For over five hundred years the world has experienced a great credit expansion by moving from 100% commodity money to fiat currency illusions and fractional reserve banking. But the pendulum reached its zenith and is now moving the other way in the great credit contraction
Societal organization and entrenched power interests are engaged in massive economic censorship via price controls accomplished through manipulation of interest rates using the political, monetary and financial systems.
Tangible censorship-resistant assets like gold and Bitcoin stand in the way of this insidious process and as bulwarks against despotic inroads by governments by preventing confiscation through inflation which is a form of taxation without representation.
Gold and Bitcoin are both tangible assets. Learn why.
The manipulation of interest rates is a form of price controls and a result of public policy to engage in economic censorship.
This transition to the Information Age and the Great Credit Contraction will result in tremendous opportunities for wealth transfer. See some that actually happened!
Inflation works against the interests of society by enabling the confiscation through inflation which is a form of taxation without representation.
