No Real Bottom for the Dollar … (Death of the Dollar–10) with Video
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This permanent round of money-printing will rob us of our savings and wealth.
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– Flash Points –
1 – Since 1913, the dollar has lost 98% of its value.2 – The US$ seems strong, but only when compared to other currencies.
3 – Zero-interest rates killed the economy.
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The Atlantis Report – There is No Real Bottom for The Dollar
– Synopsis –
In this timely video, we are told how the crony capitalists have destroyed any semblance of “real capitalism.” They have done so by engaging in corporatism, cronyism, predatory capitalism, distorted economics, and worse.The End is Here
Since the 2008 crash, there has been no economic recovery – regardless of what the media or the politicians say. Any growth has been illusory, and most profits are the result of nothing more than the big bubble of hot air.
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Hold Gold
The powers-that-be realize that a collapse is coming, and they are preparing for it. We can, too.The only reliable form of money with which to preserve your wealth is gold. While the dollar and other currencies drop to their intrinsic value of zero, precious metals will retain their value. (Image source)
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– Insight from Outside –
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The capitalism that we have today works well and looks good for only the top 10% or so. For all the rest of us, it actually works AGAINST us. (Image source)
Free Money, Forever
Given the current “not-QE to infinity,” the powers-that-be clearly intend to print money forever. Not only will this permanent round of QE create only fake “wealth” – it will also rob the middle and lower classes of any wealth they may have saved over the years.Real Money, Now
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Clearly, now is the time to buy. The prices of gold and silver have been suppressed for years, meaning that both are currently very cheap. And potentially very, very lucrative. (Image source)
#deathof-dollar #money #investment #crypto #cryptocurrency #economy #steemsilvergold #dedollarization #palnet #qe #infinity #steemleo
Dear @majes.tytyty
It's hard not to agree with that statement. Amount of money that US printed lately and is planning to pump into system within next weeks is insane. I'm very curious how long will it last before all those newly created currency will not be enough.
Right now "liquidity" issues (mostly within REPO market) are kind of solved.
I've myself not sure if zero-interest rates are yet a killer. As long as we're not in negative territory then it's probably not so bad.
Sometimes I'm wondering what would be impact of negative interests rates and I was amazed to discover that EU entered this negative territory (-0.1%) already 5 years ago. And it didn't really affect local economonies so far in any major way.
So even if it does have an impact on economy, it seem that we may not "feel" it for many years ahead. Perhaps.
Upvote on the way :)
Yours, Piotr
You're right in saying that the effects / impacts have not appeared yet. That's cuz the low rates and the continued printing result in the can being continually kicked down the road. So, there's no impact .... YET.
But this kind of foolish policy is like a junkie who takes more heroin when he starts to feel bad. The immediate result is that he suddenly feels better, even great.
However, we all know what will happen to the junkie. The same thing that will happen to the economy that's been addicted to constant injections of free money.