MONEY: Save but in things that will retain their value

https://www.zerohedge.com/markets/evil-root-all-fiat-money

Evil Is The Root Of All (Fiat) Money
BY TYLER DURDEN
FRIDAY, DEC 03, 2021 – 09:40 PM
Authored by Egon von Greyerz via GoldSwitzerland.com

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“So you think that money is the root of all evil. Have you ever asked what is the root of all money?” -Ayn Rand

Money used to be a stable medium of exchange and a store of value but that was in the days when there were sound monetary principles, mostly backed by gold or silver.

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But these are the consequences that history teaches us time and time again. But sadly everyone thinks it is different today.

Since every currency system in history has collapsed, it is quite a certain bet that this one will too.

For the few who have savings, wealth preservation in physical gold and silver is essential as insurance against yet another failed currency and financial system.

And for everybody it is important to remember that the most important things in life are family and friends. Helping others in difficult times is critical.

Remember also that many wonderful things in life are free, conversations, books, music and nature.

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At this time of peace and joy, let’s prepare for the 7 years of “famine” ahead. 

Buy some commodities and stash them away for the future.

Vote with your wallet when you spend “dollars” and vote your politics considering your wallet.

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POLITICAL: Bernard von NotHaus, “Rosa Parks” opposing the FED

LIBERTY DOLLAR NEWS:
December 2013 Vol. 15 No. 12

Tortured Without Being Sentenced: Bernard von NotHaus

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Judy Shelton, a noted economist who knows which way is up, author of The Coming Soviet Crash (1989) and Money Meltdown (1994) that influenced my work on the Liberty Dollar, a longtime veteran of Washington, a friend who was an approved witness for my trial by not called to testify by my Dumb and Dumber attorneys and the first person to brand me as the “Rosa Parks of monetary policy,” has published a quick 68 page booklet, Fixing the Dollar Now.

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This fellow, Bernard von NotHaus, made a mistake. Poking the Banking Cartel, called the “Federal Reserve System” (i.e., the OPEC of money). Note that despite the name, it’s not “Federal”. It’s a private cartel!

And, as Bernard von NotHaus pointed out, the “dollar”, (technically The Federal Reserve Note), is NOT a store of value.

This is a direct assault on the wealth of the People. It hurts the “non-rich”, who have the capability of holding non-dollar denominated assets. The poor and those on fixed income, who have to spend most or all of their income, are paying the hidden taxes. And when they get a few dollars ahead, their savings are marginalized by low rates of return and the Fed’s printing press.

You have to hold gold, silver, nickels, or any asset that is not in “dollars”. Jury is still out on bit coins in my mind.

YMMV!

I call this political because Bernard von NotHaus is a political prisoner in limbo!

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