The Money Tree, Open Borders & Other AOC Fantasies

Turning Hard Times into Good Times

Sep 28 2021 • 57 mins

John Rubino, John Watson & Michael Oliver return. As the Biden administration invites the world’s poor to come to America to receive free college, free medical care, free housing, etc., and vote Democrat, how will all those services be paid for? No problem, say Nancy Pelosi, Chuck Schumer & AOC. A money tree at the Federal Reserve is the gift that just keeps on giving. Why worry? Money created by the Fed's keystroke costs nothing! Moreover, the Fed's money tree has resulted in more stock market prosperity than ever, thus proving the Fed’s omnipotence. Yet history reveals that this Keynesian monetary theory is a big lie. John Law tried it in 1719-1720, when his French national bank created so much debt-manufactured money that the financial system completely collapsed, leading to national despair and John Law’s escape from France to save his life! John Rubino will explain why open borders and other vote-buying gimmicks are leading to massive inflation that will ultimately collapse the system and how we can best prepare for that fateful day that may arrive sooner than we can imagine. Are equities nearing a cliff and is gold ready to resume the bull market of a lifetime? Or might a new market law paradigm exist that says we can indeed have prosperity without production? We will ask Michael. John Watson will update us on NV Gold’s drill targets in its hunt for a major gold deposit in Nevada.