Central banks openly state their goal to be erosion of a currency’s purchasing power. They state this by saying they “have a mandate to reach 2% annual inflation”, for example. In some countries, such as Venezuela, hyperinflation has already begun to take hold as people find their hard-earned currency becoming worth less and less by the day.
If you want to avoid being a victim of the policies of global central banks, it’s not that difficult to do.
The two best ways to do this today involve cryptocurrency and precious metals. On this page you will find links for the best deals on silver and gold coins, along with links to information on the new technology known as cryptocurrency. Cryptocurrency such as Bitcoin cannot be created by fiat, nor can it be controlled in any centralized fashion. It functions through a decentralized, peer-to-peer network. To Purchase Bitcoin through Coinbase.com, go here.
You will be asked to create an account and link to your current bank. To verify your identity, a few pennies will be deposited into your account, and you must enter the exact amount of the transactions (this takes several business days). This way, no one can create an account in your name. Should you decide to hold a portion of your wealth in virtual non-fiat cryptocurrency, consider storing some of it in cold storage (offline) and even more secure hardware wallets. That way, your money will remain out of reach for any potential cyber-thief.
For most working people today, silver provides the most convenient and affordable store of value. It’s also an undervalued asset at this time in history for many reasons – a diverse and intricate subject in itself. For great deals on silver coins, search Ebay here.