It should be obvious to most by now that we live in the midst of profoundly corrupt systems, especially when it comes to money and investing. Its important that we begin to unravel the truth about these things and that we do something about it … and quickly! This is our world, all of us together, and we need not bend over to the manipulations of those who would live off the blood, sweat, and tears of others. Honestly, enough is enough!
I am going to discuss some of the things I’ve observed about the world we live in and what we can do to respond in creative and life affirming ways. I will also be posting many articles and video clips that will hopefully prove helpful for those reading this blog.
Ok, lets begin with a look at money, particularly currency. It is important to realize that our money (read: means of survival in the modern world) is heavily manipulated. This is largely owed to the fact that it is no longer backed by anything of value and so can be created out of nothing by the “for profit” Federal Reserve Bank. More on that shortly…
But the main point is simply that the value of our money is not stable. It fluctuates continuously according to an array of financial machinations that cause its value to rise or, most often, fall.
This was not so when our currency was backed by gold and silver. At that time, its value held quite stable for a great many years. Once Nixon took us off the gold standard, however, the value of the dollar began its long, steady descent as more and more dollars were printed backed by nothing thus devaluing the savings and earning power of the average citizen. At this point in time, the value of the dollar is more than 90% less than what it was when it was backed by gold. This inflationary trend is continuing faster than ever as our politicians are spending money we don’t have hand over fist and the banks are creating it at breakneck speed.
Historically, every single culture which has tried to have a currency backed only by the “faith and decree of the government” has seen its value completely destroyed in the end. So, what is my main point at the moment? Only this: if you are saving the earnings of your labors in US dollars, you are making a bet that those dollars will hold their value for you into the future. Unfortunately, this bet is looking pretty bad at this point.
Everyone who is betting on the dollar as an honest reserve of wealth will likely find themselves losing it all… I know that may sound harsh, but the facts bear it out very clearly. The dollar is a bet, just like any other currency is a bet, like real estate is a bet, or stocks, or bonds, or gold and silver are bets. The best we can do is to look at the fundamentals and the history around these things and make our most educated choice.
In future posts I’ll have a lot more to say about precious metals as a way of preserving wealth, particularly silver. In the meantime, if you are new to all this, you can do a youtube search for the federal reserve or the dollar and find some excellent posts… I’ll include some here as well.
Peace and good will,
AB
