Cash is King. Don't believe the hype about dollar devaluation.

[juanahuntsman]

Thanks for sharing some great ideas. Keep it coming!

[TheCashistrash]

Walker go look at some Peter Schiff, Jim Rogers, Celente, Marc Faber, Max Keiser videos they all predicted the crash and all are professional economists that are warning people of the things to come. They are doing average american a great service those who have listened to their advice are making alot of money.

[TheCashistrash]

End game scenario altho I don't agree with most of your logic walker. I expect an inflationary depression. The economy keeps shrinking as the government prints more money to keep it alive. Debt gets paid back with cheap printed dollars. People who store their wealth in paper money WILL get wiped out. Once the debt is defaulted or printed away with cheap dollars the game resets and we start the cycle all over again. The average man starts with little wealth and the rich have gotten richer.

[TheCashistrash]

Walker The government is not allowing the markets to crash and is pumping them with cheap dollars. If the money as you call it was backed by gold or silver the government would not be able to do this. Paper Money is not backed by anything but Trust. This is leading to inflation. If you go grocery shopping you will realize that food is up about 20% for the last 12 months. Cars are down because it is not essential and as such people are not purchasing since unemployment is about 20%

[Tinkerstien]

I think you could be right on, I am also quite the contrarian.

I really enjoy all your videos, very insightful, logical, enlightened, and indipendant.

How far is your guess at the deflation bottom in prices?, 80s, 70s, 50s ?

Could we see 1.00 per gallon gas?

Thanks for taking your time to make your videos for a non herd mantallity view.

[ShadesOfKnight]

Your own definition of devaluation proves that devaluation IS happening, so I don't understand your point...

As to cycles, they are artificially created... not naturally occurring.

[frankdusome]

The dollar has already devaued by 96% since the early 20th century. When inflation takes hold, you'll see the buying power go down dramatically.

[walkerxdotcom]

@frankdusome You are absolutely correct the dollar has devalued greatly since the 20's, which is another way of saying inflation has continued since the 20's. The economy is now heading for a correction of both which means your dollars will buy more a year from now than they will buy today. But those same dollars will also be more difficult to aquire which is why you must save cash now.

[dajungle209]

You are a idiot, yes the economy wants to deflate but the fed and gov will insure that wont happen, they want inflatin so they dont have to pay china as much oney back, to think that, u sold your used car for 15,000 and you might be able to buy a brand new one soon for the same, you are a damm idiot, stop trying to spread stupidity, they do enough of that on mainstream news asshole, or maybe your just ill informed

[walkerxdotcom]

Your argument is that the fed and gov will not let deflation happen. My argument is they cannot stop it. Just as all ponzi schemes must crash at some point so will the government attempts fail. Cash will be king, expensive things will lose their value and the stock market will crash again this year.

[walkerxdotcom]

Deflation is something that most living people today have not experienced in their lifetime. All traditional thinking must be put aside if you subscribe to the deflation scenario. In deflation, owning real estate, gold and any commodity is not so good. Having cash is good. A wise quote from Goldforecast6000