The sobering reality is: Inflation is caused by the Fed's excessive printing of money, in the form of Quantitative Easing, be it in actual note printing, or the digitized version. Now that's off the table, we're left with suffering the consequences.
Most people do
not realize that this excess 'money' being printed actually dilutes the
spending power of the 'money' that is actually already 'out there' in
circulation. This means it takes 'more' dollars to buy the item.
Why dehydrate food? Millions of Americans may be faced with having little or NO food
to put on their dining tables, and it's pretty much unimaginable that
this "land of plenty" could possibly be anything but. So it's time to put some away for that rainy day.
Imagine this: I used to think that ooh, look, our house is now worth $25,000 more than it was three years ago! Happy days! – WRONG! – Why? The actual value of our home didn't change at all ... simply the price (in US dollars) did ... and the fact that now, three years later, it simply needs an extra $25,000 to buy it because the VALUE of the dollar has dropped, thereby needing more dollars to purchase our home! Please Note: this increased-home-price scenario was in the 'good old days' of 2003-2005!
The house price seemed to 'have gone up' when in fact, it's due to the dollar's demise and excess money in circulation. Inflation has diluted the buying power of the dollar. The simple fact is that it takes MORE money now to buy it.
Let us clarify something here, money, as we're used to thinking of as our paper notes which are stuffed in our wallets, is NOT money – it is 'currency' with a promise that its worth is backed by the full faith and credit of the United States Government.
That's another scary point. When the rest of the world loses 'faith' in the US, what could happen? And what happens if the 'credit rating' of the US slips even more? You guessed it – the dollar's value falls even more, which you may have been witnessing these past few years. And then inflation sets in and prices rise in other areas. Areas such as the commodities: oil, food; you know – the stuff we need for everyday living!
Think back to the good old days – well, not that far back – but back to the 1970s. The dollar used to be backed by gold, in other words, you could exchange your paper dollar for the equivalent amount of gold ... until President Nixon took us off the 'gold standard'. The only real money is GOLD or SILVER, i.e. precious metals. When Mr. Nixon un-pegged the dollar from gold, it meant that the dollar was now in fact backed by nothing but the 'good faith and credit of the United States Government' as mentioned above. At that time, the dollar was worth a dollar until inflation hit.
Visit Only Silver Bullion for much more
information on silver bullion by
clicking their link or click on the banner below!
Discover how only silver bullion can protect
your wealth from the coming monetary
collapse, and why you should be buying
as much as you can afford.
In fact, this is the very first time in HISTORY that all of the major world currencies are pegged to the US Dollar, so when the dollar fails, so follows all the other major countries' currencies that are also pegged to the US dollar!
Another name for these currencies is 'fiat' currencies. Fiat actually is Latin meaning "let it be done" ... and that simply equates to "any money declared by a government to be legal tender." Just thought you'd like to know!
And that's where buying precious metals comes into play.