RTD Quick Take Archives - Rethinking the Dollar

Credit Line Crackdown: Banks To Cut Emergency Backups

Aug 28, 2020 | Economic Collapse

Banks will start will cutting borrowing limits on credit cards as the unemployment picks up in the US. Capital One starts the crackdown which set off a swift outcry on social media. Some customers have complained in recent days their limits have been slashed by a...

The Retirement Rule Is Dead – What Should Retirees Do Now???

Aug 24, 2020 | Economic Collapse

The 4% Rule Is Dead. A recent article by Shawn Langlois via MarketWatch pointed out this sobering fact but is one we have discussed previously. Retirees have long counted on being able to retire on their assets and take out 4% each year. However, a little more than...

‘When Money Dies’ All Promises Are Broken

Apr 19, 2020 | Economic Collapse

WHEN a nation’s money is no longer a source of security, and when inflation has become the concern of an entire people, it is natural to turn for information and guidance to the history of other societies who have already undergone this most tragic and upsetting...

(DANGER) For The First Time Ever, The $100 Bill WILL BECOME A PROBLEM

Aug 30, 2019 | News

The Benjamins have outdone Washington. The number of $100 bills in circulation surpassed the number of $1 bills for the first time, according to an International Monetary Fund report. “There are more $100 bills circulating now than ever before, roughly doubling...

Central Banks Dropping Rates, Buying Gold & You’re Saving Paper

Aug 1, 2019 | News

Central banks around the world are not planning on selling their rising gold stockpiles any time soon, said Capital Economics, adding that this year’s purchases will hit a 59-year high. “We estimate that central banks bought approximately 375 tonnes in the first half...