A Brief Chronology of the US dollar
The coming fiat dollar crash from this author’s viewpoint. I have been around for a long time so whether you wish to listen to my financial stance or not, you may at least be interested in the chronology of how personal finance has devolved over the last half century. The US dollar was backed by gold until Nixon removed it and now we operate with nothing backing our currency. Unbacked currency is referred to as “fiat” currency”. Webster definition of fiat:
Definition of fiat
1: an authoritative or arbitrary order : DECREEgovernment by fiat
2: an authoritative determination: DICTATEa fiat of conscience
3: a command or act of will that creates something without or as if without further effort. According to the Bible, the world was created by fiat.
My definition comes from the Dire Straits band lyric – Money for nothin’ and your chicks for free. Politicians must live by this credo! Print more money dammit, it’s just paper!
My first recollection of a home dates back to the 1950s and living in Columbus, Oh. It was a green stucco, art deco style, house in the middle of the block with several empty lots, open areas and a forest directly behind our home. My parents paid around 5k for this home and it was probably right in the middle of the home price demographic of that time. The message is that the current dollar has lost 99 percent of its value! Not just a fiat dollar crash but rather an annihilation!
A Simpler Time
My father had become a district mgr for a national corporation and was making around $400 per month and my mother stayed at home like most wives in that era. For younger folks, it must be hard to comprehend that a family of four could survive and thrive on around five thousand dollars a year.
Class status was nowhere near what it is like today with a huge portion of our society considered middle class back then. Kids created their own fun building things, playing games or sports and developing hobbies like learning a musical instrument, reading, stamp collections, etc. We wore hand me down clothes and ate left overs regularly. We spent time with our parents at dinner time and had mom and dad at home on the weekends and evenings all the time.
So what does this have to do with finances and economic principles of today? Not much unless you read between the lines to try and understand why a hundred thousand dollars a year can barely keep a family of four solvent today.
The Fiat Dollar Crash is Looming
Sure, we can blame inflation but that’s still not normal! We are talking about fifty times what wages are and cost of living in general from my early childhood and wages have not kept pace! The Federal Reserve has over stayed its welcome and the model they have milked for decades has failed.
The stock market is entirely manipulated and corrupt. Interest rates are headed to negative rates and inflation is heating up. Precious metals are still a safe haven option and then we have crypto currency coming into play.
So, do financial economic principles apply any longer in 2022? Yes, and no. On the most basic level, financial principles still apply like supply and demand but even debt principles are being destroyed with trillions being printed by our government. On a personal finance level, it is still sound logic to stay debt free and spend less than you make even though the propaganda will try to convince you that by avoiding debt payments, you hurt your credit score.
What this author sees is a renaissance to basic principles returning and getting back to self sustaining methods of how to survive and thrive. The future is looking as though the globalist takeover may win at least short term and this means getting back to basic survival principles after the fiat dollar crash. Put no faith in the banking system, the stock market or the government in general unless you wish to give up all your freedoms and this will only buy you a few months more time.
Crypto, Barter and Basic Forms to Pay After the Fiat Dollar Crash
The new thing to research is crypto currency because at least the principle of hiding your funds from prying government eyes makes sense. I do not believe that the government will allow crypto to gain traction ultimately but it might be an interim way to escape this tyrannical government fiat dollar crash. Crypto is also generally uncollateralized and a fiat currency in most instances meaning that it can also crash badly.
I completely lost faith a couple of years back that our system still works when I read that the fed never stopped the bond purchasing after the 2008 crash. They lied to the public saying they discontinued these artificial cash infusions into our economy by calling it by a different name. I read an article around 2016 that stated the fed dumped something like six trillion dollars into the economy over the course of a week to stabilize things and became incredulously outraged!
It was nothing more than a blip of an announcement that literally received no further commentary on the news! I did more research and found this report to be true and realized that our futures in this financial scam is close to over! The fiat dollar crash is here!
Article on prepping for the coming dollar crash
Globalist Demons Created the Fiat Dollar Crash
These globalist plans have been in action since before my time but have gone from laying the groundwork beta status to fully operational over the past few years. This means that everything is intentionally upside down to discourage and takeover the American population and the most successful economy in the history of the world.
The globalists and tyrannical leaders and corporations of this country have sold you and your children/s futures by looting tax payer dollars to the tune of trillions so our purchasing power will be gone with tomorrow’s dollars. In other words, the evil left is financing our demise and buying up farm land, commercial and personal real estate, etc in today’s dollars so we will not be able to afford much of anything in tomorrow’s worthless dollars.
So what is the solution? Get back to basics in this author’s estimation and this means storable food, water, off grid supplies like generators, fire wood, firearms, ammo, gold, silver and getting away from major cities. Yes, it is difficult to believe for many but it has come down to this and I am not one of those militia types having been mainstream for decades as a business owner.
Do your research on crypto and possibly put a small portion of your funds into it but otherwise I suggest throwing out what you have become accustomed to and getting your basics covered now. Your government has betrayed you and has plans for your demise as a useless eater no longer being viable.
