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Hyperinflation
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1
Hyperinflation:
How to Prepare for the
Collapse of the US Dollar
2
Table of Contents
Chapter 1
Introduction
Page…..3
Chapter 2
What is Hyperinflation?
Page…..4
Chapter 3
How does Hyperinflation Occur?
Page……7
Chapter 4
Examples throughout History of Hyperinflation
Page…..8
Chapter 5
Hyperinflation & the Future – Reasons for Concern
Page…..10
Chapter 6
What will Happen if Hyperinflation Occurs in the Future?
Page…..13
Chapter 7
How to be Prepared for Hyperinflation
Page……17
Chapter 8
Conclusion
Page…..20
3
Chapter 1
Introduction
The economy is something that influences each and every one of us. In the
past several years the economy has been in a downward spiral that has
caused many people to be worried about the future.
There are high rates of unemployment, people are shutting the doors of their
business, and new business ideas are being placed on the back burner for
now. Many people are struggling to get by financially and heavily in debt.
With foreclosures at an all time high, people are losing their homes and
struggling to make ends mean. Shelters for the homeless are full and even
the charities that are trying to help people out are running low on money and
supplies that they can offer.
We aren’t talking simple inflation over time though with this topic. Instead,
we are talking about them being so large that they can cause prices to double
in a very small period of time. That can be a few months, a few weeks, or in
some parts of the world less than a day.
Economic studies have long been a part of understanding inflation. What the
experts are stating at this point in time is that we are headed down a path that
will take us into hyperinflation when we really want to get into a recession.
Some people believe that throughout history we just have to allow the
economy to go through these cycles. Sometimes it is good and other times it
isn’t. However, there is enough information now that shows by properly
understanding hyperinflation, what causes it, how to take action, and how to
recover from it the US dollar can be protected.
As a Nation we are lucky that there have only been two documented times in
history when hyperinflation has occurred. Yet many analysts believe it is on
the horizon so we have to make changes right now to prevent it.
4
All of us out there have been dealing with the tough economic times. They
have been a factor for everyone from the top to the bottom. In a time of
global economic values and online businesses that deal all over the world it
is even more important that the value of the US dollar is able to be retained.
As you learn more about hyperinflation you can stop feeling like you are at
the mercy of the government or society to help you get by. What you will
also realize is that many people blame the government for not helping but
when they do help such efforts can actually trigger hyperinflation instead of
preventing it.
Understanding the dynamics of those roles can help you to reduce panic
feelings about what is going on with the economy. It can also help you to see
why extending more credit, printing more money, and even reducing taxes
aren’t solutions that can help our economy.
There is no easy solution either to slowing inflation or preventing
hyperinflation. There are many theories out there and there are also those
that belief we can learn from the mistakes of the past in terms of how the
economic foundation of money in the USA is operating.
Chapter 2
What is Hyperinflation?
In order to really understand all of what we will cover, you need to have a
solid grasp on what hyperinflation is. In simple terms it is tied into inflation
levels that are extremely high and out of control. They are well beyond the
norms of inflation.
As a result of hyperinflation prices increase rapidly. This causes many of
complex concerns. There are basic things we all need and those seem to
what the price increases hit the hardest.
5
For example when you go to fill your car up at the gas station you may find
that it has jumped by several cents per gallon. Sometimes those jumps are as
much as ten cents per gallon overnight too. This can increase the budget in
your household for fuel substantially.
We all have to eat and the cost of food continues to increase during
hyperinflation too. When you buy food items at the grocery store it is going
to be much more than before. Due to the increased costs of supplies it also
means you can plan on paying more when you dine out.
One of the other significant areas of the budget where you will see increases
are in utilities. Most of us have seen several spikes and increases in the costs
of utilities over the past couple of years. It is tough due to the fact that we
need water, heat, and cooling available to us. We also need electricity so we
feel that we are at the mercy of such companies.
Due to hyperinflation it is very hard for many households to make ends
meet. They find their costs for necessities goes up and so they have less
disposable income. For those on a fixed income or low income who were
just getting by it is now virtually impossible.
Households are cutting out extras and that is why so many businesses are
having problems too. When a household can barely meet their required
expenses they aren’t spending on items that they consider to be wants or
luxuries any more.
The terminology that experts use for hyperinflation is a period of time when
the cycle of inflation continues to grow so rapidly that there isn’t any real
balance in sight for it.
When you have an increase in costs that is very fast, there is no controlling
it, and prices are continually increasing with large jumps you have more than
inflation to deal with – it is hyperinflation. It is very unusual but it does
happen and it is something that the US dollar could be heading towards.
In order for hyperinflation to be present without a doubt one of two things
must occur:
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If the accumulated inflation rate of the past 3 year period is equal to or more
than 100%
OR
The accumulated rate of inflation is more than 50% over a one month period
of time.
Even though there are historical standings of hyperinflation hundreds of
years old, no one studied it and gave us solid information about it until 1956.
A book by Phillip Cagan called “The Monetary Dynamics of
Hyperinflation” was a huge release that showed people some of the reasons
why it happens and to give them an understanding of the process.
A great deal of what is found in this book has been given credible backing
by economic specialists. They have studied the foundations of the US dollar
and the economy. They don’t argue with what Cagan offered in that very
enlightening book.
However, that doesn’t mean our Nation now has all of the answers of how to
prevent high inflation and hyperinflation from occurring. The good news
though is that the government and all citizens have access to information
that can help them to identify the signs that may indicate that hyperinflation
is going to happen.
It can help use to take action that will change the course of history. Most
people don’t think much about economics or the economy of the USA when
things are going well. When they turn the other way though people are fun
of panic over it and they are ready to place blame.
Taking responsibility for the economy is a role we all need to step into. Too
often citizens feel that their hands are tied and they have to make do with
what is going on. Yet they have decisions about buying commodities such as
gold, reaching out for credit that is offered, and how they will handle their
own finances in tough economic times.
7
Chapter 3
How does Hyperinflation Occur?
There are many different variables that can occur when it comes to
triggering hyperinflation. It is impossible to cover all of them so we will
cover those that have the most significant impact on the economy of the
USA.
When the general public decides to retain all of their wealth in forms of non
monetary assets it can create problems with cash flow. There are many
people that decide to invest in foreign currency such as with ForEx. This can
all influence the amount of purchasing power that the USA has as a whole.
In many instances the general public is looking at money in terms of foreign
currency. They may get price quotes in other currencies and that too can be a
problem with very high levels of inflation occurring.
Today’s society in the USA often has a buy it now and pay for it later
attitude. Yet the balance of credit purchases has to be very closely evaluated.
The prices then have to be increased in order to help cover the losses of
those that aren’t able to repay the credit that was extended to them.
There is a price index and it can be very complex overall. They can
influence many elements of the economy including prices of goods and
services, wages, and interest rates. It is a good idea to become familiar with
that. Too many people don’t realize the influences that these changes have
on the economic status.
Any time you have a substantial amount of goods being produced but not
enough of a market to purchase then you will have problems with
hyperinflation. There has to be a balance of supply and demand for the
economy to be healthy.
8
When you look at paper money, it really is only as valuable as the stability
of the economy. When that value isn’t there it can be very difficult for it to
be trusted and continue to do what it was intended for.
When hyperinflation is present, the purchasing power of various entities
including private and public investors and banks is diminished. It the USA
the biggest problem has to do with the fact that the Federal government is
heavily in debt.
The scenario is that if they continue to create large sums of paper money to
circulate then they will cause hyperinflation. Those paper bills won’t be
worth the ink they are printed with to express the sentiments of many experts
in the field of economics.
Chapter 4
Examples throughout History
of Hyperinflation
Hyperinflation has occurred in the USA a couple of times. Examining the
history is a great way to learn from what was taking place and to strive to
prevent it from happening again.
During the Revolutionary war a printing of a type of currency called
Continental Currency was introduced. However, they were very simple to
counterfeit and that was a huge devastating from the economy. As a result
they quickly become just about worthless.
During the Civil War the value of the dollar went from very high to almost
nothing in the period of time from 1861 to 1865. It isn’t just in the USA
though where this has been a part of history. That means it can happen just
about anywhere regardless of the stability of the country. Many of them
haven’t been too long ago in history either.
9
The biggest lesson in history to observe if you want to take on the
perspective and the power of hyperinflation is to evaluate Germany in 1945.
By 1946 the costs were increasing at a rate of about 19% per day. What is
very scary is that in 2008 hyperinflation was out of control in Zimbabwe and
reached an increase of 231,000,000%!
When you carefully look at all of the examples of hyperinflation that have
occurred around the world you will recognize some constant themes. It
usually accompanies something along the lines of a war, a depression
relating to the economic state, and even drastic changes in political
leadership.
When the public worries about the presence of the dollar and the value of it
they are less likely to invest their money too. They will avoid placing it in
the stock market, in savings, and more. This is why so many lenders drop
interest rates at this time… they need to encourage people to borrow and to
get the economy moving in the right direction again.
Right now in the USA you have mortgage rates for homes at the lowest they
have been in a very long time. So why aren’t first time buyers and even
those that want to have investment property rushing to get such loans? Why
aren’t businesses buying property to get an established location?
When you also look at the fact that foreclosures for homes and businesses
are also at record highs it tells you that things aren’t in balance. No one
wants to borrow money for their first home and then lose it. The same is true
for those that have rental properties or that want to own their own business.
The risk is just too high for them to take the leap in most instances.
While such thoughts about investing being risky, the problem only continues
to get worse and worse. When the public can’t find faith in the system then
recovering from inflation and avoiding hyperinflation isn’t possible.
10
Chapter 5
Hyperinflation & the Future –
Reasons for Concern
When the economy gets tough it has a continued domino effect on people.
For example there can be a lack if jobs so there are fewer people with money
to spend. They aren’t able to pay for basic items that they need, let alone
additional items.
As a result those that offer basic items find they are in a crunch. They don’t
have enough money coming in to continue production at such levels.
Businesses that offer goods and services that aren’t necessary also going to
struggle. It makes sense that no one is going to buy what they want when
they can’t afford to pay for what they really need.
Too many people are blaming President Obama for the tough economy, but
the truth is that it was in dire straights before he ever stepped into that
position. There have been many elements that contribute to it. The
government being heavily in debt is one of them.
Huge expenditures on things such as the war in Iraq add up quickly. Now
that the government is getting involved with the concerns in Korea there is
speculation that there will be war in that direction too. This means more
National debt and the country is already trillions of dollars in debt and it
continues to grow.
In order for a hyperinflation to be prevented or to be ended once it has
started, there needs to be efforts in place that will stop the rapid growth in
terms of the stock of money. Sometimes it takes the government of a country
creating a new type of currency.
11
It isn’t a fast process and there is never quick solution that can be
implemented. As a result hyperinflation can last for a very long time. It is
something that can really weaken an entire government system and to make
them vulnerable.
Complete fiscal reform has to take place from underlying government levels
at the same time. This can only be done though by successfully bringing the
budget of the government back into balance. As we all known that isn’t
going to be any easy feat for the USA to do.
The overall efficiency of the economy of a country is ruined when
hyperinflation occurs. It becomes an exhausting game though of people
tossing money and choices around.
On one hand they want more money because of the mentality that we have
been driven by for so long. On the other hand what they really seek is the
overall value associated with all of it.
Unless you have been living under a rock, you are aware of Sarah Palin and
the efforts she has been involved with. After losing the Presidential election
where she was running for the office of Vice President, she has been very
active with the Tea Party.
Many experts believe that such efforts led by her will be a significant
influence for hyperinflation occurring. Why? It is based on statistics that
show that while there has been a steady rise in inflation, it wasn’t until the
Tea Party efforts started that the problem skyrocketed.
According to the statistics that have been kept regarding such data, there is a
belief by many that the Tea Party efforts are going to continue to cause
inflation to rise to the point where hyperinflation isn’t something that can be
side stepped. It is anticipated that this will occur in 2019.
Who can forget the bailouts for the banks and even for the car dealerships?
They have all contributed to problems with our economy in the USA. They
have led us down a path of more debt and less value for the dollar. Even
though there are structured plans in place for those bailouts, the question is
how much with the Federal government actually be out financially with
them by the time it is all said and done?
12
By the same token you have many citizens that are upset by all of this. They
see big corporations and entities getting financial help and bailouts from the
Federal government all the time. They also see that the USA government
sends funds around the world to help such as with the Iraq War.
However, there are so many people in our own society with piles of debt,
living off of their credit cards, and losing their homes. There are people out
of work and they are asking who is going to be there to bail them out? They
are tired of holding on tight and hoping things will turn around because just
continues to be going in the other direction.
Of course the response from the Federal government is that they do help
citizens in the form of stimulus programs. This includes programs that offer
tax breaks, tax stimulus checks, rebates, and even those hefty programs that
help first time home buyers to get a rebate check for up to $8,000.
Lower taxes seem to be what everyone is asking for, but there is a reason
why we have to pay them. When there are less taxes being taken in then it
becomes harder for the Federal government to pay down their debt which is
a contributing factor to hyperinflation. As you can figure out at this point, it
can call quickly become a Catch 22 situation with no simple solution.
This is because the answer isn’t to increase taxes and then to pay off the
Federal debt quicker. It all has to be balanced with what people need. They
have to have hope that their desperate financial situation isn’t going to
control them forever. If the government takes that away it will be chaos.
With hyperinflation we need to realize that the overall purchasing power of
people in the USA will be less than it is right now, and that can lead to the
collapse of the US dollar. The reason is because there is still consumption
taking place.
What is missing though is investing which is what really balances out the
entire process in the world of economics. This lack of faith also encourages
people to invest in the currency of other countries rather than that own. That
can continue to drive the overall economy of the USA into the ground at an
amazing speed.
13
Added to all of this is the significant factor relating to irresponsible
borrowing. It is amazing that people have the ability to borrow so much
more than they can repay. It is true that many Americans are only a
paycheck or two away from losing everything. They owe so many creditors
that each time they get income coming in almost every bit of it goes right
back out.
This doesn’t leave much for investing or for saving. It also doesn’t leave
much for them to use for future purchases. As a result they continue the
cycle of borrowing. There are billions of dollars out there owed to creditors
and that is fine for them as long as they are getting paid. Between the
principle and the interest they are making huge sums of money.
Yet when you have a high percentage of people defaulting on those
payments you are going to have a huge hit on the economic status and
stability of the country. What is ironic is that to help prevent hyperinflation
the government often promotes more lending and more spending.
Chapter 6
What will Happen if Hyperinflation
Occurs in the Future?
Many of us in the USA have the mindset that the economy is terrible and it
can’t get any worse. Of course that is before they knew about hyperinflation
and what it could bring to the equation. Should this happen in the future
there are several things that could likely happen.
More Paper Money
Most of us have thought at one time or another that it would be nice to have
piles of cash around that we could do whatever we wanted with. In times of
high inflation the government may create more paper money to circulate as a
means of trying to stimulate the economy. This is really part of the root
cause of hyperinflation though.
14
Let’s say you do have that pile of money around as you have always
dreamed of. It won’t last long though because something that once cost $10
will then cost $15 the next, $20 in a few more days, and by the time the
week ends it may cost $30 or more. This will be the scenario with everything
you need to buy.
This occurs because there isn’t enough gold in place to back up that paper
money. It really does become nothing more of value than just some paper. It
is a complex compilation of events but if we have learned anything
throughout history it tells us that printing more paper money is going to be
more of a problem than a solution.
Increased Panic
When inflation occurs it is tough on the citizens in the USA. At the same
time though when there is hyperinflation and it increases at an alarming rate
then you have to issues where people are in a panic. That is fuel to the fire
though and it will only cause the problem to get worse.
Yet there isn’t much you can do about such panic. We are creatures of habit
and our finances are something that is a very emotional situation full of
tension for many of us already. Therefore, it doesn’t take much for panic and
chaos on an economic level to ensue.
Credit that is Easy to get
During high inflation and the brink of hyperinflation it starts to seem like
there is more credit to be accessed out there. The idea is for the Federal
government and for lending institutions to offer up more money in the area
of credit. They offer incentives, lower rates of interest, and more to entice
people.
The idea is that this will help with being able to help with getting the
economy back on track. The lenders find that they are offering funds that go
beyond what they have in reserves though and that is why problems can
escalate from that point.
Issuing credit to those that may not be able to pay it back increases. Lending
to potential business ideas that may have a tough time making it in a good
15
economy and very little chance in a poor economical state also add to the
tension and difficulties. When credit is readily there it can be enticing for
those that otherwise wouldn’t be pursuing it.
As a result of credit being easier to access, it can cause a spectrum of
problems. For example there are all types of debts that grow out of products
that are made and business ventures. Yet they so often prove to be fruitless
that even when there were good intentions this becomes part of the problem
and not a realistic solution.
All of this results in conflicts, more distrust of the citizens of the USA, and
the government will be blamed for inflation that continues and for busting
the bubble of people that thought this was a step for the economy to
improve.
It is often ironic that it is seen as a means to help calm panic and to get trust
back in the American dollar. On the other hand though what is taking place
behind the scenes is stirring up more chaos and driving the rate of inflation
higher and higher.
The government may be sending a message to come and get money, it is
cheap to get, and it is easier to get than ever. That is a mistake though and
we do need to be very conscious of it.
Yet when you look at what is going on with incentives to start businesses,
parents encouraged to go back to college, and even programs to help people
get newer vehicles and to buy homes you can see these patterns of easier to
get credit all ready in place for the US dollar. That is why the outlook for
hyperinflation continues to be more of a reality all the time.
Ending the Credit Availability
What happens next in that scenario though is that the easy to get credit is
going to have to come to an end. It isn’t realistic to think that they can
continue to lend on reserves that aren’t in place for long.
The issue becomes how to work out those debts. The banks and other
entities will be looking to the Federal government to help them out of the
financial crunch. This in turn is going to create more of a deficit for the
Federal government.
16
Citizens will be burdened with collections, high rates of interest for missed
payments, and feeling that they are in a never ending mountain of debt that
they can’t escape from. During that reallocation period though there is more
panic and doom. That is when people start to lose their businesses and their
homes.
Loss of Income
As businesses fail though many of them are laying off people and so the
overall income of people continues to drop while the prices continue to
increase. Those that have investments out there in various elements as part
of their portfolios also start to realize that they are no longer worth what they
thought they were.
For those that have had money invested in their retirement funds for many
years, it could dwindle down to next to nothing. That can make it hard to
plan the future. For many people it means working 10 or more years longer
than they had planned to due to the loss of financial security for their future.
Some older people aren’t in good enough health to continue working. For
those that are laid off due to business cut backs and closures it is extremely
difficult to find another business that will hire them.
Banks can only see so much in the form of bad debt before they have to stop
lending. For small business that also means lines of credit they once had to
rely on for supplies and to keep things afloat are eliminated. They often
can’t continue the flow of business without them.
When you think that their volume of sales has been reduced too, they may be
just barely getting by. Without the bank there to help them out of a bind they
are going to have their own creditors breathing down their necks.
Assets aren’t Worth Much
Another element that will occur when hyperinflation is present is that assets
aren’t worth very much anymore. A household may decide to sell a vehicle
they have but they discover they can’t get what they owe on it. If it is paid
for they will find they can’t get the blue book value on it.
17
For someone that wants to sell their home to get out from under the debt
they will likely find that the value is well below what they still owe on it.
This is very true for anyone who has lived in their home for less than 10
years and has a 30 year mortgage on it.
Should a vehicle be repossessed or property foreclosed on the lender to will
sell it for what they can get out of it. They will then pursue the person they
lent the money to for the difference. So you could lose your vehicle or your
home and still not be out of the debt.
Credit is definitely a driving factor that can allow hyperinflation to occur.
When you think of the number of people that are relying on credit cards to
get by you can easily see how that is possible. They are paying the minimum
due monthly but racking up more and more on the debt all the time.
They aren’t doing this to live extravagantly or to buy things they want such a
toys and gadgets. They are using that credit to buy food, to get fuel in their
vehicles, and to pay for basic household necessities.
Chapter 7
How to be Prepared
for Hyperinflation
Fuel
While none of us what to see the US dollar collapse, we have to be faced
with the reality that it can happen. The economy is in very poor shape right
now and that means hyperinflation can take place. There are steps you can
take that will help to reduce the impact on you.
Do you have an economic vehicle? When prices at the pumps go up such
crunches are tough. You need a vehicle that is good on fuel. It may be a
18
good time to turn that gas guzzler in for something that benefits you more.
There are tax credits too for investing in a hybrid vehicle so you may want to
go that route as well.
Consider changing jobs or trying to work at home a few days a week. By
doing so you will be able to cut down on commuting. Think about using
public forms of transportation or car pooling too so that you can reduce
overall fuel expenditures.
Food
Smart shopping is very important if you want to reduce your expenses on
food. Take the time to go through ads that the grocery stores offer. Plan your
menu around what is on sale. Avoid processed foods as they tend to cost
much more. Try to buy in bulk too on items you will use often.
Plan meals for at least one week at a time too. Then you will reduce the
number of trips you have to make to the grocery store per month.
Consider growing some of your own foods too. This includes fresh fruits and
vegetables. It isn’t hard to create a garden and your entire family can take
part in it. The cost of preparing it and nurturing it will be far less than buying
such food items at the grocery store.
Alternative Energy
Two of the big increased costs during hyperinflation have to do with
increased utility costs and increased fuel. By going with sources of
alternative energy though you will be able to get what you need for less.
These sources include solar energy, wind energy, and hydro power.
There are grants in some locations as well as tax credits that can assist with
the cost of these alternative energy benefits. It is worth it to look into what
can be done. The additional of solar energy panels for a home or business is
a very typical way to get started with these ideas.
Bartering
In the old days when money had little value bartering was very common.
You can go back to incorporating such ideas too. For example you can clean
19
for someone and they can watch your children. You can do your friends
taxes and they can create a website for your business.
There are so many ways that bartering can take place. The idea is to get
value in exchange for something you can offer someone else of value. Then
you can both accomplish what you need without it being a dollar amount
expense to either one of you.
Gold
While the dollar may be losing its overall value due to inflation – and it will
be definite in hyperinflation, gold continues to do better and better through
all of this. Buying gold is considered to be a hedge against future inflation
and definitely against hyperinflation.
This is because the higher the rate of inflation the more the gold is worth.
The changes in supply and demand in the country and around the world
impact the price of gold on a regular basis. There is a great deal of
information you can refer to that will show you the statistical trends of
buying such a commodity.
Gold is a commodity that is produced specifically for people to accumulate.
That is what distinguishes it from other commodities that are produced for
the sole purpose of them being consumed. The fact that gold is also
universal and accepted in every country around the world though is why it
does have a substantial value.
Of course as the rate of inflation goes up, the cost of gold that you will be
investing in is going to increase too. The longer you wait to buy it the less
you are going to get in return for your investment. When the dollar is weak
the price for this precious commodity is also going to be higher than before.
Gold is the reserve though for value in place of dollars and coins around the
world. The more gold a person has the less tensions they should be faced
with when it comes to the economic downfall. The market can collapse,
banks can be involved in various scandals, but at the end of the day gold will
still be gold – and it will still be of value even during hyperinflation.
20
Chapter 8
Conclusion
Inflation alone is tough but hyperinflation is something that can be
devastating to the USA and to other countries around the world. It can cause
hardship at very deep levels for people that are struggling to get by. It can
affect people both physically and mentally. The trauma of it often results in
higher levels of crime, depression, and higher rates of divorce.
As a result the central bank forces often fight continually to maintain
stability. It is a complex issue though and there are so many variables
forcing their hands. There have been many times in history that
hyperinflation has occurred.
The goal though is to be able to learn from the past so that preventative
measures can be taken in the future. As a result it can help to secure a
stronger economy and reduce the chances that the US dollar will collapse. It
isn’t just up to these banks though.
Don’t think that you don’t play a role in stopping hyperinflation. What many
people don’t realize is that it affects those at the lower end of the income
levels to the very top. The fact that the number of dollars you have no longer
is important means that a struggle from it will have serious repercussions so
we all have to do something.
According to the experts there is no method offered at this point in time that
can completely eliminate the possibility of hyperinflation occur in the USA
or any other country around the world for that matter.
All of us have the responsibility to learn about hyperinflation, to take steps
in our own lives to guard against it, and to make the economic balance of
21
our Nation stronger than it has been in a long time. It can be tough to make it
happen but the collaborative efforts of many can bring promising changes
for tomorrow.
The economy has worn many faces throughout history in the USA. There
have been ups and downs but the US dollar has always held a higher value
than that of many other forms of currency around the world. We have had
two periods in history when hyperinflation changed that.
Are we on the course for that happening right now? Many experts believe
that is the case due to the high unemployment rate, stagnant businesses, and
the easy access to credit. Those are all key points that can cause
hyperinflation to occur. The more critical factors you have involved though
the more evident that hyperinflation is on the horizon becomes apparent.
Understanding what is at stake though is a huge part of changing the course
of history for the USA and the value of the dollar. We have a great deal at
stake that has to be protected. The citizens of the USA aren’t happy with the
economy and they continue to invest in foreign currency at this time.
Hopefully they will realize that isn’t helping but instead invest in gold. That
will help to offer value and backing for the paper money in circulation. You
can be President Obama has an entire team of experts keeping a close eye on
everything. They want to see the economy of the USA rebound.
It is a process though that takes time, that has many variables to consider,
and that have to be tested. There are many things that we want to prevent our
Nation from repeating from history. However, there are many things we may
be able to try that we don’t know the outcome of. We want to do what is
right for the USA dollar but that can also mean taking risks to avoid
hyperinflation.
It is important to be on top of what is going on. Don’t bury your head in the
sand and hope for the best. Be an advocate for what you want to see happen
and how you want your future to be economically. Don’t think for an instant
that you don’t have an influence about what will happen now and in the
future for the economy of the USA.