What we have had in the West, in recent decades, has been the welfare state..., what I would call ‘socialism light’…The people in power, the elite, do not want to relinquish their power so they plan to retain it under full-blown socialism for the populations of the West….This…means the inevitable decline of industrial civilization, and the inevitable impoverishment of the world’s population….
So says Hugo Salinas Price in edited excerpts from an interview with King World News as provided by Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!). This paragraph must be included in its entirety in any re-posting to avoid copyright infringement.
Price concludes his interview (For the full interview go here. It is a VERY interesting, indeed provocative, read) by saying:
For those people who want to protect themselves, they are going to have to be imaginative in trying to protect themselves in whatever way they can from this onslaught of centralized government. Everybody should constitute a reserve of something that will function as ‘real’ money because there will be continued abuse of fiat money in order to fund the socialist state.
Evidence shows that the U.S. money supply trend is in the early stages of hyperbolic growth coupled with a similar move in the price of gold. All sign point to a further escalation of money-printing in 2012…followed by unexpected and accelerating price inflation, followed by a rise in nominal interest rates that will bring a sovereign debt crisis for the U. S. dollar with it as the cost of borrowing for the government escalates…[Let me show you the evidence.] Words: 660
When the supply of something is increased sharply relative to demand, the value of that commodity will decline. If the supply continues to increase rapidly and indefinitely, then that item will become worth less and less, with the potential to finally become nearly worthless. This is the Developing Disaster facing the US Dollar and the world. This is the factor that could become the single most important criterion in investment allocation decisions and possibly even for individual financial survival…[Let me explain this further by reviewing the 7 major problems facing the U.S. (and thus the world) and how they all will lead to problem #7 – devolution.] Words: 1520