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Hyperinflation is an all consuming event that strips away virtually every thread of society. During such events food prices skyrocket. The chances of you having enough money to buy food for your family will be slim. Physical gold and silver act as hard currency to protect assets and purchasing power. Everyone can own them without prior investment knowledge. Holding these assets during times of an economic crisis allows you real money for making transactions, as they’ll be but a few, of the last things of true value left standing. After WWI the German economy was left eroding as it suffered from massive debt, created by high war costs to fight the war. As the years after WWI continued, Germany's economy steadily got worse. The rapid rise in food costs were among the first things citizens of Weimar experienced. In November 1923 hyperinflation peaked, food costs went absolutely out of control. During its peak, food prices skyrocketed, with a loaf of bread costing 3 trillion marks, a single glass of beer 4 trillion marks and a pound of meat 36 trillion marks. Their money was useless. Weimar's hyperinflation was directly attributed to the German central bank over inflating its money supply. They printed greater and greater amounts of money, in desperate attempts to absorb the massive debt they created. Sadly the United States and other countries today are falling into the same trap, abusing their central bank printing presses and over inflating their own money supplies. This just creates more and more inflation upon society. As excessive money supplies grow, inflation increases along with prices for food and other basic staples. With western central bank and government in abilities to properly correct serious debt problems of the west, were finding ourselves on a path towards hyperinflation. An economic event, that could become worse than what took place in 1923 Weimar Germany. If you don't want to end up living in poverty when a major economic event strikes, you must purchase physical gold and silver. These precious metals are real money. They are capable of storing their true value regardless of any economic situation and they carry zero counter party risks. Gold and silver are not an investment, their investment tools capable of hedging inflation or deflation and they cannot be counterfeited as fiat currencies can. As governments continue debasing their currencies with excessive money printing, inflation is going to increase. We know this, for several years we have seen massive money printing going on in the United States, the EU, England, Japan and other Asian economies. Fiat money from all nations is tied together through the US dollar. All of them losing value and purchasing power. We are now past the point of no-return for any real recovery. Inflation will continue driving up food costs, because feed and fuel costs for farmers continue to increase. These additional costs will be forced upon consumers. The west is not the only economy that has been affected by rising food costs. The Asia-Pacific region has also been under serious hardship. Southeast Asia's major farm producing economies of Indonesia, Malaysia, Philippines, Thailand and Vietnam have dropped from 38.6 percent in 1970 down to 14.5 in 2007. China went from 35 percent in 1970 to 11 percent in 2007. Quality farm land in these nations has given way to new construction for homes and factories to meet the needs of an ever-growing populations and industries. Other factors for loss of food production are increased demand for bio fuel crops within these regions. The powerful banking cartels globally control all mainstream media. The same media that always gives false reports on real annual food costs and rising food prices to consumers. Furthermore this media never mentions who is really creating the problems. In fact, central bank policies are really the driving mechanism behind the destruction of fiat currencies and their purchasing power globally. In the East, Chinese and Indian investors are already aware gold and silver are a means of protection from the rising costs of food and other basic resources that are coming about from the global economic crisis. Their citizens in mass, are buying up precious metals on every price dip that occurs. In the West most citizens are still blind to this fact and ignore gold and silver purchases all together. It is important to understand that if you're not already converting your fiat currency into physical precious metals; you will not have your financial security protected in the future. Those that have will survive, while seeing the rest of the world go down the great abyss. Be prepared; don't let your assets become worthless. Invest today in physical precious metals, assuring your families survival for tomorrow and beyond. Tom Genot - About The Author: Informational news, books, articles and videos on investing in gold and silver and where the best places are to buy it. You will also find informational resources to educate you on alternate forms of investing and information on preparedness, for preparing and protecting you, your family and your assets from the pending economic crises and destruction of the US dollar. Author Tom Genot provides information and resources helpful to everyone. Insure you're prepared, while time is still on your side. Check us out at www.coinbullion.net.
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hyperinflation, rising food costs, food costs, food prices, physical gold, silver, precious metals, central bank, excessive money, fiat currency, money printing,
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