Its official, the policy that the US and UK has “openly” agreed to is inflating all assets by devaluing all currencies. The colonies around the world will surely fall in line with the command from their superiors. The race to the bottom continues and is about to pick up speed! Theoretically, this sounds like the easy solution to strengthen up the bank’s balance sheet. In reality, this just assures a total economic collapse of our monetary system in the future.
Here is the inevitable problem that we will face. The amount of currencies (especially dollar) and people in this world will sooner (rather than later) reach a level where the demand will greatly outstrip the supply of natural resources’ in the world. Furthermore, the bankers have hidden the real cause of this global economic catastrophe. Let’s not forget that it was the bankers in Wall Street and Main Street that bribed government to lose lending standards. They pushed fraudulent loans to anyone with a pulse that was willing to take on the risk. Groups like the NAR actually feared renters and young middle class folks into purchasing more than they could afford. Then, when it was clear that the housing market was going to collapse, the US government changed the BK rules to favor the lender and punish the borrower.
We really have no one to blame but ourselves. The US has promoted a tax cheat as the head of the Treasury. A Chicago politician who hires people based on color and political contribution made is in charge. Corporate lobbyists from every industry have a firm grip on policies currently made.
Based on all the FACTS of today’s situation, the investment recommendation is clear. Buy things people need and want …stay away from thing people can print out of thin air.
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