The near future may see one of the biggest wealth transfers in human history. Which side will you be on?
Sebastopol, CA (PRWEB) October 29, 2013
Chris Martenson, PhD., co-founder of PeakProsperity.com, has issued a new report showing how simple math proves the dollar is in serious danger:
According to Martenson, GDP growth is very unlikely to support the rate of credit expansion that the Federal Reserve wants (or, more accurately, needs). And what will happen if it indeed doesn’t?
"A lot of painful, awful things – but central among them is a currency crisis.
Amidst the ensuing unpleasantness will be an awakening within today’s hyper-financialized markets to the huge imbalance now existing between paper claims and ownership of real things. A massive wealth transfer from those with ‘paper wealth’ (stocks, bonds, dollars) to those owning tangible assets (the productive value of which can’t easily be inflated away) will occur – and quickly, too.
Suggesting the key objective for today’s investor is answering: How do I make sure I’m on the right side of that wealth transfer?"
In this new article, economic researcher Dr Chris Martenson explains, in simple terms, the high stakes of the Fed's monetary policy; as well as what prudent actions concerned individuals can consider.
About Chris Martenson:
Chris Martenson, PhD (Duke), MBA (Cornell) is an economic researcher and futurist specializing in energy and resource depletion, and co-founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the launch of his seminal video seminar: The Crash Course which has also been published in book form (Wiley, March 2011). It's a popular and extremely well-regarded distillation of the interconnected forces in the Economy, Energy and the Environment (the "Three Es" as Chris calls them) that are shaping the future, one that will be defined by increasing challenges to growth as we have known it. In addition to the analysis and commentary he writes for his site PeakProsperity.com, Chris' insights are in high demand by the media as well as academic, civic and private organizations around the world, including institutions such as the UN, the UK House of Commons and US State Legislatures."