The Fed (with all central banks) has already mentioned there will be stimulus for years and years.
What this means for you?
Currency printed is NOT wealth, real wealth is what we produce (in terms and goods and services) and exchanged for currency (a measure of your productivity). Currency is used to store your economic energy (savings) and used whenever you exchange currency (your bank balance) for goods and services for consumption (your utility from making purchases).
When the central banks keep printing and the GDP of the economy doesn’t increase, what happens:
1. General prices of goods and services go up (your loss of purchasing power)
2. Interest rates of banks are low (your savings in your bank cannot yield interest rate high enough to offset the inflation rate.
3. The rich (those with excess capital to deploy) will invest in businesses, stock markets and real estate) to get better yield on their currencies.
4. But due to Covid19, there are very few businesses or industries that are doing well, as such, more capital is sent to equity markets.
If you do not do anything to protect yourself, your savings in the banks are guaranteed to lose their value.
1. Educate yourself and understand how the financial system work and make better decision!
2. We recommend you watch this entire series of “Hidden Secrets of Money” for free on Youtube
3. Buy physical gold and silver (this is real money) to offset the effects of inflation
4. Buy gold and silver mining stocks (gold and mining stocks go up faster than the rate of increase of the spot price of gold and silver (warning: the reverse is also true!)
5. Buy cryptocurrencies (we will be sharing more on this later!)
6. Check out HIVE Blockchain listed on Canada’s Toronto Stock Exchange
HIVE Blockchain has gone up since we last shared this, this is a company that mines cryptocurrencies (inflation hedge) and with Bitcoin and Ethereum going to go up in prices, any price you buy under CAD$1 per stock of Hive Block Chain is a bargain! We recommend you wait until it crosses it’s all time high of CAD$5.37 on 3rd Nov 2017! (since it became a crypto mining company.
Also, please share what is coming (big inflation) with as many people as possible! Secure your future for your family and yourself! The economic situation is likely to worsen before it recovers in a few years.
PS: I know this is not the best way to reach you but I am doing this with the hope of helping as many people as possible. I am currently spending money out of my own pockets (without selling anything in return).
Please spend some time to think about what is coming. Do check this documentary out: https://www.youtube.com/watch?v=DyV0OfU3-FU
We are not affiliated to HIVE BLOCKCHAIN in any way.
Disclaimer: This is not financial advice and we own some Hive Blockchain. We are living in extreme times when the Fed and all central banks around the world is printing lots of currencies. It is a mathematical certainity that everything will go up in price due to the excessive currency printing. We believe cryptocurrencies have more room to go up in prices when the water lifts all boats. Do your own research on this and prepare for the worst