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Only Bitcoin and Gold Can Stop Governments from Destroying the Currency

From dlacalle.com

Allow me to remind you of a few uncomfortable truths. Government spending is out of control in developed nations. Furthermore, no interventionist government wants to cut spending or balance the budget. Government spending empowers politicians, and reducing it means losing the grip on the economy. Interventionist governments aren’t concerned about debts, deficits, or inflation. Inflation is a deliberate policy, and interventionist governments seek to nationalise the economy while imposing total control over productive sectors by issuing continuously devalued currencies. Government spending is printing money. ... (full story)

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  • Category: Fundamental Analysis