#56- The Death of Currencies & Surviving a Financial Reset

Parallel Mike Podcast

Gold is hitting a new all time every week right now, meanwhile the money we are forced to use in the economy is collapsing in value. But this is nothing new, in fact, throughout history there are 1000's of recorded examples of paper currencies collapsing in value completely. Sometimes they end in a frenzy of paper otherwise known as a hyperinflation. Other times, people go to sleep in the evening believing everything is fine only to wake up to find out their savings have lost 70% of its value due to a sudden and unexpected reset.

Looking at our own financial systems it's clear we are now on an irreversible route to one (or both) of the above - likely to finish with a grand finale which will usher in CBDC's and tokenized living. Time is now at the essence and with the gold price signalling that the end might be close for our debt soaked system this episode is a must listen for those seeking to protect themselves in the coming hard times.

In part one we discuss the experiences of returning guest Art Moni and her family who lived through and survived hyperinflation in Poland. From walking around with your life savings in your back pocket to try and exchange it for real goods before it loses another 50% in value to spending 2 weeks queuing in order to buy a washing machine. These are the real experiences of people who have already lived through something we might all one day be facing. One day soon perhaps.
EPISODE LINKS:
PART 2 FOR MEMBERS: www.parallelmike.com
MIKE’S PREPPING COMMUNITY & FINANCIAL NEWSLETTER: www.patreon.com/parallelsystems
ROKFIN: www.rokfin.com/parallelsystems