First published at 22:27 UTC on April 24th, 2024.
It looks like we are now in Stage Seven of “the Seven Stages of Empire” as outlined by Mike Maloney in Episode 2 of his series entitled, “the Hidden Secrets of Money” on the YouTube Channel “Gold Silver”.
Stage Seven is defined as being a mass move…
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It looks like we are now in Stage Seven of “the Seven Stages of Empire” as outlined by Mike Maloney in Episode 2 of his series entitled, “the Hidden Secrets of Money” on the YouTube Channel “Gold Silver”.
Stage Seven is defined as being a mass movement out of currency into precious metals and other tangible assets as the currency collapses. Gold and Silver rise in price as they account for the huge quantity of currency created.
This process transfers wealth to those who had the foresight to position themselves beforehand in real money, which is Gold and Silver.
For those of you who are interested, I’ve done an article on my Substack Channel “the Alt Economist” about the differences between Money and Currency. And no … it’s not just a matter of Semantics as Jo Brown from the YouTube Channel “Heresy Financial” has said.… nor is it just me being pedantic. There is a very real difference between Money and Currency and a very important one at that.
Anyway, that aside, I would highly recommend you watching the whole series - all nine episodes by Mike Maloney.
Wise up and rise up
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