Since 2022, the U.S. government has approved $113 billion to aid Ukraine’s war effort against Russia.
Last month, the House of Representatives proposed $14.5 billion in military aid to Israel in its battle against the militant Palestinian group Hamas.
On top of that, the Pentagon has sent two of our Navy’s most powerful warships to the Mediterranean Sea. It’s planning to send 2,000 troops to the region as well.
More ominously, the Biden administration is warning countries like Iran to stand down and not intervene.
I believe the U.S. government is doing all of this to prevent these regional conflicts from expanding into a world war.
Here’s what I mean…
In October, a bipartisan congressional panel warned the United States must prepare for possible simultaneous wars with Russia and China.
The report from the Strategic Posture Commission came amid tensions with China over Taiwan and friction with Russia over its invasion of Ukraine.
With a new war breaking out in the Middle East – and the Ukraine-Russia war showing no signs of ending any time soon – countries are drawing their battle lines.
America and its Western allies will stand with countries like Israel and Ukraine.
Russia, China, North Korea, and Iran will back militant groups like Hamas and Hezbollah.
Friends, if these regional conflicts in Europe and the Middle East spread, we could be on the verge of a third World War.
I don’t say this to frighten you… but to prepare you for what could come next. That’s because a global conflict could trigger the final collapse of the U.S. dollar.
That means over the coming years, you could see the erosion of the purchasing power of the dollars in your pockets, your bank accounts, and your retirement savings.
What a Global Conflict Means for the U.S. Dollar
Right now, total U.S. debt stands at $33 trillion. That’s about $100,000 for every man, woman, and child in America.
If a global war breaks out, that means the U.S. would have to spend even more… adding to that already mountainous debt.
Yet the government shows no signs of belt-tightening on its defense spending (or any other spending, for that matter). In fact, it’s doubling down.
Just listen to Treasury Secretary Janet Yellen, for example.
She recently said the government can “absolutely” afford to support the wars in Ukraine and Israel – despite the mountains of debt we’ve already accumulated.
If the government continues to spend without inhibition, it’ll send the dollar into a “doom loop.” And I believe a government event guaranteed to happen this month will trigger it.
I recently obtained critical intel directly from the U.S. Treasury Department. You can see a table of it below.
This table shows a small fraction of the hundreds of government bonds, bills, and notes the U.S. Treasury is auctioning off to market this month.
The auction raises billions of dollars the federal government needs to keep the lights on… and to pay for the conflicts it “absolutely” can afford to support.
This becomes a major problem if there aren’t enough buyers at the auction to soak up all that supply.
Here’s what I mean…
As of January 2023, foreign countries own $7.4 trillion in Treasurys – or roughly 24% of total U.S. debt.
The two biggest debt holders are China and Japan. They own $1 trillion and $855 billion of U.S. debt, respectively.
But I don’t believe China or Japan – or any other country for that matter – will step up to the plate and buy as much U.S. debt as they have in the past.
The reason the demand for these Treasury instruments will decrease is because the U.S. has “weaponized” the dollar.
If the wars in Europe and the Middle East show us anything… It’s that America’s greatest weapon isn’t the U.S. military – it’s the U.S. dollar.
When Russia invaded Ukraine, the U.S. froze an estimated $300 billion of Russian central bank assets.
The U.S. has also imposed economic sanctions on Iran for its support of militant groups like Hezbollah and Hamas.
This has left other countries like China wondering if they’re next. So you can see why these countries want to end dollar hegemony.
To combat the weaponization of the dollar, Brazil, Russia, India, China, and South Africa (the so-called BRICS nations) are working to create their own global settlement currency.
This will allow them to circumvent the U.S.-dominated financial system and make them resilient against any Western sanctions.
In March, the 10 countries that make up the Association of Southeast Asian Nations (ASEAN) agreed to abandon the use of the dollar for trade amongst themselves.
And the Saudi Finance Minister even suggested his country would be open to settling oil trade in currencies other than the U.S. dollar.
These aren’t just empty threats.
China has already cut its U.S. Treasury holdings to a 14-year low. And the BRICS have dumped $123 billion in Treasurys in 2023.
If the U.S. government can’t auction as much debt to these nations as it has in the past… Then it’s left with one option: Buy the debt itself.
In other words, the Federal Reserve will have to print even more money to cover the government’s debt…
The by-product of this is a whopping influx of dollars into the system, which will create even more inflation.
The government has backed itself into a corner.
The only way for you to protect your financial security is to opt some of your wealth out of the dollar-based system before it goes into free fall.
And there’s only one asset I know that will outperform the dollar’s plunge: bitcoin.
This Asset Will Protect Your Purchasing Power
Since I recommended it in April 2016, bitcoin is up 9,706%. And it has at least 1,258% more upside from here.
Bitcoin isn’t simply a world-class crypto… It’s a world-class asset that everyone should own.
Let me explain why I believe bitcoin will outpace the dollar’s purchasing power over the coming years…
The last time we saw the Fed fire up the money printers like it’s about to now was March 2020, during the COVID-19 pandemic.
The world was on the brink of collapse from the authoritarian restrictions placed on citizens around the world.
At the time, I said this to my readers:
Friends, with the near collapse of global trade caused by the coronavirus… You can expect central banks [to] issue stadium-sized stacks of paper money to fund their respective governments.
Sure enough, just five days later, the Fed announced its “infinite cash” policy… and promised it would print unlimited amounts of money.
More money printing equals higher inflation… And higher inflation equals the start of an across-the-board bull market in assets.
From 2020 to 2022, the median house price in the U.S. grew from $300,000 to $400,000. That’s a rise of around 30%.
Around that same period, stocks climbed 52%.
But I knew something the mainstream media still couldn’t wrap their heads around: Bitcoin would outpace all the other asset classes.
On March 17, 2020, bitcoin traded as low as $5,032.50. Just two days later, Jerome Powell and the Fed went about the greatest monetary policy mistake of the millennium.
By the second half of 2021, bitcoin would reach an all-time high of $69,044 – a 1,271% rise.
If you’re a longtime follower, you know I expect bitcoin to hit $500,000 over the coming years. So it still has plenty of upside from here.
And as bitcoin takes off, it acts as a slingshot for altcoins. So you could potentially see even greater gains by adding them to your portfolio.
Back during the pandemic – at the same time I was pounding the table on bitcoin – I also recommended several altcoins that took off like rockets as money once again flooded the system.
Readers who listened to my warning and acted had the chance to make 19x on Numeraire (NMR), 51x on Streamr (DATA), and 79x on Enjin (ENJ).
Recently, I put together a model portfolio of five cryptos – bitcoin and four altcoins – that I believe could potentially deliver the kinds of returns my readers had a chance to see when I made the same warning in 2020.
You can find out more by clicking here…
Friends, over my career, I’ve learned that in this new era of money printing, you need to think outside the box if you want to make life-changing gains.
You have to find what I call “positive asymmetric” ideas.
These types of ideas can turn $1,000 into $10,000… $100,000… and in some rare instances, $1 million. They give you explosive upside potential without putting your current lifestyle at risk.
That’s how you become wealthy in an era when the dollar’s purchasing power is evaporating. And it’s why I call crypto the “great equalizer.”
Let the Game Come to You!
Big T
Want more stories like this one?
Signing up for Teeka Tiwari’s Palm Beach Daily will help you grow your bottom line and live a happier life in just three minutes a day.
Author: Erin Taylor
Last Updated: 1702670403
Views: 1660
Rating: 3.8 / 5 (118 voted)
Reviews: 94% of readers found this page helpful
Name: Erin Taylor
Birthday: 1925-12-15
Address: 737 Brown Trail Apt. 059, Caseyberg, MD 99783
Phone: +3980314751039818
Job: Teacher
Hobby: Juggling, Traveling, Bird Watching, Origami, Web Development, Cycling, Cross-Stitching
Introduction: My name is Erin Taylor, I am a audacious, dedicated, dazzling, persistent, clever, bold, sincere person who loves writing and wants to share my knowledge and understanding with you.