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James Turk believes the time we
live in now will be studied by future historians for generations to
come. Just as we today marvel at the collective madness that resulted in
the South Sea and Dutch tulip manias, our age will be known as the era
when society lost sight of what money really is.And as result, the wrong kinds
of wealth — today, that’s mostly financial assets — are valued and
pursued. And just like those bubbles from centuries ago, when the
current asset boom goes bust, the value of paper wealth will vaporize.In contrast, those holding tangible productive assets or real money will fare much better on a relative basis.James and co-author John Rubino (of DollarCollapse.com)
have recently published a new book covering the details of this
prediction called The Money Bubble: What To Do Before It Pops. Within
it, they delve into the reasons for why the world is destined for what
Ludwig von Mises termed a “crack up boom”:
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