sixteen.

MONEY IS JUST AN ILLUSION!

Happy f*ckin Friday! What a beautiful day.

Today’s post is strictly about our current monetary system and why it’s actually just an illusion.

We go through decades of schooling without being taught about money. Why? I think we all can agree that money is a fairly significant part of our lives. Instead we learn about the weight of Jupiter, the square root of 16, and how to amortize an asset.

I am not a money guru or a financial advisor. But when I learned how much of a scam our current monetary system is, I spent some time trying to figure out WTF is really going on and why nobody seems to know about it.

It’s also very relevant right now considering we are seeing record inflation, supply chain issues, and our own government having the ability to freeze your bank account if they do not like how you spend your money.

So, I’m sure this will anger some people, but today’s post will be about our current monetary system and how it’s basically an illusion. Which is why we never learnt about it in school.

PRIOR TO 1944, we were on the gold standard. Which meant that for every dollar that was in circulation, there was the equivalent of gold held in the US reserve.

In 1944, as WW2 was coming to an end, the world leaders met at Bretton Woods and decided to create a new financial system and the US dollar was chosen as the world’s reserve currency.

At this meeting, all countries agreed to peg their own currency to the US dollar, and the US dollar would be valued at $35 per ounce. The other countries would now have to exchange their currency for US dollars, and then they could purchase gold.

Essentially, at this time, all currencies were still backed by gold (via the US dollar).

During the Vietnam War, other countries were worried that the US was printing more dollars than they had gold to back it up. So these other countries started asking for physical delivery of their gold.

In a panic to stop the gold leaking out of the US, the US did something that would shape the next 50 years of world history. In 1971, President Nixon took the US off the gold standard.

Since then, our currency has been backed by nothing. Other than complete faith and trust in government.
*At this point I will stop and ask, how much do you trust your government?

The US has never had a surplus since they went off the gold standard. And I don’t need to tell you about the inflation it’s caused.

This post is not meant to shit on the banks. We absolutely need a monetary system and banks have helped facilitate that.

I am simply trying to spread awareness so that one day we can get back to a gold standard or something similar. This is 100% necessary to move forward.

Also, please consider taking $100 and buying some precious metals. The government has been suppressing gold and silver since 1971 to make the dollar appear more attractive. It’s time to trade some fake assets for some real ones.

If you need help finding a place to put your dirty fiat, please send me an email. I would love to help out and discuss some options.

Peace and love, always.