This article discusses the implications of high debt-to-GDP ratios on economic stability and introduces Texas’s new law allowing precious metals for everyday transactions. By utilizing gold and silver as currency through the Texas Bullion Depository, Texans can mitigate risks from inflation while adhering to constitutional provisions regarding currency.
Tag Archives: inflation
The Texas Gold-Backed Dollar
The Texas Bullion Depository, authorized in 2015, serves as a state-managed facility for storing precious metals, aiming to support a Texas gold-backed currency. This currency seeks to mitigate inflation risks and provide privacy. Economic forecasts indicate potential recessions, prompting calls to support protective legislation for Texas citizens.
Rockwall County 2025 Outlook: Issue number 1 —Economics
Jim Rickards predicts a 50% stock market crash, the collapse of the U.S. dollar, and riots in America, while forecasting gold prices may exceed $20,000 per ounce. Efforts are underway in Texas to establish a gold-backed currency to avoid the destruction of peronal wealth by runaway inflation and economic collapse.
Bible Study: How do we overcome and endure the many threats to our peace today?
What’s in a word? — שַׁלוָה | peace Our federal government has become the most challenging outlaw in our entire history: open borders, the prosecution/persecution of political opponents, rampant corruption, brutish federal law enforcement, etc. Inflation and exorbitant federal spending threaten economic collapse. World War III is an imminent threat. In our English-language Bible, John …
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Central Bank Fiat Currency: As Yoda would say, “Clear, your mind must be, if you are to discover the real villains behind this plot.”
The author discusses various financial matters, notably the history and risks of fiat currency, the role of the Federal Reserve, and the development of digital currencies. The author criticizes the Fed’s “responsible” management of digital assets, underscores the need for congressional approval for issuing digital dollars, and expresses personal concern over a Central Bank Digital Currency. Furthermore, the author highlights possible surveillance risks associated with China’s Digital Yuan.
Right on Time: Should we anticipate new Crises to Interfere with 2024 Elections?
Headline: LGBTQ Nation, August 4, 2023 – Out Dr. Jeanne Marrazzo to replace Dr. Anthony Fauci at NIAID Excerpt: “She co-founded the Lesbian/Bisexual Women’s Health Study at the University of Washington School of Medicine in 1995, where she got NIAID funding to investigate STIs among queer omen.” Headline: World Net Daily, August 3, 2023 – …
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Dear Lt. Governor Dan Patrick,
Regardless of the plans of citizens, businesses, and governments, nothing is possible without adequate finances. If the US dollar collapses next week, how long will the Texas budget surplus last? Overnight, perhaps?
The Everything Bubble Is About To Pop
If we collectively want a different trajectory, we must collectively want major changes to federal government policies that are destroying our republic: open borders, globalism, ESG credit scoring, unbridled federal spending, the weaponization of our government against citizens, and unwise policies that point toward world war three.
Financial Hurricane Warning Flags Are Out, Are You Prepared?
My wife and I were born and raised in hurricane country, the Texas Gulf Coast. Hurricanes are enormously destructive. Coastal residents always have days to prepare for evacuation.
How can we prepare for a humdinger of a recession more devastating than any in all our history?
Winter Is Right On Time – Dear Pat Fallon
Congressman Pat Fallon, what are the members of the House doing to restore common-sense economic policies?
John N. White 