Election Day is Here!

In the next few days, we will know if we are headed to hyperinflation or a reasonable economic recovery. If the former get ready because it will get ugly fast.

For those not familiar, hyperinflation is the term given to a nation’s currency that is rapidly dropping in value, causing the cost of everything to skyrocket overnight. It can absolutely devastate a country’s population as suddenly the money people spent their lives trying to earn is now considered worthless. Here are some of the most notorious examples.

From 1945 to 1946, Hungary’s inflation was so bad that the value of its currency was halving every 15 hours on average. It’s considered the worst case of hyperinflation in history, caused by the need to pay post-war reparations and payments to the occupying Soviet army. (Who pays the post-war reparations for Ukraine? Guess who!)

Hyperinflation began across Venezuela in the mid-2010s and went on for several years, reaching 1,698,488% in 2018. It got so bad that, as of 2018, the government decided to stop reporting official inflation numbers as many stores even stopped listing prices of products due to how quickly the cost of everything was changing. (this is closest to present conditions in US, with new green energy focus replacing Oil, it's folly)

Following the value of money in circulation after the First World War, the German Reichsbank began printing unlimited amounts of notes, causing rapid hyperinflation that shocked many other nations. By 1923, 100,000,000,000,000-mark notes were being printed and soon a one trillion to one exchange was issued in an attempt to re-stabilize the economy. (Remember that Paul Krugman's concept is that the US can replace its $35T+ debt by issuing a single coin for the debt, this from an award-winning economist. Tell's you just what economists are worth).

Reality is painful especially when a government continues to promote fairy tales. The continued process of Fed printing currency to lend to Government will continually devalue the US dollar. Now, the reason the US can get away with this for so long is the reserve currency status. As long as other nations use the US dollar as the exchange currency the dollar has some stability. But now China has entered the game, and their currency war has started to shift in their favor. Adding to that is the fact that China now controls the most gold in the world. What happens when China floods the market with useless US debt paper and then pegs their currency to a hard asset? How does America stop the bleeding of the fiat US dollar?

As a middle-class earner you need to use the same strategies that the wealthy have for many decades. And that is a strategy of betting on yourself. The wealthy have created businesses. Those businesses create tax advantaged income, capital appreciation and very rich exist strategies. The wealthy have also used a unique asset class that has been very misunderstood by the middle class for those overarching decades. That misunderstanding has come from a direct intention to keep the information from you. This little-known strategy using a unique asset class that creates tax free liquidity, tax free income and generational wealth has always been available to the middle class. It has simply been hidden. This asset class can also create tax free liquidity for chronic, critical and terminal illness which would greatly reduce the costs of health insurance. (This is a financial industry that has survived all US wars since and including the Civil War, WWI, WWII, all 4 US depressions and 13 recessions, 911, Black Monday and of course Covid. (It could be the saving grace to any hyperinflation as well).

It's time to learn about this strategy, the window is open for now, but the government will intrude rapidly when the strategy becomes transparent. Wall Street and their government friends will have no choice but to close the window. So, let's talk now! And remember it makes little difference which party wins the election, on one hand the window will be closing, on the other hand the window will stay open for a reasonable period of time. The best consideration for you is to bet on yourself NOW!

www.middleclassmillionaireplan.com