(Listen to audio version of me reading👆)
People say dollar is going up. (HINT) No it’s going down. It’s just going down slower than the other currencies.
If prices were going down then you could surmise that dollar was actually gaining in purchasing power.
Because of inflation which is the debasement of the currency it’s causing prices to explode everywhere. All other currencies are breaking even more.
Supply chains are part of the reason to be sure but most industries are up and running. Things are open everywhere.
Inflation is a monetary phenomenon and happens when governments print currency.
Inflation is not a term that should be used to define supply chains being down, thats an entire different path to go down.
Gold stayed in the plane!
Mike Maloney always had the best explanation of all fiat currencies.
Imagine that gold and sound money are in an airplane with all of the fiat currencies of the world flying along at a level altitude.
Then all of a sudden the fiat currencies get a great idea to jump out of the airplane with their parachutes on their backs. (This CRAZY act can be thought of as printing currency and inflating your money away transferring the wealth from the poor middle-class to the 1%.)
Those who own the assets, or stand closest to the currency printer, win.
Gold continues along at the same altitude in the plane in a straight line holding its same purchasing power as always.
However, the currencies are all falling towards the earth at varying speeds. Some want to print more currency, so that currency falls faster.
Others have bigger parachutes and don’t print as much currency and their descent is slower.
Think of this as the US Dollar being the currency floating the slowest toward the ground.
All the other currencies are printing faster and faster and falling faster toward the earth.
Train your eyes to see the invisible in the information age
When an observer looks at these currencies all falling toward the earth, the untrained eye would say, “look at the dollar it is going up in purchasing power compared to all the other currencies! That’s great!”
However, to the trained eye, they know that gold is still the same exact value because it’s true money and it is at the same altitude flying in the plane while all the other currencies have been falling against real things of value.
Some currencies falling in value faster than others.
The US Dollar happens to be the reserve currency of the world so it generally falls slower in the macro than the other currencies do.
At the end of the day the 99% lose.
Everything in their life becomes more and more expensive and the 99% are stuck holding the bag of the unproductive class, printing currency to enrich themselves while the poor and middle-class are left to pay the dole. (Through taxes and inflation.)
As you could guess this gives most people a lower and lower standard of living.
Some might look at America and say, “wow look how great we’ve had it though what do you mean, you are crazy!”
However if we would have had sound money this entire time I would bet any thing that humans would have even more progress and be even further technologically advance and further down this road of life.
Plus, the biggest threat we face because of monetary collapse and a rot-gut of culture would not have happened on these fiat currencies.
So in the micro over the course of a few decades it looks great.
But when you zoom out and look around the world everything is collapsing and humans are now descending into the depths of a fourth turning and cultural despair that we have not seen in 100+ years.
I have great hope
I do believe at the end the day we will get through this because we always do, some better off than others.
On the back of it will be massive abundance and prosperity for those that hold sound money and hard assets.
This has and always does get people through times of chaos.
It will be a new enlightenment. Where people have had to learn the lessons of the past one more time…
In plain sight
The new monetary systems are being built all around us and out of sight of the average person.
But if you look closely you can see it.
It’s PayPal trying to censor you.
It is the governments talking about central bank digital currencies (CBDC) which are basically one in the same.
It is China and Russia and the other countries talking about new monetary systems and going around the dollar (petro-dollar.)
It is the bitcoiner crowd talking about how they will be the answer and building an entire parallel system in the darkness of night.
The thing we do know is that we must advocate for freedom and liberty for every individual.
If we do that and stay strong to our core principles then everything will be aligned and the average person will regain life, liberty, and property.
We have a fight ahead…
Stay strong,