The Real World of Money
Fred Dashevsky is from Long Island New York. He attended University of New York at Albany and studied psychology, political science, and economics. Fred started in the coin business in 1984 in Northern New Jersey opening several offices in Southern California in the mid 80s. He returned to the east coast in 1989 and opened Hilton head office for SDL Inc. in 1991 with partner Andrew Gause. He has since opened his own business, U.S. Coin Capitol. Give him a call for your numismatic gold investments 800.878.2646
Fred Dashevsky is the owner of US Coin Capitol and a regular guest on One Radio Network.
People ask him what he does for a living, and he says, “I’m a numismatist.” And they say, “Oh, you’re a doctor.”
Numismatics is the study of coins and currency. Fred has been in the business for 36 years.
Why did it become illegal to own gold coins in 1933? How did the Treasury become depleted of gold and dollars the same year?
How was the 2008 resolution of the depleted money supply different from that of 1933?
How did we go from the Roaring Twenties to the 1930s Depression?
Why did the government ask Americans to give up their gold in 1933? What did the government promise in return?
Why was it illegal for Americans to exchange U.S. currency for gold, but it remained legal for Europeans to do the same?
Why did Nixon take the U.S. off the Gold Standard in 1971?
Jeff wants to know if JFK was assassinated because he wanted to print silver certificates.
What was the Fed’s reaction to the “Kennedy Bill”? How was JFK’s United States Note different than the Federal Reserve Note?
How similar was Lincoln Greenback to the Kennedy Bill?
After 58 years, we still don’t know why JFK was assassinated despite the massive data dump in 2018.
“The power of the Fed has grown explosively over the past decade,” according to Fred. “The Fed has become the driving force of the economy.”
What’s creating the bubble in the real estate market? Why is it so easy to get a mortgage?
Why are so many people buying real estate by default? How have historically low interest rates driven up real estate prices across the country?
Why is the supply chain a worldwide problem? What didn’t the creators of just-in-time delivery factor into their plans?
Why does the interruption of computer chip availability create a backlog in the sales of automobiles?
How do borders slow down the daisy chain of shipping? Will the supply chain return to normal in 2022?
“There’s a massive amount of money being created,” says Fred. “The inflation rate is going to be staggering, and I think the Fed is going to be caught flatfooted.”
There was a 30% increase in the money supply last month with only 6% expansion in the GDP.
The Fed overstepped their impact on the economy. Who will lend the Fed money? Are the taxpayers on the hook for the interest payments on the debt?
The reliance on the Fed is far larger than it should be. Our entire economy is now based on the Fed.
Ellen asks, “Do the shiny new coins have any value?”
The amount of gold and silver can’t be expanded during this “economic nonsense.”
Gold is now $1,900 an ounce, and silver is $28 an ounce.
The stock market is going up, but is the value sustainable like gold and silver coins?
“Show me your Bitcoin,” challenges Fred. He can show you his gold and silver coins.