(#354) Strike 3: The USA’s Day of Reckoning
As posted to the GoldSilver YouTube Channel on 10/5/16
In Episode 7 of Hidden Secrets of Money, Mike Maloney glimpses into the near future to show you how fast the U.S. dollar and economy could collapse. You’ll learn about the velocity of currency, a concept economists try to complicate but is actually quite simple when you realize it has more to do with psychology than numbers. You’ll also see all the potential moves the Federal Reserve will attempt to prevent disaster and how they will all fail.
Mike also takes you back to the 1920s to show you the astonishing parallels to today and what life could be like in the years ahead. He is joined by Jim Rickards and Rick Rule who provide further insights into the bond markets, currency creation, and of course precious metals. It’s only a matter of time before USA’s day of reckoning.
Prior Episodes of “Hidden Secrets of Money” can be found in these blog posts:
- Blog #242 – Episode 1: Currency vs Money
- Blog #253 – Episode 2: Seven Stages of Empire
- Blog #277 – Episode 3: Death of the U.S. Dollar on a Timeline
- Blog #226 – Episode 4: The Biggest Scam in the History of Mankind
- Blog #317 – Episode 5: Where Does Money Come From?
- Blog #336 – Episode 6: Top 4 Reasons for Deflation Before Hyperinflation
Episode 7 Bonus Feature: What Happens When a Currency Dies?
Watch the Bonus Feature here: History shows that once or twice in a generation a global crisis comes along that radically devastates people’s way of life. A fundamental shift so big and drastic and overwhelming that it destroys their standard of living and impacts every area of their lives. We are about to experience one of those events. As Mike Maloney outlines in his brand new episode of the Hidden Secrets of Money, that next major event is deflation. And the culprit will be a relatively obscure monetary term that will impact virtually every area of your life: money velocity. You may not know exactly what money velocity means, but we will all soon experience it firsthand. In fact, money velocity will be the culprit of not just deflation, but the resulting inflation—and maybe hyperinflation—that will immediately follow. [Mike refers to it as “currency” velocity, a more accurate term, since true “money” is gold and silver.] The good news is, there is a way to protect yourself and even profit from these upcoming crises. History shows that on the opposite side of every crisis, there is an equal opportunity…
Michael Maloney, founder of www.GoldSilver.com is also the author of the world’s best selling book on precious metals investing. Since 2003 he has been advocating gold and silver as the ultimate means of protecting wealth from the games played by our governments and the banking sector.