Stansberry Research
Jul 8, 2022
The Federal Reserve is the cause of inflation,” and it’s ludicrous they are trying to stop it, claims G. Edward Griffin, author of The Creature from Jekyll Island and founder of the Red Pill University.
“Money supply is based on tangible value,” which the U.S. dollar is lacking he tells our Daniela Cambone. “Gold and silver throughout history have been the backing of any good money supply, because they take human-effort to produce,” Griffin continues. “The middle-class is being squeezed out of existence,” he warns and says we are, “going back to kind’ve a medieval stage.”
Griffin concludes by discussing why banks love having gold and silver stockpiled, “but they can never have enough of it to base a monetary system on it that is profitable to them.
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