Asset and Wealth Protection
Personal Liberty focuses on conservative Americans who understand the importance of independent thought in the quest to grow and protect their financial assets, and are seeking to achieve financial freedom.
The Nation’s central bank will begin scaling back its massive bond-buying stimulus, reducing the amount of bonds it purchases to prop up the economy in monthly increments of $10 billion, the Federal Reserve announced Wednesday. The Fed’s long-standing policy of buying $85 billion in bonds each month will begin to taper in January. During that […]
This article, written by Ludwig von Mises Institute associate scholar and associate professor at Universidad Rey Juan Carlos Philipp Bagus, was originally published by the Institute on Dec. 13. A paper currency system contains the seeds of its own destruction. The temptation for the monopolist money producer to increase the money supply is almost irresistible. […]
A week from now, the Federal Reserve System will celebrate the 100th anniversary of its founding. Resulting from secret negotiations between bankers and politicians at Jekyll Island, Ga., the Fed’s creation established a banking cartel and a board of government overseers that has grown ever stronger through the years. One would think this anniversary would […]
What does the national debt really mean? Would you be shocked to know that we have in America the identical monetary system that Adolf Hitler had and that Russia had and has? We also have a propaganda machine that would have made Hitler blush.
As you recommended some years ago, we went ahead and purchased Swiss annuities.
Yesterday, we received a notice from Switzerland that we have to fill out form “TD F 90-22.1″, “Report of Foreign Bank and Financial Accounts”. I was under the impression that since annuities were NOT bank accounts, this didn’t apply to us. And starting next month, the Swiss are redeeming our policies, since it’s been the five years we noted on our applications.
This is very disturbing to me. I don’t like our government’s intrusive behavior as it is, but the Swiss seem scared of Obama. Are we going to be in trouble because we haven’t reported this previously? (I don’t expect a definitive answer from you on that one.) But any advice or recommendations?
Secondly, we have some nightmarish stories about Children’s Services in this country; maybe it’s time to do another piece on them, because they have too much power and appear to be out of control.
Thanks! We always appreciate your newsletters.
Pamela G., R.N., B.A.
Media buzz surrounding Bitcoin has grown in recent months as the digital currency has gained wider acceptance among investors, retailers, economists and even regulators. The ongoing mainstreaming of the online currency has driven up its value greatly. And Bitcoin fans are working to ensure its longevity.
Detroit municipal workers learned Tuesday that promises made by the city and their union leaders that they would have lifetime pensions and healthcare benefits were hollow promises. It’s an ill omen for pensioners across the country.
I began publishing my monthly newsletter The Bob Livingston Letter™ (subscription required) in 1969. The following is an excerpt from the December 1998 issue in which I warned of the danger of the dot.com bubble. Just 18 months later, the bubble burst. By the way, we are reaching this same point once again thanks to QE.
Our economic system is simply a confidence game. Our credit-based monetary system requires confidence to remain in a positive mode. Confidence is a perception of reality no matter what reality actually is. When money is credit, it is 100% confidence. Inflation can turn on a dime into black hole deflation.
In [the November] issue [of The Bob Livingston Letter] you recommended living outside the U.S but you didn’t give us a clue as to where would be a good place to live on a limited income??? I really get frustrated with this because this isn’t the first time you brought this up. Give us some clues please! If everything is going to hit the fan soon then please tell us WHERE??
The Senate Homeland Security and Governmental Affairs Committee heard testimony Monday concerning virtual currencies. During the hearing, titled “Beyond Silk Road: Potential Risks, Threats, and Promises of Virtual Currencies,” Federal agencies told lawmakers that currencies such as Botcoins can be can be “legal means of exchange,” meaning that wider acceptance of the virtual currency could […]