We are in the midst of a full-blown currency war as a nation after nation jumps on the negative interest bandwagon. There is no stopping this destructive race to the bottom; a nation can only hope to slow down the destruction of their currency.
The Fed is on a mission possible, and that mission is only possible because the masses have given up; they feel that the Government and the Fed will take care of them. Even though all the evidence to date illustrates that the Fed is only out to wreck havoc on the working middle class.
Central bankers worldwide have banded together to declare war on cash as they gleefully embrace negative rates. Take a look at the chart above and see how the economic landscape is changing. Once upon a time, if you spoke of negative rates people would have looked at you as if you lost your mind. Today in the midst of all this new money, we have deflation instead of inflation. Better take the time to understand how the nefarious Fed operates.
It is just a matter of time before this dance with negative rates becomes a worldwide hit and central bankers around the world are forced to implement these destructive policies. In such an environment, resistance is futile, and that is why we are sure it’s just a matter of time before the Fed reverses course and starts to lower rates.
Economic recovery is nothing but an illusion
- 76% of families are living from pay check to pay check.
- According to CBS 33% of families earning $75,000 per year; this phenomenon is not restricted to just the so-called working poor.
- While the official unemployment rate is currently below 5%, the unofficial rate is close to 23% according to shadow stats.
The War on Cash is fully underway if you don’t act, everything you worked for could be taken away
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