Showing posts with label american debt. Show all posts
Showing posts with label american debt. Show all posts
Sunday, May 19, 2013

American Debt and Its Consequences

The US dollar being the world’s reserve currency where other central banks have taken comfort for decades, now is fundamentally broke. The world’s reserve currency is now broke because of the accumulated American debt that can no longer be controlled.

These days the politicians elected into government and tasked with responsible policy making, don't have the political will do right thing. They refuse to turn things around, to stop the slow train wreck that's approaching. Some believe this slow train wreck will arrive sometime around 2015. This train has been built upon the tracks of circumstance, with decisions that were created re-actively, thus now it's running out of control…


 
Sunday, May 12, 2013

Hyperinflation – America Built Upon A House Of Cards

The economy within the United States today is nothing more than a hyperinflationary house of cards just waiting to completely fall apart. America has been down this path before, however today things are quite different than say during the late1970’s through the early 1980’s. Today just one small fragile mistake will allow this house of cards to collapse, taking America right into hyperinflation.
Hyperinflation is defined as a very high rate of inflation or inflation that has gone out of control. There are several definitions, on the low end it’s defined as a consecutive accumulation of inflation over a three year period averaging 26 percent annually reaching 100 percent by the end of the third year. While on the high side, inflation can exceed 50 percent per month. Even lower degrees of inflation will still wipe out savings and purchasing power within a short duration of time…


 
Saturday, January 26, 2013

American Debt - Inflate It Or Die

Either America Inflates Or Dies
Has anyone ever wondered how come the United States keeps such a firm hold on its gold bullion? Why is it that America keeps its citizens in the dark regarding the benefits of accumulating gold and silver? Yet the US government is in the business of minting and distributing silver and gold coins. Did you know China publically educates its populace as to the long-term benefits of owning these precious metals?

After France wanted all of its debts redeemed in gold, President Nixon was forced to close the gold window to the world back in 1971. Effectively stopping any further gold redemptions on American debt from abroad and ending the Bretton Woods Agreement. Currently America holds about 8,133 tons of gold bullion. That is around 2.4 times more gold…


 
Sunday, May 6, 2012

American Debt - Crisis Point!

America’s Debt
It’s all over the news these days the American Debt Crisis. Will the Democrats, Republicans & Obama ever agree to raise the debt ceiling in time before the US goes into default on paying its own debt? What will happen?

Currently many Americans now have to actually use their credit cards just to buy food for their families and fuel for their cars. Their incomes are not enough anymore to cover these most basic monthly expenses due to ever growing costs through inflation. America’s Debt to GDP ratio is now over 100% with an official $15.3 trillion overall national debt. However in truth you’re not really seeing the bigger picture. ...


 

About Me

Join Our Newsletter

Subscribe to our Free Newsletter, fill out the form below. Watch for our weekly newsletter updates.

Our strict privacy policy keeps your email address 100% safe & secure.

Invest in Gold and Silver

GoldMoney. The best way to buy gold & silver
Powered by Blogger.

Followers