Loading ...Food for thought here. What if the system slides into a mass deflation, as my newsletter suggests is possible. Lets not forget about the thousanaires and millionaires.
I know plenty of people around me that have saved up all their lives and have anywhere from $700,000 to $3 Million saved up, unspent money. Banks CDs Bonds etc. The way they pay you interest to cover loss of value of the money, for inflation.
WHAT IF, with a 50% drop in prices across the board, TPTB would probably take 50% out of all accounts to balance it out.
A net REVERSE SPLIT on US Dollars. You turn in or have $100,000 old dollars and get $50,000 worth of new dollars. TPTB are already taking accounts balances from some people that are stagnant, no activity, too long.
The 50% they take would be spread around to the less fortunate, young entry level so they could spend money on taxes and consumer products to support all the governments, Japan and China etc, and support big global retail stores.
If TPTB could talk, they would say…..Look if you haven’t spent all that money, and you probably aren’t going to spend your money, so we will do it FOR you. For our own good of course, not the little guy.
Note: The low wages of the USA masses are dragging down the whole global system. That’s why they have been SCRAMBLING.