MIND OVER MONEY
Money is energy. Money is a store of economic value. Money is physical gold and silver.
Fiat currency is paper dollars and digital bank credits. You have been chasing paper your whole life, giving away your time and being paid with a currency that has no intrinsic value. The dollar has not been backed by gold since 1971, when the dollar was taken completely off the gold standard.
Since then, the purchasing power of the dollar has continued to decline as the currency supply is continuously diluted by the excessive printing of paper dollars.
Since the market crash in 2008 along with the bank bailouts, the federal reserve has been printing currency at an alarming rate. This is known to the public as, "raising the debt ceiling" or "quantitative easing".
Let's try to separate our perceptions from the myth time equals money. Fiat currencies are losing their purchasing power, so you will have to trade more and more of your time away in order to acquire more paper dollars to counter balance the loss of purchasing power of the currency supply.
In the old economy (pre-1971) only required one person from each household to work to survive when the dollar was at least still partially backed by gold to protect its purchasing power.
In this new economy, savers are losers according to the highly revered Robert Kiyasaki.
"Paper money eventually returns to it's intrinsic value... Zero."
-Voltaire
PART 1 - MONEY IS ENERGY
How to Manifest Money by Infinite Waters
Historically, all fiat currencies of the past have gone bankrupt. Over the past century, the dollar has already lost 95% of its purchasing power and countries around the world are moving away from using the dollar as the global reserve currency. Instead, these nations other mediums of exchange such as gold, the euro, bitcoin, as well as slide of hand money magick for payment of debt.
Gold has been used as money for thousands of years. Gold is a great way to hedge your wealth against "inflation". Gold and silver do not lose purchasing power over time because they cannot be printed.
We have been told that inflation is a rise in the price of goods and services over time. That is not exactly the whole story. The dollar is being printed into oblivion. This oversupply of paper money and bank credits dilutes the purchasing power of the dollar and transfers wealth away from the middle class and into the hands of major corporations.
An ounce of gold today will buy you about the same amount of food as it would buy a century ago because the purchasing power of gold does not depreciate over time. The dollar has lost roughly 95% of its purchasing power over the last century and counting. This depreciation of the purchasing power of fiat currency accounts for the increase in prices for goods and services over time.
It's not that goods and services cost more, it's that the value of the currency is worth less and less as time goes on. Wealth that you have stored in paper dollars or digital bank credits is losing value as we speak. Even if you have your wealth stored in a regular saving account, that 2% or 3% return isn't going to come close to keeping up with the rate of inflation.
Hedge your wealth and protect your prosperity from costly inflation.
Part 2 - Decentralized Digital Crypto Currency
Gold and silver are great for long term storage of your wealth, but a new and exciting form of currency is called Bitcoin. Bitcoin is a digital crypto-currency. Any person in any country can use Bitcoin because it is open source and a decentralized form of currency.
Overstock.com now accepts Bitcoins and more business around the world are accepting bitcoins each day. It's free, why not? Plus, if your business accepts bitcoins then you open yourself up to the whole Bitcoin market! Cha-Ching.
