Trump Plans to Gut the Gold Reserves to Create a Cryptocurrency
Trump and Musk plan to use the gold in Fort Knox to leverage crypto, a move that enriches, three groups: Musk (of course), Venezuela (and it drug lords) and Trump’s sons. This will bring some glee to the crypto-crazies and among the ever-hopeful, but intellectually challenged devotees, thereof. Here are some things that all of you need to know. Crypto is nothing more than the 21st Century’s version of Amway. They just substituted block chains for circles. Other than that, it’s the same old schtick. It is a curiosity to me that people who have never taken a class in economics are sure they have a good bead on how to beat the system. They think that people who play by the rules are suckers. The smart people (like them—right?) use the odd hustle that plays the system and earns them easy money. These are the same people who loudly sing the blues when the “con” turns out to be on them. There is a saying amo...