Thursday, September 26, 2013

Currency

When a currency collapses, it is replaced with a new one, then ALL tangible assets become the means to transfer wealth from one to the next. Germany backed its currency with real estate to stop the hyperinflation. Real estate loses its value if you go too far as will gold and you move into a Dark Age. Then it becomes food and that is the origin of money – back to square one. Hopefully, we can stop that before it is too late.

You will pray for hyperinflation because that way at least the government is not becoming aggressive hunting down money – they print it. Unfortunately, they are coming after everyone. They will be raising taxes dramatically once interest rates start to rise.

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