America Distracted by Cheap Money as World War 3 Looms

Bernanke believes that current Fed policy is gradually improving the overall economy. He thinks that by year’s end, the Fed will be able to taper its current QE program. However, since the Fed is one of the main reasons we got into an economic crisis in the first place, we seriously doubt that the central bank can get us out of it.
Bernanke says the tapering of quantitative easing “all depends on the data.”
If the data is the ultimate determining factor for choosing to cut QE, then I believe we will be getting an increase on QE.
This economy is sick. It is a paper economy. Everything in this paper-based economy is based upon faith… that is, the full faith and credit of the federal government. We put faith in the idea that the government and the Fed will keep the value of the dollar high by keeping it in short supply.
But what is a dollar really worth? Does it have any intrinsic value? I am holding a piece of silver in my hand and it feels so good. Silver is real money and has been used as money for ages. In fact, silver is the same word as Money in the Hebrew language!

Hebrew: “Kesef” (It means “money” and also “silver”)

Anyway, back to this withering economy.
This economy has been sustained purely on life support as the Fed pumps $1 trillion per year into the government coffers.
Our deadbeat government is living like a welfare queen.
America is spread out all across the world. The cost of the empire is crushing. Its much like the ancient Roman Empire. The Caesars were snakes that maintained lifestyles of luxury as the masses were crushed under the weight of heavy taxation and rampant inflation. Ancient Rome built a vast empire spanning from Spain to the Sinai. But as they grew larger, they became increasingly vulnerable. Soon their enormous size became their Achilles heel. One way to destroy your enemy in this high-stakes geopolitical chess game is to spur them on to spend themselves into oblivion on absolutely fruitless endeavors.
Have our enemies succeeded in an effort to get the U.S. to overspend on fruitless endeavors?
Your money is debt. It’s a hard truth. It was a hard truth for the ancient Romans as they watched their cities burn. They had built wonderful lives of seeming stability. As Roman citizens, they were on top of the world. The world feared Rome because it was a fierce enemy. No army could defeat the full force and fury of the ancient Roman army. Unlike many of the armies in ancient times, the Roman legions were composed of professional soldiers. And they were paid. And while they were often outnumbered, they managed to maintain an empire in a time of great regional turmoil for centuries.
Sadly, America, like Rome, has also overextended itself. It is too spread out across the globe. As America has been busy attempting to solve the world’s problems, its own internal problems have erupted like a volcano.
Do you remember the market crash of 2007-08?
Those were dark days. And quite frankly, scary days. And I was one of the few voices issuing a major warning prior to the crash. We came out with a free seminar called: The Perfect Storm. And that is exactly what 2007-2008 was. It was like a domino effect.
And we are now on the cusp of yet another major economic crash.
The policy put forth by the Federal Reserve is directly responsible for the boom and bust cycle our economy has been experiencing for a century now. Where are we in this cycle? We are experiencing a boom.
And what comes after a boom in this crazy world where the Fed makes the rules?
A Bust.
You better believe the bust is coming. Oh, it will come with a vengeance. The greedy “banksters” who are currently bidding up the financial markets will exit the market in advance of the most dramatic decline we have ever seen.