USA’s Day Of Reckoning Looms – “We’ve Had 2 Warnings, The 3rd Strike Is Game Over”
History shows that once or twice in a generation a global crisis comes along that radically devastates people’s way of life. A fundamental shift so big and drastic and overwhelming that it destroys their standard of living and impacts every area of their lives. We are about to experience one of those events…
As Mike Maloney outlines in his brand new episode of the Hidden Secrets of Money, that next major event is deflation. And the culprit will be a relatively obscure monetary term that will impact virtually every area of your life: money velocity.
You may not know exactly what money velocity means, but we will all soon experience it firsthand. In fact, money velocity will be the culprit of not just deflation, but the resulting inflation—and maybe hyperinflation—that will immediately follow. [Mike refers to it as “currency” velocity, a more accurate term, since true “money” is gold and silver.]
The good news is, there is a way to protect yourself and even profit from these upcoming crises. History shows that on the opposite side of every crisis, there is an equal opportunity…
Source: http://silveristhenew.com/2016/10/06/usas-day-of-reckoning-looms-weve-had-2-warnings-the-3rd-strike-is-game-over/
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Brilliant – well done!
these people are worse than televangelist
money velocity (Forget the name change) is how fast money changes hands and is not just kept in the bank but the trouble is it’s still is changing hands between one stock and another one which should not realy be counted since it produces nothing
in terms of you cleaning my windows and then spending your money to buy a dinner the velocity of money is at an all time low because scum ball bankers have pushed mud prices too high so rents go high and the poor old wondow clearner has to now cover the rent so the bankers get it.
My real money has no velocity because i don’t sell my silver coins or trade with them and will be buying more if the paper price hits $12oz like i’ve been saying for ages.