Silver Reichsmark
Posted in Uncategorized on 11/03/2007 12:46 pm by admin
Silver Reichsmark
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 NAZI GERMANY SILVER COIN TWO REICHSMARK SWASTIKA DATE IS 1939  US $14.99
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Is there a world financial crisis coming? Is your ultimate wealth assured and are you prepared for the crisis? In the near future, will we be just confirming our banking login at one of many internet banking institutions to access our digital coin? Or will we return to the gold and silver values of the past: with coin gold, silver bullion coins silver bars or some other commodity come into fashion?
I'm talking about the upcoming economic crisis that is being caused by the fiat currencies in almost all countries around the world. What about those bailouts? They are happening around the world. The bankers love them - all that fresh new money that gets deposited and they get to lend out due to our fractional reserve banking practices. Have you seen the money and digitally created money graph? For most of the century it just slowly rose and we hardly noticed that hidden tax called inflation. In my life time prices have gone up 10 times. And the money graph has now gone exponentially straight up. In the 1980's we had million dollar bailouts, in the 1990's bail outs were in the billions. Have you heard the word trillion used several times recently? Is all that money getting us out of the current depression or just delaying and amplifying a crisis yet to come?
History shows us that there are two main types of depressions. The question is which one are we headed for?
1. A depression caused by deflation
2. A depression caused by inflation
The depression in Germany after WW1 was caused by inflation and that inflation accelerated into a hyperinflation with the printing presses spewing out worthless currency as fast as they could print.
On the other hand the great depression of the 1930's in North America was caused by deflation. In the 1930's the US dollar still had value because it was backed by gold and silver. It was receipt money. A receipt that was backed by the gold and silver supposedly held in the Treasury vault. Back then the US government did not print a lot of money to avert the depression because it was technically illegal to do so without adding more real money - i.e. gold to the vault.
In a deflationary depression savers are the winners because money still has some intrinsic value and was relatively scarce.
The opposite was the case in Germany where the currency had no backing and no real value. It was a fiat currency like every currency in the world today. The government could not make the payments on its debts, so it just printed more money. The result was an inflation that got out of control. The German Reich-mark was nothing more than play money - Just paper with ink on it. The government continually printed more money. The public, the savers became the big losers as the value of the currency decreased. Its value becoming less and less as more and more was printed. The depression that followed was a direct result of the inflation of the money supply.
So is there a depression coming: a depression more serious than what we have now? The one thing that is certain is that if a crisis happens some people will win big and some will lose, possibly everything. And the big question is: what side will you be on? It depends on what type of depression it will be and how you prepare for it.
If it is a German style depression, many will lose, because it was a US style depression that happened in the 30's and those are the stories told and remembered by most people. These past memories of the 30's sway people to think that security is in cash and savings and pinching pennies. They expect a steady retirement check, social security, health care and government aid. They believe in cutting back and living the simple life.
Now few are prepared for a German style depression. One where: gold and silver coins, little cash and investments that adjust for inflation will have value. Investments such as oil, food, gold and silver stocks and some forms of housing will be the winners.
I see a whole world with fiat currencies. Many countries are printing more and more money to hide their problems. My bet is on a depression caused by inflation. Most countries are caught between a rock and a hard spot. If inflation takes off they can't raise interest rates very far or they will end up defaulting on their interest payments on all the money that they have borrowed. Either way, the value of money in the public's eye will decrease and we are headed into a hyperinflation. When? How bad? Who knows? Will we end up with an on line bank and digital coin to do transactions with an on line money transfer? Is there a conspiracy to take your money? Or will history repeat itself and gold and silver coins become the favored money?
Wealth is a decision. Your ultimate wealth will depend on the decisions you make in the near future. This may not be the time to believe most of the financial planners who work for Wall Street. What you do with your investments is going to affect your future. It's time to get educated. Are you prepared to make the decisions?
Lee Coates - internet entrepreneur, http://DecidedlyWealthy.com is my blog. Keep informed with the posts and insights and sign up for my free take action training. The best defense in these uncertain times is a top financial education through home study and the seminars that are available. http://thinkfinancialfreedom.com/?site=CAYM&t=article101
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German Reichsmark $78.07 High Quality Content by WIKIPEDIA articles The Reichsmark (English: Reich Mark; symbol: RM) was the currency in Germany from 1924 until June 20, 1948. The Reichsmark was subdivided into 100 Reichspfennig. The Reichsmark was introduced in 1924 as a permanent replacement for the Papiermark. This was necessary due to the 1920s German inflation which had reached its peak in 1923. The exchange rate between the old Papiermark and the Reichsmark was 1 RM = 1012 Papiermark (one trillion in modern English, one billion in German and other European languages, see long and short scales). Author: Miller, Frederic P./ Vandome, Agnes F./ McBrewster, John Binding Type: Paperback Number of Pages: 116 Publication Date: 2010/07/10 Language: English Dimensions: 5.98 x 9.01 x 0.27 inches |
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Arbitrations & Parities of Foreign Exchange, Comprising Sterling Into Francs, Reichsmark and Guilders, Guilders Into Reichsmark and Francs, Francs Into Guilders $18.7 No Synopsis Available |
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Mark : Deutsche Mark, Finnish Markka, East German Mark, German Reichsmark, Bosnia and Herzegovina Convertible Mark, German Gold Mark $11.74 No Synopsis Available |
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