06/10/2019 The Collapse of the Fiat Currency System
Manage episode 235783982 series 1061872
June 10TH, 2019-The Collapse of The Fiat Currency System
All fiat currencies eventually go to zero value. Because of Americas ability to globalize our currency system, we have out-lasted them all. The bigger they are, the harder they fall. The World Central Banks have become much smarter, making continuous corrections and extraordinary bail-outs which is inevitably post-posing the ultimate demise of the world currency system. The U.S. Published CPI(Consumer Price Index) is intentionally altered with the removal of food, transportation, real estate and energy costs, to prevent showing citizens the real rate of inflation because this would require them to raise the COLA(Cost of Living Allowance) on all Social Security, Medicare and Medicaid, Pensions etc. According to ShadowStats-Run by highly respected economist John Williams, the real rate of inflation has been 1900% since 1971. The CPI shows 1400%. Either way, precious metals have maintained this level of spending power and growth while the average U.S. citizen has seen steep declines in the spending power of their U.S. Dollars. This is not only a U.S. phenomena but is the practice of all global Central Banks. They call it “competetive Devaluation” supposedly assisting in their ability to export items.
The bottom line is simple. No fiat system has, can or ever will survive this behavior.
Simply put-hard, liquid assets like gold and silver based assets(as a sector) have and will outlast it all. Preserve your wealth in precious metals based assets today by calling COINSPlus at 509-444-0044. We’ve been in business since 1996 and specialize in wealth and capital preservation and helping you build and secure your wealth to weather the massive correction or collapse(currency reset) that unavoidably lies ahead.
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