Alarming… That was my initial reaction – allow me to explain why…
(click the chart to see a larger image)
As you can clearly see, we have increased our money supply “32 fold” in less than a century – and “4 fold” or 400% in just the past 6 years. If our currency (dollars) were shares in a company – and in a way they are, this action HAS to make each dollar worth less than before. Again, as I stated in my video, I’m NOT an economist, but, it sure does not seem like there are any GOOD outcomes to this situation. If you feel otherwise (or agree with me), please do feel free to post in the “reply” section below this post.
Is this why food prices outside of the US have skyrocketed?
I’d say, at least in part, yes. And… consider the implications of what will happen when other nations begin to trade in other currencies than the US dollar? What will this do when the dollar is no longer in strong international demand?
The answers to those questions paint concerns for the future
At least in my mind they do! Now again, I’m not an economist, but seeing this chart and understanding the basic implications, I have strong concerns.
I know one thing for certain…
We can’t count on our elected representatives in Washington to address this. The problem has been growing for years and no one (in either party) has had the guts to say “hey… what about this??) So… its up to you and I to prepare ourselves and our families for whatever may come our way. As Americans, we STILL have a “streak of independence” in us and we CAN do what we need to do – if we understand what may be coming our way – and why the way things have been for much of our lives… may be changing and changing significantly.
- Food Storage – (click here and scroll down this post to see what I chose as my “food company” – and – what I’ve done for water filtration (does it just make sense…”in case”) – consider it a hedge against inflation AND in case distribution channels experience disruptions (Do not be a victim of the “normalcy bias” (click link to learn more)
- Keep your earnings in the form of REAL assets – if you’re serious about this, contact me and I’ll refer you to “my guy” at Monex (you can research who they are, but when you go through my contact, he has assured me, you’ll get the best price; plus I’ll share what I prefer in the world of silver and gold) – A thought: Gold and Silver have had REAL value for THOUSANDS of years…now some would have you believe that has changed. Does that perspective make any sense to you? I have a video coming out soon that will illustrate the point. Look for it!
- Earn as much as you can – but then refer to the point raised above! My plan? Since I “earn on the road” – for me its the concept of “earn from anywhere” that matters, and here is THE solution I’ve found – “Making the world just a little better by expressing gratitude and kindness“