Monday, September 23, 2013

Dollar CRISIS this Winter, CONFISCATION of Gold & Silver: Alasdair MacLeod


Inflation is being hidden expertly by the government as well. Wage stagnation in a poor economy hides service sector inflation, and China hides the rest. Consumer goods aren't much more expensive because it's all imported from China now, and the Chinese government is willing to accept massive exchange losses to
keep us buying. Their slave labor doesn't know what its losing, so it's no skin off their back. Fuel prices have doubled in the last 5 years, despite massive gains in supply from domestic sources. Food prices have also doubled, but since so many poor people are getting government handouts, the true cost is disguised. Food and fuel are non-elastic demand items, which is where inflation shows up first. It's also why they get left out of government calculations. At this point, a strong recovery would be damaging in and of itself, because inflation would spike badly as the glut of money in the system starts to move. But seeing as the government has no intention of letting the job market pick up, it will be slow strangulation of QE.

For most of his 40 years in the finance industry, Alasdair MacLeod has been de-mystifying macro-economic events for his investing clients. The accumulation of this experience has convinced him that unsound monetary policies are the most destructive weapon governments use against the common man. Accordingly, his mission is to educate and inform the public in layman's terms what governments do with money and how to protect themselves from the consequences. Alasdair believes
​one of the major consequences of unsound monetary policies will come in the form of a currency crisis as soon as this winter. Stay tuned for Alasdair's views on how this crisis may unfold and how you can protect your wealth from its destructive impact.

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