Higher national debt = Increased Money supplies = Inflation = Higher Gold Prices
The U.S Dollar came off the Gold Standard in 1971, so what is backing the U.S. dollar? It's no secret the U.S. government is creating an exuberant amount of money out of thin air. The question is how long can this go on, and how long can the American public allow this to go on?
Public government data reveals, a breath taking fact. Since the 1913 inception of the Federal Reserve our paper currency has devaluated over 97% due to the mass production of credit by the Federal Reserve. No one can argue the staggering figures will only get worse. |