The composition of the US dollar, including its backing, throughout America’s history has been replaced numerous times. Another replacement is currently underway. Are you prepared?
President Nixon’s Bretton Woods Agreement lead our government leaders to rely on paper money at an ever-increasing rate. The full effects of this cannot be understated and are yet to be seen in their entirety. Today, these leaders are flooding the market with paper money, yet again, in attempts to mull over the financial problems knocking at our door.
The problems we are facing now are with the dollar’s purchasing power of tomorrow at serious risk.
Economist Mike Maloney explains in his Hidden Secrets Of Money, the debasement of our currency by evasive and shortsighted politicians is nothing new. In fact, history is ripe with examples of this since the Romans intentionally progressively shrank the silver content of their coins.
Now, this brings us to 2020 where the Federal Reserve’s ingenious response to the world-wide pandemic and economic slowdown is unleashing more ‘thin air’ creation of dollars than ever before in our history.
It now comes as no surprise that developed countries worldwide are pushing for the need of a Great Reset, where national cryptocurrencies replace the current existing fiat versions.
Politicians are yet again perpetuating the cycle of debasing and abusing the currency for own needs until the system has no choice but to fully collapse, says Mike. This time they are hoping to smooth over their tracks, which are planned and evil in nature, with the ‘Great Reset’ (which is anything but ‘Great’).
This is one reason Mike remains certain and assured gold will strengthen dramatically in the coming environment. Currently, Mike emphasizes, is the best time to ensure your family and future are backed by gold as gold is in a corrective phase (which is the best time to buy).
When the world turns to gold yet again, as we see throughout history at the collapse of fiat currencies, you will be relieved to have gold in your pocket. Partnering with a company who understands the fiat currency and the imminent collapse of the dollar, can be the best move for you given the needs and sound risk management protection we all desire.