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The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

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TRIGGER$ - Fiduciary Failure

The Entitlement Escape through Financial Repression

A Fiduciary is a legal or ethical relationship of trust between two or more parties.

In a fiduciary relationship, one person, in a position of vulnerability, justifiably vests confidence, good faith, reliance, and trust in another whose aid, advice or protection is sought in some matter. In such a relation good conscience requires the fiduciary to act at all times for the sole benefit and interest of the one who trusts.

A fiduciary duty is the highest standard of care at either equity or law.

We have entrusted the wealth and prosperity of our nation to politicians and our financial fiduciaries. As such our Social Security, Medicare, Pensions and personal wealth all are in their hands. The coming entitlement and pension crisis will show they have failed us terribly.

TRIGGER$ Fiduciary Failure

 

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