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Prologue The economic and financial history that follows can be summarized quite succinctly as a series of ever-larger and more lethal asset bubbles arising as a consequence of free trade, imported poverty-driven deflation, fiat monetary expansion, technology obsession, and good old fashioned greed. All of which have led to inevitable disaster. At the outset I will clarify my definitions of inflation versus deflation to avoid later confusion. Since the pandemic, the global ec

Before I begin, I want to be clear that I am not a financial advisor and therefore this should not be construed as financial advice. What follows is freely available information that I have assembled to inform readers. Recently I opened a new account at Fidelity for a company I had just started. What I noticed immediately is that the new account automatically defaulted to a FDIC sweep cash management facility without even asking my preference. What I had specifically wanted w