Not to long ago I clicked on an ad for a free investor’s kit from Goldline International. I was skeptical at first entering my phone number and address to a web form for a company I knew very little about. Despite these risks I took a chance and filled out the forms.
Faced with a shortage of small banknotes, people in Myanmar are resorting to bartering cigarettes, shampoo and other items.
The bartering illustrates the effects of surging inflation and the curious decision to stop printing small notes.
Also known as the FOREX or foreign exchange market, this is a global trading arena that is open 24 hours a day from Monday through Friday. This is because no matter what time it may be where you live, there is always somewhere in the world that is open for business.
The American government is staring at total obligations of US $115 trillion, America’s debt-to-GDP ratio is off the charts and the American public is also up to its eyeballs in debt. Under this scenario, you can bet your bottom dollar that the American establishment will try to reduce this debt overhang through a process known as monetary inflation. If you have any doubt whatsoever, take a look at the chart below, which captures the incredible expansion in America’s monetary base.
Children’s cartoons have a better understanding of monetary policy then the federal reserve and our Washington Bureaucrats. When the boys get a hold of a Multiphonic Duplicator they start duplicating money like crazy. In the end the bury the town in money, which leads to hyperinflation. I think we need to send Scrooge McDuck to D.C. to straighten them out.
This list is from the first things to disappear in Sarajevo at the start of the war. This list was originally written by James Wesley Rawles, former army intelligence officer, author, and survival expert.
Why should I buy silver? Over time Silver and other precious metals have always held their value. We can not say the same thing about our own U.S. Dollar.
One of the best answers is that inflation is destroying the value of our dollar and the government debt is spiraling out of control. However, the problems could be much worse in the near future.
Patriots Survival in the Coming Collapse is part novel and part survival handbook. Where the instructions are seamlessly interwoven into the action of the story.
The characters in Patriots use advanced survival techniques to endure the collapse of the American civilization. From how to properly secure your survival retreat with reinforced doors to treating fatal gunshot wounds on your kitchen table and everything in between.
What is inflation you may ask? Rather than explain using complicated economic terms and charts I will show you first hand. Allow us to take a time machine back to the year 1960. A used car costs close to $800, a gallon of gas $0.31, a gallon of milk $0.49, and the cost of a new home was a mere $16,000. Reach into anyone’s pocket at that time and you will find something very different than you would today…Real Money.
Our currency has been steadily losing its value over the years. Soon we will be forced to issue new nickels because they cost more to make than they are worth.
Hyperinflation Nation starring Peter Schiff, Ron Paul, Jim Rogers, Tom Woods, Gerald Celente, and others. Prepare now before the US dollar is worthless.
“When you print giant amounts of money…throughout history that has led to inflation.”
Did you know that the rising price of copper has made pennies created before the year 1982 worth almost 2 cents today? In the year 1982 the US mint stopped creating pennies from 95% copper. Currently pennies are now made with Zinc. What it means is that newly created pennies (1982-2009) hold almost half of the value of a penny. ($ 0.0048) While pennies created 1909-1982 are worth $.018 by based on current copper prices.
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