In this report I talk about Clif High's latest Bare Naked Wealth report and what the future might hold for financial markets, crypto currencies and the monetary system.
Clif Hihg's Website: www.halfpasthuman.com
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In Venezuela, we know very well hyperinflation and economical collapse.
It is very difficult to live in these conditions.
I think that it is not serious to talk about hyperinflation in the US, Europe and UK.
Thank you for the video.
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I think hyper inflation can definitely happen in the US and Europe too. Europe and the US are not immune to the laws of economics. Money printing at the massive scale we have been seeing since 1971 and especially 2008 will lose to a loss of faith in the dollar, euro, pound etc....
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Of course if they keep printing money, but there is along way. However the reserve currency status of the USD, makes somehow immune to hyperinflation, because the other economies (i.e. central banks) would want the reserve currency. As de Gaulle said the "exorbitant privilege" of the USD.
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In my opinion, the days of the USD as a reserve currency are numbered. The chart of the USD is about to form a "death cross" and if it's completed in a few days/weeks, that should confirm its death as a reserve currency. To me, this also explains why the crypto currencies have been going up so rapidly lately. We're living through a very interesting time right now !
#marketreport #crypt0 #maneco64
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Thank you for the very useful update #maneco64.
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You are welcome.
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maneco. Hi there. I'm truth watcher. The guy that likes your wall paper. Glad to see you here on Steemit. Subscribed.
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Thanks! Glad to connect with you on Steemit too.
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Bitcoin and Ethereum are going to be huge in the coming years...hopefully Steemit also!
Keep up the great work @maneco64
Full Steem Ahead!
Best regards,
André @survivebubble
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meep
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Thanks Andre.
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Great content as usual maneco64, that's one thing I didn't need webbot to tell me lol.
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Internet Kill Switch will take care of your cryptos. And the spot vix is 9.84. Look for markets to collapse.
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That's why I have significantly more gold/silver than crypto currencies.
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actually , that's not necessarily true considering how blockchain works but an "internet kill switch" will for sure doom any fiat currency( at least in the hands of an average person).
Crypto is not an answer to the world's financial problems, it is just a better option right now than usd in my humble opinion.
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Finally somebody gets it!
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So internet never comes back on?
EVER!
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I think one of the main functions of crypto very soon will be to provide a truly decentralised, 'un-turn-off-able' version of the Internet. Blockchain itself will soon be an internet protocol.
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Another one who is getting it!
Sweet!
:)
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Interesting. I buy Clif's ALTA reports every month. Well worth the $15.
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