For a little bit of humor on a serious subject, we present the latest Federal Reserve Note, made available by The Daily Sheeple Picture of the Day:
In all seriousness, it should be clear that this is exactly where the US dollar is headed.
The United States now owes nearly $17 Trillion in debt, in excess of $50,000 per person – and that’s if we count the ‘official’ numbers. Unofficially, our commitments exceed $200 Trillion over the next twenty years, a number so large that it’s difficult to wrap one’s head around.
In the one hundred years since the creation of the Federal Reserve the country’s population has tripled, while our public debt and unfunded liabilites have risen from $2 billion to over $200 trillion, a ten million percent increase. (link)
This year alone, we’ll take on an additional $4 Trillion of debt as a nation. FOUR TRILLION – IN A SINGLE YEAR.
The paradigm of consumption and debt is coming to a close in America. Soon, only tangible assets will hold any value.
Consider Sound Money as a way for you to diversify out of dollars are worth less on an almost daily basis, and that will soon be worthless altogether.
You may not know it, but right now you and your family are losing money. You’re nominal amount may be the same, but your value is shrinking. You may go to the store or gas station and think prices are rising. But they are not, for the most part. What is happening is that the currency you are using to exchange for goods and services is falling.
They are systematically destroying the world’s reserve currency. Don’t be a victim.