Venezuela provides a glimpse into the horrors of inflation gone wild: A dozen eggs cost $150 USD as hyper inflation wrecks economy.
The award for worst performing economy in 2016 would likely go to Venezuela. What could possibly go wrong when the government tries to control absolutely everything in a petro state? Apparently everything can go wrong and you now have runaway inflation. At this point Venezuela’s currency is in a death spiral of hyperinflation. A dozen […]
U.S. national debt is more than all the world’s physical cash, gold, silver, and bitcoin combined.
The U.S national debt is quickly approaching $19.5 trillion. It will very likely be there this month. It is hard to comprehend how much this amount is for the average American that is barely trying to get by. But people are starting to wake up. There is a large financial charade going on. Most people […]
Federal Reserve openly aiming for inflation – The Fed looks for a sequel in punishing the U.S. dollar and hopes to inflate debt and the middle class away.
The Federal Reserve has painted itself into a very narrow and troubling corner for most of working and middle class America. The massive debt problems on hand have no realistic way of being paid off and the best path in the eyes of the Federal Reserve is to slowly inflate away the currency and debt. […]
The downsizing of America – Oil production off 1980s peak and manufactures learn creative methods of repackaging inflation.
There is a slow burn going on and it is happening in your wallet and also in the gas tank of your car. The US Treasury and Federal Reserve have made it their mission to slowly cut the value of each one of those green dollars you have. Since many Americans are struggling to make […]