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Title: Jim Rickards: Brace for a Great Escape from the Dollar and a Flood of Money into Gold and Bitcoin
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Published: Dec 21, 2020
Author: Stansberry Research
Post Date: 2020-12-29 17:43:08 by BTP Holdings
Keywords: None
Views: 189
Comments: 11

Best-selling author Jim Rickards talks about a great escape from the U.S. dollar in 2021 and a massive influx of money that will flow into gold and bitcoin. "People are getting in gold and bitcoin because they want to get out of the dollar," the Currency Wars author tells our Daniela Cambone as part of the Outlook series. Rickards also talks his new book, The Great New Depression, and how the first quarter of 2021 will be marked with a recession.

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#4. To: BTP Holdings (#0)

The more money you print, the less value it has. Our dollar is one percent or less of its original value going back to 1913. Now your dollars are basically Monopoly money and if you have been paying attention to crypto, I can tell you when the stock market crashes, so will Crypto as the two are inherently linked. I promise you when the next collapse happens, those 2000 dollar stimulus checks will be about what it takes to buy a loaf of bread

TommyTheMadArtist  posted on  2020-12-30   0:08:47 ET  Reply   Untrace   Trace   Private Reply  

#9. To: TommyTheMadArtist (#4)

The more money you print, the less value it has.

In Germany during he Weimar Republic, you needed a wheelbarrow of Deutcsh Marks to buy a loaf of bread.

This inflation was the result of the sanctions imposed on Germany by the Versailles Treaty at the end of WW I. ;)

BTP Holdings  posted on  2020-12-30   7:15:23 ET  Reply   Untrace   Trace   Private Reply  

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