Lynette Zang and The Atlantis Report Sunday Evening 3-7-2021
LYNETTE ZANG
What are the Ramifications of Central Bank Digital Currencies?
Mar 4, 2021
Central Bank Digital Currencies (CBDCs) are coming. This new form of fiat money will give central bankers and governments complete control over everyone dependent on them. But everyone needs to remember that money is a tool to value your labor.
We know that inflation is part of the design, but we also know that, officially, there is virtually no purchasing power left to inflate away.
And so, the next target is your principal. When we look at our personal monetary choices, physical gold and silver is within your control (you hold it and own it) and is completely private.
The choice is yours; remain inside the system and hope for the best or become your own banker and hold physical metals truly outside the system.
The Atlantis Report
Ways to Prepare to Survive Rising Interest Rates & The Great Implosion Reset
Mar 7, 2021
Ways to Prepare to Survive Rising Interest Rates & The Great Implosion Reset
Crude up. Gas up. Oil up. Electricity up.
Vladimir Putin rubbing his hands in glee over all the BILLIONS Biden energy policies lining his pockets. Gas prices may hit the highest levels since 2014 as OPEC+ keeps oil output cuts.
The U.S. National Debt Will Soon Cross The 30 Trillion-Dollar Mark. The real debt, including debt on and off the books and unfunded liabilities, is actually in the range of 250 trillion.
Once our national debt crosses the 30 trillion dollar mark, our debt to GDP ratio will be surging toward 150 percent.
In the basic Economy 101 classes in college, they laid out the basic laws of an economy. You cannot violate these rules without dire results.
Rule #1: The debt to GDP cannot ever exceed around 90%, or that economy will fail. No ifs, ands or buts about it. We are at 150% now. So the death spiral of America gets worse, and the ground is rushing up at us. But since we have not hit the ground yet; 10-year Treasury yield jumps above 1.60% Thursday afternoon after Powell refers to inflation's rise as transitory.
Transitory from inflation into hyperinflation. Mortgage rates soar above 3%. How high can they go before they scare off homebuyers! Goldman Sachs raises a 10-year Treasury yield target to 1.90%.
The Fed has killed the bond market, and it could take everything down. The bond market could bring down the entire house of cards. The privately-owned federal reserve bank has killed our economy and devalued our dollar.
The $1.9 trillion COVID bill has passed.A bill with so much pork it would make a hog farmer jealous. They just put the pedal to the metal on this souped-up Dodge of an economy.
All this stimulus and monetizing of debt is supposed to lead to recovery, but we never seem to recover. We're just inflating the stonks...which gives us the illusion of recovery.
Trading bad money for good is always a good idea. Silver is good money. Buying silver is the wise use of any fiat stimulus money.
Silver and gold are a store of wealth. People say you can't eat gold or silver. But I beg to differ. During the Weimar time, paying a merchant with silver got you into the back room where the fresh food was stored.
Paying with stacks of hyper-inflated fiat German marks got you a loaf of moldy bread. Paper assets, including stocks, funds, ETF, bonds, etc., are a waste of time. They are paper assets, and eventually, all paper assets will go to a near-zero valuation.
What will survive this impending catastrophe is hard assets. If you have all your money tied up in the stock market, you need to at least diversify and store up some hard assets.
Retirement is a pipe dream if all you have is paper assets.