Economists Views on Contol, Money Creation and Economic Collapse 8-17-2021
Who REALLY Runs The World and How to Protect Yourself - Gerald Celente
Aug 14, 2021
Gerald Celente, Founder of the Trends Institute, delivers a scathing criticism of big banks, pharma, tech, politicians, and the military industrial complex - along with his rules to prepare and protect yourself from the powerful.
Gerald talks about the death of ingenuity in the US and the rise of China through the rest of this century stating; "the business of America is war, the business of China is business."
Can Gold Save You during the Coming Economic Collapse
The Nomad Economist: Premiered 5 hours ago
While reflecting on the distorted world in which we live and thinking about the woes of owning real estate which weather and time have a way of ravishing I started to think about value. Owning any tangible object seems to have its drawbacks, especially if it has no utility value.
Still, they do have at least one thing going for them, they are real. Liquidity is also an issue and unless you can sell an item safely and without a lot of bother, it is difficult to argue it is liquid. The recent pullback in the price of gold brings front and center the reality no investment is free of risk.
When leveraging a position by using borrowed money this risk grows substantially. There is also the issue of where to store it, and even whether what you have purchased is real. Nobody wants to be made a fool of, and that is what a person becomes when they spend their money on what they think is gold only to find out later the item purchased is a fake.
People may claim there is huge demand, that a commodity is rare, and that the cost of producing it is soaring but that does not mean its value is destined to rise. Supply and demand remain king when it comes to valuing a commodity, and gold's role in our future has yet to be determined.
How is Money Created? – Everything You Need to Know
Coldfusion
With trillions of dollars being printed around the world, it's time we take a look into how money is created.