Emailed to Recaps:
Sam Oliver - When a nation's debts exceeds it ability to repay it's interests, it has historically ended in a collapse.
To postpone this situation, a country tends to print money to prolong this situation. This tends to make things worse.
The more a country is in debt, the more this printing of money will increase inflation. No country has ever been able to control when inflation turns into hyperinflation. It typically turns into a crash.
When currencies crash, a nation tries to float a new currency. Notice what has been happening around you in other countries right now. A second phase that Dinarland is aware of is a cashless society through the use of a debit card to pay debts.
The move into an electronic currency can happen for these three reasons:
1. So the government can blame the fiat system for it's financial failure.
2. We will most likely expand into a debit system that does not allow the hoarding of a paper system.
3. This debit system will keep track of every penny spent to determine accurate accountability of it's people's spending habits. If you have honest spending habits, there is no need to worry. If this does happen, we will be electronically controlled overnight.
Why are you seeing so much gold bought by the Central Banks? We are looking for a gold backed currency, but there is another reason. It will usher in a return to precious metals as currency.
Those who have it will find themselves with some freedoms others will not have. It is always good to own something in precious metals during a period of time like these.
Gold, Silver, Copper (remember those nickels and pennies) are among just a few. It will preserve your wealth during a crisis. Notice these patterns happening in other countries? It can happen anywhere.
But, if you have been following along with some of the information being shared with you, you are prepared well. We are ahead of this crisis. Much of what I just shared we are already doing.
The final phase of this journey as I see it is what excites me the most. You will become leaders of a new community. Let that sink in. Get ready for it. People will look to you for guidance and help.
Each of us have found resources inside us we never knew was there. I am so grateful to graduate to the next level of living with such a great group of people like you.
When the history books are written on this period of time, I am certain Dinarland will be in it.
Each of you have given so much of yourself. It has allowed each of us to become more soul than body over time. We are a part of the next generation.
Our time to shine as bright as gold is about to reveal itself. You are ready more than you know. Look how much you have changed on this journey.
The next step each of us take into this new world has more to do with what we have become than what we have.
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