posted on Aug, 12 2019 @ 01:27 PM
The fiat currency we use was designed to fail.
My guess is it was on target to collapse in 2013- one century after it started.
Makes sense to me- in a hundred years they stole everything from everyone.
People went from every family owning land and a home to nobody owning #, and then they took us off the gold standard in the 70's to give us a last
The Fed let the currency free-spool all through the obama administration, dumping metric tons of cash into the economy to give the illusion that it
still works, with 99% of that currency going right back up the chain to the top 1 percent, mostly through services like Amazon where us every day
folks "save money" by buying our everyday goods online instead of locally.
There's a huge real estate bubble right now, just like there is every 10 years or so. Every time it pops the value of property plummets, and lots of
people wind up under water... and then sure enough a few years go by, the rich get richer, and the value of those properties goes up even higher than
it was before until it can't be sustained.
Only difference this time is that the boomers are dying off, giving a steady stream of inheritance money and dropping a steady stream of property on
the market, priced to sell.
With no end in sight to our overspending, and no possible way to pay off the national debt (something like 70k per capita and counting) all that can
happen is to keep a featherlight hand on that QED throttle and drag out the economic collapse as long as possible. Too much free money and it goes
into a free fall (like it has been for nearly a decade), too little and the people get hungry, losing faith and abandoning the system.
You can't eat gold- but USD is worse than worthless.
It'll go down in flames sooner or later...