Imagine if you and your friends could legally counterfeit money. How long would it take for your group to own everything in existence?
Get this! The Bank of Japan bought a record amount of exchange-traded funds in 2018 totaling more than 6 trillion yen. The central bank now owns 77 percent of the nation’s ETF market.
Meanwhile the BOJ Governor sees no problems with its purchases, shrugging off criticism that their growing presence is distorting the market.
I recently traveled to Argentina with my beautiful wife, where we toured the Mendoza wine vineyards and enjoyed a lovely horseback ride to celebrate her birthday. We were exploring a new expat development, which I’m excited to report on soon (through The Dollar Vigilante newsletter), but as news broke regarding Japan’s stock market edging toward nationalization, I realized this was the most important story of the week that was being ignored!
So, as I’m enjoying getting back into the habit of recording “walk and talk” videos, I dove into this topic in detail and covered how it affects us all.
Back in the USSA, Trump doesn’t want his precious Federal Reserve to raise interest rates above the extremely low and artificial rate of 2 percent. This is all going to lead to an unavoidable outcome when national currencies will each spiral into hyperinflation. It will happen within the next few years, and there will be a panic rush into buying cryptocurrencies.
Then, mark my words, people won’t even be able to purchase crypto with centralized fiat “money” anymore.
Fortunately, The Crypto Vigilante is launching soon, and the insight our market analysts are getting ready to release is going to help a lot of people survive and thrive during this major economic shift. With a track record of being ahead of the curve, we recommended buying Bitcoin back when it was just $3 and Ethereum when it was only $2. The next big one is coming (SUBSCRIBE).
I’ll be speaking at G. Edward Griffin’s Red Pill Expo in Hartford, Connecticut from June 7-9, where I’ll share the stage with people like Robert Kiyosaki to help truth-seekers understand how the world really works.
Avoid the insanity. You can’t say you weren’t warned.