Ding, Dong, the Dollar is...

Doomed? [Altucher Confidential] June 26, 2023 [WEBSITE]( | [UNSUBSCRIBE]( While James is headed to NYC to talk about AI, Jim’s headed to D.C. to talk about… the dollar’s death spiral? [Hero_Image] Ding, Dong, the Dollar is… By Chris Campbell There is MASSIVE change happening within our company. And I want you to [hear about this – from me]( – otherwise this new policy could blindside you. This has gone into effect immeditaly, so I want you to understand exactly what it will mean for you. [So please, watch this video for my full announcement.]( [Chris Campbell] CHRIS CAMPBELL Dear Reader, Ever hear that saying, “I’m up to my eyeballs in debt”? Well, after World War I,Germany was up to its highest church steeple -- 530 feet high at the time -- in debt. (Fun fact: The Ulm Minster, completed in 1890, is still the tallest church in the world.) The reparations required by the Treaty of Versailles were enormous: to the tune of 132 billion gold marks, worth more than $500 billion today. By the way… It took 92 YEARS for Germany to pay the full amount, making its final debt payment on October 3, 2010. Can you guess what Germany did when it received its first bill in the mail? It printed a whole lot of money. That way, it reasoned, it could buy foreign currency, and then pay off the debt faster. But as the government continued to flood the market with newly-printed money, something happened: the value of the Mark began to plummet. (Gasp!) This led to a destructive cycle wherein, by late 1922, the German government could no longer afford NOT to print, and the Mark's value went into a freefall. Prices skyrocketed. A loaf of bread, which cost 250 Marks in January 1923, had rocketed to 200 billion Marks by November 1923. People's life savings were wiped out overnight. The infamous images of people carrying wheelbarrows full of cash to buy a single loaf of bread were a harsh reality. This, of course, laid the groundwork for civil unrest, paving the way for extremist political movements, including the one led by the guy with the funny mustache, which would ultimately plunge the world into World War II. The currency collapse playbook is pretty similar throughout history. Loads of debt + Loads of printing = Loads of chaos. “It Can’t Happen Here” While this is certainly on the extreme end… History is littered with examples of currencies going kaput, hurling nations into chaos. Zimbabwe, Argentina, Venezuela, and more are just the latest examples. But the most powerful currency in history -- the US dollar -- is immune to such shocks… Right? Well, that’s what most people think. Our colleague Jim Rickards isn’t one of them. Recently, he stoked no shortage of controversy by announcing that “the fall of the dollar’s hegemony is expected in less than three months.” And that the introduction of a new trading currency will ultimately displace the dollar as the leading payment and reserve currency. BUT, here’s the thing… Now, he’s revising his warning. Turns out, after pulling a few strings, he uncovered a bigger threat looming. Urgent From James Altucher! Hey, it’s James Altucher. I just announced a massive new change to Altucher’s Investment Network, and as one of my readers I wanted to make sure you know what’s going on. [Click here now to see my urgent announcement.]( “Hope I’m Wrong” Here’s what Jim said this morning as he left for D.C… “If you have plans tomorrow afternoon, cancel them. If I’m right, you’ll be glad you did.” While James is headed to New York to talk about artificial intelligence tomorrow (a free event called [ChatGPT: The Good, The Bad, and Generative AI](... Jim is headed to the capital to report on “the most serious dollar warning” in his entire career. In short, Jim has received word through the grapevine that “suggests we’re just days away from a devastating change to the dollar… and to the entire American way of life.” Just to clarify, this doesn't have anything to do with CBDCs. It doesn’t have anything to do with the BRICS summit, either, which is still a good eight weeks out. "The situation at hand is much more immediate and personal," Jim said. Due to the urgent nature of this event, Jim has decided to conduct an Emergency Dollar Warning webcast scheduled for 1:00 p.m. EDT tomorrow. Right outside the White House, no less. In his webcast, he’ll reveal: → Where he’s putting his own money. → The “crisis trade” that could end up in the annals of history alongside the “Big Short”... → And the #1 thing you should do BEFORE July 3. It’s all free. Happening at 1PM EST. [Click here and you’ll be instantly registered]( Jim will follow up with a link to the event and everything else you need to know to get ready. Clicking the link above automatically registers you for The Emergency Dollar Warning, but does not obligate you in any way to attend the event. By reserving your spot, you will receive event updates. We will not share your email address with anyone. And you can opt out at any time. [Privacy Policy.]( Until next time, [Chris Campbell] Chris Campbell For Altucher Confidential Warning: Will “Bidenflation” Destroy Your Retirement? [James Altucher]( If you’re like most Americans, you’ve worked hard for decades to build your financial legacy. And now, as a result of Biden’s disastrous money printing policies, that’s all at risk. According to one top retirement expert, “Bidenflation” threatens to destroy your retirement and make your hard-earned savings worthless. That’s why you must take action right away to protect yourself… [Click here now to get the simple, step-by-step actions to survive “Bidenflation.”]( [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2023 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your Altucher Confidential e-mail subscription and associated external offers sent from Altucher Confidential, feel free to [click here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. We welcome comments or suggestions at feedback@altucherconfidential.com. This address is for feedback only. For questions about your account or to speak with customer service, [contact us here]( or call (844)-731-0984. 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