For decades now, the world has been partying wildly, while drinking from the proverbial punch bowl of good times. Ever since the gold window was closed by President Nixon in 1971 governments have increasingly relied upon deficit spending and avoided any real attempts to pay it back. As the saying goes “sooner or later you have to pay the piper”. Sadly, the only forms of payment that have ever been paid towards all of these national debts, has been with fiat currency. In essence, more borrowed money.

The politicians want your votes and they want to keep their cushy jobs full of perks for an eternity. The only way they can guarantee their own job security is to promise the populous everything and constantly go on a deficit spending spree to pay for it. If you’re happy, they remain in their cushy jobs and the cycle just keeps repeating each election year. The Fed is obligated to the politicians; they insure an unlimited supply of fiat currency is available for the politicians to fund all the government programs and handouts…

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