Tuesday, May 24, 2011

End Of A Currency, End Of An Empire

Dont-tread-on.me
By Silver Shield
May 23rd, 2011

Here is a chart showing the Roman Empire’s decline in honest money and it’s global power.

As the Empire needed more money to fund its expansion and maintenance, raising taxes was not always possible.

Since they did not have paper money or iPad apps to expand the money supply at will, the Romans debased the silver content of their coins.

They would clip the coins, make the coins smaller, mix copper in them and eventually only using a thin coat of silver to give it the semblance of money.

Many will say that this happened over many centuries and that we should party on. I would contend that this has been going on for many decades and that we do not have much time left on the clock.

First, even at the end of their power their money still had intrinsic value sure it was copper, but it had real value. How much real value does those electronic digits in you account represent? Or those dirty green notes in your wallet? Since there is no physical anchor to the money, the decline will be even more rapid.

This will be exaggerated by the fact that we are so interconnected and that there are rising powers that would benefit tremendously off of the collapse of the dollar.

Secondly, the depreciation of the dollar has been going on for almost a century already. Since the Privately and Foreign Owned Federal Reserve crawled out of Jekyll Island, we have lost 98% of its purchasing power.

Just to burn this in your brain think about this, if you saved a $100 Federal Reserve Note or 5 $20 gold pieces from 1913 you would have dramatically different out comes. That $100 FRN now has the equivalent purchasing of $2 back then. You could only buy 1/15 of an ounce of one of those 5 gold coins now.

If you had those same 5 $20 gold pieces they would be worth 5x $1,500= $7,500.

This chart does not take into account the most recent money printing of the Fed with QE1 or 2. And if we are going to pay the $140 trillion dollars in unfunded liabilities, we are probably going to need a dramatically new chart.

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Sheeple



The Black Sheep tries to warn its friends with the truth it has seen, unfortunately herd mentality kicks in for the Sheeple, and they run in fear from the black sheep and keep to the safety of their flock.

Having tried to no avail to awaken his peers, the Black Sheep have no other choice but to unite with each other and escape the impending doom.

What color Sheep are you?

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