Because Joe Biden’s Stupidity Might Trigger a World War, You Should Consider Visiting Mises.org to learn about Gold Because the U.S dollar might COLLAPSE – August 16, 2021,

First and foremost I’m hoping for the best, the last thing anyone wants is war, but I’ve been writing about it for months and I’ll write it again, Joe Biden is unfit to be the President of The United States, and being that Joe Biden is responsible for the hiring of his administration, I have to assume that Joe Bidens entire administration may in fact be the least qualified administration in U.S history.

Joe Biden did a lot of hiring that wasn’t based on qualifications, most of the people Joe Biden hired were on the basis of those individuals sharing the virtues of Joe Biden. The fish rots from the head down and the root cause of a buffoon like Joe Biden becoming the president of the United States has its roots in the U.S dollar.

The U.S dollar is not weaponized but its value is based on currency, which would explain why Americans would take a chance on Joe Biden because the assumption by many Americans is that they have a LIMITLESS money supply and therefore any monkey can run the country because with limitless money, deficits don’t matter.

Well, confidence is good until it’s lost and when confidence is lost, historically all people and most countries will return to a Gold and Silver standard. Now, returning to a Gold and Silver standard is a change of thinking because under a Gold and Silver standard deficits do matter, how debt should be used matters, how to value an asset matters, debt deferrals are almost instantly abolished, welfare programs are often brought back to the charities and the private sector as they should be, the regulatory environment changes as not only productivity but MANUFACTURING becomes very important to a country’s economic stability.

If the U.S dollar loses its standing, the U.S government will be forced into bankruptcy, and if the U.S Federal Reserve raises interest rates, lending will change in the private sector and Government debt will skyrocket. Furthermore, because the average person doesn’t understand markets, when things go wrong, most people will assume that Government can remain as large as it is now, so as an example do not expect the public sector to shrink in the immediate term, shrinking the public sector will have to be sold to the American public which again puts the entire financial system at risk.

Now during these periods of currency craziness, Gold and Silver will eventually create their own markets and discover prices on their own terms, but because the Government is so large and therefore consuming of money, people with Gold and Silver will be reluctant to spend it, this deflationary cycle will be extremely hard to navigate through unless you have an educational source like Mises.org. Do not wait, sign up for the Mises Institute now.

Interesting times ahead!