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CTRL+F and nobody mentioned Austrian Economics, the Mises Institute, gold, bitcoin, sound/hard money... wow. People are really delusional and still completely u
by dot1x 7y ago
CTRL+F and nobody mentioned Austrian Economics, the Mises Institute, gold, bitcoin, sound/hard money... wow. People are really delusional and still completely under the thumb of Keynes' wrong economic "policies".
Wake up people. Coronavirus or not, the world has been in a state of decay since after WWI and it snowballed in the 70's when the last of the gold standard was severed.
People advising that 2/3 % inflation is "not only not bad, but a sign that the economy is doing great" have absolutely no idea what they are talking about.
For those who are a minimum curious, I really advise you to read two fenomenal books
- What has government done to our money? - Rothbard, Murray N.
- Democracy: The God that failed - Hans-Hermann Hoppe
To the OP: government's great plan is to eliminate cash or render cash useless. Everything will more to digital cash where they can effectively do negative interest rates. What can you do to protect yourself? Put most of your money in Bitcoin and Gold. These are the only hard money in existence.