The New York Federal Reserve and Benjamin Strong's Cheating

The New York Federal Reserve and Benjamin Strong created the conundrum of unleashing you onto this profound economic domestic boom, which was already in full throttle in America. And so the U.S., again, I'm going to use this term, cheated, the sterilized and the sterilized the gold and they kept it back. They denied it from the private sector. Reasonable behavior, but in the pursuit of equilibrium, what happened was the UK was on its ass. The US was bagging the United Kingdom. That's where I, that was the beggar thy neighbor. So the system became, if you're in Trump and Tropic and it just it broke rather than adjusting.