Elon Musk reposts call to end the Federal Reserve Bank
The United States dollar has lost approximately 96% of its value since the Federal Reserve Bank was established in 1913.
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The United States dollar has lost approximately 96% of its value since the Federal Reserve Bank was established in 1913.
Economist Peter Schiff says the U.S. banking system is insolvent. He stressed that the Federal Reserve destroyed the U.S. banking system, citing near-zero interest rates at banks while “the Fed funds rate is 5.25% and the real inflation rate is much higher.” Schiff previously warned that the U.S. banking system is on the verge of [...]
The post Economist Peter Schiff Says the Fed Destroyed US Banking System — ‘It’s Insolvent’ appeared first on Crypto Breaking News.
The United States national debt has crossed $35 trillion, with $500 billion added to the government debt in the last two weeks alone.
The U.S. Central Bank has issued an update regarding the Federal Reserve’s Fednow project, which is scheduled to commence in July. The Fed has responded to recent criticism of the Fednow service and asserts that the Fednow payment network is “neither a form of currency nor a step toward eliminating any form of payment, including [...]
The post ‘Not Related to a Digital Currency’ — US Central Bank Addresses Concerns Over Fednow Payment Network appeared first on Crypto Breaking News.
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