How to grow your wealth during the coming collapse?

288 THE BiG DROP

bubble and impeded capital forma-

tion in, 222

as emerging market nearing devel-

oped status, 221

entry of, into the currency wars, 222

good news and bad news on, 221–22

from hyperinflation to mild inflation,

221

positive growth prospects for, 222

short-run vs. long-run potential of, 224

U

U.S military, expertise of the, 231

U.S. Special Operations Command

(USSOCOM)

Bitcoin’s use by terrorists combated

by, 228–29, 231

J36 unit of the, 228

U.S. Treasury bonds and notes

inverse performance to the S&P 500

stock index, 210–11

investment in, as a safe haven, 210–12

liquidity of, approaching maturity, 212

Ukraine

sanctions for Russia’s occupation of,

130–36

U.S. strategy lacking in, 135

underwater, homeowners under asset

deflation going, 43

unemployment, measurement problems

associated with, 26

United Arab Emirates (UAE)

comeback story of, 224–28

investment in, 227–28

United Kingdom, price index of

suspension of gold standard by, 21

United States

deal between Saudi Arabia and, 130

desire to let China accumulate gold,

156

financial war between Iran and,

127–29

financial war between Russia and,

130–36, 204–205

as major creditor nation and gold

power, 21

parallels with Weimar Germany, 238

sanctions lifed on Iran by, 129–30

USA Patriot Act, privacy and liberty lost

through the, 6–7

v

vault, reputable non-bank, 249

velocity

definition of, 51

hyperinflation produced in part by

increasing, 47–48, 56–57

VIA MAT, rush by, to build vault space, 158

Volcker, Paul, shock therapy used by,

46, 64

W

Wasatch-Hoisington U.S. Treasury Fund

(WHOSX)

as deflation “trade,” 213–15

interest-rate risk borne by, 212–13

owning SHY and, 213–15

as a Treasury-only mutual fund,

211–12

weak dollar, 140

wealth

money vs., 267

moving, without detection, 207–208

protecting, against monetary

collapse, xi

wealth effect, anticipated, given zero

interest rates, 110

wealth management products (WMPs),

Chinese investment in, as Ponzi

scheme, 74

wealth preservation strategies, 3, 7,

197–244

Weimar Germany, 49, 56–57, 59–61,

237–39

West Shore Real Return Income Fund, 50

When Money Dies (Fergusson), 239

windfall-profits tax on gold, 263

World Central Bank, in dystopian

future, 2–3

World War I, role of, in history of

reserve currencies, 21