The corporate media keeps telling us the economy is growing, but don’t believe the lies. Cryptocurrencies are telling us a different story…
The Trump Tax Cut was supposed to help the economy. Reporting shows that isn’t happening. As skeptics rightly pointed out prior to the Trump giveaway most of the benefit of these corporate tax cuts go to stock buybacks that only benefit the top executives and stockholders.These corporate tax cuts further bloat already bloated executive salaries or bonuses.
Records show that 97% of the Bush corporate tax cuts went for stock buybacks. The Trump tax cut is following along the same path. So far the corporate tax cuts have gone for stock buybacks. There has been very little from these tax cuts that really we to physical improvements to the production system that would boost the economy.
Morgan also answers the question: Is there a silver shortage? Silver guru David Morgan says there hasn’t been a shortage in a decade.
Morgan is optimistic for the silver market. Silver is making a higher low than in 2015, meaning the bull market is still alive. He sees silver rising above /oz.
The movement into crypto-currencies is evidence people are losing faith in paper currencies, Morgan says. Inevitably, paper currencies will collapse, and people will search for alternatives.
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