RE: The Dangerous Economic Realities Created By Keynesian Economics and a Case for Hedging with Silver instead of Gold
Excellent work! The size of the US debt scares me. If you consider the total debt of most 'developed' countries, it's scary. Add up all levels of government debt to business debt to personal debt to underfunded pension liabilities and we're in serious trouble.
A while ago I was trying to look for a graph of the increase in money supply in the USA by an official sourc, not a guess from Zerohedge or some other place and couldn't find one. If anyone knows an updated source, please share. It's definitely not being shared because this graph wouldn't match official inflation statistics.
As for gold and silver, I think the increase in the ratio has to do with an increase in wealth. We are wealthier than ever before and having even 50k in silver really isn't practical as it's heavy. We can all pick up that much gold without an issue and it's easier to store. Silver is also a more common by-product of mining other metals.
According to this infograph it's 3.5 Trillion USD worth QE from FED and another 9.5 Trillions from rest of the Central Banks:
Thanks for that info graphic, learnt something. My concern about the debt is that it's actually much more than that because banks can lend out 9 times or more what they have. So they could get some of those trillions and multiply it. Where's that graph?
I don't think anybody could even make a graph for that. Even that 9 times thing is based on 10% reserves. USSA is actually doing fine in that department compared to other financial asylums. Eurozone only has 1% requirement. On top of negative interest rates 99 out of every 100 Euros are fake. Then a bank can re-lend to another bank which would re-lend to another bank. China is actually doing relatively better with 17%
Source: https://en.wikipedia.org/wiki/Reserve_requirement