The Money Revelation – How Hyperinflation Takes Root
September 6, 2022
Hosted by Jay Taylor
[Download MP3] [itunes] [Bookmark Episode]
Bob Moriarty & Quinton Hennigh return. Many things would be better in the world if all educated people knew what “money” is. For not only economic disturbances such as crises, credit crises, and inflation, but also social evils such as a class antagonisms, mass impoverishment, and even political catastrophes such as wars, and revolutions, have their most important roots in the general ignorance of money all too often. Robert Moriarty along with Maik Enders was partly responsible for having a book titled “The Money Revelation” translated from German into English. The book which was written by Alfred Lansburgh, a banker, economist, author, and publicist who passed away in 1937. The book details how the ignorance of well-educated Germans enabled the German hyperinflation to emerge which led to the rise of Hitler and his Nazi party and ultimately to World War II. Unfortunately, Americans and Europeans appear to be as ignorant about money as the Germans were in the 1920s and 1930s. That leaves the West vulnerable to similar economic and political strife as was experienced in Germany in the 1930s and 1940s. The intention of the book was to shed light on how hyperinflation evolves. Arrogant policy makers erroneously think they can avoid a repeat of German hyperinflation. But if they don’t understand what money is, is that even possible? Bob will walk us through the steps that lead to an awful chapter in German history in the hope of helping listeners to be prepared as well as possible for such an outcome in the near future should it come. Quinton will provide an update on an emerging world class, high-grade alkaline gold mine being developed by Lion One Metals.
Turning Hard Times into Good Times
Tuesday at 12 Noon Pacific Time on VoiceAmerica Business Channel
Jay Taylor’s show will explain the real underlying causes for plunging stock prices, plunging home prices and growing unemployment. By correctly diagnosing the cause of America’s economic decline, rather than listening to excuses from Wall Street and Washington, Jay will offer winning investment ideas to protect and increase wealth.
Topics to be discussed will include the cause of the decline of: our monetary system and our economy, the housing markets, the equity markets, and commodities, Why gold and silver are rising in value and how investors can profit from the direction of these markets through specific stocks, ETF’s and precious metals will also be discussed. Turning Hard Times into Good Times is broadcast live every Tuesday at 12 Noon Pacific Time on the VoiceAmerica Business Channel.
Jay Taylor has been able to more than double his newsletter’s model portfolio from 2000 to the present even as the S&P 500 was in the process of losing 50% of its value!
The insights provided to Jay came from a history professor in 1967 who advised Jay that when countries go off a gold or silver standard, hard economic times are sure to follow because nations begin to think they do not need to work hard and save to enjoy a better life. Indeed there is no free lunch and a gold standard reminds people of that every day.
Jay watched his professor’s prophetic words come true when in 1971, President Nixon completely detached the dollar from gold. Not surprising to Jay, the price of gold skyrocketed in the late 1970s as inflation wiped out vast amounts of wealth from average Americans. To protect his own wealth Jay began to invest in gold and gold mining shares and in 1981 he began sharing his success and insights in his newsletter. In 1981 Jay began writing a subscription newsletter that has earned his subscribers countless thousands of dollars over the years.
Jay’s insights as to the real cause of our problems has enabled him to find investment strategies that work. Diagnose a problem correctly and you have a chance for success. Diagnose a problem incorrectly as the establishment does and you are sure to fail.