This guy is goooooooooood.
Not just good.
“Since gold can’t be “debased”, it begins to attract investment from those who would rather not consume today’s overproduction (and via that sharing wealth and ‘favours’) but continue to hoard these for the purpose of individual wealth accumulation.
Owning your own money makes you a Bad Person.
Gold in this way symbolises humanity’s selfish streak.
What’s more, while gold encourages anti-social behaviour and hoarding in individuals, a fiat-based system encourages the very opposite: sharing, distribution, collaboration and cooperation.
SJWs in finance, called it here first.
Welfare-phobia is round the sharp corner of a Hillary victory.
The “NWO Socialist Welfare State” (or whatever you want to call it) is completely dependent on the US dollar’s global use in the store of value role. Something that cannot be controlled. It can only be earned through confidence. And most simply stated, that’s ending. Look no farther than how the creep of progressivism has paralleled the creep of the US dollar, and then you will see how far this movement is about to be set back.
We live in the end times of progressive religion. PREACH.
Meanwhile, whatever your opinion of gold.
I read a statistic… The average American has less than a $5000 net worth… it’s pathetic… we’re basically broke… but in fact it’s much less… If you actually took the national debt and broke it down per capita, the average American has a negative net worth because the government has borrowed in his name more than the average American is able to save.
What’s happening is pretty much what we would anticipate. I don’t see from the data any real economic recovery, certainly not in the United States.
We’re spending more money, but it’s not because we’re generating more wealth. We’re generating more debt. We’re using that borrowed money to consume and so temporarily it feels that we’re wealthier because we get to spend all that money… but we have to come to terms with paying the bill.
The bills are going to come due. Right now interest rates are being kept at zero which makes it possible to service the debt even though it’s impossible to repay it… at least we can service it. But once interest rates go up then we can’t even service it let alone repay it.
And then the party is going to come to an end.
In a game of musical chairs, you watch for the teacher to edge nearer the music player before hovering near a chair. The teacher has a finger above the Stop button. Nobody is hovering.
I think the whole of civilization will collectively refuse to pay it. They can’t force us without becoming slave owners. I think the Jews or whatever usurers are in control are gonna get a shock when the pound of flesh is taken from the heart of every person who conned us pre-birth.