It doesnt take much to stop and look at the world economy today and sense that something isnt quite right. Ever since the dollars separation from gold in 1971, it is the first time in recorded history that every major economy on the planet is using currency backed by nothing. Fiat monetary systems (currency backed by nothing) do not work over the long term and history proves it. ALL fiat currency systems have failed in the past in every country that has tried it...thats right folks...100% of them FAILED. The dollars days as the world reserve currency are numbered. A new monetary system is coming and its just a matter of time before its here. Money is simply a tool we use to trade our economic energy. It must be a medium of exchange, a unit of account, divisible and interchangeable. But above all it must have REAL VALUE. It cannot just be pieces of paper that politicians can print in unlimited supply. It must be tied to real production of goods and services and it must have intrinsic value to maintain its purchasing power or else confidence is lost. Looking back at later nineteenth century/early twentieth century, free market economies operating on a gold standard grew more rapidly, had lower unemployment and had a much smaller gap between the rich and poor. They operated more efficiently and to the benefit of more people on a gold standard while protecting our civil liberties from criminal banking cartels and corrupt politicians. The founding fathers understood the benefits of sound money and the evils of paper currency which is why they wrote into the Constitution that America would operate on a gold standard and that the people would hold the power over the money supply from the very beginning. Now is the time to educate yourself and others and prepare for the inevitable changes that are just around the corner. https://youtube/watch?v=8W26qsynbWQ
Posted on: Sun, 12 Oct 2014 22:53:59 +0000