Well, as we know, now that Joe Biden is officially the president of the United States, fiat currency will be created magically out of thin air. The helicopter monetary policy is going to resort in some rather terrifying outcomes for most, but we can be prepared.
Already, I have noticed the prices of food skyrocketing in my neck of the woods. It seems like every week the costs go up on at least a few of the items I regularly purchase, such as avocados. This is inflation, like it or not. Is it hyperinflation? Not yet, but if we continue on the path of creating money (debt) to give to people, the United States will look something like the Weimar Republic, or Venezuela.
Biden’s proposals are absolutely ludicrous, especially considering the government didn’t need to get involved and shut down businesses in the first place. They did, the people obeyed to their own detriment and are now fully dependent on the U.S. government to hand them money.
The financial ramifications of having a president willing to sell future unborn generations into untold amounts of debt slavery will affect each one of us. Rather than this catching us off urad, we can prepare.
Before we get into what we should know about how to protect your wealth and the future of your children, understand that it is not just Biden. He is doing the bidding of the central bank, the Federal Reserve. He is, for all intents and purposes, merely their puppet at this point. The more debt they issue, the more they own. The government and the Fed are actively working together right now to screw the American people as much as possible. Do not let that little fact catch you off guard.
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That is why my first piece of advice is to use any stimulus money you get to but REAL assets.
By real, I mean tangible; an asset that you can hold in your hand. Gold, silver, and other precious metals. You should also consider paying down any and all debt.
Have things that can help you if you cannot access your fiat dollars, such as extra food and water. I know I talk about these things a lot, and they mean seem superficial to some, but a big house and an even bigger savings account is not going to help you much if the proverbial sh$t hits the fan.
If you like cryptocurrency, consider getting on board now. If not, pass it up. Discernment is key during times like these, and if you don’t have an odd feeling about it, honor that feeling. If you do choose to purchase some crypto currency, may I suggest Bitcoin or Ethereum. Those are both well-known and could potentially be used in trading should the U.S. dollar become worthless, and it is well on its way.
Keep some gold and silver on hand to barter with as well, and make sure you know how to survive if the worst happens. Learn a skill that you can pass on or simply stock up on items that someone else may find valuable.
All of these things can help if Biden succeeds in his plan of the financial destruction of Americans.
Governments Have Amassed ungodly Debt Piles and Have Promised Retirees Unreasonable Amounts of Entitlements, Not In Line with Income Tax Collections. The House of Cards Is Set To Be Worse than 2008! Rising Interest Rates Can Topple The Fiat Monetary Structure, Leaving Investors with Less Than Half of Their Equity Intact!
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