The American economy is living on borrowed time through the infusion of massive amounts of “printed out of thin air” cash being printed by the Federal Reserve. Anyone with an IQ above room temperature knows that the inevitable economic crash is looming on the horizon. The deficit is $17 trillion dollars and that is the good news. The unfunded liabilities debt (e.g. Social Security, Medicare, etc.) is estimated to be $240 trillion dollars. Finally, the derivatives debt that average citizens have been saddled with the burden of paying off through the infamous bailouts is now estimated to $1.5 quadrillion dollars. With the most optimistic estimates that the world’s GDP is less that $100 trillion dollars, it does not take a rocket scientist to figure out that the ability to pay off the debt through taxation and the endless bailouts is simply not possible.
The Federal Reserve and their colleagues know that the crash is coming. Your home, your pension, your bank account are all at risk when, not if, the crash comes. Therefore, the Federal Reserve, since 2012, has spent an estimated $40 billion per month buying of mortgage backed securities in anticipation of the crash. After the crash, hard assets such as homes, office buildings and shopping malls will be valued assets in a post-dollar world. The aforementioned is an intelligent and prudent investment on the part of the Federal Reserve, not to mention that what they are doing is perfectly legal. Unfortunately, the government, as a whole, is not waiting for an economic crash to seize personal assets as they and their cronies at the Federal Reserve are after your assets in any manner that that they can achieve seizure. The only obstacle in the way of the public theft of private assets is the United States Constitution and the Fifth Amendment. Continues