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Just getting into investing---fun!

Inflation is not caused by rising prices. Inflation is rising prices. We can argue about causes and effects but let's at least agree to use generally accepted definitions.

Shadowstats is BS. Many government inflation metrics do understate inflation to varied degrees, and it's not unreasonable to point it out as well as come up with an alternative, more realistic inflation curve. However, John Williams did not do that. Instead, he went full retard in the opposite direction. Never go full retard. But I am sure he makes a good living peddling financial advice to gold bugs and doomsday preppers.



One does not own gold and silver. One merely pays for safekeeping it until the government decides to take it.



When is that going to happen? Do you have a date or a timeframe? Cause you know, in the long run, we are all dead.

Sounds like a great strategy would be to borrow as much money as possible for as long as possible to buy businesses, houses, land and durable assets. Just think about, buy many more silver dollars today than you could otherwise, and pay back your loans in the future with paper dollars that are worth nothing.

I agree

The monetary system will collapse when the government decides it's no longer needed. Do you really think that's going to happen anytime soon?

The government can make it collapse any time it wants, but there is an armada of black swans circling overhead, any one of which can cause the herd to panic and trigger/accelerate the collapse. Regardless, the monetary system will eventually collapse under it's own weight.


You confuse the functions of the Treasury and of the Federal Reserve Bank. Things don't work the way you think they work.

I am not confused at all. The government (congress) creates Treasuries. The Federal Reserve member banks known as Primary Dealers, buy them with money (USD fiat) created out of thin air by the Federal Reserve Central Bank. The member banks sell some of them to buyers all over the world. They get a fee when sold, and another fee when redeemed. They hold some of them themselves, a lot of them.

https://www.federalreserve.gov/releases/h41/current/h41.pdf

Be sure to add the 6 zeros to each item.

Regardless of how anyone sizes up the situation, We should bear in mind that the only real wealth we will ever have is our time here on earth. (hint)
 
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