End Of The Global Monetary System

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SilverEnergy
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Post by SilverEnergy »

Rock wrote:
SilverEnergy wrote:If the Federal Reserve keeps printing, which they are, prices will continue to go up.

Like I said before, the price of food and a book of stamps has gone up in the past few years.

It's unlikely that prices will ever go back down significantly again.

Prices have continued to go up since 1971.

If this continues, hyperinflation is on the horizon.

You shouldn't live every minute in fear but the thought of losing my entire savings is very scary if I could have bought some silver to hedge my money and to hedge against inflation.

People who save fiat currency without investing in gold or silver are going to lose EVERYTHING, totally wiped out.

You will have a lot of millionaires who didn't prepare properly who will lose every cent.

Many will die and many will commit suicide.
Fiat currency losing its value over time is par-for-the course. As long as the process doesn't move too quickly or suddenly (like in hyperinflation), you can shield your savings from value erosion simply by plowing them into real assets such as real estate or equities.

Of course, one big benefit of rapid currency depreciation in the case of the USA is that it erodes the value of our foreign debt.

What you should really focus on are how wages rise relative to costs of things which matter to you. If they rise commensurately and you invest your excess savings into assets which also rise commensurately, then you're pretty much hedged. I think a lot of Americans with positive net worth have their money invested through 401Ks (which typically have a high equity weighting) and real estate. Both of those assets normally hedge pretty well against inflation.
Gold, silver and real estate are excellent hedges against inflation...........not 401k plans.

401k plans are backed and tied to the stocks and mutual funds and are subject to the highs and lows of the economy.

Once the economy crashes, stocks, bonds and mutual funds will crash and since 401k plans are connected DIRECTLY to stocks and mutual funds, 401k plans will go to hell.

See, before our currency was taken off the gold standard in 1971, retirement savings were guaranteed because our currency wasn't toxic......not anymore.

Once the dollar goes to zero, so will 401k plans.
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SilverEnergy
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Post by SilverEnergy »

Rock, this explains what happened to retirement plans post-1971.

Plus everyone's savings and 401k plans are going to be eaten alive by hyperinflation.

Remember what happened to peoples' 401k plans during the crash of 2008?

"Allow me to show you the Power Cosmic!" - Silver Surfer
Rock
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Post by Rock »

SilverEnergy wrote:
Rock wrote:
SilverEnergy wrote:If the Federal Reserve keeps printing, which they are, prices will continue to go up.

Like I said before, the price of food and a book of stamps has gone up in the past few years.

It's unlikely that prices will ever go back down significantly again.

Prices have continued to go up since 1971.

If this continues, hyperinflation is on the horizon.

You shouldn't live every minute in fear but the thought of losing my entire savings is very scary if I could have bought some silver to hedge my money and to hedge against inflation.

People who save fiat currency without investing in gold or silver are going to lose EVERYTHING, totally wiped out.

You will have a lot of millionaires who didn't prepare properly who will lose every cent.

Many will die and many will commit suicide.
Fiat currency losing its value over time is par-for-the course. As long as the process doesn't move too quickly or suddenly (like in hyperinflation), you can shield your savings from value erosion simply by plowing them into real assets such as real estate or equities.

Of course, one big benefit of rapid currency depreciation in the case of the USA is that it erodes the value of our foreign debt.

What you should really focus on are how wages rise relative to costs of things which matter to you. If they rise commensurately and you invest your excess savings into assets which also rise commensurately, then you're pretty much hedged. I think a lot of Americans with positive net worth have their money invested through 401Ks (which typically have a high equity weighting) and real estate. Both of those assets normally hedge pretty well against inflation.
Gold, silver and real estate are excellent hedges against inflation...........not 401k plans.

401k plans are backed and tied to the stocks and mutual funds and are subject to the highs and lows of the economy.

Once the economy crashes, stocks, bonds and mutual funds will crash and since 401k plans are connected DIRECTLY to stocks and mutual funds, 401k plans will go to hell.

See, before our currency was taken off the gold standard in 1971, retirement savings were guaranteed because our currency wasn't toxic......not anymore.

Once the dollar goes to zero, so will 401k plans.
OK, so now you are predicting that both the dollar and stock market will go to zero at the same time? Corporate America, which to this day still has so much control, power, and wealth, will implode as if it hit a black hole?

BTW, prices have been going up even way before 1971. Prices (and wages) in 1965 were much higher than in 1905 for example. Sure, the decade of 1970 was an extreme period (in USA context) for inflation. But Fed cooled it down finally in late 70s by raising rates to unprecedented highs.
Rock
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Post by Rock »

SilverEnergy wrote:Rock, this explains what happened to retirement plans post-1971.

Plus everyone's savings and 401k plans are going to be eaten alive by hyperinflation.

Remember what happened to peoples' 401k plans during the crash of 2008?
Well those 401Ks with substantial holdings in Treasury's would have been ok in the short term. And those invested predominantly in Treasuries would have boomed. Those heavy in equities would have fallen dramatically but then recovered it all and then some within 2 years or so. Look at where the market is now?

And the US$ actually got substantially stronger in 2008-9 crash. Just check out the US$ index to see what I mean.

You need to get past emotion and fear when analyzing these things and apply more rational long-term thinking. I've been hearing alarmists predict "the big one" for as long as I can remember. It will happen, when and if it will happen. Not because someone who's been predicting the end of the world for the last 15 years was finally right.
SilverEnergy
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Post by SilverEnergy »

Stocks, mutual funds and bonds only do as well as the economy is doing.

The stock market is being pumped with toxic currency and it's going to inflate and inflate until it bursts.

Can you make decent money with stocks? Sure.

But don't put your whole income in stocks and be very careful when things start getting worse.

Stocks are not for long term investing.
"Allow me to show you the Power Cosmic!" - Silver Surfer
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HouseMD
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Post by HouseMD »

The federal reserve is not printing 85 billion a month. Here is what is actually happening:

http://www.federalreserve.gov/faqs/money_12853.htm

The idea that China holds trillions of dollars of US currency is also false. They hold US debt in the form of trillions in interest bearing treasury bonds. There is only 1.2 trillion in circulation, everything else is electronic. And the idea that they can use our treasuries as a financial weapon is also amusingly false. I'll leave that explanation to an economist:

http://www.nakedcapitalism.com/2013/11/ ... d-mmt.html
SilverEnergy
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Post by SilverEnergy »

HouseMD wrote:The federal reserve is not printing 85 billion a month. Here is what is actually happening:

http://www.federalreserve.gov/faqs/money_12853.htm

The idea that China holds trillions of dollars of US currency is also false. They hold US debt in the form of trillions in interest bearing treasury bonds. There is only 1.2 trillion in circulation, everything else is electronic. And the idea that they can use our treasuries as a financial weapon is also amusingly false. I'll leave that explanation to an economist:

http://www.nakedcapitalism.com/2013/11/ ... d-mmt.html
Ha!

You actually believe what those guys say on their website???

The Federal Reserve works hand in hand with the elite, of course they're not going to tell you they are printing 85 billion dollars per month.

Federal Reserve printing 85 billion dollars a month: http://www.forbes.com/sites/richardfing ... g-mistake/

The Federal Reserve does nothing but keep the truth away from the public and they do it deliberately.

The Federal Reserve isn't going to stop printing until the economy crashes.

As far as China is concerned, I don't know how much of our dollars they hold but a lot of the u.s. dollars are still overseas and that's why things haven't been worse than what they are.
"Allow me to show you the Power Cosmic!" - Silver Surfer
SilverEnergy
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Post by SilverEnergy »

A guy discussing The Federal Reserve's plan to continue to print 85 billion dollars per month:



Ben Bernanke is one of the key people of the Federal Reserve who has put the printing presses of the U.S. dollars in effect.
"Allow me to show you the Power Cosmic!" - Silver Surfer
SilverEnergy
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Post by SilverEnergy »

Here is another lady confirming that the Federal Reserve is currently printing 85 billion dollars per month.

This is real folks.

The Federal Reserve is pumping toxic U.S. dollars into the economy as stimulus, saying that they are trying to help the economy.

But this is going to hurt the economy and if it continues will bring about hyperinflation.

The whole world is in on it. Japan is printing 80 billion per month and the money is being pumped into stocks: http://www.reuters.com/article/2013/08/ ... 2B20130806

Notice how the 80 billion is called "stimulus", just like it's called in America.

The stimulus money being pumped into our economy will be the death and end of the U.S. dollar.

"Allow me to show you the Power Cosmic!" - Silver Surfer
SilverEnergy
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Post by SilverEnergy »

The plan is to inflate the economy so much that it can't take anymore and it bursts and crashes like a balloon.
Last edited by SilverEnergy on November 30th, 2013, 6:00 pm, edited 1 time in total.
"Allow me to show you the Power Cosmic!" - Silver Surfer
fschmidt
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Post by fschmidt »

HouseMD wrote:The federal reserve is not printing 85 billion a month. Here is what is actually happening:

http://www.federalreserve.gov/faqs/money_12853.htm
Please explain this (from the link) to me:
Although Federal Reserve purchases of Treasury securities do not involve printing money, the increase in the Federal Reserve's holdings of Treasury securities is matched by a corresponding increase in reserve balances held by the banking system. The banking system must hold the quantity of reserve balances that the Federal Reserve creates.
This makes absolutely no sense. It sounds like the Fed creates (prints?) money, lends/gives it to the banks who then deposit back with the Fed which then uses this to buy treasuries. How is this not printing money?
SilverEnergy
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Post by SilverEnergy »

Another article explaining that the Federal Reserve will continue to print 85 billion dollars per month: http://www.richdad.com/Resources/Rich-D ... osage.aspx

The Federal Reserve has no plans of stopping the printing presses.

So now what?

It's an undisputed fact that the Federal Reserve is printing 85 billion dollars per month.

We sit back and watch prices continue to go up and watch silver and gold prices go up and see the U.S. dollar continue to lose its purchasing power.

[youtube]http://www.youtube.com/watch?v=D5MQWA3W1ak
[/youtube]
"Allow me to show you the Power Cosmic!" - Silver Surfer
SilverEnergy
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Post by SilverEnergy »

fschmidt wrote:
HouseMD wrote:The federal reserve is not printing 85 billion a month. Here is what is actually happening:

http://www.federalreserve.gov/faqs/money_12853.htm
Please explain this (from the link) to me:
Although Federal Reserve purchases of Treasury securities do not involve printing money, the increase in the Federal Reserve's holdings of Treasury securities is matched by a corresponding increase in reserve balances held by the banking system. The banking system must hold the quantity of reserve balances that the Federal Reserve creates.
This makes absolutely no sense. It sounds like the Fed creates (prints?) money, lends/gives it to the banks who then deposit back with the Fed which then uses this to buy treasuries. How is this not printing money?
lol There are many links and videos, some of which I just posted that fully articulate that the Federal Reserve is printing 85 billion dollars a month.

The Federal Reserve are going to print the U.S. dollar into oblivion.

It's already been confirmed that the Federal Reserve prints billions of dollars out of thin air and injects it into the economy as stimulus.
"Allow me to show you the Power Cosmic!" - Silver Surfer
Rocky Top
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Post by Rocky Top »

SilverEnergy wrote: lol There are many links and videos, some of which I just posted that fully articulate that the Federal Reserve is printing 85 billion dollars a month.

The Federal Reserve are going to print the U.S. dollar into oblivion.

It's already been confirmed that the Federal Reserve prints billions of dollars out of thin air and injects it into the economy as stimulus.
It actually may be worse than we thought... $125 billion/month

SilverEnergy
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Post by SilverEnergy »

Rocky Top wrote:
SilverEnergy wrote: lol There are many links and videos, some of which I just posted that fully articulate that the Federal Reserve is printing 85 billion dollars a month.

The Federal Reserve are going to print the U.S. dollar into oblivion.

It's already been confirmed that the Federal Reserve prints billions of dollars out of thin air and injects it into the economy as stimulus.
It actually may be worse than we thought... $125 billion/month

Good find RockyTop.

Wow, just when you thought it couldn't get any worse.

They are now printing 125 billion dollars according to the video.

Anyone who thinks we are in good shape needs their head examined.

The Federal Reserve is accelerating their destruction of the U.S. dollar.

Gold, silver and real estate guys.

Our economy is in terrible shape now.

Once the whole world collapses, then we will get a new monetary system.

If this isn't proof, then I don't know what it is.

Just to reiterate.........currently, the Federal Reserve is now printing 125 Billion dollars per month.
"Allow me to show you the Power Cosmic!" - Silver Surfer
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