Expect VAST Currency Devaluation to Accelerate-AND YOU LOSE. By Gregory Mannarino
From Greg M
Expect VAST Currency Devaluation to Accelerate-AND YOU LOSE
By Gregory Mannarino TradersChoice.net
Over the weekend CON-gress approved another $95 billion dollar foreign “aid” package, which is in reality a weapons package, for Israel, Ukraine, and Taiwan. The measure passed with OVERWHELMING bipartisan support- and YOU LOSE.
Moreover, and just in case you were wondering if this will be the last time that CON-gress will be doing something like this, the answer is flat out no. This new $95 billion is just the latest installment with much more going out.
How this latest installment was sold to you.
For several months now this $95 billion dollar “aid” package had stalled in CON-gress as it lacked support, but now all that has changed. Just by coincidence of course, IMMEDIATELY after “The Big Show” over the skies of Israel, our loving/caring representatives here in the US wasted no time seeking approval for the $95 billion.
Much like the Inflation Reduction Act, which cost the American people $369 billion and yet to no one’s surprise inflation continues to rise outpacing every single “official” projection. Every single dollar which is either spent on funding for the expansion of war or sold to the American people as a way to reduce inflation, MUST BE borrowed into existence and therefore created out of thin air-AND HERE IS HOW YOU LOSE AGAIN.
The BIG SECRET that you are not supposed to know.
This mechanism of creating cash out of thin air/borrowing it into existence is MASSIVELY currency purchasing power negative, and here is how it works.
When a dollar is created, whether if it is a printed dollar or one added to a digital screen it makes no difference, that newly created dollar IS NOT just automatically worth a dollar, no. For a newly created bill to attain any purchasing power it MUST steal a fraction, of a fraction, of a fraction, of purchasing power from every other already existing bill. Now, multiply this process by tens of billions of times, and YOU HAVE A REAL PROBLEM- mass currency devaluation which results in a loss of purchasing power. And guess what YOU LOSE.
So, who benefits from currency creation out of thin air?
Well, it is certainly NOT We the People who benefit, ITS CENTRAL BANKS.
Collectively, and I have been warning about this for MANY years now, world central banks are in a race to the bottom. That is central banks are deliberately, WITH THE OBVIOUS DIRECT HELP OF LAW MAKERS, destroying the purchasing power of the currency they issue. Moreover, it’s a vicious cycle, here is how it works.
The faster that a central bank devalues their currency, the more cash MUST BE BORROWED INTO EXISTENCE, as it now takes more currency to make purchases and YOU LOSE.
A great myth must be dispelled here.
A central bank cannot ever go bankrupt. The more debt a central bank can issue, or are called on to issue, for ANY reason, THE STRONGER THEY BECOME… and again YOU LOSE.
I am pretty much out of USD. I have no debt but am thinking about getting some since it will be inflated away. Was looking at a 30k personal loan but rates are bananas.
We have 100 acres off grid no debt no utilities except internet and cell phones. 3 years of food stored, lead, gold, silver and produce 85% of our own food. It's pretty amazing. The bad is I walked away from 2 companies in Tampa Bay that I built over 10 years. These idiots destroyed my abundance that I was building and I will not be working until the world gets its head on straight. I am just sitting on my hands, working the farm and enjoying my son. I may start building off grid for others so they can get prepared as I now have a great team but would only be able to do 2 projects a year. Got to say the ozarks are beautiful and life is pretty good however I would rather go back to 4-5M in business a year and my old house in St Pete. 😔
Thanks for all you do.
America has Already Collapsed: People Just Haven't Figured it Out Yet
Our currency has been devalued by 98% since 1913 as admitted by the Federal Reserve.
In 1970, you could buy 250 oz of Gold for $10,000. In 2024, 250 oz cost well over $500,000.
Average wage in 1970 =$9,500. One man could afford a house, car, wife and several kids with one wage earner. Average wage in 2024 =$43,000 and it's not enough to survive in most areas.
In 1950 the average house was $6,000. In 2024, average house cost $450,000.
Car in 1970 use to cost $3,500. 2024 a car cost $47,000.
It's already over for America. It just hasn't psychologically been figured out by the masses. But they are starting to get it as the collapse gets worse and their checks more meaningless.
Substack Read:
what's the DILL?
https://blackboxpolitics.substack.com/p/america-has-already-collapsed