The greatest poison in your local economy and mine is the fluctuating medium of exchange known as the paper dollar and the excesses it engenders, starting with the greatest …				
				
			
		
		
		
								
					
									
																	
								
				
					WESTPOINT, Tenn., Thursday, March 16, 2023 — Thoughts about these bank runs keep piling in on me.  First, y’all ought to read Charles Kindeberger’s classic, Manias, Panics, & Crashes:  A …				
				
			
		
		
		
								
					
									
																	
								
				
					When a bank run hits, the Yankee government and the Fed have two and only two weapons:  liquidity and blarney.  Today Biden was shooting off that blarney cannon fast …				
				
			
		
		
		
								
					
									
																	
								
				
					Today is the 51st anniversary of Nixon closing the gold window in 1981, that is, he suspended convertibility of the US dollar into gold for foreign central banks. By …				
				
			
		
		
		
								
					
									
																	
								
				
					CHATTANOOGA, Tenn., June 17, 2022 — I’m gonna break this down so it’s easily understandable. We have a fractional reserve banking system. By Mike Steel / NoogaRadio 96.9 FM …				
				
			
		
		
		
								
					
									
																	
								
				
					HIGH POINT, Tenn., Thursday April 22, 2022 — Today at 10:44 my phone rang.  It was Tennessee Senator Frank Nicely to inform me that the bill to remove the …				
				
			
		
		
		
								
					
									
																	
								
				
					WESTPOINT, Tenn., Tuesday, Feb. 22, 2022 — Trudeau’s attempts to crush the Canadian protesters presents your last warning to get wealth outside the digital financial system.   By Franklin Sanders / The …				
				
			
		
		
		
								
					
									
																	
								
				
					HIGHPOINT, Tenn., Jan. 21, 2022 — What a grueling, thrilling week!  Stocks were battered and shattered.  Dow Industrials skidded 4.6% while the SP500 slid 5.7%.  US dollar index did …