HOW WE CAN THRIVE DESPITE A FAILING ECONOMY
Whether the following article interests you or not—it should. All of us use money in our daily lives and this article is about money and a looming global financial crisis that may or may not happen. Whether or not this crisis occurs, it is important for all of us to be aware of its possibility and there are steps we can take to prepare ourselves. Don’t rely on mainstream media to give you the facts. The American press is nothing more than a huge propaganda machine. For example, Hillary Clinton is being touted as the next presidential hopeful and a very reputable physician recently stated publicly that she displays the symptoms of Parkinson’s disease, which she has probably had for at least a decade. But, I digress. Let us get back to the issue of money.
Historically, the U.S. dollar was designated as the world’s reserve currency at the Bretton Woods Conference in 1944. The Bretton Woods Conference, formerly known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied Nations at the Mt. Washington Hotel in Bretton Woods, New Hampshire. The purpose of the conference was to restore the world’s economy after World War II ended.
During this conference, it was decided that the currencies of other nations would be backed by the U.S. dollar, thus pegging all other world currencies to the dollar. Worst case scenario, if the U.S. dollar crashes, then all other currencies would crash, creating a domino effect. It is also important to note that in 1971, Richard Nixon took the U.S. dollar off the gold standard. This caused the dollar to become “fiat” currency or currency that is backed by nothing.
All of this is simply history repeating itself. Fiat currencies ALWAYS COLLAPSE. It is only through the manipulation of the Federal Reserve Bank that the U.S. dollar has been propped up as having real value when it does not. Today, the only thing that gives it value is the confidence of the people in it; and that confidence is waning.
Please take the time to view Tim Cronin’s excellent video on the state of the global monetary system and its future. Learn about the value of gold and silver and the importance of the average citizen having a storehouse of it.
Then, if you are interested in saving some of your dollars in gold bullion, visit my web page to learn how easy it is.
Humanity will survive because, WE MUST.