What Is The Most Important Subject Persons Can Investigate And Reflect Upon?

Published: Sun, 02/05/23

How about the banking system?

"If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial Banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the Banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon.”

This quote is a reminder of the role that banks play in the economy. The banking system creates the money that is in circulation, whether it is in the form of cash or credit. This means that every dollar that we use in our daily transactions has been created by a bank through the issuance of loans.

This reliance on bank loans for the creation of money is a significant problem as it highlights the fragility of the financial system. If there is a shortage of loans, the money supply will decrease, and if there is an overabundance of loans, the money supply will increase, leading to inflation. The absence of a permanent money system exacerbates this problem and leaves the economy susceptible to market forces.

The dependency of the economy on bank loans and the creation of fiat money by commercial banks is a crucial subject that must be understood and studied by all individuals. A failure to do so could lead to disastrous consequences for society, and it is essential that steps are taken to improve the system.

Economic stimulus plans, easy-money policies, and other government spending amounting to tens of trillions of dollars are establishing new currency levels and unmanageable amounts of debt around the world. This is not sustainable.

Until now, we've never seen anything quite like this. Every currency will depreciate in value over time, and every economy will experience high levels of inflation.

There isn't a market where investors may find safety other than in gold and other tangible assets.

Hit the button above and learn more.

I look forward to connecting with you soon!

Sincerely,

David Morgan
Founder, TheMorganReport.com

Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research is solely the responsibility of the reader.

The Morgan Report is not and does not profess to be a professional investment advisor, and strongly encourages all readers to consult with their own personal financial advisors, attorneys, and accountants before making any investment decision. The Morgan Report and/or independent consultants or members of their families may have a position in the securities mentioned. Mr. Morgan does consult on a paid basis both with private investors and various companies. Investing and speculation are inherently risky and should not be undertaken without professional advice. By your act of reading this independent market research letter, you fully and explicitly agree that The Morgan Report will not be held liable or responsible for any decisions you make regarding any information discussed herein.

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