MANNARINO: Prepare for Vast Currency Devaluation to Accelerate – and You Lose
Every single dollar that is either spent on funding for the expansion of war or sold to the American people as a way to reduce inflation, MUST BE borrowed into existence
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BY GREGORY MANNARINO, TRADERSCHOICE.NET
Over the weekend CON-gress approved another $95 billion foreign “aid” package, which is in reality a weapons package, for Israel, Ukraine, and Taiwan. The measure passed with OVERWHELMING bipartisan support—and YOU LOSE.
Just by coincidence of course, IMMEDIATELY after “The Big Show” over the skies of Israel, our loving/caring representatives here in the U.S. wasted no time seeking approval for the $95 billion.
Moreover, and just in case you were wondering if this will be the last time that CON-gress will be doing something like this, the answer is flat-out no.
This new $95 billion is just the latest installment with much more going out.
How this latest installment was sold to you.
For several months now this $95 billion “aid” package had stalled in CON-gress as it lacked support, but now all that has changed. Just by coincidence of course, IMMEDIATELY after “The Big Show” over the skies of Israel, our loving/caring representatives here in the U.S. wasted no time seeking approval for the $95 billion.
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Yet to no one’s surprise inflation continues to rise outpacing every single “official” projection. Every single dollar that is either spent on funding for the expansion of war or sold to the American people as a way to reduce inflation, MUST BE borrowed into existence and therefore created out of thin air—AND HERE IS HOW YOU LOSE AGAIN.
The BIG SECRET that you are not supposed to know.
This mechanism of creating cash out of thin air/borrowing it into existence is MASSIVELY currency purchasing power negative, and here is how it works.
When a dollar is created, whether it is a printed dollar or one added to a digital screen, it makes no difference, that newly created dollar IS NOT just automatically worth a dollar, no. For a newly created bill to attain any purchasing power, it MUST steal a fraction, of a fraction, of a fraction, of purchasing power from every other already existing bill. Now, multiply this process by tens of billions of times, and YOU HAVE A REAL PROBLEM—mass currency devaluation which results in a loss of purchasing power. And guess what YOU LOSE.
So, who benefits from currency creation out of thin air?
Well, it is certainly NOT We the People who benefit, ITS CENTRAL BANKS.
Collectively, and I have been warning about this for MANY years now, world central banks are in a race to the bottom. That is central banks are deliberately, WITH THE OBVIOUS DIRECT HELP OF LAWMAKERS, destroying the purchasing power of the currency they issue. Moreover, it’s a vicious cycle, here is how it works.
The faster that a central bank devalues its currency, the more cash MUST BE BORROWED INTO EXISTENCE, as it now takes more currency to make purchases and YOU LOSE.
A great myth must be dispelled here.
A central bank cannot ever go bankrupt. The more debt a central bank can issue, or is called on to issue, for ANY reason, THE STRONGER THEY BECOME… and again YOU LOSE.
I’m spending the savings from the generation that came before me.
And that’s not enough.
So I’m spending all the borrowed money from the generation after me that they’ll have to pay back.
I call it The American Dream.
Prepare for the Jews to pull the plug on their ponzy scheme.