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Supreme Court Decision May Help Unleash $150 Trillion “American Birthright” Hidden for Over a Century [Yahoo! Finance]
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Code could soon unleash the largest transfer of wealth in American history —but only a small percentage of Americans will be positioned to benefit. “America is anything BUT broke,” says Rickards. “You and I are sitting on a ‘national inheritance' worth $150 trillion and counting.” Rickards refers to a provision embedded in Title 30 of the U.S. Code, established by the 42nd Congress, which created what he calls a “national trust fund”. This fund, he says, has quietly grown for over 163 years and is now valued at approximately $150 trillion—nearly four times the national debt. “It's enough to take a 100% stake in EVERY company listed on the NASDAQ. From NVIDIA, to Google, to Amazon. And buy EVERY private home in the United States.” A Turning Point: Supreme Court Overturns the Chevron Doctrine Rickards believes a recent Supreme Court decision—the overturning of the Chevron Doctrine—has cleared the final legal roadblock preventing access to this vast reserve of national wealth.
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