http://fortifiedfortresses.blogspot.com/

Tuesday, December 13, 2011

Why a Dollar & Euro Collapse Is Guaranteed | Gerald Celente Trends Blog

Why a Dollar & Euro Collapse Is Guaranteed | Gerald Celente Trends Blog: They will never get behind outright default under any circumstance. Their complete existence depends on the people having only one means of trade, and that is a fiat currency. They would rather see a currency become worthless enough that no one can afford to purchase gold and silver. Fractional reserve .governments and banks survive by confiscating hard earned wealth of others & wasting it on themselves & their friends. whenever they see the power slip thru their fingers they will always tighten it. the gold window could be shut or taxed heavily in the west. but in the east people use gold very heavily. even the lower middle class. it's part of their culture. so taxing it will be impossible. but the taxes will come thru inflation & taxes of goods & services. this will lead to social unrest.

No comments: