Saving Dollars Is Holding You Back
Your asset is really a liability
Why keep dollars? Or any fiat currency?
We just had Lebanon devalue their currency by 90%, stealing nearly all of their citizens wealth. In one day!
Lebanese citizens have been breaking in to banks and robbing banks at gunpoint just to get their OWN money out.
Chinese tanks have had to roll in this past year to protect banks from citizens trying to get their own currency.
Sri Lanka collapsed and presidential palace was overrun.
Venezuela, Argentina, UK, and many more countries have all had bank runs or collapses in their national fiat currency in the past year.
Meanwhile El Salvador chugs along growing its economy by leaps and bounds with bitcoin as legal tender.
Funny when government cannot steal the wealth of its citizens everyone tends to win.
Default has happened in America multiple times as well.
Which may or may not be a surprise to you…👇
•1913 - Start of Federal Reserve
•1933 - FDR revalued the dollar compared to gold from $20 to $35/oz. Executive order 6102.
•1944 - Bretton Woods agreement tying the world to the dollar backed partially by gold.
•1964 - US took the silver out of the coins.
•1971 - Nixon took the gold out of our currency, rendering it just a piece of paper.
• 2008 - GFC where the “endgame” of bailouts started.
•2022 - US froze ~$600 Billion of Russian assets.
Janet Yellen and every political pundit says, “my country will not default and we uphold our obligations.”
Yet they have over and over as we just laid out.
These are called “soft defaults” where they just change the rules and most just let it slide until the problem is untenable.
The dollar is debt.
It is not backed by anything of value.
The military? The petro-dollar? Confidence in the charade to continue? That someone will wake up and pay their taxes the following day?
Great, what does that matter when 10% of the population wakes up any day and says I don’t want this toilet paper anymore?
Is the military going to come door to door and force you to use their currency?
They going to be jailing people for not using it?
What is your chidlren’s freedom worth to you?
Every dollar has been loaned into existence and is owed back to the central back with interest.
What happens when you have paid every dollar back but their is still outstanding interest owed?
You can clearly see at the top as the first two bills;
The first is literally a certificate saying your name and how much was in trust for you.
The second saying that “This certifies that there have been deposited in the treasury of the United States of America ten thousand dollars IN GOLD COIN PAYABLE TO THE BEARER ON DEMAND.”
The last one is closest to current day and says, “Federal Reserve Note. Will pay to the bearer on demand 10,000 dollars.”
A straight admission that you got rug-pulled and are holding the bag.
Meaning someone (government and federal reserve) took the gold, real money out of the certificate, and left you holding a piece of paper.
So, the paper is worthless, yet the charade can go on for a while until enough people realize what they are holding isn’t worth the paper it is printed on.
Then they run to the bank demanding their currency and that’s where we get the term “bank run.”
One has to ask why your money no longer is backed by something when it used to be?
Money comes from human value creation, not from the government printing press.
Most people hold dollars thinking they are an asset when in reality they are liabilities.
Hence why most people can’t get ahead and find themselves searching for retirement or money at the end of the month for rent.
Crazy not to look for a new monetary system when you see just how hard you are being worked over.
Bitcoin is the peaceful vote for a new monetary system.
Removing yourself from the theft and counterfeiting of your wealth and in to a sound money standard where YOU are in control.
Stay strong,
Brandon
