- George Gammon
👉Gold standard INTEL THEY DON’T WANT YOU TO KNOW! 👈Mention the gold standard and most people will laugh, but these people haven’t studied history. The classic gold standard we had in the US from approximately 1870-1913 yielded the greatest boom time in US history. In fact, the gold standard, in and of itself, isn’t that important. It’s having a way to limit the growth of a nations currency. Whether this is done through a gold standard, bitcoin standard, anything standard it doesn’t matter. With a fixed type currency the magic of the free market can take control and produce more and more goods and services at continually cheaper prices. When the data is reviewed it becomes obvious, a gold standard, limited money supply, and healthy deflation create the ideal economic conditions for growth by all participants in a society. Wondering about deflation, inflation, the price of gold, an economic collapse, dollar collapse OR If you have an interest in the future of the economy THIS VIDEO IS FOR YOU!
The gold standard is revered by some and loathed by others. People who like big government and intervention hate the gold standard and those who prefer a limited government love the gold standard. As prudent investors we need to be prepared for what ever macro economic outcome presents itself whether, hyperinflation, a dollar crisis, a stock market crash or a blow up in the bond market! In this gold standard saves the world video I discuss the following:
1. What has the performance of the economy been under a gold standard.
2. What economic problems would be solved by a gold standard.
3. What would the end game look like if we transitioned or were forced into a gold standard or any fixed currency supply system.