All the Ingredients for Currency Collapse or Hyperinflation Now Exist.

in steemleo •  4 years ago 

Today I will touch upon the conditions that have in the past led to a total loss of confidence in paper currencies or "money" snd how, in my opinion, we are closer to such an event occurring worldwide as the U.S. and even other countries in the West also descend into political upheaval.

In Gold We Trust Report for 2020: https://ingoldwetrust.report/?lang=en

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Thanks again for the interesting and educational class, Maneco64. I have experienced a 10% inflationary period and would not want to go through it again. A "good" thing was that my house value went up equal to my mortgage payment. Property owners prospered, as property values went up, but it worked against the renters, as rents went up. A 1970 four-year-old Datsun(Nissan) 240Z automobile valve inflated to over its original price, in four years. And a new one cost like twice as much, a few years later. Many (worthless/unfarmable) beachfront property prices went from a few hundred dollars to hundreds of thousands, even millions in one generation. It depends on if one is prepared or not. Yes, I agree, inflation is coming, hyperinflation, I hope not. Gold, Silver, Currency, and hyperinflation may be an interesting combination, soon.