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Eye opener for February 13, 2024

I understand how people can ignore Bitcoin or even view it as a Ponzi scheme. With all of the Fear, Uncertainty and Disinformation (FUD) spread by all of the financial news programs and supposed financial gurus, it is no wonder that people are confused about Bitcoin and reluctant to even educate themselves about this investment.

What confuses me however is how people have faith in any other investments (outside of precious metals). With a modicum of research, the average investor can easily discover that outside of precious metals, no other investment holds any promise of the gains necessary in a world where all fiat currencies are being devalued by central banks that are printing their citizens into poverty. This artificially created but completely avoidable poverty leads to the next type of invest that many can but shouldn't make today. In the past people could confidently invest government bonds. It was afterall an investment insured by the government. The only way it could go wrong is if the Government mishandled it's investments and scandered away the trust that other governments had in it economic viability. I don't know about other countries but America has definitely lost the trust of other nations, leading to the formation of economic blocks like B.R.I.C.S. because you can't use your fiat currency (nothing backing its value) as a weapon and not expect any type of retaliation. Next, there's real estate, which seems to bug a bubble no matter where you look these days. There is no way that the prices of homes can continue to go up when the wages of those who want to buy a home don't. This is especially so when property taxes and insurance are doubling, tripling or increasing by even more from one year to another. Here is just one of MANY stories about the poor state in which the real estate market is currently in.

Then, there are stocks, which in the past may have been a vehicle for increased wealth, but is no longer so for the average person. When too many corporations or companies can NOT accurately be valued, the risks associated with investing in them can NOT be accurately assessed. And as is the case with so many publically traded companies today, the value of their stock has skyrocketed while their production has stalled. How can a company be worth more every year when they produce the same amount this year as they did in years past?... The answer is... They can't, so how can you be certain of the value of any stock you buy?

If anyone knows of an investment other than precious metals that is a good buy, I would love to hear about them, otherwise do your own research and figure out how you are going to maintain your wealth in an ever-inflating economy.

In 2018, I wrote a book highlighting the problems Humanity would face if more power, wealth, and control was funneled to a small group of elite individuals, groups, or organizations. In my book, I provided solutions (from myself and others) to the inevitable problems and also a means for the Public to analyze, compare, and contrast the words and deeds of those we choose to follow against reality. In my book Solutions: Enough complaining. Let's fix America.

In "Solutions...", I provide the means for readers to disseminate information as provided by their news sources of choice, their elected officials, and any other authority they choose to follow. The book also offers a means to hold their leaders up, not just to a higher standard than is currently accepted but to one that would improve their lives and the lives of those for whom they care.

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