Every currency, the dollar, the euro or the Deutsche Mark, which is now merely a relic of history, is a debt currency. Monetary unions, inflation or the currently hotly debated and repeatedly postponed Brexit have affected the financial stability of the individual and have created mistrust in conventional banks and financial systems. The author of the book Cashgold vs. Schuldwährungen (Cashgold vs. Debt Currencies) gets straight to the facts, in which he illuminates the global political landscape and describes the instability of the banking system, crises, wars and geopolitical decisions in a straight-forward and authentic manner. Dr. h.c. Seiz is not only an author, but also the founder and CEO of Karatbars International GmbH. Its aim is to make the financial market safer and to give everyone the opportunity to make a stable investment, and to benefit from a secure means of payment and exchange. To illustrate the risks of traditional money, he explains the origins of debt currencies and explains what fiat money is and why the abolition of the gold standard practically devalues currencies. He writes about the growing global debt, about banknotes that have been printed anew and created out of virtually thin air, and the growing risk of complete devaluation.
The book Cashgold vs. Schuldwährungen (Cashgold vs. Debt Currencies) also deals with the current concerns about the abolition of cash money. In order to clarify his perspective and to sensitize the reader to the dangers of debt currencies, the author reports in detail on the dangers of fiat money in payment transactions and in infrastructure.
Cashgold vs. Schuldwährungen (Cashgold vs. debt currencies): How trustworthy is the current monetary system?
Just like the value of conventional currencies, confidence in the banking system is dwindling. People who create value today and don’t want to rely on fictitious numbers printed on paper with the promise of the state, are looking for alternative options. With Cashgold vs. Schuldwährungen (Cashgold vs. Debt Currencies), the author presents possibilities for revolutionizing the financial market and a means of payment that has an integrated real, physical value. The risks in payment transactions and in infrastructure can be observed merely by taking a good look at the past, but also in the sentiments of today. No improvement will be possible by taking the classical path, the author knows and explains this detail in Cashgold vs. Schuldwährungen (Cashgold vs. Debt Currencies) by outlining the risks of fiat money. As founder and CEO of Karatbars International GmbH, he knows that confidence in banks and money currencies has been reduced to practically zero, at the very least since there has been talk of abolishing cash. And interest rates have likewise reached the zero mark, so that savers and investors are slowly but surely expropriated. In the final paragraph of his book, Dr. h.c. Seiz talks about a solution that solves all the problems of today’s monetary systems and refers to physical values.
Cashgold as a revolutionary means of payment and investment
At first glance, Cashgold looks like a conventional banknote. But this bill is different, as it contains a proportion of 24 carat fine gold corresponding to the real value indicated on the bill. In Cashgold vs. Schuldwährungen (Cashgold vs. Debt Currencies), the author briefly discusses the history of gold and value stability in the gold price in order to explain the significance of Cashgold. Cashgold is the safe haven that investors are in search of today. The reader of the book learns everything about the means of payment and can use the what he has learned about debt currency to draw his own conclusions about the values on which the future financial economy will be based. In conclusion, Dr. h.c. Seiz sums up his findings briefly and concisely and creates an impulse to think about the risks of debt money and the advantages of a currency with physical value. This book is interesting and highlights the current situation as well as future visionary solutions.