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SLP467 An Unsustainable Fiscal Path with James Lavish

Stephan Livera Podcast

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Are US Dollars Backed by Gold?

More and more people are now aware of some of the problems with the system. And they did not understand that you are a creditor, right? They just think, oh, I've got $1,000 in my bank account. It's just magically there ready for me to take it out whenever I want. So no, there's no gold. We stopped auditing Fort Knox a long time ago. There's no gold protecting the US dollar. That's number one, right?

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