Are you prepared for the $100 Big Mac? [VIDEO]
Get ready to fork up big bucks for America’s most popular sandwich.
When mainstream economists say the Dow could shoot up to 100,000 in the next year or two, that doesn’t mean everyone with stocks will become rich!
What they’re neglecting to tell you is that the price of Big Macs will also increase exponentially, along with most consumer goods and services.
As I explained in my latest interview:
“Once hyperinflation starts, it goes really fast. Just ask the people in Zimbabwe or Venezuela how fast this can happen.”
When I appeared on the Rice Crypto show recently, we discussed everything from the stock market, silver, and cryptocurrencies, to the origins of central banking, the end of the gold-backed dollar, and the next financial crash.
During economic crisis, lower and middle class families mostly get wiped out, while those with some wealth and assets tend to be affected less.
Meanwhile, Bernie Sanders is literally trying to make billionaires go extinct, but “Quantitative Easing” theoretically produces billions of dollars overnight.
Like Justin Timberlake said in that Fedbook movie, “A million dollars isn't cool...”
You know what's cool? A thousand bitcoins!
In this new interview, host Chris Rice and I covered bank illiquidity, the repo market, and how capital injections are bailouts, as well as negative interest rates, the inverted yield curve, and treasury bonds.
Rice even asked about my recent stem cell injections.
If you’re interested in making a positive impact on the world, and learning more about Bitcoin and cryptocurrency, economics (and how to profit from it), or philosophy and freedom-related topics, join us at Anarchapulco 2020!
From TDV’s Investment Summit to Cryptopulco and the AnarchAwaken wellness retreats, there’s something for everyone at The World’s Premier Liberty Event.
Of course, you’ll also be invited to the most epic private parties and concerts, if that’s your thing.
Freethinkers everywhere are upgrading their lifestyles from the fast-food lane to the paths of their dreams!
Through self-knowledge and personal development, we can all practice being the change.
Early Bird tickets for Anarchapulco 2020 still available: https://anarchapulco.com
Join the community to prosper from the collapse: https://dollarvigilante.com/subscribe
I remember #1 meals were $2.99 in the past and now are like $7-$8, you gotta love the inflation 😂😂😂
Thank you @dollarvigilante 😀
Thanks for inviting me on @chrisrice it was a great interview!
Thanks for replying Jeff..
I haven't yet interviewed you but if you want, we can arrange it sometime 😅😂🤣
lol same name, what are the odds? :D
For a second I thought you were covering one of my posts 😂
I thought it was really funny 🙂👍
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I think the special case of the US Dollar being a reserve currency will provide a unique scenario. Since it is a reserve currency, there will be more of a fight against the change or the change will be very swiftly.
Like an overnight debasement of the US Dollar.