Well I might as well go ahead and start with the big issue first. And that my friends is hyperinflation. So what is hyperinflation you say? Well wikipedia describes it as this, "In economics, hyperinflation is inflation that is very high or "out of control", a condition in which prices increase rapidly as a currency loses its value." In layman's terms it means that when the government prints more and more money out of thin air, our dollar becomes worth less and less. Therefore your purchasing power is decreased, and the more expensive things seem. A lot of people consider this to be a hidden tax by our government. Well our total money supply has been doubled in just the past couple of years, and we are running record deficit's year after year. Anyone with any financial sense can see that this is unsustainable. Ben Bernanke and the Federal Reserve will continue to try to print our way out of this depression, and the President's serious lack of fundamental economics will prove to be a very destructive combination. We are headed for hyperinflation a lot sooner than most people think, and I feel very sorry for the people who don't get educated about this stuff quickly as we are running out of time. When it happens it will be instantaneous, and it will only get worse. Fast. I am definitely not a doom and gloom kind of guy, but I am a realist and I am all about preparation. I feel almost obligated to share the knowledge I have acquired over the past couple of years. I guess if I just help a few more people become educated about these very important subjects then I have done my job. Because I'm telling you right now we should be most aware, and in reality as a society we are clueless.
Well I hope you have enjoyed my first post, and I will do my best to keep them as simple and to the point as possible. I will only get better over time... I hope :) I strongly encourage everyone to do their own due diligence, and research on these subjects I will be posting about. My next post will be a little more on inflation and what you can do to hedge yourself against this upcoming crisis. Have a great weekend!
Chris
P.S. Oh here are a couple links to get you started.
www.inflation.us - Everything you need to know and or learn about inflation is here.
www.usdebtclock.org - You can watch how fast we are sliding into debt as a nation live!
This blog was designed to educate as many people as possible, about the real reasons behind future economic decline. And also what they can do to protect themselves, families, and friends financially as well as emotionally. If you have a better understanding about a particular issue, it is my belief, that you are better leveraged to make smarter and healthier decisions surrounding those issues.
Thanks for visiting my Blog!
Every week I will be posting new articles, pics, and videos on whats going on in our economy and the ever changing world around us. Along with my personal commentary and tips on what you can do to prepare for the economic fallout that is quickly approaching. God Bless!
Disclaimer: This blog is provided for informational purposes only and does not constitute an recommendation or offer to purchase any security, investment product, or service of Criner Investments, LLC or it’s affiliates. Criner Investments is invested in physical Gold, Silver, mining companies, and precious metal based ETF's.
Disclaimer: This blog is provided for informational purposes only and does not constitute an recommendation or offer to purchase any security, investment product, or service of Criner Investments, LLC or it’s affiliates. Criner Investments is invested in physical Gold, Silver, mining companies, and precious metal based ETF's.
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