Federal Reserve Bank of St. Louis total U.S. Debt is 72 Trillion Dollars which is $220,000 for each person in the U.S.There are very good logical reasons why long long ago humans decided that gold was the best substance to utilize for "money"There's only so much gold on Planet Earth because gold was randomly part of the substances creating Earth nearly 5 Billion years ago, put there by exploding stars.Current interest on the Bonded debt in U.S. is $375 Billion a year.GAO predicting interest rate payments will become the largest line item debt, eclipsing Dept of Defense in 2024in 1933 President Roosevelt recalled gold, making it illegal for American's to own bullion goldFed Chairman Powell stated that the U.S. rate of debt is "Unsustainable" Definition of Unsustainable : adjective "not able to be maintained at the current rate or level."We analyse the 2 Trillion Dollar Infrastructure plan that both parties are talking upMarge in Silver City asks if the stock market is in a classic "bubble" what is a good strategy for her...all her holdings in equitiesSean calls in and we discuss real money holding its value in relation to paper notesSean also reminds us of the massive amount of money in the various State's CAFR accountsSome emails: Only the US government and IRS could make possessing money so complex. If paper gold (such as symbol GLD) is bought and then sold, you must follow the somewhat vague and nebulas associated federal tax code. The extra time needed to try to understand and comply with the tax code makes it seem not worth the effort.What are the tax implications of buying and eventually selling physical gold and silver coins? Even though it is the original Constitutionally specified real money, does it involve the "precious metals" part of the code?Glad ya got Fred filling in for the Andy Gap.Please ask Fred when he thinks the gold/silver ratio ( currently about 86:1 ) will come back to a more reasonable level... like maybe 60:1 Of course, I wouldn't mind seeing it back at 45:1 -- or even 30:1In jest you said that they should print the manufacture date on money and a "best if used by" date. Of course coins do have the date minted, but in fine print the paper notes also have a date of manufacture such as "series 2013". Since physical cash only accounts for just a few percent of all financial transactions, the remainder is electronic. Does that mean that the majority of our money, which is electronic, does not even have a date of manufacture?Fred Dashevesky and Patrick look at the world of finance today and Fred offers gre
