Crazy like a Fox

Cryptocurrency-bank-Karatcoin-Bank-to-open-in-June

For those who didn’t believe it was possible the karatgold coin has taken a giant leap. Karatbars International C.E.O. Harold Seitz, just recently announced that the company will soon open the world’s first crytocurrency bank. What distinguishes this coin from all the rest of the crytocurrency is that it will be back by gold. And gold never gets old!!! http://www.financefox.co.uk/cryptocurrency-bank-karatcoin-bank-to-open-in-june/

As a fully licensed bank in Miami, the “Katatcoin Bank” customers will be able to rely on the bank to serve their banking needs and accept the coin as payment like fiat currency (printed paper currency).  Unlike printed currency, gold is a limited supply so there is no inflation. As governments print more and more money to pay their enormous  debts , karatcoin becomes an inflation-protected instrument and increases in value. The coin becomes a stable means of exchange , savings, and investments.

At one time American currency was backed by hard assets (gold and silver). In 1971 President Richard Nixon ended the dollar convertibility to gold to prevent foreign governments runs on the US gold reserve and to bring down inflation.

For the inside scoop on the Federal Reserve I recommend you read The Creature from Jekyll Island by G. Edward Griffin, A second look at the Federal Reserve.

Millions , billions and trillions is what the politicians talk about. We can’t print money. If we tried we go to jail. Trickle down doesn’t work. The prices go up and the common man pays more and more. Wall Street gets bailed out but Main Street get stuck with the bills. And the dollar bill don’t buy much. Maybe now is the time you looked at the real money on line.

H.G.M.

 

 

 

 

Author: hackettglobalmarketing14

I'm a two time military veteran (Air Force & US Army). I started blogging to keep my mind active after 40+ years of work. I joined the Air Force to escape the auto assembly line in Detroit. I went to Libya North Africa where Col. Muammar Graddafi was forcing the closure of the base there. The base commander, Col. Daniel "Chappie" James kept a lid on the situation. I was later commissioned in the Army, and "Chappie" became the first African American Four Star General for the Air Force. Blogging just opened up the flood gates. Standing in the Shadows, Listening to the Greats!!! will be my blog novel. If you don't write your story who will?

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