Money Losing Value in 2 Charts & the Swiss Gold Initiative: 1st Step Back to Sound Money?
- By : JanssenReportHost
- Category : Global Economy
Today on The Janssen Report (#82): our money is losing value. We are losing our life-savings through loss of purchasing power!
Most people don’t realize this, because we actually hear sometimes that the dollar is getting stronger, but this is only the case relative to other (debt-based, fiat) currencies.
Across the board the currencies, euro, dollar, yen, yuan, ruble, are actually only getting weaker. Sound money is required for a long-term strong economy. Germany and Switzerland have proven this to work in the second half of last century.
In this report I am showing you a way to look at this devaluation of currencies.
I also talk about the Swiss Gold Initiative, which might be a first step back to sound money; let’s see how this plays out.
Watch this episode of The Janssen Report here:
Sources:
The James Turk Interview as appeared on King World News: read here
Some background on The Swiss Gold Initiative: read here
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Cheers!
Marco Janssen