One of the consistent themes among both the libertarian and conservative movements is having a limited small government. Over the past century, our federal government has gotten so large and powerful that it has direct impact in virtually ever aspect of our lives. Often times, when discussing the financial impact that it has on us, we are referring to the outrageous tax rates we have in the United States. However, one of the other areas is in regards to the value of the dollar.
Ever since the United States dollar was taken off of the gold standard, we’ve seen our government manipulate our currency to their benefit. The result? Devaluing our dollar. Our dollar today is worth $0.05 compared to the dollar of 1913. That means that $20 today is equivalent to $1 back then!
This has been accomplished through currency manipulation by the Fed, through a combination of multiple strategies being employed at the same time. The most obvious manipulation tactic is simply by printing more money, which has been happening consistently over the past several decades. During the COVID-19 “plandemic” of 2020, we saw the emergency stimulus packages funded simply by printing money out of thin air.
Another huge aspect that has led to the devaluing of the dollar is with debt. Banks use this strategy for their own financial benefit, but the result is getting more cash in circulation, which devalues the dollar even more. You would think that banks would be lending out the money that they have in reserves. Instead, they are essentially creating money to lend, which is inflating the dollar without governmental involvement.
This is “legal” theft of the American people. The money that we earned is losing its buying power every day that goes by due to the currency manipulation. You are literally losing money by saving. How backwards is that? This is all the result of these sinister tactics by the powers-that-be.
Clearly, there is concern when you have big government and big corporations manipulating our currency. How do we reign this in?
It doesn’t appear like we have a legal recourse right now, especially in light of the establishment political crowd in Washington DC clearly showing that they have no intention of fixing the situation. We cannot rely on the very people creating this mess to fix the problem.
One opportunity would be to transition off of fiat currency and head over to cryptocurrency. Obviously, this is not financial advice and you should do your own research. However, Bitcoin and other cryptocurrencies to seem to provide an opportunity to get government out of our financial lives. Through decentralization, we can regain control and personal responsibility for ourselves… which is the whole point to the freedom and liberty that our Founding Fathers intended for America.
The Biden regime is destroying our economy, putting your property and financial security at risk. What's worse is that they are discouraging the purchase of precious metals as they try to salvage their midterm election fortunes. Buy precious metals from an America-First patriot. Contact Our Gold Guy and protect yourself through the coming (and current) economic turmoil.