The End Of America Approaches Crisis Stage

The Fool-Proof Way To Protect Yourself From Monetary Chaos

The “End Of America” began on November 25, 2008.

On that day, the Federal Reserve began buying mortgage-backed securities (“MBS”) and “agency debt” – the obligations of bankrupt Fannie Mae and Freddie Mac, two government-sponsored agencies that back most U.S. mortgages.

Table of Contents

• The Fool-Proof Way To Protect Yourself From Moneta …

• This Is NOT A Drill

• Three Things To Know Before We Go…

Through March 2010, the Federal Reserve purchased an astounding $1.25 trillion in MBS, $175 billion in agency debt, and, for good measure, $300 billion in long-term U.S. Treasuries.

Legally, only the U.S. Congress has the power to levy a tax. But because these securities were purchased with a modern-day printing press, Congress never approved these expenditures. Instead, these obligations were foisted on to the American people (about $5,000 per person) through an expansion of the money supply. Nevermind that the Fed’s own charter forbids it to buy mortgages.  

Like a banana republic, America was monetizing the federal government’s debts and doing the same for private obligations (mortgages), too.

These events prompted me to write a documentary, The End Of America.

In that documentary, I predicted that this counterfeiting would lead to some obvious problems, like inflation. But, far worse, this sea-change in our monetary policy would lead to dozens of insidious cultural problems as the declining quality and reliability of our money would be revealed in a matching decline in our institutions, in civil society, and in our cultural cohesiveness.

In short, a debauched currency leads to a debauched society.

I predicted that America would lose its AAA-credit rating, as Fed asset purchases would continue, leading to never-before-seen debt levels in the U.S. I predicted that America would see an unprecedented increase in political violence. I predicted that America would see a huge increase in drug addiction, prostitution, and gambling. I predicted that the government would, eventually, take draconian and never-before-seen measures to change everything about how we live, how we work – even how we travel.

Our response to COVID wasn’t driven by any medical evidence or logic. It was driven by the idea that our government is all-powerful, a notion that was created by the printing press.

There hasn’t been a problem of any kind that hasn’t led to still more money printing ever since we started in 2010.