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2023/10/29

Church

As you read this, millions of American families are coming home from church. But their houses of worship looked a little emptier than they remember...
 

Dear Reader,

As you read this, millions of American families are coming home from church.

But their houses of worship looked a little emptier than they remember...

After all, church membership has been steadily declining since the 1960s.

What are people doing instead?

Well, the average American spends 7 hours and 4 minutes per day staring at a screen.

And there's no mystery as to why people are looking for an escape...

  • Drug use and domestic violence numbers are up... and people are fleeing cities like New York, where there was a 97% increase in shooting incidents in 2020.
  • And sports betting on live games, which was illegal in most states just five years ago, has increased ten-fold in the last three years.

It feels like America is giving up.

As Napoleon famously said, "Religion is what keeps the poor from murdering the rich."

Our founder, Porter Stansberry, would disagree.

Porter blames it all on the government's dangerous actions with our currency.

As he shared this during his recent tell-all interview:

"Gambling and crime flourish in a society that's monetizing its debt and debasing its currency. Why? Because as the currency is corrupted, it becomes harder and harder for us to understand prices.

Farmers know what to plant because of prices. Industrialists know what to produce because of prices. You and I know what to invest in because of prices.

When the price mechanism is warped by the monetization of trillions in debt, the whole system is wrecked. It becomes harder and harder to succeed legitimately. And that desperation leads to gambling, prostitution, drug use, suicide, violence..."

Napoleon was living through this, too, by the way.

Again, he blamed religion... but Porter would argue a bigger problem was France's money.

They were in the midst of losing their reserve currency status, just as we are with the dollar today.

So, what should you do about it?

First, get the facts this weekend.

Most Americans used to spend about an hour at church on the weekend... now they spend 4 hours per day watching television.

Something is broken, and Porter can explain why.

Click here to see his take.

Regards,

Matt Weinschenk
Director of Research, Stansberry Research

 

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