March 23rd, 2020 a Date That Will Live in Monetary Infamy.
#fed #qe #crisis #stockmarket #moneyprinting #gold #dollar #fiatmoney #fiatcurrency
Today I cover the Federal Reserve's actions on Monday, March 23rd 2020 as the U.S. Central Bank declared that they will do open-ended or unlimited QE to buy Treasuries, Mortgage bonds and even corporate bonds.
The Fed also announced they will be buying $625 billion of Treasuries and mortgage bonds just this week. The stock market failed to rebound despite the Fed's actions as the Dow and the S & P 500 finished down about 3%.
My conclusion is that the Fed has declared "war' on the currency and that unless one some physical gold and silver they could see the purchasing power of their monetary savings evaporate rather quickly.
simple truth YouTube channel video: https://www.youtube.com/watch?v=X4M1X3rnfhg&t=2s
"Fiat Money Inflation in France", by Andrew Dickson White, http://www.libertarianpress.com/fiatmoneyinflation/Fiat%20Money%20Inflation%20in%20France%20by%20Andrew%20Dickson%20White.pdf
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