Topic: Paper Currency

A comparison of purchasing power from 1929 to the present shows that while paper currency has lost nearly all its value, gold has maintained its ability to buy a home. In 1929, an ounce of gold was $20.63; today, the same amount of gold required to buy a house in 1929 would be worth over $550,000. Alex Jones uses this to illustrate why he only trusts physical bullion over paper investments.

The M2 money supply is currently shrinking at a rate not seen since the Great Depression. This contraction is interpreted as the "big boys" pulling liquidity out of the system in preparation for the transition to a Central Bank Digital Currency (CBDC). The elimination of paper money is viewed as a necessary step for the government to achieve total financial control.