How to Deprogram Your Friends & Family from the Cult of Fiat Currency Jeff Clark, Senior Analyst, GoldSilver
JUL 6, 2020
Most everyone you know is a member of a cult. It’s not their fault, and they didn’t consciously seek it out, but your friends and family and almost everyone you know and even come in contact with belong to a system that has brainwashed them.
This cult is robbing them. And it’s doing so clandestinely, without their knowledge or approval. It’s so sly that they don’t even know it’s happening.
In fact, the leaders behind this cult have convinced them that this system is normal. They accept it, since that’s the way things are done and the way everyone else does it.
But it continues to rob them. Even as you read this.
In order to escape this cult they must undergo some deprogramming. However, getting debriefed from a cult is not easy, and they may resist and protest and refuse.
But that won’t change the fact of what is happening, and their situation will not improve until they accept what is taking place and agree to do things in a different way. And here’s the good news: once they understand how they’re being robbed, the solution will become apparent to them.
Most of our readership already understands this cult. So I offer the following deprogramming to your friends and family as a way to bring them back to “normal,” to help them realize why they can never seem to get ahead, and what they can do about it…
The Cult of Fiat Currency
If you could look at the entirety of monetary history in one snapshot, some glaring facts would stick out. You’d see that gold and/or silver have frequently served as monetary standards, even in the United States not that long ago… that fiat currency systems have always eventually failed… and that for the first time in recorded history all monetary systems in the world are fiat based.
This fully-fiat period in history has never happened before. That means there’s no playbook to tell us what could happen, that it’s really just an experiment. Living in this unprecedented time in history means that risks to the monetary system are high.
In the meantime, the robbery continues. Because we live in a fiat world—where paper dollars are “money” because the government says they’re money—they can be diluted at will. And it only takes a 7th grade education to understand that the more you create of x, the less valuable x becomes.
I’m sure you are aware of all the QE efforts that are underway. When those currency units are first created, they benefit those that receive them first. In other words, the people ahead of you. The longer it takes for those new units to reach you, the less valuable they become. For the most part you are at the end of that line.
This is nothing new. History shows that creating currency has been the most common way to “restructure” debt. Currency dilution is a trick played by central bankers and politicians to devalue debt, since it allows them to repay it in “cheaper” dollars.
You may claim that consumer inflation is low, so what does a little dilution matter? But you’re overlooking the fact that even low inflation adds up.
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