What Will You Do When the Dollar Hyperinflates Into Oblivion? Collin Plume and Dave Hodges
by Dave Hodges
TheCommonSenseShow.com
Wednesday, May 20, 2020
What Will You Do When the Dollar Hyperinflates Into Oblivion? Collin Plume and Dave Hodges
The FDIC has 1.2% of the money on hand they need to cover all deposits! In 2014, the G-20 determined the order of payouts based on bank failures and they determined that the credit swap derivatives group was first and unsecured creditors (that would be you) are last. In 2012, the Federal courts determined that when you deposit your money in the bank, it belongs to the bank.
Read the preceeding paragraph again and please tell me that you think you are getting your money back when the banks fail! If you think you are getting your money back when the dollar fails, please think again!!!
Will the dollar fail? At the beginning of COVID-19, we had a $22 trillion debt. We have added $10 trillion to the debt in a depressed economy with 33% unemployment and the coming mortgage failures leaving the banks high and dry! What do you think. The following interview, presents you with options!!!
Part of this discussion touches on “the payback” of all the current govt stimulus, to which I respond, “Hey guys the money is not gonna be paid back….. EVER”…. So yes that situation has really nasty consequences.