What happens when you undermine or collapse a nations currency? Join Seth Holehouse of Man in America as he is joined by finance expert Andy Schectman. The US currency is under international threat as China increases its cyber-security warfare against the American banking system and the European powers try and manipulate our interest rates through the federal reserve. While Europe and America embrace the very unsteady online currency of bitcoin and other affiliates, our enemies are stockpiling tangible commodities and currencies around gold, silver and copper.
The problem is that, currency MUST be tangible, if you can’t hold it in your hand, then we are forced to rely on a fiat currency. A fiat currency is a currency you cant see or touch but are told that its available. Much like to some degree a credit card, or bitcoin; you are told that you have a certain amount of money or assets tied to the credit card, or bank card or in your cryptocurrency, but trying to physically hold it is impossible.
As the BRIC nations (Brazil, Russia, India, and China) all try and stockpile real commodities of gold, silver and copper, we keep embracing the mentality of printing off money that is increasingly not backed by anything. The United States is at record high inflation, the current administration has printed more money in the past 2 years, than we have in the past 20 years and our government is approaching 30 trillion dollars in debt.
This is a future we cannot leave our children and grandchildren! There needs to be an immediate call for a convention of the states to wrangle in the federal governments spending habits that are purposefully bankrupting out nation. Join Seth Holehouse as he and Andy Schectman discuss the American economy, currency manipulation and much more!
