Terry Sacka AAMS: RIGGED [against you]
The Effect of Printing Trillions On Your Savings
Are people losing confidence in the Central Bank? Global economist Terry Sacka AAMS breaks down the impact of printing trillions is now having on your savings and future standard of living.
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Welcome to RIGGED [against you], the podcast that helps you RIG the wealth game back in your favor. I’m Terry Sacka AAMS of Cornerstone Asset Metals.
This is RIGGED. I’m Terry Sacka.
I’m Terry Sacka. So you see these days, the central banks have certainly lost a lot of the public’s confidence because they’re just printing, printing and printing. If they’re going to continue to print currency, these trillions and trillions, they’re offering stimulus here, stimulus there, and there thinking it’s exciting. The population folks, it’s making people who would seek a job, sit around on the couch and play video games. They’re struggling around this country and service industry.
It wasn’t for the service industry right now in car dealerships, we wouldn’t even have an employment number. Automobile dealerships are going through the roof too, because they, you know, were having a chip shortage because of Taiwan and issues there. But that could last a couple of years. So you want to talk about a boom in used cars, but nobody wants to go to work anymore because they’re printing all this currency and saying, Hey, here’s payments for you. Here’s unemployment money. You can just sit around. We’re ready to go. There’s States here, ready to go…
But one thing you have to keep in mind as they continue to print this currency into the stratosphere, there is a massive, massive consequence to your savings and the future of your wealth and your family stability. You really have to grab those. They keep saying this inflation is transitory. Meaning it’s only going to be for a little while. And then they say, Oh yeah. Now we’re going to have hyperinflation. And it’s transitory. And it’s only for a little while. That’s not true.
They’re blowing Out our currency, our us dollar System.
One Way I would take a look at this folks it’s known as the Gresham’s law. This is how I would wrap it up for today and how I would wrap it up in my life. If I were you see Gretchen’s Gresham’s law tells us that bad money drives out good. And you have to remember at least prior to 1965, do a quarters and dimes used to contain 90% silver. The treasury did away with those because silver has become too valuable. So for as, you know, get ready now knocking on the door. If you try to buy it, it’s 33 $32 and it’s continuing to ride. We’ll see $50 probably by the end of the year. And that’s just the beginning. The treasury did away with those because silver has become valuable. And so naturally those coins disappeared from circulation. As people hoarded them, keeping them for the silver content. Now, this is exactly what happened in the Roman empire. When they were taken in gold and silver and melting them down and adding copper, eventually people caught out of that and they didn’t turn in the real golden silver coins for the copper coins. They kept
Them meaning right Now, for many of you who are saving currency dollar bills in your mattress, they really should be converted to silver coins
Because
The dollar bills are going to continue to lose value. Better understand that real value is tangible assets. We’re entering a massive super commodity cycle, not accounting, just lumber, agriculture, copper, everything doubling tripling, quadrupling in cost lumber alone is adding $35,000 to the price of a home.
So
You see right now we don’t have
Silver in our currency today. Like it used to be that doesn’t mean
People aren’t aware of the dollars are being debased really need to look at record high real estate prices, right? Stock market is cryptocurrencies to see that people are anxious to trade the dollar for assets. They have value that they feel the can protect them from the inflation.
So
Where they want to take this modern monetary theory. The concept of, Hey, we could just print print, print. There’s no big deal. We can control this. That’s like mad science. That’s like that. NY guy talking about how non-vaccine others are ones spreading the variants. And they’re the danger.
I mean, that’s insanity. You don’t even,
And know what they’re talking about. Number one, it’s not a vaccine. It’s a treatment that says leave it at that. But they don’t even know what they’re talking about. That guy is a propaganda is Cami propagandists. If I’ve ever seen one science guy, bill Nye, okay, dude,
This whole concept
Of printing money is destroying our value, our savings and our future is why gold and silver is so important right now and why you’re going to see the prices continue to rise. And more importantly, why the supply is getting difficult. They are pushing for the central bank digital
Currency because
Once they get a central bank, digital currency folks, they can then print all the trillions they want.
Now the only in
A kind of work. So don’t get me wrong. I get it. If everybody’s printing and spending money, it goes into a hyper bowl and then they just try to control inflation. But if they go central bank digital currency, they’re going to have the ability to tell you when to spend your money and when not to spend your money. And here’s the worst part. Once they go digital currency, China’s already put this in place and we’re going to as well. Who’s kidding who we’re about two to three years away, folks, this isn’t far, they will have an expiration date to the currency. How about that one no longer. Can you go? And most somebody’s lawn and earn, you know, it would be to earn $5, but lets say you’d go and mow someone’s lawn and earn $20. You can’t just stick that in a piggy bank anymore.
They’re going to have
An expiration date to it. Meaning if you don’t spend it, they will expire it. How insane is that? That’s what’s driving people to tangible assets. That’s why house values are rising. That’s why golden, silver and other tangible assets are becoming important. They will work. This great reset concept is to, is to emphasize the modern monetary theory, basically AKA printing currencies into the stratosphere because they can control everything. But the worst thing is they will destroy everything. We work for decades of savings. If we don’t have ourselves properly invested. So a lot of people are curious why, you know, the trillions and trillions are being printed and what’s the impact to that? Well, I just explained it folks. We don’t have the trillions and trillions. They propose. And then they say, well, let’s just raise some taxes. Why raise taxes at all? Heck why even have taxes? If you can print currencies into the stratosphere, why raise taxes? Why raise money
At all? Because you just print it, right? It’s like
An illusion. They’re, they’re delusional in their own illusion. They’re going to keep printing currencies. So why, when they say, well, we’ll raise the taxes, we’ll take all of your capital gains. America will destroy the ability when you sell a home to take that profit and put it in another home. Now you’ve got to pay taxes
On it. I mean, what a nightmare
Idea. This administration is a nightmare for finances. And then you want to raise taxes on capital gains. So when you actually make a profit, they want half your money. For what reason? To raise a trillion dollars over 10 years, what is that matter? They’re spending trillions upon trillions in stimulus. Most of it non-productive stimulus. Mind you meaning it’s not producing economic engine work.
And uh, it’s basically keeping people out of the workforce, just print and destroy our savings. That’s what they’re doing. That’s not helpful. This isn’t good. This is really bad, bad.
The day when we, when we would do that with a hundred billion dollars, it was considered, Oh my gosh, the big O M G
And here today, we’re talking trillions upon trillions
That we don’t have. So why raise taxes
Is because they need to steal our wealth that way.
So what ushers in this whole world, great reset concept. Because if they can do it, they can take all of our wealth away through inflation debasement then most of us have nothing besides maybe some assets we have in the can tax that away from us eventually. And then they control 100% of our living. They control our food, they control our intake. Our that’s what the great resets about 100% control. We can tell you when you can go somewhere where you can go, the digital central bank, digital currency can dictate to you what you can buy when you can buy it. And if you become one of those political non-compliance, they can actually set a GPS parameter of 50 miles from your house. And if you go outside of it, your currency won’t work and people think this is crazy talk it’s happening right now. It’s happening in China.
And they’re formulating these things now. So when they’re talking in Congress about trillions upon trillions and trillions of this and that, and stimulus this bail out, the banks folks, all it’s doing is destroying our future, destroying our savings and destroying our inheritance to our children’s children. Until one day we wake up and we find out we’re nothing but nothing but slaves. As in Egypt, I had a great pastor once tell me they’re going to take us back to Egypt. And I think that’s exactly what they’re doing. So until next week, God bless each. And every one of you stay focused on this inflation. It is not transitory. It is real and get your assets protected. I’d give cornerstone a call.
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