Debt Clocks - Canada & the US

Unrestrained Debt is the eventual undoing of any society. History is replete with over 3800 examples of failed currencies. Typically, all currencies fail within 100 years of their creation and within 41 years of being taken off of a commodity-backed standard like gold.

These two debt clocks track currency creation and numerous other interesting statistics worth monitoring. Looking at the creation of the money supply, it becomes apparent that your typically dollar bill is losing value ever second as more and more money is printed by central banks. In fact, since 1913, the US dollar has lost over 95% of its value in the first 100 years. That is why a loaf of bread that cost 5 cents in 1013 now costs nearly $5 today. The bread has not gotten any better but it does take more units of currency to purchase that same loaf of bread. This is because of the illusion of wealth created by never-ending money creation to fuel expenses of the government.

See www.thewealthcoaches.com/gold to understand the solution to preserving your purchasing power in the face of debt-fueled price inflation that eats away your purchasing power bit by bit.

Click for the live Debt Clock of your choice.