Zimbabwe Super Hyper Inflation
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So this is why people say to invest in gold right? The value of money may decrease million fold, but, the value of gold will remain relatively constant. So I guess this is the end result of government infiltration by a foreign entity that renders the money supply worthless, and makes you subject to supplying your natural resources at a 90% discount price. This is obviously an unseen war against the public. I'm pretty sure we can blame a white person somewhere for this(rich white person).
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Coming to a country near you!
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@MONOPOLY35 in effect, the PPT pushing money into a company via the Fed, e.g. Harley Davidson, GE, Ford, etc., can encourage investors using price-action to jump in as a chain reaction. Mind you one could call that market manipulation. In theory further actual investment by people would help capitalization: in actuality if fraudsters run those companies and if other investors are mostly broke with flat/decreasing wages, well...
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@ytgv3fc7 Perhaps my statement was a bit outdated. Ben Bernanke could have encouraged the banks to spend more in order to "stimulate" the economy. Of course, you're right about the inflation and starvation. Gold, oil, food, and many other commodities will be the goods of real value when these silly pieces of paper are officially declared dead and completely worthless.
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@MONOPOLY35 those banks are not holding it, they are spending it which is driving the inflation up. Some are in derivatives, some are in commodities. When the derivatives collapse it will ALL go to gold & oil. Millions will starve in NORTH America just from this.
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Mugabe is insane and a murderer.
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@11mac11s LOL! Many Americans would be physically challenged from traveling a long journey just to survive. We would have a large amount of inflation right now if it weren't for the banks holding on to large sums of money. The example of Zimbabwe was terrible, but USA hyperinflation would probably be a lot worse. Martial law, crazed people with guns, supermarket runs, bank runs, riots, famine Midwest, and so much more would probably happen in the United States.
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Thats difficult not losing that small amout of gold.
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@betawarrior60x Jesh man, if your gonna be racist the least you could have done was be less suspicious about it.
0.1gram for a loaf of bread. It would feed a family of 4 for one day at best.
Even just a few gold coins could feed a family for months. This is how the world will eventually become in the event of a total currency collapse.
The world reserve is going to be destroyed and when it does.. ALL fiat currencies will suffer the same fate.
Austacker 1 year ago 7
@11mac11s
Typical collectivist racist attitude. I see you are easily manipulated by propaganda.
VictoryCough 8 months ago 3