And it won’t take any action on your part. All you need to do is sit idly by while government grows – more government intervention and regulation of the “unfettered free market.” More government intervention in foreign affairs, constant war, and ongoing occupation of 130 countries. And most importantly, sit and watch as more power and control are handed over to the engine of government growth: The Federal Reserve System.
An ever-expanding government needs money to run its wars, to subsidize and bail out its politically connected corporatists, and to pacify the masses with handouts. It can only tax its subjects so much before they revolt, so it fires up the printing presses and creates new money out of thin air.
When government pumps new fiat money into the economy, it inflates the money supply. This is the true definition of inflation. When the money supply increases, the purchasing power of the dollar declines, as there are more dollars competing for the same amount of goods in the marketplace. Prices for everything go up, which is now misleadingly called inflation (shifting the name to the effect rather than the cause) to mask the tampering going on behind the curtain.
As the dollar declines and the economy suffers, the government “takes action” to stimulate the economy – by inflating. Government spending programs are launched and easy credit is pushed into the marketplace to pump up consumerism. You read that right – using inflation to cure the problems caused by inflation.
Thus begins the vicious cycle into hyperinflation. And this is where your millions come in.
In the Weimar Republic of 1923, the currency was inflated to the point that men were paid several times a day by their employer. Their wives stopped by the job, picked up the money, and spent it on food before it lost more value. Near the end, a man walked into town with a wheelbarrow full of cash seeking to trade it for food. He left it parked on the sidewalk while he inquired with the shopkeeper. When he returned to get his money, he found it dumped on the street and his wheelbarrow stolen.
In Zimbabwe today, the government has discovered that the paper going into the production of money is worth more than the currency itself, so they have resorted to printing extra zeroes on existing supply.
There are many examples like these throughout history; it can and will happen here – the only question is when. The future value of all fiat currencies, at some point in time, is zero.
Shortly before the complete collapse of the dollar, you will be a millionaire - but you’ll be dirt poor – because along the way, the central bank will have obliterated the middle class, having completed a massive transfer of wealth from the proles to the bankers. The only amelioration is that you won’t have to lug wheelbarrows full of cash down to the store to buy a loaf of bread, because you’ll have a debit card.
If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered. – Thomas Jefferson