Sentences with phrase «dollars in a bank vault»

The impact we have on others is worth far more than just dollars in a bank vault.

Not exact matches

Just as important, an authentic strong dollar policy would mean that no dollar can be created that did not have «an equal amount» of gold / silver in bank vaults — in essence a 100 % gold dollar.

He settled on a price of $ 5 million dollars and asked the seller, Alan Rosen, to leave it in a bank vault in Miami, Florida.

Millions of dollars worth of $ 1 coins languish in a vault at the Federal Reserve Bank of Richmond's Baltimore branch.

Glass Steagall was repealed in 1999 and now in the vaults of the major banks there are 2 trillion dollars of worthless pieces of paper.

He raised taxes at a time when the average family was near or in starvation mode, he confiscated all of the nation's privately - owned gold and then promptly devalued the dollar by 40 % (reducing the buying power of any saved dollars by almost half overnight), he raised bank reserve requirements numerous times (taking yet more cash out of the real economy so it could be hoarded in vaults), he actively supported a trade war with tariffs that created massive global imbalances (some would argue ushering in the rise to power of fascist regimes that would have had no chance in times of prosperity), and perhaps most damning, rather than plowing most of those raised tax dollars back into the stalled economy, he instead bought gold on the global markets for the government and sequestered it, keeping it from backing new dollars (monetary expansion, which most understand is required to turn a recession around) and instead further crushing the economy — and not just the US economy.