Wealth protection and wealth-building strategies you need to know now! Let s begin at the beginning. We are in the grip of a financial crisis that threatens to wipe out the savings of millions of middle and upper middle class people, and if you don t know about it and or don t understand, then you are in grave financial danger. If you have significant savings in US dollars in the form of cash, deposits and securities, then you run the risk of rapid asset degradation. This includes blue chip stocks and even American Treasuries. Money is not what it once was. People used to exchange silver and gold coins for goods; today people use notes from central banks. While this does not seem on the surface to be an earthshaking change, in fact the way people conceive of money today is far different than what money was understood to be years ago. Today, the primary generator of money is the central bank in the Western world. A central bank is in charge of issuing money paper bills backed by the full faith and credit of the issuing country. By severing the link between precious metals and paper money, the West has embarked on a grand experiment that can only end in disaster, as it has countless times before. In China alone, in a 10,000 year history, there have been a number of fiat money episodes, and not a single one has lasted.
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