Jan. 1970 Gold was at $35.00 Jan. 1980 Gold was at $850.00 = Do the math....
In 1970, inflation was at 5.5% and then continued to trend up in a range from 5.5–14.4% through the 1970s before culminating at 14% in 1980. In comparison, today's global inflation is only recently above pre-pandemic levels, since mid-2021 (at 5% on average in 2021–22 and 7% in March 2022).Mar 30, 2022
“Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” - Milton Friedman
Thanks for your newsletters and videos! I believe the central banks are a human creation started by people who have turned away from God and thus became an entity that is possessed by demonic forces and that the true intention is now to destroy humanity's will to fight back to God's side. God's money is love and thank you for reminding me of that.
Hey Greg. I started a free newsletter to help raise awareness in my own way.
It's still pretty small, but check out some of my posts:
https://theodoreatkinson.substack.com/p/is-money-a-deadly-weapon-of-war
Love your videos :)
I am SO happy to see this!!! Keep it going. GM
You’re on the right track Theodore!!👍🏻
Nice job Theodore!
Is gold ready to skyrocket just like in the 70s?
Gold/Inflation
Jan. 1970 Gold was at $35.00 Jan. 1980 Gold was at $850.00 = Do the math....
In 1970, inflation was at 5.5% and then continued to trend up in a range from 5.5–14.4% through the 1970s before culminating at 14% in 1980. In comparison, today's global inflation is only recently above pre-pandemic levels, since mid-2021 (at 5% on average in 2021–22 and 7% in March 2022).Mar 30, 2022
We are WAYYYY over whatever inflation is being reported.
https://fred.stlouisfed.org/series/M2SL
“Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” - Milton Friedman
Thanks for your newsletters and videos! I believe the central banks are a human creation started by people who have turned away from God and thus became an entity that is possessed by demonic forces and that the true intention is now to destroy humanity's will to fight back to God's side. God's money is love and thank you for reminding me of that.
Good video , 10yr not spiking big but would still consider this unstable , the chart looks like a mountain hike
Cliffhanger was always my second favorite game on The Price is Right behind Plinko.
The International Ukraine Welfare System and who is financing it. https://youtu.be/fOjPTy9BXbM
US taxpayers > Ukraine > FTX > DNC coffers