CONFIDENCE v Fiat
COMMENT: Pricey Mr. Armstrong
You need to ask your self the query..how have most fiat currencies ended?
The reply is solely, the way you HAVE to organize your self for the endgame, irrelevant of WHEN it could happen, the time to organize is at all times yesterday, but when yesterday is just too late, at the moment shall be additionally time.
Centre of subject preparation for the tip of a fiat forex, ought to be our solely goal. The remainder is all left of subject play.
Taking part in the Endgame stands out as the solely technique to survive what’s lifeless forward.
Sadly, it has to happen, political/ social strain shall guarantee this. The Elite gave been nicely conscious of this endgame because the inception of The Keynesian Mannequin and have been acutely conscious for at the very least a decade.
Variety regards GH
REPLY: I’ve been in numerous conferences
They didn’t understand how this is able to finish. They at all times assumed that they had the facility to endure
Solely now could be the handwriting on the wall
It has nothing to do with fiat forex.
Rome fell as nicely.
It’s fiscal mismanagement regard of what you name cash at the moment. However the actual issue was the collapse in CONFIDENCE after Valerian I used to be captured by the Persians, changed into a royal slave4, after which stuffed as a trophy when he died. Now we have Biden and he’s no extra the chief of the free world, however the laughing inventory of world leaders. Because the CONFIDENCE within the Biden Administration collapses as he has already surrendered to Ukraine to Putin.
So it has NEVER been what’s cash. For even when the cash is treasured metals, the Silver Democrats overvalued silver which led to gold fleeing the nation and JP Morgan needed to bail out the nation in 1896 with a gold mortgage due to the Democrats taking bribes from the silver miners to overvalue silver. The US was drowning in silver.
Keep in mind William Jennings Bryan’s well-known speech in opposition to the gold commonplace?
In fact, it was the silver to the gold ratio that turned the presidential election matter in 1896 and just about bankrupted the nation as a result of the federal government by decree overvalued silver at 16:1 It was the fiscal mismanagement and the forex was treasured metals. Listed here are the phrases of William Jennings Bryan:
https://www.armstrongeconomics.com/wp-content/uploads/2020/03/WilliamJenningsBryan-1896-Speech.mp3
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