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Wednesday, January 29, 2014

The Fiat Currency has the Potential to Collapse in 2014

January 29, 2014

Been a very busy day today, watching and listening to so many factors that all have a very similar result, the fiat currency is about to collapse. Banks now want to charge a service fee for you handing them money as a deposit. Forget to imagine that, it's coming to your local bank sometime this year.

Who do we trust, with our money, certainly not our banking system? Banks have the ability to use a system most of us never figure out, called an algorithm system in which they increase your service charges by a little, each month. If you never complain they increase it again, just check your service banking fee's.

We once believed in our government, we voted them in, and now they have created a system that is punishing our future financial investments for our retirement, which we all have worked so hard for. Will we ever be able to receive our monthly RIF each month, to enjoy what we have earned, and worked for.

The greed factor has kicked in a long time ago, but it has made many very wealthy, except for the hard working stiffs, who believed in the system. Big name banks have displayed their greed. Take for example HSBC who were fined in the area of 1.9 billion dollars for supporting Mexican drug cartel money as in laundering their profits. They are still in business, bet you they made more then they had to pay as a penalty. Slap on the wrist.

Major banks the world over are changing their operations to ensure that are not laundering money. This is causing the banking system to grow more inefficient and costly. This has made bitcoin a better solution than the banking system for sending funds to some of the poorer regions of the world.

You can read more on this crises and understand what is really going on, what you hear or read is not always what is really happening. But there are a lot of experts talking about a global fiat collapse. 

Read More, On an article written by Jeff Berwick. 

All the Best,

Joseph F. Botelho One Gram at a Time

Joseph Botelho

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