Precious metals expert and financial writer David Morgan says the entire world is printing huge amounts of money, and nobody ever plans on paying any of it back. It’s all going into the so-called “Everything Bubble” that gets stretched a little more each and every day. With another $1.9 trillion Corona stimulus package that just passed in the Senate, we are getting closer to finding out how much funny money a country can print out of thin air before it all blows up. Morgan says, “It’s all about the currency reset or currency crisis that I have been writing and talking about for so long. So, if you don’t trust the currency du jour, the U.S. dollar which is the reserve currency of the world, you are going to look for some place to go that you trust more than that. I think this is what the Bitcoin phenomenon is all about. Rich people don’t need another country home of a third yacht. So, they are going to put money in something they trust more than the U.S. Dollar. . . . I think it‘s an indicator that there is money, big money, that is scared to death about what’s going to happen with the dollar in the future, and they are seeking a place to park it. There is greed too, but the primary thing they are looking for is something that is outside the system at large.”
Everything Bubble is Reaching a Limit – David Morgan
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