Why Uncle Sam Really Hates Cash

From Peter Reagan at Birch Gold Group Created by the Federal Reserve, the FedNow instant payment system went operational on July 20, 2023. If you’ve ever sent a wire, ACH or e-check through a bank, and were frustrated that it took up to five business …

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Student loans are a large asset for Uncle Sam, accounting for 42.3% of total Federal assets.

Now you know why student loans will never be forgiven. https://www.advisorperspectives.com/dshort/commentaries/2023/06/09/feds-financial-accounts-what-are-uncle-sams-largest-assets https://www.fiscal.treasury.gov/reports-statements/financial-report/balance-sheets.html Then, drilling down on “Note 4.” https://www.fiscal.treasury.gov/files/reports-statements/financial-report/2022/notes-to-the-financial-statements4.pdf h/t PettyWitch

Uncle Ted Is Dead

by Chris Black Big F. For those wondering why people are saying RIP King for the Unabomber Ted Kaczynski, this will give you a little insight I imagine.I myself never paid any attention to him, the event, or his statements …

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