Your pay was cut in the last 60 days – worldwide ponzi collapse accelerates


In our first installment of “how worthless is your cash” we learned if you are paid in fiat paper, from November 2009 until the date of the article (March 28 2011), EVERYBODY got a secret pay cut. The winners being the Australians whose purchasing power was cut by only 24%.

In todays addition we’ll look at the last 60 days. The worldwide ponzi collapse is accelerating and to see how fast all you need to watch is how quickly EVERYONE is devaluing their currency. Look at the graph below and notice the freefall after July 1 2011.

Australia

Autralian dollar drop

Notice the last 60 days - Nice pay cut

The Australians had devalued their currency less than everyone else when we last checked, ready to see the rest?

Britain

British pound drop

Notice the last 60 days - Nice pay cut

Canada

Canadian dollar drop

Notice the last 60 days - Nice pay cut

Europe

Euro's drop

Notice the last 60 days - Nice pay cut

Japan

Yen's drop

Notice the last 60 days - Nice pay cut

New Zealand

Kiwi's drop

Notice the last 60 days - Nice pay cut

Switzerland

Franc's drop

Notice the last 60 days - Nice pay cut

United States
Dollar's drop

Cash is trash and the process is accelerating. The longer you hold it the more worthless it becomes! Time is NOT your friend! Protect your purchasing power NOW. Buy silver (and gold). Remember every time you hear gold went up, it is really your cash going down.

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One Response to Your pay was cut in the last 60 days – worldwide ponzi collapse accelerates

  1. Pingback: Goud (fysiek): de bearmarket voorbij - Page 5836 - GoudForum

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