What does the Crash in Oil Prices mean? Potentially AUSTERITY MEASURES and a Pension Crisis! – April 20, 2020,

Umm so yeah, PRODUCTIVITY, PRODUCTIVITY, PRODUCTIVITY, I live in Toronto Canada, the Prime Minister of my country has been growing the size of government, increasing taxes, adding more regulations, creating carbon taxes and the central bank in my country has lowered the value of its fiat CURRENCY.

I personally don’t care too much what currency is backed by, what matters most to me is the integrity of such currency, like commodities such as Gold and Silver, is my countries currency allowed to deflate? Because if it’s not allowed to deflate, it’s not a real currency it can’t even pretend to money, because when real things happen in the real economy, my currency is not a reflection of that. I prefer to look at currencies the way I look at coupons, well I should add coupons with an expiry date.

All over the world, people aren’t being as PRODUCTIVE as all these oil contracts predicted. What happened with Oil isn’t that big of a deal, what should be making you laugh is how dumb all of these governments and central banks are. They’re completely out of touch with reality, you can’t print money during a deflationary cycle and think you’re not going to decouple yourself from the PETRO-DOLLAR standard.

I like Trump, but he’s having to play politics to get re-elected in my opinion has a lot of people fooled as to what’s happening. Again I’ll say this again, I personally believe during Trump’s second term in office, there will be a renegotiation of debt, not only in America but all over the world. Debt renegotiation or getting pennies on the dollars in order to recoup losses will result in higher interest rates, people or entities with bad credit have to pay a higher interest rate simple economics. That’s what I THINK will happen, however, the reality might be different.

Is a Gold Rally coming? Yes and No!

Umm, here’s the thing with Gold and Silver they’re mostly for hoarders, yes both gold and silver are used industrially, but not as much as people imagine and industry will take the recycled stuff.

But, I do see a surge in Gold and Silver prices during a recovery stage, that I personally believe most Gold bugs will interpret as an end to the U.S dollar. My belief regarding the end to U.S dollar as the gold standard of currencies I believe will happen when or if China or the Chinese people shed themselves of the Chinese Communist Party.

As long as China is a free country and its government doesn’t resemble Nazi Germany, and also if people can actually buy property in China, well, all of sudden America, the American dollar no longer looks as attractive as it once was.

Regarding a Gold standard or a Gold rally, I have mentioned austerity measures for that exact reason. No government on this planet could function under a Gold Standard. You’d be an idiot to think that any country on this planet in 2020 could including dictator run countries, could handle a Gold Standard, do you know how many people have guns on this planet? Have you gone bonkers, do you know how quickly entire governments would be challenged if they had to adhere to Austerian economics?

I’m but a simple person in pursuit of profits, As it stands today I too can hoard Gold and Silver and actually appreciate the fact that global governments at least on the surface appear to be disinterested in allowing people to work for Gold and Silver. Because trust me when I say, if you’re having your Gold and Silver taxed by the government, does that not sound like a revolution to you?

No, if you’re smart to do what everybody else is doing save your emergency gold and silver and let the government play their little currency coupon game. Again if currencies are actually deflating what’s actually happened is the price of Gold and silver has already appreciated and is appreciating.

What an ugly economy right? Yup, that’s been my point for years now. Cashflow, once the cash flow doesn’t make any sense, printing money gets exposed. That’s all that’s happened, the good news is a fool and his money are soon parted, so as the new era of asset accumulation is presented to pursuers of profits, it will be a good time for you too to visualize currencies as COUPONS! hot potato hot potato! who knows how to spend money better?

Oh, I get it, you thought that a petro-dollar meant you were supposed to hoard the dollars? No silly, it’s plastic money, depreciated money, monopoly money and guess what the worst part of plastic money is? Pensions and Austerity measures, you see, when the dollar was taken off the Gold Standard, it was done because America, as well as many other countries in the world, couldn’t pay their bills.

The new deal never worked, it will never work we live in a market economy, but you see government workers, people dependent on the government never got the memo ‘ slavery ended’ people dependent on the government or dependent on the king or Queen to survive economically don’t comprehend that the King and Queen are over-leveraged and have officially backed themselves into a corner.

Austerity measures, when governments cash flow in a currency it created is upside down and the only way to correct the problem is to cut the size of government! The only way to save pensions is deflation, as crazy as it sounds, most people forget how expensive government is.

I have this theory that if employees actually had to pay the government income taxes at a predetermined period instead of the government taking money out of their paychecks before they spent can spend it, that’s when I think most people who work for a living would comprehend how bad politicians and government people are with money.

If I were a politician my first day in office I’d make it illegal for the government to take income taxes out of pay checks. I’d make employees pay their taxes when taxes were due, just so they could feel it every year! When you’re self-employed and have to pay the boss for allowing you the privilege to work on his land, this is what often creates Conservative voters.

Money regardless of what it’s backed by now all of sudden has a feeling attached to it, if you’re wondering why Conservatives are often more charitable than Liberals, it’s because we’re familiar with the feeling of donations!
There’s a great awakening happening all over the planet and I write these posts to get people thinking! Money whatever it’s backed by, is nothing more than a convenient form of bartering!

Interesting times ahead!