Executive Summary

There are too many claims on real wealth
Our currency has a destiny with the dustbin
When money dies, real wealth remains
How to ensure you're on the winning side of the Great Wealth Transfer

If you have not yet read Part 1: The Coming Great Wealth Transfer, available free to all readers, please click here to read it first.

Financial Repression is really just a stalling tactic designed to slowly take your purchasing power and help bail out an over indebted system. It works best when there’s wage inflation to help soften the blows, but there hasn’t been any of that in a long time, so the median household is just being crushed; an experience easily confirmed in elevated suicide rates, record opioid addiction levels and overdose rates, and ultra-low levels of job satisfaction.

The main course of the coming Wealth Transfer is rooted in the concept of too much money. Or debt. They’re the same thing, as money is the product of the issuance of debt. One begets the other. So we can track either or preferably both to understand what’s really happening.

Our view at Peak Prosperity is that there's an extraordinary wealth transfer coming and we'd very much like to help you be on the right side of that event. Our goal is to educate. [Fun Fact: the root of ‘educate’ is the word ‘educe’ which means ‘to bring out.’ So for us ‘educate’ does not mean to hand facts over for later recall, but rather it is a two-way process by which we can together bring out something that was hidden before and share that in common].

So let’s start here…assuming you’ve taken the Crash Course chapters on money and money creation (at banks and The Fed), let’s go right into the role of money in an economy.

Remember, money and debt have no intrinsic value. They only have value because we all agree that they do. Money (and debt) has no intrinsic value beyond what we humans agree it has. Money is a social agreement.

A $20 bill has value because you and I agree that it does. The only reason we hold that agreement is because a $20 bill can do something for us. We can walk into a store and buy something with it, therefore it has value. If we couldn’t walk into a store and do anything with the money, then it would have no value at all.

For example, what do you think would happen if...

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