When monetary control is centralized, as it is today, prosperity withers. The Wall Street Journal just surveyed top hedge fund managers and found a significant belief that full-fledged, global ruin is on its way. Tamper with freedom, monetarily or otherwise, and you end up facing catastrophe.
That’s just where we are today.
The managers pointed directly at the purposeful monetary mismanagement of central banks around the world. These central banks large and small are pumping oceans of money into financial markets as well as lowering rates until they are actually negative, which has never happened before in recorded history.
When the final catastrophic implosion eventually occurs, we will look back on this era with amazement, wondering how people didn’t sense the disaster to come.
Here at TDV, we’ve been quite aware of what’s going to take place right from the start. Even our name – The Dollar Vigilante – speaks to our awareness of the world’s impending monetary ruin.
We were something of a lone voice because people have a hard time visualizing that King Dollar can collapse. But before all of this is over, not a currency – or economy – will be left standing. We’ll probably have to start from scratch.
We’ve said for years that all of this ends in a rock and a hard place scenario. The two options are to stop the money printing and interest rate suppression… leading to a catastrophic crash and depression of biblical proportions. Or, to continue with it until we reach hyperinflation… leading to an even worse catastrophic crash and depression of biblical proportions.
For now, they continue on with the game. And the longer they continue playing this game the crazier everything will get.
This post was published at Dollar Vigilante on December 10, 2016.
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