A Dummies Guide to Cryptocurrencies by Peter Aldred

Author:Peter Aldred [Aldred, Peter]
Language: eng
Format: epub, azw3
Published: 2016-03-14T00:00:00+00:00

bread. Hyperinflation, as wrong as it sounds, is also an enormous opportunity for those positioned correctly. One individual borrowed enough to buy a large herd of cattle as the crisis was starting and shortly after paid it back in full by selling a single cow. Property will change hands many times during these times, usually out of the hands of hardworking people of the country and into the hands of a minority with enormous wealth and no morals. Once things stabilise again they could find themselves owning entire towns or even large areas of cities, which will then most likely be rented back to the people they were originally taken from.

So why during the last 5 years has America not been experiencing hyperinflation when they have injected billions and billions of new dollars into their economy? This is due to a process so obscure and devious, but one that will ultimately come back to haunt them, with unimaginable consequences. America has been 'exporting their inflation'. So how exactly does that work? Quite simple really, as all these new dollars are injected they are using them to purchase products and services from overseas, shipping their dollars out of

the country. The result of which is that all these extra dollars are not floating around in their own economy and devaluing it or significantly increasing the cost of their products. But this is what the Americans might say is only a 'Band-Aid'. Yes, it is offering a temporary solution, but what happens when faith in the dollar is destroyed? Suddenly, all these dollars that are spread around the world come flooding back and, when that time comes, something hits the proverbial fan. The resulting hyperinflation could potentially be the worst ever recorded. This story could potentially make the hyperinflation of the Weimar Republic in the 1920’s look like child's play!

However, it is not just the US who has been injecting enormous volumes of new cash into its economy. Every country on the Planet has been expanding its fiat currency since the banking crises, each one having at least doubled, in many cases tripled its supply of fiat currency in circulation since 2008. It took America 200 years up to the financial meltdown to reach $825 billion as its total amount of currency in circulation. On Christmas day 2013 there was $1.24 Trillion in circulation, as stated by the Federal Reserve website. That is $415 billion fabricated in the last 6 years alone, just greater than 50% of what it took 200 years to reach.

Ultimately, the main issue with inflation is that the people who are actually driving our economies are the ones that suffer. The buying power is being taken out of the hands of the farmers, the factories, the educational systems and other essential infrastructure, and doing nothing more than lining the pockets of the world’s private bankers as they sit on their pedestals grinning inanely at how gullible we all are.

We now havein excess of 7billion people populating our Planet. Are

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