As far back as the Romans and Greeks, cultures have engaged in deficit spending. These societies have always engaged in large scale wars, as their nations expanded into empires. Major drawbacks to economies or empires include the high costs to engage in these wars. Throughout history these wars have always been funded through too much government deficit spending. At the end, empires always collapse from too much debt. It is at this point where very large scale wealth transfers will occur, to those that are positioned correctly.

What is currently being done today to the US dollar greatly impacts it negatively. Which in-turn is negatively impacting every fiat currency in the world. Sadly today there is no culture, country or currency that is safe from the negative effects of the dollar. Basically stated, if the world's reserve currency is sick and catches a cold it will become contagious…

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