Fiat Currency- The Death Of The United States

Throughout history governments have used gold, silver, and fiat currency as money. In times of prosperity nations used gold and silver coins as legal tender for goods and services. When the government got involved in a long war or became a welfare state they no longer had enough money to sustain its war, so they had to debase their money. Most civilizations did this by mixing copper into their gold and silver coins, thereby increasing the money supply. By increasing the money supply the currency eventually became worthless and the empire disappeared into the history books.

The reason nations flourish when they use gold and silver as money is because it prevents the government from overspending and it makes them adhere to a strict monetary policy. They can only spend what they dig out of the ground. They can't spend what they do not have unlike fiat currency where at the push of a button you can create all the fraud you want. Yes, the dollar is a fraud, a crime against the American people for the governments unability to figure out how to deal with monetary problems or crisis when they occur. It gives them a headache whenever they have to solve problems, so to alleviate this problem they went off the gold standard. Now they can throw all the printed money at the problem all they want hoping in will "jump start the economy."

In the end, it causes gold and silver to do an accounting of all the currency that was printed and when this accounting takes place you stand to make a ton of money if you get in early. Fiat currency is designed to lose value. It's very purpose is to confiscate your wealth and transfer it to the government. Each time the government prints a new dollar and spends it, the government gets the full purchasing power of that dollar.

Ever since the U.S. went off the gold standard completely, 1971, there has been two housing bubbles, a double digit inflation rate, and a big tech stock bubble and burst. All of this was made possible by fiat currency. During the housing bubbles credit was made too available inviting people to buy homes they knew they couldn't afford causing homes to inflate in price to the point were the bubble burst. In a gold standard we would have not have had this problem because again their is a finite amount of gold and silver in the ground. You can only spend what you have dug up out of the ground. You can't print gold and silver out of thin air.

Today, there are more greenbacks in existence than the U.S. has gold in it's reserves. This means in a currency collapse the government does not have enough gold and silver to pay it's debts or yours. There are a lot of people who still think that for every dollar their is a gold coin or bar in a bank vault somewhere backing it up. There is not our currency is completely worthless and losing value everyday. All the dollar is is paper with green ink on it.

We have gone from a country that had no debt to a nation that is $11 trillion in debt. If you add unfunded liabilties such as social security and medicare the national debt is $52 trillion and growing everyday while the amount of goods and services that we produce each year is only $13 trillion. While using fiat currency we will always be in debt and everyday that passes the poorer we will become until the dollar collapses' completely.

Today, we are in another phase where gold and silver are doing an accounting of all the paper currency that was printed in the past 25 years. If you are smart and serious about protecting your families wealth you will take your trash and trade it in for gold and silver. No nation has ever survived using fiat currency and the U.S. will be no different. The question is not if the dollar fails but when will it fail? During my lifetime or my childrens?

Here is an interesting fact. Since 1914 the dollar has lost 95% of it's value that just so happens to be the year the Federal Reserve came into existence. That means our dollar has lost 1% of it's purchasing power every year! There is only 5% to go before it loses all it's value or roughly five years. No nation has ever survived when going off a gold standard!! Lose the dollar buy tangible assets!