Jack is an alarmist and he likes to breed fear. I believe inflation is going to be a thing. It’s already started but it won’t be the first time we’ve experienced an inflation crisis in this country. We will come back from this. In the meantime...Prepare, prepare, prepare.
Inflation is the creation of the federal reserve fiat currency system. Inflation happens because currency is printed out of thin air and then to pay interest on that they have to print more, and so on.
Its a ponzi scheme. Its gotten runaway. Trump ensured they printed tons and gave a big chunk of it to the people. This ponzi scheme is going to come collapsing and there is no way out of it.
But it has to happen on Biden's watch, and its going to be a surgically precise controlled demolition of the economy that will take out all the bad guys. Thats when the Great Awakening can happen instead of Great Reset. The Greatest Bait and Switch.
Interesting question, need to look it up. But I read somewhere that things like buying a house or a bushel of wheat cost the same in gold/silver today as it did 200 years ago.
One of the benefits of studying history is that when the same events begin to happen, you can predict the ultimate outcome.
Germany's hyperinflation crisis was the result of the Weimar republic massively overprinting the papier-mark to pay off the government's debts. The same is happening here, at first slowly over the past few decades, but now rapidly accelerating. Consider just the $3 Trillion+ bill with no additional revenue. The result will likewise be the same: out of control hyperinflation and the destruction of the dollar.
For now, however, the American Dollar is the world's reserve currency, so there is a collective game of make-believe supporting it and making it artificially stable. Even with that support, however, notice the out of control inflation we're already experiencing. And the other Great Power nations are quickly making plans to replace the dollar as their reserve currency.
How long we can continue this game of make-believe is hard to say. The dollar may crash next month, or we might continue kicking the can for another decade. The only certainty is that it will happen. There's no question of if, but only when.
Jack is an alarmist and he likes to breed fear. I believe inflation is going to be a thing. It’s already started but it won’t be the first time we’ve experienced an inflation crisis in this country. We will come back from this. In the meantime...Prepare, prepare, prepare.
Inflation is the creation of the federal reserve fiat currency system. Inflation happens because currency is printed out of thin air and then to pay interest on that they have to print more, and so on.
Its a ponzi scheme. Its gotten runaway. Trump ensured they printed tons and gave a big chunk of it to the people. This ponzi scheme is going to come collapsing and there is no way out of it.
But it has to happen on Biden's watch, and its going to be a surgically precise controlled demolition of the economy that will take out all the bad guys. Thats when the Great Awakening can happen instead of Great Reset. The Greatest Bait and Switch.
Interesting question, need to look it up. But I read somewhere that things like buying a house or a bushel of wheat cost the same in gold/silver today as it did 200 years ago.
I saw this video yesterday and the guy explained how the system works.
https://youtu.be/3C-KHt9vi5k
One of the benefits of studying history is that when the same events begin to happen, you can predict the ultimate outcome.
Germany's hyperinflation crisis was the result of the Weimar republic massively overprinting the papier-mark to pay off the government's debts. The same is happening here, at first slowly over the past few decades, but now rapidly accelerating. Consider just the $3 Trillion+ bill with no additional revenue. The result will likewise be the same: out of control hyperinflation and the destruction of the dollar.
For now, however, the American Dollar is the world's reserve currency, so there is a collective game of make-believe supporting it and making it artificially stable. Even with that support, however, notice the out of control inflation we're already experiencing. And the other Great Power nations are quickly making plans to replace the dollar as their reserve currency.
How long we can continue this game of make-believe is hard to say. The dollar may crash next month, or we might continue kicking the can for another decade. The only certainty is that it will happen. There's no question of if, but only when.
I recommend some Gold, more Silver, and lots of Lead ;)
I thought they were calling it "stagflation"
"My handlers told me what they're going to do next."