Worldwide Ponzi Collapse - Hyperinflation Watch is a continuation of my original blog (same name) strats4ever.wordpress.com concerning the worldwide ponzi (pyramid) that is about to collapse leaving most of us with a pocket full of toilet paper (fomerly know as “money”).
Gold is the currency of kings, silver is the currency of gentlemen, barter is the currency of peasants, debt is the currency of slaves.
In our first installment of the wolrdwide race to debase all paper currency, Goldsilver.com gave us a snapshot of how the world's fiat paper was faring versus "real" money (ie. gold/silver).
Goldsilver.com gives an update of how 75 fiat paper currencies have fared versus gold and silver today. Gold is up 17.2% with the biggest losers being the Kenyan Schilling, South African Rand, and Turkish Lira.
A lot of speculation recently has centered around the idea of one world currency. While it may be a bankers wet dream, Mike Maloney from GoldSilver.com explains in the brief video below why the idea isn't worth two minutes of your time. It'll take Mike less time to explain it!
In the video below Stephan Molyneux describes how the state created the too big to fail (TBTF) banks whose insolvency now threatens to collapse the worldwide economic ponzi.
By limiting liability (something the banks were originally against) and using the tax system to funnel money into banks (investing by borrowing - tax deduction, using your savings - sorry), the high volatility seeking, 40 to 1 leveraged banks were created by your government.
If you haven't prepared for the worldwide ponzi collapse, better get prepared.
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