ECONOMIC & MONETARY CHAOS IS THE RULE RATHER THAN THE EXCEPTION
In the next few years the world will experience the end of the end of another failed experiment of unlimited debt creation and fake fiat money.Economic history tells us that we need to focus on two areas to understand where the economy is going – INFLATION AND THE CURRENCY.
These two areas are now indicating that the world is in for a major shock. Very few investors expect inflation to become a real problem but instead believe interest rates will be subdued. And no one expects the dollar or any major currency to collapse.But in the last two years money supply growth has been exponential with for example M1 in the US growing at an annual rate of 126%!
Hyperinflation is a currency event. Just since 2000 most currencies have lost 80-85% of their value. And since 1971 they have all lost 96-99%.
In purchasing power terms it is only worth 2 cents today compared to 1971. So in half a century, the dollar has lost 98% of its value compared to real money i.e. GOLD.
Skillful but deceitful manipulation, through the issuing of uncovered paper gold, by the BIS and bullion banks has so far kept gold well below its intrinsic value, measured in dollars.The short term relationship between money supply and inflation is not straight forward but the long term effect on inflation is inevitable.
Crack-Up-Boom
The crash of the credit and monetary system due to continual credit expansion leading to unsustainable and rapid price increases or inflation.The consequence would be “a final and total catastrophe of the currency system involved.
These two areas are now indicating that the world is in for a major shock. Very few investors expect inflation to become a real problem but instead believe interest rates will be subdued. And no one expects the dollar or any major currency to collapse.But in the last two years money supply growth has been exponential with for example M1 in the US growing at an annual rate of 126%!
Hyperinflation is a currency event. Just since 2000 most currencies have lost 80-85% of their value. And since 1971 they have all lost 96-99%.
In purchasing power terms it is only worth 2 cents today compared to 1971. So in half a century, the dollar has lost 98% of its value compared to real money i.e. GOLD.
Skillful but deceitful manipulation, through the issuing of uncovered paper gold, by the BIS and bullion banks has so far kept gold well below its intrinsic value, measured in dollars.The short term relationship between money supply and inflation is not straight forward but the long term effect on inflation is inevitable.
Crack-Up-Boom
The crash of the credit and monetary system due to continual credit expansion leading to unsustainable and rapid price increases or inflation.The consequence would be “a final and total catastrophe of the currency system involved.
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GCL08 : It is indeed getting alarming
Mcsnacks H Tupack OP GCL08 : August 15th is the 50th anniversary of money losing its fiat backing
GCL08 Mcsnacks H Tupack OP : Wow, thanks for the info
iamiam : my investments the last month
PlowMan : #truth Long and heavy on metals.
Mcsnacks H Tupack OP PlowMan : Have about 2-3yrs max before dollar is reduced to toilet paper. That’s why they are pushing digital currency and rushing to get a program built. Takes 2-3 years to build a Digital program so it will be close.