Hellow guys, Welcome to my website, and you are watching The Purchasing Power Lifecycle of Consumer Dollar. and this vIdeo is uploaded by ITM TRADING, INC. at 2020-08-27T14:23:52-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | The Purchasing Power Lifecycle of Consumer Dollar |
| Video Uploader | Video From ITM TRADING, INC. |
| Upload Date | This Video Uploaded At 27-08-2020 17:23:52 |
| Video Discription | Questions on Protecting Wealth with Gold & Silver? Call 877-410-1414 or Schedule a Call for Later Here: ↓ https://calendly.com/itmtrading/youtube Links to slide: https://www.itmtrading.com/blog/how-inflation-impacts-you-the-purchasing-power-lifecycle-of-the-consumer-dollar/ The literal translation of “fiat” is by decree. In other words, government mandated money. What the government giveth, the government can taketh away, but they prefer to do it as invisibly as possible. Together with the Federal Reserve, they use inflation, which causes “nominal confusion”, to get individuals to volunteer the value of fiat money over time. Inflation is NOT a monetary phenomenon but rather is embedded in fiat money. Further, by design, the average wage NEVER keeps pace with inflation, though fiat money assets may. Using bread to illustrate the point, prior to the shift in 1913, 1/20th of an ounce of gold backed every $1 bill and could buy 11 loaves of bread at that time. As the USD transitioned into pure fiat backed by debt, the purchasing power value of the USD declined. Today, using the cheapest loaf of bread I could find, $1 can only buy 1/3rd of a loaf, but (as of 8-24-20 closing spot price) 1/20th of an ounce of gold would buy 28 loaves of bread, proving, once again, that gold money cannot be inflated away. FYI: ITM Trading is comprised of Precious Metals and Economic Experts. We are not financial planners, nor do we do general financial consulting. We are Gold & Silver Strategists. We sell Gold & Silver to Strategic Investors who want to protect their wealth with the proper types, dates, and qualities of precious metals. For more info Call: 877-410-1414 For More Videos and Research Click Here: https://www.ITMTrading.com/Blog Also, watch us on www.brighteon.com If you have questions to submit for our Q&A Video Series, send them to: [email protected] STAY IN THE KNOW! For Critical Info, Strategies, and Updates Subscribe here: https://www.youtube.com/user/ITMTrading?sub_confirmation=1 If you're not already in a protected position for the next crisis, call us for your free strategy consult: 877-410-1414 THEN WHAT? If you want to know what to actually DO about all of this, that's what we specialize in at ITM Trading. How do you protect your wealth for the next collapse and financial reset? Yes Gold and Silver, but what types? How much of each? What strategy? And what long term plan? If you're asking these questions you're already ahead of the game... We're here to help, as it is our mission to safeguard the public from the inevitable downfall of the dollar, stock markets, and real estate. We are the most recommended precious metals company in the industry for good reason, because we create lifetime relationships with our clients, and facilitate strategies for lifetime security. Find out if you're properly protected today... ITM TRADING: Helping Build Your Future, Freedom, and Legacy Call Today for Your 1st Strategy Session: 877-410-1414 You can also email us at: [email protected] For Instant Updates and Important News, please follow us on: All Our Videos and Research: https://www.ITMTrading.com/Blog Homepage: https://www.ITMTrading.com ITM Trading Twitter: https://twitter.com/itmtrading Lynette Zang Twitter: https://twitter.com/itmtrading_zang Facebook: https://facebook.com/ITMTrading By ITM Trading's Lynette Zang Call Us Direct for Long-Term Gold & Silver Strategies: 877-410-1414 ITM Trading Inc. © Copyright, 1995 - 2019 All Rights Reserved. |
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| Tags | 2020 | recession | lynette zang | zang youtube | lynete zang | itm trading | crash | collapse | economic reset | monetary reset | us collapse | currency collapse | gold | silver | gold and silver | buy gold | why buy gold | is gold better than silver | is silver better than gold? | gold investment | stock market volatility | 401k | ira | pension | gold strategy | economy reset | central banks | unemployment | Real Estate | FED | Debt | hyperinflation | stock market | Purchasing Power | Inflation | US Dollar |
