Finally a Presidential Candidate Points the Finger at Money-Printing

It took nearly 2 years of constant campaigning, but finally one of the men set to be President in 2013 said the words we’ve been waiting to hear.


EVG Research Team here, and we’ve been watching Mitt Romney and Barack Obama closely to see if either has a clue about the coming crisis. Or if they do, the courage to speak about it.


But so far, not one has mentioned the $1.5 trillion dollars waiting on hold at the Federal Banks, just waiting for the right moment to flood the economy with inflation.


Not one has suggested lowering the debt; not even with an empty campaign promise. They only promise to lower the deficit, in other words, the speed at which we grow more debt.


Not one has mentioned how we’ll manage to pay the interest on $16.2 trillion in debt when interest rates rise.

Inflation, runaway debt and sky-high interest rates will threaten hopes of retirement for a generation. 

The Elevation Group has a plan: Click here to discover our solution.


It seems the only option America will soon have is to honestly default on our debts and restructure them... or continue to manipulate our currency by printing more money to pay our debt.


We’d like to know which option the candidates would prefer, but for so long they were silent on money-printing and currency manipulation.



And Then it Finally Happened...


Someone mentioned currency manipulation. It was Mitt Romney, and he said...


China has been a currency manipulator for years and years and years. And the president has a regular opportunity to label them as a currency manipulator, but refuses to do so.


On day one, I will label China a currency manipulator, which will allow me as president to be able to put in place, if necessary, tariffs where I believe that they are taking unfair advantage of our manufacturers.


Wait. Someone finally mentions currency manipulation and we point the finger at China?


Wow. Let’s take a look...


Mitt Romney is suggesting China is a currency manipulator. Their crime is printing money to intentionally devalue the Yuan. In theory, this will make their exports cheaper and attractive to nations like the United States.

And that’s true. They did this for decades. BUT, this mostly stopped in 2005 when China depegged their currency from the dollar. Since then, the Yuan has been steadily growing in value.

In fact, in the last 7 years the Yuan has gone up in value 23% in dollars.


And on the EXACT DAY that Mitt Romney said these words, the Yuan set an opening record high versus the dollar.


So we have Mitt trying to protect us from China weakening the Yuan (when it’s actually getting stronger). And yet...


Who’s Going To Defend Us
Against the Weakening Dollar?


And why isn’t either candidate standing up against the currency manipulation of the Federal Reserve?


Since China has depegged their currency from the dollar, our Federal Reserve has had the printing-machines cranking at full gear... TRIPLING the base money-supply in just a few years.


And it was AFTER this happened that Mitt Romney said, “I think (Ben Bernanke) is doing as good a job as he thinks he can do.” And, “But look, I’m not going to spend my time going after Ben Bernanke. I’m not going to take my time and focus on the Federal Reserve.”


Yes, we can tell, Governor Romney.

How About The Other Guy?

And neither is President Obama, who reappointed Ben Bernanke even after all the money-printing skyrocketed.


To us at The Elevation Group, this is a clear sign that we should...



Find a Lifeboat, and Get In


That $1.5 trillion dollars is anxiously waiting to flood the markets, and the dam could break at any time. When it does, through “Fractional Reserve Banking” that $1.5 trillion could turn into $10-$15 trillion in no time.


That’ll send inflation through the roof and interest rates to the moon.


The only way to survive rising rates and prices is to find a lifeboat and jump in.


At The Elevation Group, we like to see ourselves as that lifeboat.


Our founder, Mike Dillard, watched his friends and family lose dearly in the 2008 financial crisis. And since then, he’s been circling the globe in search of contrarian financial experts to teach him and his family how to invest in these strange times.


And it’s worked. In the last 4 years of implementing these “black box” investment strategies of the ultra-rich... Mike has earned an average 77% annual return.


If you’d like to find out more about these “black box” strategies... AND how to climb into The Elevation Group’s lifeboat before the crisis really hits, then go here now: 

Click Here To Watch The Free EVG Presentation

The Legal Lie Banks Tell You

Is Your Money Really Safe?

Did you know each time you deposit money into a bank, they’re legally allowed to...

* look you in the eye and lie, with a wink and a smile
* sell you a line of bull about how your money is kept safe in the vault
* and give you a kick in the rear on the way out?

EVG Research Team here, and we might be kidding about the last one.

At The Elevation Group, we fancy ourselves as adventure-seeking truth-tellers. That means we’ll go places others won’t dare to uncover lies, distortions and old-ways of investing that just don’t work anymore.

And this lie could be the biggest one of all.

It’s not a new lie. It’s been legal since 1913 in the United States. And it’s legal in most other countries, too.

Yet people don’t know about it because politicians only talk about it using big words in wonkish, boring speeches.

But when it’s brought down to the human-level - and you realize it’s your money they’re lying about - you just can’t look away from...

The Legal Lie Banks Tell You

The money you deposit in a bank, isn’t in their vault. It’s not in a vault across town. It’s not in a vault at your bank’s headquarters either.

It’s not in a vault at all. In fact, outside of a computer, your money doesn’t even exist.

It sounds weird, but that’s how most banking systems in the world are set up today.

It’s called Fractional Reserve Banking and it works like this...

When a person deposits say, $1,000, into a bank, that person believes their money is still there. After all, their account balance still says $1,000.

But the truth is, the banks are lying to you.

They are legally allowed to loan out 90% or more of your deposits to other customers and STILL tell you that your $1,000 is in the bank.

And the Federal Reserve, who regulates the banks, not only says it’s “OK” for the banks to tell you this lie... they’re the ones who made it possible.

They set a number called the “Reserve Ratio.” And if it’s set at 10%, then banks can reloan 90% of your money without telling you.

And This is the Real Scary Part...

Of that $1,000 you deposited, we know the bank can lend 90% of that to other customers. That’s $900.

So say a person borrows that $900 from your bank to buy a motorcycle. The borrower leaves the bank with $900 cash and gives it to the bike owner.

The former bike owner, happy to be rid of his bike, then goes and redeposits that $900 cash in the very same bank.

Now two people have deposits - one for $1,000 and one for $900 totaling $1,900 - that came from the same exact $1,000 cash deposit. The extra $900 was “BORROWED into EXISTENCE.”

This process...

 

Created the Housing Bubble and Global Financial Crisis

When money is created so easily out of thin-air, it leads to bubbles in asset classes.

Since the United States completely left the gold standard in 1971, we’ve had one bubble after another. There was the early ‘80’s gold bubble, the stock bubble of the 90’s, and just recently the housing bubble.

The current global financial crisis is in large part due to all the money that was “borrowed into existence” to buy homes at inflated prices.

But when the housing bubble popped, it set off a massive deflationary event.

People who were no longer able to make their house payments walked away from their mortgages.

And because we have a monetary system where money is “borrowed” into existence, when a borrower refuses or can’t repay the debt, the money simply VANISHES from the system.

It’s called a currency contraction, and that is deflation.

At this point, there are only...

2 Possible End Games-— and Both End Badly...

In response to the deflation from the housing crisis, the Federal Reserve quickly started “printing” more money to try and replace all the money that was vanishing.


They literally doubled the money supply in just a few weeks following the 2008 panic. And since then, the money has tripled pre-meltdown levels.


But unfortunately for the Fed and all its victims, the problem seems to be too big this time.


The money-printing isn’t working. And If they keep up the pace, we’ll see massive inflation... or even hyperinflation.


Or the Fed may recognize the problem is too great and try something more honest than money-printing. They may decide to default on our debts the honest way, by telling our creditors we can’t pay and restructuring the debt.


This would cause massive deflation as all the money borrowed into existence vanishes.


So those are the two endgames, massive inflation or massive deflation. Both of which will make the current global recession look like a walk in the park.

And it All Could Have Been Avoided

...had we just stuck with the gold standard. Instead we drifted away starting in 1913 with the creation of the Federal Reserve Bank. And we completely severed the dollar’s ties to gold in 1971.


A dollar backed by gold means money can’t be borrowed into existence to cause a global financial crisis. And it’s actually written into the US constitution that states are not allowed to use anything but gold and silver as legal tender.


We’re happy to see a major US political party announce that their party platform will call for a gold commission to study the gold standard.


To find out more about fractional reserve banking and what it’s done to our economy, jump back into the first strategy session with Michael Maloney:


How to Profit From the Greatest Wealth Transfer in History

The Economic Tidal Wave Neither Romney Nor Obama Can See

For a Presidential debate on the economy, we’re left in shock and awe that no one mentioned the economic crisis hanging over our heads.

Not even once.


It’s shocking, because a crash is coming, and neither candidate seems to understand the urgency.


For more than 2 years we’ve been showing people like you how we plan to prepare, or else get ready for a huge potential drop in standard of living - and forget retirement.


(Click here to watch a free presentation revealing how to prosper during the downturn.)


And we had hope that Romney or Obama would catch on. Especially when Bill Clinton and Donald Trump echoed our warnings of life-changing inflation this past month.


But at this debate, there was more talk about Big Bird than the economic problems staring us in the face.


Instead of debating the real issues, we got the standard-bearers of two political parties who’ve been...

Partying Like It’s 1999...

...for way, way too long. Or maybe I should say 2004, when the debates about budget deficits and “tax cuts for the rich” really heated up.


Yet that’s all we heard at this 2012 debate: class warfare and promises to “reduce the budget deficit.” This is not enough.


A “budget deficit” means you spend more than you take in - in other words, more debt.


So reducing the budget deficit just means reducing the speed of new debt. And adding new debt is crazy when the US already owes an absurd $16 trillion... especially when we face the very real threat of rising interest rates.


If we’re forced to pay higher interest rates on $16 trillion, the gig is up for America.


Therefore - If either candidate knew what we were up against, they’d talk about reducing the total debt... and NOT about reducing the speed at which we pile on more IOUs.


But neither candidate could even give us an empty campaign promise about lowering the debt. Even in a political campaign, when talk is famously cheap.


This is dangerous because...

The Water Levels Are Rising and the Dams Are About to Break

The biggest economic crisis facing America right now is the $1.5 trillion dollars banks are holding on the sidelines... like a tidal wave ready to slam down on the economy.


At DOUBLE the total money-supply (M0) in 2008, $1.5 trillion is the sum of all the money-printing the Federal Reserve has done since the crisis began.


Once the dam breaks and that money hits the economy, the prices of all you buy will skyrocket. Millions of Americans will face a drastic reduction in their standard of living. Interest rates will rise, and the real economic crisis we’ve been warning about will be here.


At this point, the Federal Reserve gets to decide what happens next.


They can print more money to pay the interest on the debt, turning high inflation into hyperinflation.


Or they can do nothing, kicking off a long string of debt defaults, starting with the Federal government. This will cause massive deflation.


Yet there was no mention of this at the debate.


There wasn’t even a mention of the Federal Reserve - the bank that decides our fate.


Not once did they mention the threat of interest rates rising.


And yet...

They Say Romney Won the Debate

Even Romney’s critics admit he won by style, if not by substance.


But the truth is, there were no winners at the debate. Especially not the American people.


There’s a tidal wave of money sitting on the sidelines, making inflation or deflation imminent. Obama hasn’t addressed it. And the challenger, Mitt Romney, cannot make it disappear.


If Obama and Romney will not address the problem, the only thing left you can do is prepare.


That’s what we’re doing at The Elevation Group. Our founder, Mike Dillard, has been circling the globe interviewing contrarian financial experts and economic seers.


For 2 years he’s taken action on their best “black box” investment strategies... and earned a 310% return since 2008.


If you’d like to find out more about these “black box” strategies... AND discover how to survive and thrive after the economic tidal wave hits, then go here now:


Click Here to Watch the Free EVG Presentation