Inflation tsunami approaching....

in steemsilvergold •  3 years ago 

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Is a wave of inflation ahout to hit worldwide? If government around the world were actually honest with "their people", then it would send shock waves all around the plant, crash the economy and crush any so called recovery we are currently experiencing (post covid19).

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Governments are definitely down playing indicators to suit an agenda. Plus what is it they always say about "little white lies??" Is it best to tell a terminally ill person theres NO hope of a recovery, or do you let them believe in what till time they have left, that a full recovery is possible, to keep spirits high??

Manipulation of numbers can only fool so many people so many times! Surely youve noticed the increase at the fuel pumps, the local grocery/supermarket, utility bills and any other place youve spent money. The cost of inflation has reached a 30yr high, whether you choose to believe it or not, and still it continues to climb.

Inflation reached 9.1% in 1975, the highest rate since 1947. Inflation declined to 5.8% the following year but then edged higher. By 1979, inflation reached a startling 11.3% and in 1980, it soared to 13.5%.
Wiki

While the high inflation rates of the late 70's and early 80's were mostly confined to a few countries, the current inflationary problems can be closly comoared to th3 "Great Depression" of the 1920's.... This next inflationary phase will be felt far and wide and effect the majority of the worlds currency. Inflation is now a global crisis and i dont know where the paon will end or how long it may go on for.

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BANK OF ENGLAND

Unlike previous times though, the bank of england (BOE) now lacks many of the tools it once had at its disposal to control the runaway inflation. Intrest rates are already st the lowest theyve ever been(0.1%), and without turing to zero or even negative, theres no more wiggle room. Borrowing money to print money will only worsen the current status quo politics and inevitably continue to devalue to pound.

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So how do you go about hedging against the looming inflation tsunami? If gold and silver have taught us anything throughout human history, its that whan times are difficult, money always floods back to the safest of assets....

While stock markets have been experiencing unbelievable highs these past years, a possible peak and rapid decline could be just on the horizon!! Watch as smart money pulls out first, with the words of "everything is fine, nothing to worry about", hoping to leave the greater fool holding the worthless stock or bond. All the while savy investors plough into gold and silver bullion hoping to make it out the other side with their wealth still in tact...

Its not too late to start diversifying into precious metals. Gold and especially silver have always been the safe haven asset the worlds governments have turned to in times of dire crisis. So why wait till its too late? Go out and pick up just an ounce of silver. It wont break the bank, and youll soon discover for yourself why "stackers" such as myself are balls-deep in the shiny stuff!! Go on, be smart, do your kids a favour and start saving for a future theyll thank you for.

Want to find out more about gold and silver? Get the latest news, guides and information by following the best community on the blockchain - #silvergoldstackers. We're a group of like minded precious metal stackers that love to chat, share ideas and spread the word about the benefits of "stacking". Please feel free to leave a comment below or join us in the community page, or on discord

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