I've seen 2 articles that summarize the major problems with the US economy. The garbage on mainstream news that passes for truth is merely propaganda to keep people complacent with the status quo.
If you do not learn the facts about the US economy, you may lose all of your savings. Even if the FDIC insurance gives you the nominal value of your bank deposits in the case of a financial catastrophe (which is doubtful since the FDIC only has approximately 3-5% of total bank deposits in their possession), your deposits will be paid with money the government creates from inflation. This means that the value of your dollars will be reduced. In short, your spending power will diminish.
The first article is entitled US Policies Will Fail to Avert Hyperinflation. This is a great article that speaks about the major problems that make a financial recovery in America improbable. But it also outlines the steps that we can take to rebuild and repair the US economy. The road is not an easy one, but it will be easier to make the changes while we have a chance rather than having no other alternative.
The worst part of this situation is that instead of people facing the facts and acting responsibly, we continue to embrace delusions, lies and false promises. This is not good, and the worst is yet to come, especially if changes are not made. The current financial policy virtually guarantees that financial destruction and economic hardship are in the future of the United States. Lies, deception and fraud are not a solid foundation for long-term economic prosperity. That's a self-evident fact.
The second article is entitled Financial Fraud on Wall Street. This is a short article that explains the fact that there is still massive fraud occurring on Wall Street. The bottom line is that if the banks were honest, they would acknowledge that they are all insolvent. Government collusion and connections keep this truth from being accepted. The banks can get bailouts and pretend to be solvent, and they can keep 'earning' their fat bonuses. But the massive bailouts are creating the financial environment that leads to economic calamity. Short term gain leading to long term pain.
Everybody in the financial community knows about all of this fraud and theft. The Justice Department, the SEC, the CFTC, and the rest of the regulatory agencies know what is going on. It's a mass collusion to maintain the current state of operations. From what I've seen, the plan is for the bankers to continue to earn massive amounts of money, and then when the system melts down, they then pass the bill to the people. But meanwhile, they will have taken their obscene profits and used them to purchase tangible assets. So when the US Dollar (and most other fiat currencies) collapses, they will be relatively unscathed, and will still have the ability to stay wealthy, while normal people will become the equivalent of 21st century serfs.
Remember: wealth is neither created or destroyed--it only changes hands. This will be one of the greatest shifts in wealth in history. Don't be an ambivalent dupe.
Showing posts with label hyperinflation. Show all posts
Showing posts with label hyperinflation. Show all posts
Monday, March 29, 2010
Wednesday, October 07, 2009
Some Observations Regarding Economics
Everybody knows that we're experiencing some tough times. I read a lot of information on economics and finance. My opinion of the current economic situation is that it was predictable. There appears to be two forces at work here, but first I will talk about the monetary situation.
In previous times, numerous substances were used as money. Tobacco, sea shells, tally sticks, salt, gold, silver, etc., have all been used as money. Historically speaking, the substances that functioned as the best forms of money have been gold and silver. I understand this, and a number of people understand this as well. This is the reason why the price of gold and silver are so high today, and why they do a better job of preserving their value, regardless of what happens in the world's financial markets.
While gold and silver are excellent forms of money, they do have some disadvantages. They are bulky and hard to carry around. It is almost impossible to carry around gold for everyday transactions because it is so valuable. And you can forget about using silver for that because it is extremely heavy. Another problem is that they are very rare. Although the rarity of gold and silver make it valuable, it also makes it virtually impossible for them to be used as money because there just isn't enough of it to support world trade. Some of these facts may be the reason why the world's financiers choose to manipulate and suppress the gold and silver commodity exchanges.
So although I know that gold and silver are great for preserving your wealth from inflation and hyperinflationary destruction of financial (paper) assets, everybody does not have this option. With over six billion people in the world today, there just isn't enough gold and silver to make world commerce work. That's just a cold, hard fact. This is why credit is used as money. There is no limit to how much can be produced.
Unfortunately, the same thing that is good about credit is also a weakness of it. Because there is no limit to how much credit can be produced, this can also cause problems in society, and we are experiencing them now. If credit is to be used, there should have been some sort of limit placed on how much would be emitted. The old saying is that 'absolute power corrupts absolutely', and we're seeing this happen with the big banks. Unfortunately, the average person is being given the bill for the wayward antics and tendencies of these banks. They basically got no penalty, while average people are the ones who will pay the penalty and the bill.
Times will probably get tougher for average people, and especially for people that depend upon a job for their income. But people who can take advantage of world trade (outside of the United States), and people who can participate in technological innovations will probably soar ahead with financial growth opportunities. But those who are left back with the old ways of doing things will be left behind. The economic environment is changing, and the person looking for a job will be left behind if s/he does not develop marketable skills that will be in demand today, and in the future.
In previous times, numerous substances were used as money. Tobacco, sea shells, tally sticks, salt, gold, silver, etc., have all been used as money. Historically speaking, the substances that functioned as the best forms of money have been gold and silver. I understand this, and a number of people understand this as well. This is the reason why the price of gold and silver are so high today, and why they do a better job of preserving their value, regardless of what happens in the world's financial markets.
While gold and silver are excellent forms of money, they do have some disadvantages. They are bulky and hard to carry around. It is almost impossible to carry around gold for everyday transactions because it is so valuable. And you can forget about using silver for that because it is extremely heavy. Another problem is that they are very rare. Although the rarity of gold and silver make it valuable, it also makes it virtually impossible for them to be used as money because there just isn't enough of it to support world trade. Some of these facts may be the reason why the world's financiers choose to manipulate and suppress the gold and silver commodity exchanges.
So although I know that gold and silver are great for preserving your wealth from inflation and hyperinflationary destruction of financial (paper) assets, everybody does not have this option. With over six billion people in the world today, there just isn't enough gold and silver to make world commerce work. That's just a cold, hard fact. This is why credit is used as money. There is no limit to how much can be produced.
Unfortunately, the same thing that is good about credit is also a weakness of it. Because there is no limit to how much credit can be produced, this can also cause problems in society, and we are experiencing them now. If credit is to be used, there should have been some sort of limit placed on how much would be emitted. The old saying is that 'absolute power corrupts absolutely', and we're seeing this happen with the big banks. Unfortunately, the average person is being given the bill for the wayward antics and tendencies of these banks. They basically got no penalty, while average people are the ones who will pay the penalty and the bill.
Times will probably get tougher for average people, and especially for people that depend upon a job for their income. But people who can take advantage of world trade (outside of the United States), and people who can participate in technological innovations will probably soar ahead with financial growth opportunities. But those who are left back with the old ways of doing things will be left behind. The economic environment is changing, and the person looking for a job will be left behind if s/he does not develop marketable skills that will be in demand today, and in the future.
Friday, October 17, 2008
Does The Bailout Pass The Smell Test?
http://www.rense.com/general83/snlkl.htm
It has been my opinion that this 'bailout' does not pass the 'smell
test' as well. One of the major problems has been the hyperinflation of
the US Dollar. It is creating price inflation simultaneously with wage
deflation, which is a double-whammy for most average working people. It
will only continue to get worse because the financial system will
require a lot more 'bailouts' if it is to survive. What the PTB are
doing (i.e., the 'bailouts') will only make the final denouement that
much worse than if they would have just left it alone. But these people
are going for the maximum profits and are hell-bent on inflicting the
absolute maximum amount of financial pain and destruction that they can
muster upon the heads (and pocketbooks) of the normal people of the US,
and of the world. This event is going to have consequences on most of
the economies of the world.
Monday, October 06, 2008
More Financial Pain Ahead for the Uninformed
Once again, the economy has been trashed more than is being made public. According to the article below, the US government has given away more than $2 TRILLION in bailouts, all without the knowledge of the average American. I'm not surprised at this in the least. As I've been saying all along, this is an orchestrated 'crisis' that is serving a larger purpose.
This 'crisis' was engineered and purposely created in order to create the appearance of chaos in the markets. And, of course, the fatcats are getting billions in profit from these events, while giving the bill to average Americans (and those of other countries as well) to pay. In addition to this, when the markets fail (and they WILL fail), these same fatcats have already moved all of their assets out of the financial markets, and into safer investments. Unfortunately, those remaining in financial assets will see their investments plummet in value. This is the theft, but people have to be perceptive to actually identify the 'sleight-of-hand' theft process. It is subtle in its execution, but the theft is a complete confiscation of the value of the investments that people have made. In short, your $100,000 may still have a nominal value of $100,000, but the purchasing power will probably be closer to $50 once their process is complete.
This may sound incredible, but during the last hyperinflation it was not ridiculous. I will give a brief example. During the Weimar Germany Deutchemark hyperinflation, there were retirees who were living off of the interest from their retirements before the hyperinflation. After (or during) the hyperinflation, people had requested that their retirement checks be mailed to them. The bank said that they could do it, but didn't really wish to do it because--get this--the value of the STAMP that would be required to mail the check to the retiree was more than the value of the check that represented the value of the person's retirement savings! This is what appears to be the plan for the new financial paradigm. Of course, the bankers and other insiders who got out of the game while the money still had value are the ones who have stolen the difference in value of the money. Don't let them steal all of the value you have given over your working years to earn this money!
http://marketoracle.co.uk/Article6614.html
This 'crisis' was engineered and purposely created in order to create the appearance of chaos in the markets. And, of course, the fatcats are getting billions in profit from these events, while giving the bill to average Americans (and those of other countries as well) to pay. In addition to this, when the markets fail (and they WILL fail), these same fatcats have already moved all of their assets out of the financial markets, and into safer investments. Unfortunately, those remaining in financial assets will see their investments plummet in value. This is the theft, but people have to be perceptive to actually identify the 'sleight-of-hand' theft process. It is subtle in its execution, but the theft is a complete confiscation of the value of the investments that people have made. In short, your $100,000 may still have a nominal value of $100,000, but the purchasing power will probably be closer to $50 once their process is complete.
This may sound incredible, but during the last hyperinflation it was not ridiculous. I will give a brief example. During the Weimar Germany Deutchemark hyperinflation, there were retirees who were living off of the interest from their retirements before the hyperinflation. After (or during) the hyperinflation, people had requested that their retirement checks be mailed to them. The bank said that they could do it, but didn't really wish to do it because--get this--the value of the STAMP that would be required to mail the check to the retiree was more than the value of the check that represented the value of the person's retirement savings! This is what appears to be the plan for the new financial paradigm. Of course, the bankers and other insiders who got out of the game while the money still had value are the ones who have stolen the difference in value of the money. Don't let them steal all of the value you have given over your working years to earn this money!
http://marketoracle.co.uk/Article6614.html
Tuesday, April 29, 2008
Mind Control and Propaganda
I found another good article by Devvy Kidd. She says that the mainstream media will be complicit in the next terror attacks. I say that they've already been complicit in all the previous ones. She speaks on the usual media mouthpieces who ridicule and deride anyone who intelligently questions the official 911 attack story. I've spoken at length in previous posts about the glaring flaws and logical inconsistencies regarding the official 911 story, and won't belabor the point here. The bottom line is that the official 911 story has more holes in it than a piece of swiss cheese. If you don't understand this, or worse yet, it shocks you, then you've been a victim of mind control and propaganda. Realize that the most mind controlled individual is the person who most strongly believes that he isn't the victim of it! It literally couldn't work if the subject knew that he was a victim of it!
The importance of this is critical. If they helped to perpetrate the OKC Bombing, the 1993 WTC Bombing, 911-WTC Bombing, and numerous other lies and attacks upon unwitting Americans, what makes you think they aren't going to do it again and again until they obtain the changes in American government and society that they desire to effect? They slowly move society towards the final goal they seek. Gradualism is their greatest weapon because people are highly prone to become accustomed to just about anything. I remember when $1.00/gallon for gas was outrageous. But now, we're pushing $3.75/gallon and higher, and people just go on like nothing has happened. They tell us that inflation is 4%, but readily admit that food and energy (with the highest price increases) are taken out of the calculations. And you calmly think this isn't a result of mind control and distraction???
The average person merely seeks a bit of entertainment and drugs to ease the pain of reality. The unfortunate thing is that the Band-Aids will not solve the growing problems in society, or in our daily lives. The average person can't (or chooses not to) see the connection between the frauds being perpetrated and their effects on our lives. The more apathy I observe in people I know, the more I know that the destruction of America appears to be a done deal. I really want to be wrong about this.
In fact, I may be wrong. Historically, public sentiment can change in an instant. They say that this was how the Weimar Hyperinflation manifested to people that were citizens in Germany at the time. You should read this article on hyperinflation to get a grasp on what could happen in the US and many other countries. From statistics I've been studying, many (if not most) of the G7 countries are massively inflating their currencies. The best thing to do would be to protect yourself from this hidden wealth confiscation by investing in tangible assets that cannot be manipulated (directly) by the financiers.
More to follow...
The importance of this is critical. If they helped to perpetrate the OKC Bombing, the 1993 WTC Bombing, 911-WTC Bombing, and numerous other lies and attacks upon unwitting Americans, what makes you think they aren't going to do it again and again until they obtain the changes in American government and society that they desire to effect? They slowly move society towards the final goal they seek. Gradualism is their greatest weapon because people are highly prone to become accustomed to just about anything. I remember when $1.00/gallon for gas was outrageous. But now, we're pushing $3.75/gallon and higher, and people just go on like nothing has happened. They tell us that inflation is 4%, but readily admit that food and energy (with the highest price increases) are taken out of the calculations. And you calmly think this isn't a result of mind control and distraction???
The average person merely seeks a bit of entertainment and drugs to ease the pain of reality. The unfortunate thing is that the Band-Aids will not solve the growing problems in society, or in our daily lives. The average person can't (or chooses not to) see the connection between the frauds being perpetrated and their effects on our lives. The more apathy I observe in people I know, the more I know that the destruction of America appears to be a done deal. I really want to be wrong about this.
In fact, I may be wrong. Historically, public sentiment can change in an instant. They say that this was how the Weimar Hyperinflation manifested to people that were citizens in Germany at the time. You should read this article on hyperinflation to get a grasp on what could happen in the US and many other countries. From statistics I've been studying, many (if not most) of the G7 countries are massively inflating their currencies. The best thing to do would be to protect yourself from this hidden wealth confiscation by investing in tangible assets that cannot be manipulated (directly) by the financiers.
More to follow...
Tuesday, August 21, 2007
Cannibalism and Slavery
I've had a lot on my mind lately. I guess that happens when you're always trying to figure out what the deal is with this planet. I found another great article that speaks on Economic Cannibalism that has ravished America. This cannibalism is the result of the PTB's efforts to steal as much wealth and value as they can. My personal belief (based on my research) is that the PTB have planned to destroy America/United States for quite some time. This was the only plausible explanation for the economic results that we currently witnessing today. The public policy paradigm being used to run America (into the ground) could not have been any more detrimental if an enemy of America had been at the helm over the years! The article also covers the Housing Market collapse, the credit collapse, and the hyperinflation of the currency.
From what I'm seeing, it would appear that we are in the midst of a financial cataclysm which will be the most prolific in history. The present financial situation in America is horrible, with no signs of hope anywhere in sight. It wouldn't be nearly as bad if we could say that Americans were somewhat awake and aware of the present situation. But the average American is more concerned with entertainment and trivia than about the critical issues that we face today. I believe that a lot of people think that if they just act like everything is ok, it will be ok. That is the attitude of people that are mentally incompetent and cowardly because this life strategy will not lead to success or happiness. There's no way that people can reasonably expect to be well when society is being manipulated by megalomanical factions fighting for ultimate control of the world. In fact, the average person on this planet is an unwitting slave to the PTB.
I surely hope that people will wake up, and that things will not go directly down the drain. But I am seeing very few good signs. On the good side, some people are beginning to wake up. I believe that the rapidly-deteriorating financial and economic conditions are forcing more people to face the facts that I've been talking about for years. More people are beginning to question things and searching for answers. On the bad side, there are still vast numbers of people who believe the propaganda garbage that spews from the mass media sources. Many people are still more concerned about music, entertainment, games, and other diversions from reality. Remember, the mass media is only composed of images (as in imagination), as opposed to reality, which is based on something tangible. Images can always be manipulated. Reality can not. Perception is the mind's link to reality. Perception, also, can be colored. This means that it is our duty to insure that our perception is true to reality, and not manipulated by the people that control the content of the images that are being foisted upon us through television and other media sources.
From what I'm seeing, it would appear that we are in the midst of a financial cataclysm which will be the most prolific in history. The present financial situation in America is horrible, with no signs of hope anywhere in sight. It wouldn't be nearly as bad if we could say that Americans were somewhat awake and aware of the present situation. But the average American is more concerned with entertainment and trivia than about the critical issues that we face today. I believe that a lot of people think that if they just act like everything is ok, it will be ok. That is the attitude of people that are mentally incompetent and cowardly because this life strategy will not lead to success or happiness. There's no way that people can reasonably expect to be well when society is being manipulated by megalomanical factions fighting for ultimate control of the world. In fact, the average person on this planet is an unwitting slave to the PTB.
I surely hope that people will wake up, and that things will not go directly down the drain. But I am seeing very few good signs. On the good side, some people are beginning to wake up. I believe that the rapidly-deteriorating financial and economic conditions are forcing more people to face the facts that I've been talking about for years. More people are beginning to question things and searching for answers. On the bad side, there are still vast numbers of people who believe the propaganda garbage that spews from the mass media sources. Many people are still more concerned about music, entertainment, games, and other diversions from reality. Remember, the mass media is only composed of images (as in imagination), as opposed to reality, which is based on something tangible. Images can always be manipulated. Reality can not. Perception is the mind's link to reality. Perception, also, can be colored. This means that it is our duty to insure that our perception is true to reality, and not manipulated by the people that control the content of the images that are being foisted upon us through television and other media sources.
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