Hyperinflation Is Guaranteed – The US Is Beyond Bankrupt

I read the following on zerohedge last week. It’s a tweet from New Zealand tech CEO, Kim Dotcom. He presents the ‘big picture’ of the apparent trouble we’re all in. You may find it interesting. Here it is…

This may be the most important thread I ever make. Big picture stuff about the major global collapse that is coming.

I will try to help you understand why the future is not what we’re hoping for. It’s worse than most can imagine.

Our leaders know.
But what are they planning?

The United States did not have a surplus or a balanced budget since 2001. In the last 50 years the US only had 4 years of profit. In fact all the profit the US had would not be enough to pay for 6 months of the current yearly deficit. So how did the US pay for things?

US spending and debt have spiraled out of control and the Govt can only raise the money it needs by printing it. That causes inflation. It’s like taxing you extra because you pay more for the things you need and all your assets decline in value.

The reason why the US got away with it for so long is because USD is the worlds reserve currency. Nations everywhere hold USD as a secure asset. So when the US Govt prints trillions it’s robbing Americans and the entire world. The biggest theft in history.

The problem is that this has been going for decades and there’s now no way to fix it. The reality is that the US has been bankrupt for some time and what’s coming is a nightmare: Mass poverty and a new system of control. Let me explain why this isn’t just doom and gloom talk.

Total US debt is at $90 trillion. US unfunded liabilities are at $169 trillion. Combined that’s $778,000 per US citizen or $2,067,000 per US tax payer.

Remember, the only way the US Government can operate now is by printing more money. Which means hyperinflation is inevitable.

The total value of ALL companies listed on the US stock market is $53 trillion. The real value is much lower because the US has been printing trillions to provide interest free loans to investment banks to pump up the stock market. It’s a scam.

Most of the $53 trillion is air.

The value of all US assets combined, every piece of land, real estate, all savings, all companies, everything that all citizens, businesses, entities and the state own is worth $193 trillion.

That number is also full of air just like the US stock market.

US total debt
$90 trillion

US unfunded liabilities
$169 trillion

$259 trillion

Minus all US assets
$193 trillion

– $66 trillion

That’s $66 trillion of debt and liabilities after every asset in the US has been sold off.

Do you understand?

So even if the US could sell all assets at the current value, which is impossible, it would still be broke.

The US is beyond bankrupt.
This patient is already dead.
This patient is now a zombie.

You probably wonder why are things still going? Why didn’t everything collapse yet.

It’s all perception, denial and dependency.

The perception is that the US has the largest economy and the strongest military in the world. But in reality the US is broke and can’t afford its army.

The denial is that all nations depend on a strong USD or global markets collapse.

The reason why the US zombie keeps going is because the end of the US is the end of western prosperity and an admission that the current system failed as a model for the world. It doesn’t change the reality. The collapse is inevitable and coming.

What are our leaders planning?

You may have heard about the ‘great reset’ or the ‘new world order’. Is it a controlled demolition of the global markets, economies and the world as we know it?

A shift into a new dystopian future where the elites are the masters of the slaves without the cosmetics of democracy?

Without a controlled demolition the world will collapse for all, including the elites. The world has changed so much and nothing seems to make sense anymore, the blatant corruption is out in the open, the obvious propaganda media, the erosion of our rights.

What’s the end game?

[ Ken adds: Many of us know their planned end game. It’s in progress, right now. We are living in an extremely precarious time in world history. And many do not yet realize it… ]

[ Read: Rampant Inflation Will Trigger A Crime Tsunami ]


    1. no we both the us and other western country’s will need to eat the whole sandwich and there will be compulsory seconds lol . times will get hard and i no longer care done the best for me and mine . the rest of the world can take an extra bite of the sandwich at my expense !

  1. It is interesting that a lot of countries that suffer this malady tend to have…. problems…. with their government if you know what I mean. Weimar Germany, Argentina, etc. My concern is what do I need to do to come out on the other side, get through the roughest time of the event, and thrive afterward. Crystal ball anyone?

    1. Deep South,
      my crystal ball broke about two years ago. the only things i can suggest is to be debt free, have some cash money put back, and have a sustainable food and water supply.
      our future is so uncertain now nothing would surprise me anymore. nuclear war is not off the table now.

      1. Scout
        If true hyperinflation happens having money put aside isn’t going to help much. Food and water is a must. Debt free is also. Maybe some silver and gold. Also a way to protect what you have

        1. Poorman,
          i was thinking about property taxes and such for cash on hand, most courthouses won’t take silver or gold in payment. i have enough put back in cash for several years of taxes. taxes are not to bad in my area.
          property tax on my 30 acres, a small house and two barns were 404.00 last year with a homestead exemption, i ain’t bitchin about it. if i should somehow live to be 70 they will drop altogether. eight more years if i make it.

        2. Ammunition can be traded for canned goods. Essentially, the new precious metals. Weapons and cleaning supplies. Extra parts.

          Some moderate amount of cash.

          Silver is more tradeable than gold.

          Gold is for rebuilding after the collapse.

          Rainwater catchment and a good filter system. Even if it’s only a large Berkey gravity filter.

          As many have said, pay down or pay off debt. In particular the house and cars.

          Dried and canned foods. Use them after the freezers are empty. Spices are crucial to make otherwise boring beans and rice more palatable.

          Sorry, you guys preach this daily. Just thinking out loud.

        3. Jade Man,
          I my opinion, never trade ammunition or guns… Once I have the ammo, I come back and take my canned goods back, along with your other ammo and everything else. (using the collective “I”, of course for the sake of the example)

        4. Poorman,
          Sorry hit the post button too quickly. We are already in a state of hyper-inflation. prices on many things are being changed in some Walmarts hourly or multiple times a day… that my friend IS, hyper-inflation. All we as a group can do now is to purchase tangible goods and food goods and hope for the best. Gold.. for rich folks, take a bit of those nearly worthless Fed notes and pickup junk silver, US pre-1965 coins, never mind with the bars.. smaqll denominational buys are done with minimal barter.

        5. K–bay
          I agree with you on all but the hyperinflation. It is starting but not here yet. 10 – 20 % inflation has happened before. When things start doubling overnight it will be true hyperinflation. i was at Walmart Sunday and was amazed at the increase in prices in the last couple of weeks bet they were still doable. it’s going to get real bad soon I think

  2. I’ve been hearing a lot about rice shortages; one half of the “rice-n-beans” survival staple. Wife and I visited an ethnic market on Sunday that sells a lot of rice. Normally they have one full side of an aisle, end-to-end with varieties of rice and overstock on pallets in the front. That entire rice aisle was GONE; filled with other useless stuff. What rice they did have was stacked on four pallets, two each side of the premium liquor department, next to an armed guard. Strange… I grabbed my overpriced sack of Calrose under watchful eyes and got about my business.

    This morning I’m looking at WMT website. Nearly all of their “Great Value” store brand rice is gone and Mahatma is getting thin. This, of course in addition to numerous other categories now out-of-stock at Wally’s. Certainly I am preaching to the choir here, but double-check the stuff you use regularly. Sometimes I am surprised how fast we burn through stocks of certain things.

    That said… what does everyone suggest to try and survive a dollar collapse? Where are you moving your liquidity?

    1. Rice is one of if not the most important staple for most of the world, it is definitely at the top of my list, will go a long way to keeping one fed, many other ways to prepare,
      IMHO, the single most versatile and important grain above all others.

        1. I can live on riceballs and pickled veggies,
          Short walk at 5:00 am and can add venison to that,
          Hell, there are so many wild chickens around i just need to set up some nesting boxes and coax them in with old fruit or greens and there will be eggs if my chickens stop laying.

        2. k-bay – “Beans, beans the magical fruit; the more you eat the more you toot; the more you toot the better you feel, so eat your beans at every meal”.

          — Yeah we had to be bribed to eat them in the medieval days before Beavis and Butthead.

        3. Tmac,
          now if only we could can the resultant of the “magical fruit” for power, light and fire! Toot toot!

    2. @ Tmac & Deep South “what does everyone suggest to try and survive a dollar collapse? Where are you moving your liquidity?”
      Stay in CASH for now I know ride the inflation pony look for deals in hard assets. Gold and silver on the way down for now if you can afford it wait till it bottoms out and it is a deal.
      The following are safer bets… If the system is still functioning. That is a big IF.
      Commodity miners that pay out dividends. Think useful metal commodities on the periodic chart of elements. Also Food & beverage ETFs of course after it bottoms out. Dollar General, major brewers think Miller Coors, companies that provide services and products for lower income people, when on sale… over valuated currently..
      Who did good business during the great depression? Campbell Soup Co. Coca-Cola. Made in the US co.

      Personal stash Go long on tools, diesel, tractors, old trucks, New Chainsaws, Air compressors, Air tools. Tools that break often and need to be replaced by contractors. You can trade later for services with said contractors who are belly up and desperate for work because they got stupid and purchased the $80K shiny pickemup truck.

      I have been running my own landscape design/install business working for very wealthy clients and now I am at a stand still. Not a whole lot coming in.
      It is quiet out there but I have anticipated this collapse coming. I ate while the eatin was good so I have no regrets. Good Luck.
      Let the the MFer Burn!
      BBBB in order Beans, Bullets, Bobrun, Bullion.

      1. I think about the examples from the Wiemar Republic where people who had stocks and bonds that paid a good dividend wound up with nothing because x number of Reich marks in year one wouldn’t buy anything in year 5 of hyper inflation. Actually many former wealthy people sold their possessions (tangible goods) for enough to survive on so your advice on the “personal stash” is pretty much on the mark. Just think of what people will need in such a situation.

        1. Deep south,
          yep, hence the photos of kids with wheelbarrows of banded “reichmarks” to buy a single loaf of bread, during the Weimar republic period. This was the generator for Hitler’s rise to power.

    3. California is the second largest producer of rice in the USA. Due to drought a lot of the farmers aren’t planning on growing this year. India is thinking about not exporting rice and they already stopped exporting wheat. Not a good sign

    4. Bought a 20 lb. bag of Mahatma Enriched yesterday for $9.99. Be interesting to see if it stays in stock. Pleasant Hills Grain has a 40lb. bucket of long grain organic rice for $148.00, $10 shipping depending on the zone. These white buckets are sealed and ready for storage.

    5. Tmac,
      Hard assets of all types. And though inflation is eating away at it, gotta keep some of that liquidity liquid. I believe (personal belief – not advice) that cash may be king for a bit yet. I’ve read number of accounts of stores not having credit/debit card systems working and some big box stores only taking cash when these outages hit. And I’m seeing a lot about banks cutting their branches/services/open hours – so it makes sense to be ready for times when we may not have access to our funds on deposit. If we don’t hold it we don’t own it.

    6. TMac: was an article I read a couple of weeks back stating that the Sacramento CA area (which is large rice growing area), that due to the state cutting off water, 2/3 less rice was to be planted.

  3. This time has been foretold millennia ago, read the book of Revelation, chapters 6 (including messages about wars and plagues) and chapter 13 are the messages about severe economic calamities and dependency on the “beast” system, even the allusion to bio-metrics Rev 13:17. Matthew 24:21 “For then there will be great distress, unequaled from the beginning of the world until now—and never to be equaled again.”
    Learn and prepare as prudently as possible. Pray for wisdom and the understanding of Truth. Trust your life into God’s hands. After these times there is Redemption and Restoration. May you have Living Hope!
    Good Shepherd bless and lead you all…

  4. Its not just the US, there are many countries the world over in the same boat, in fact most of the so called developed world,
    IMHO, its because of mis management by the political class o knuckleheads,
    This is what i see as a huge aim of this so called great reset, the true elites, the uber wealthy, are rubbing their hands together at the prospect of taking over where the political elite have failed.
    Mind you, none of this is good, but they will be the “saviors” when all these countries implode, many will welcome their intervention as a little bread will fill their empty bellies, this in my opinion is why things are accelerating, why they are on board with vaccines, why they have their secret meetings and secret societies, they see the mis management, they know they cant feed everybody, they do know its going to be ugly. I wonder how many of these political class who are the cause of this mismanagement will be dealt with harshly by private contractors, at this point i believe they are involved for no other purpose than unwittingly providing intelligence to the true world elites. These elites have no use for legions of dependent intentionally poor and gimmedats, they do have use for prudent independent thinkers, entrepreneurs, savvy business minded as well as solid hard workers. These people are not ignorant.
    Collateral damage, it is inevitable, this is a truth.
    Just another way of looking at this, i believe these true wealthy elites have no use for grifting politicians for any reason other than as useful, disposable idiots that they almost all are.

  5. For a short term leverage against the electrical “green out” planned cost inflation rise, consider signing up with your electrical provider’s “Cost Leveling Average” program. Ideally they would average all the past years electrical costs into an average cost per month. This would protect you in the short term against the instantaneous cost hikes that are going in effect now. Be careful, some leveling programs average usage and not price. Do NOT participate in usage leveling.

  6. California is the second largest producer of rice in the USA. Due to drought a lot of the farmers aren’t planning on growing this year. India is thinking about not exporting rice and they already stopped exporting wheat. Not a good sign

    1. Buy only USA rice of possible. Some countries fertilize with human waste.

        1. Chuck,
          some may do it but is against the law in all states, it’s an enormous fine if they get caught. EPA and all that, it’s against all state’s health codes. some may do it to keep from having to pay fee’s to dump in the municipal sewage plants. they charge a fee to dump sewage. a service in our area that had been in business for years was caught dropping it down city manholes last year. it cost them their business. the EPA and the state health dept jumped on them with both feet.
          not cool. it is a real health hazard to dump that sort of thing in fields.

        2. scout,

          Thanks, I was about to post similar. A Porta-Potty commercial vendor was caught dumping effluent waste into the Elm Fork of the Trinity River south of Dallas back in the 90’s…lost everything, huge fine and civil penalties and a stint in federal prison.

        3. Chuck, Scout, Dennis,
          I presently work for a “bio-solids” company. The only thing anyone should be spreading on fields is stabilized sludges that have had significant testing and EPA and State approval for “land application”. If you see some “honey-dipper” unloading in a field, get a picture and call the law/ health dept.. that clown is causing serious damage to the ground water system, same as poisoning the water.

      1. Mrs. U,
        if buying foreign, buy Japanese “koshihakari” rice. I can assure you they do not use “night soil” as fertilizer. I usually purchase koshihikari grown in either Yamagata or Niigata, found this to be the most tasty. My parents in law both grew up in Yamagata, and I have spent enough years in Japan to assure you of this. Just tryin’ to help.

        1. K-bay
          If i was to be going to a foreign country, Japan would be my choice, very zen, the food, the traditional architecture, the simplicity, functionality. I could see living in the country, working a garden, being a wood worker, and living a very simple life. Huge respect for true traditional Japanese culture.

        2. Kula,
          Yep, I’ve been fortunate to have lived there and return yearly to visit, clean and pray at my wife’s ohaka (grave) and I have been to many
          places and countries on this little blue ball…. my choice will always be the land of the sun and my homeland. I see that you and I share an appreciation for the garden, architecture and the wood working, I AM ALWAYS MESMERIZED AND STOP TO WATCH AND TALK TO JAPANESE CARPENTERS AT WORK, I enjoy the simplicity of their tools. If you and I sat down together, I could spend a while sharing with you about the tools they use daily. One other thing about Japan, is that people don’t have a cupboard full of canned goods, canned goods are in the box in the car as evacuation goods, we always shop for fresh food, multiple times each day. A Shinto priest once told me, “to live simply, is to not carry too much baggage into the next world.” Nihon wa, sugoi desu ne”

        3. K-bay
          If you havent already, get ahold of A book about George Nakashima, title is Soul of a Tree. Really interesting reading, inspiring. I enjoy his simplicity yet extremely functional and modern styles.

          The dayly struggle to keep the bills paid gets in the way of being able to immerse ones self in the pursuit of the many arts that bring true peace. Can still try, its tough

    2. Poorman,
      The state has cut off the water for the farms and has diverted the reserve waters down in to the delta and into the sea.
      See Cali water info for farms and farmers.

  7. Time for starvation, riots, gun grabber bureaucrats, … so live in a declining civilization or

    Millions of citizens must rise up and kick out all government and agencies with a return to the limited government set out in the Constitution. This means the government hogs. the elites. the welfare bums, … will resist with everything they have like corrupt agencies and woke military.

    The goal to save the country must include closing the borders, default on debts, self-sufficiency, work or starve for the able bodied, bring all military back, present an overwhelming military threat to any country waiting to take control, …

    There is no other way to save what our forefathers worked to create.

      1. Hey Nail Banger, all is good here. Lots of rain but no flooding yet. Garden is growing well. Bunkered in and have lots of popcorn, but if the “quite man” finally gets of the couch, I would join the millions to take the country back.

        1. Good to hear Hermit, it does seem like you folks have been wet, the satellite weather feed i check every day shows the pacific basin and PNW, lots of moisture.
          I am wondering if we really have the resolve to take anything back. Some days i have serious doubts.

    1. I love your statement. I am not sure it can be accomplished at this point. It feels like every man for him self now, but if it could happen it would take a change in a lot of peoples attitude. Americans are resilient and when push comes to shove they will stand up. The masses are waking up now every day. We need people like you to help us to recognize what has to be done. Thank you,

  8. I hope that MSB visitors and regulars are ahead of the average family when it comes to financial preparedness. We’ve had lots of articles here about paying off debt, recognizing the weaknesses in our economy, investing in certain types of hard assets, and the financial warning lights that have been flashing at all of us for a while now. Frankly, I’m surprised we’ve made it this long without major consequences.

    But, it sure looks like this slow-motion build-up to a wreck is now picking up speed. All of the feckless decisions our “leaders” are making (or having made for them) seem to all be to our detriment. Too many to be accidental, or mistakes. No way one group causes this much damage to a nation in this short of time without having meant to do so.

    I think now it’s a matter of each of us doing our best to hang on and keep ourselves and those we care about as far out of harm’s way as we can. And by harm I mean the physical, financial, mental, emotional and spiritual challenges that lie ahead. I am a person of faith, and find myself spending more time than ever in thought, meditation and prayer; I pray for strength, courage, wisdom and insight/foresight to recognize, understand and cope with whatever lies ahead.

  9. A good movie now playing on Amazon Prime called “The Coming Convergence” talks at great length about the coming economic collapse as well as the final 500 biblical prophecies that are due to happen now that we are in the final generation. Many of these prophesies are supposed to happen simultaneously and/or back to back. I watched this movie a few months ago but this thread prompted me to give it another viewing.
    It’s not all doom and gloom, the final message is comforting. 👍

  10. hermit us,

    Just finished reading T.L. Davis latest post, “When?”. I’m afraid you’re both right. If there are elections this fall, and I have my doubts about that, they will be rigged by the current regime. What’s to keep them from not being so? A while back, I shared a link to an article entitled “What the Progressive Socialist Liberals have in Store for Conservatives”. I hesitated to share it, as it’s deeply disturbing to contemplate. Everything seems to be moving at breakneck speed in that direction, though. Never, ever give up your guns. They’re the only thing standing between us and the outcome that article makes plain. It’s gonna be hard enough without becoming fish in a barrel.

    1. Farmgirl, I also agree the elections will be rigged. Not one Dem in state or federal elections appear to be concerned about losing. Oh, they’ll sacrifice a few newbies, I think. The big guns will return to D.C. I think. Personally, I can’t bear much of the news anymore, just a quick scan. Biggest news today (so far): Caterpillar moving corp. headqrts OUT of Il. To Texas.

  11. Farmgirl,
    100% on maintaining self defense measures.
    Saw a video blip where Trudeau insisted that Canadians had no need for self defense weapons. They are no longer even trying to hide their intentions. They being the globalist elites.

    1. Hypothetical question: Do you think Trudeau believes soon HE will be needing self-defense weapons?

      1. Sorry, my fevered mind running. I don ‘t want ANYONE out there using anything (with caliber) to hurt anyone else. Just use the power of the pen, the press, your voice, to take them out of public office. Use all social media and have everyone you send to do the same. Expose true records: Did he/she/them/they vote for gun. controll, abortion, against term limits, etc. Publicize everything. Tell everyone to do the same. We only have a few months. Back to tx and rest.

        Stand, my spring/summer garden is toast. Leaving a few things (very few) ripen to seed. I’m spending more moments listening to the will of the Lord, maybe I should depend more on Him and not myself. I, too, was going to have an ‘epic garden… late heavy rain,, cold and high winds destroyed it all. In faith yesterday I staggered out to my sweet potato boxes and replanted the new sweet potato slips. Hope we get a harvest come Halloween. Praying on God’s blessing. Last to replant in the new garden: Italian Corona beans (sprouting first), and some earth piles of Butternut squash. Left all the volunteers everywhere the mice left them. Hopeful..

        1. Yep, we officially declared our spring/summer garden toast last weekend. High winds,temps 100+ for a few weeks now. What didn’t get blown over burned up. Still got some cowpeas to put in the ground. Rains should be starting in several days. 111° for tomorrow with a possibility of 114 this weekend. Next planting season is in October for the fall/winter garden

        2. I am with you. here in my area the garden is burning up so fast. Temps over 100 daily now with no rain in the forecast. Fall can’t get here soon enough.

      2. DJ5280,

        Good morning. I understand your frustrations, and yes, the so-called “elites” (uber wealthy and the politicians they’ve bought to do their bidding) will always be protected by hired guns 24/7. They see no distinction between a cashier at the Kroger and the rapist/robber wanted for murder…they consider everyone a threat to themselves and their fortune. I truly believe that was what endeared Trump to the working-class good folks…his ability to at least appear to care about their plight.

        The so-called “elites” paranoia and inability to relate to the “common man” fuels their fear of guns in the hands of the “unwashed”. They fail to see the hypocrisy of flying around the world in private jets burning fossil fuels by the ton, not gallon, while lecturing us on the selfishness of wanting to use our own cars and trucks.

        Remember the words of the evil senator in the Mark Wahlberg movie “Shooter”? “There’s only so many seats at the table” (people who have a say in things) and “There’s no such thing as right and wrong…just the haves and the have nots”.

        I don’t begrudge wealth…I never have judged folks by their pocketbooks…but you better believe that some evil people do…and if you don’t measure up to their standards for a seat at the table…you are no more important than a cockroach in their eyes.

        But…life is good on the mountain, where everybody is a king…and armed.

        1. Dennis
          It seems that people can not learn from history. Some of the words change but distain for the lower classes by the “elites” never change – now instead of saying “they can eat cake”, they now say “they can buy electric cars” to avoid the pumps.

        2. The reason the “elites” see no difference between the cashier and the mass murderer is that they do not consider either of them human. When you see a bobcat around your house, do you stop to ask if it’s actually responsible for any kind of carnage? No, you get rid of the threat. Since it is CAPABLE of being a threat, you take care of the problem.

          They see us no differently. It’s not because of their “wealth,” but because they have been trained for generations to believe that no one outside of their clique is truly human. The rest of us are just animals, to be used and discarded for their purposes.

          I think I’ve talked here about the young man I ran into many years ago who spent some time telling me about all the plans to bring the population down. He displayed a total disregard for humanity and a level of arrogance that HE was important and therefore HE would be one of the survivors.

          It was chilling. Nothing I said got through to him. That is what we fight against with these people. To them, we are cattle at best.

        3. Lauren,

          That is exactly right. Unfortunately, we’ll be busy dealing with the other ‘animals’, exactly as planned. Out of chaos, order. I believe that’s one of the elite mottos, non-latin version.

        4. “To them, we are cattle at best.”

          An interesting choice of words considering what has happened in recent days out in the SW region of your recently adopted state. A bit prophetic on your part, perhaps? Let’s hope not.

  12. I am with you. here in my area the garden is burning up so fast. Temps over 100 daily now with no rain in the forecast. Fall can’t get here soon enough.

    1. Man on foot,
      same here, hot. i bought some cajun verity tomatoes to try this year, they were marketed as being more heat tolerant. they didn’t last as long as a fart in a tornado. the better boys are looking ok, but nothing to write home about. peas, squash and everything else is holding on. 30% chance of rain is forecasted here for the next few days, i’m keeping my fingers crossed.
      good luck with everything

  13. For a possible view of Amerika’s future, look at Venezuela. And look who stayed on top of the heap: The Military and the police agencies. They did not suffer. They took their debt bucks and did whatever their paymasters told them to do. The rest of the sheeple ate dogs and bugs. Plan accordingly.

  14. As with fuel, if you can store it, buy as much as you can of TANGIBLES now. Don’t just think of food. Think of fluids for the truck and the tractor. Think of soap. Think of clothes and shoes. …Think of PVC irrigation pipe. Last week I needed a 1.5″ PVC elbow. I had to go to two “home improvement centers” and two neighborhood hardware stores before finding one! And the price! I used to bitch about having to pay $1.50 for one of those things. THAT.ONE.ELBOW cost me $4.29!!! This is the way it’s going to be. If you think you’re going to need it six month from now and can afford to, buy it now!

    …It makes me laugh; the “president” keeps saying the economy is doing well. Mr, Empty CHair, the only reason people are buying things now is because if they don’t they’ll pay double for it a month from now! …Damn that arrogant ass…

    1. You think that’s bad? I just paid $92 for a “must have” 8″ irrigation pipe 90° fitting. Time to hit the tire shop and pick up some free used inner tubes for future repairs.

  15. And those who got us here keep getting re-Selected and not jailed.

  16. How does the Fed action yesterday cause the dollar to gain strength relative to other currencies? Is it just bond yields? How boring and irrelevant to most people… Mr./Zi/Zer, Lagard is tripping today, calling an emergency ECB meeting because the euro may fall below dollar parity. The Japanese Yen has pulled an Amber Heard. PM’s are still moribund in an inflationary period which could well exceed the magnitude of the ’70-’81 period. Several large countries have dumped the dollar as an instrument of trade. How is our dollar “gaining strength”? Thanks in advance to anyone able and willing to share the education that I missed.

  17. Tmac,
    I believe the ultimate goal is to destroy the trust in ALL current world currencies in order to establish a universal, global currency that all nations will adopt. A one world currency can be regulated, controlled and manipulate by the New World Order based on individual ESG scores which is all part of the WEF’s NWO plan. If they must crash the global economy and it’s various currencies in order to bring their new global currency online which will be in the form of crypto and Bitcoin was merely a testing phase to work out the bugs, kinks and to get early participation in using and trading on the platform. Interesting that China and Russia are returning to a gold based standard while the US dollar is based on ink in a printing press.

  18. RC,
    190 banks are following 40 major central banks in gearing for a CBDC, (central banking digital currency) That what bidum’s Executive Order # 14067 is about.The order reads as a feasibility study, but sets a date for it, with an implementation date of 210 days after the issuance of the EO. That makes it October 4, 2022. Geez, what timing…

    Ah yes the gold thinggy…thus the need to destroy Russia which is the goal of the globalist at the moment, they’ll deal with China after that.

    1. Thanks for the info. It further confirms my line of thought and while conservatives are focused on watching the right hand (take back the House and Senate in November and ALL will be fine and dandy again), the left hand (which includes many of the Republicans that conservatives will be reelecting) are getting ready to snatch the rug from under the American dollar while at the same time trying to destroy the Russian Ruble and the Chinese Renminbi. FUBAR and SNAFU all in one.

    2. k-bay – It seems you know quite a bit about this. If you have the time and inclination can you speculate, guess or opine on how this CBDC switch will go down? Clearly bank accounts will just be a decimal flip. What about paper cash, let’s say if someone lost trust in the banks and withdrew everything before the switch? Deadline to turn it in?

      You also mentioned “gold thinggy”. Could you expand on that?


      1. Tmac,
        Regarding the executive order, the wording makes it sound like it’s a study of the idea of a CBDC, but reading it you get to the
        paragraph that dictates a specific date for it to be implemented, “210 days following this order.” That being said, from date of EO
        issuance + 210 days = October 4, 2022. If you happen to note yesterday or the day prior, Powell made a public statement about the FED
        looking into a digital currency as the replacement to the current coin/bill format to help to ease the inflation in the US. In my opinion
        uneducated as I am, I think that decimal placement will hold devastating results for most in order to gain a general dependence on the
        government as well as total financial control. Play they way, or you don’t get to play at all. As with the defeat of Germany in round 1,
        those that suffered the Weimar period, the paper currency became virtual toilet paper (is 600 trillion piles, enough?) As to the
        gold “thinggy” with the Russians backing the ruble with gold, and the Chinese doing the similar in commodity basing the rhumbini,
        and contemplating the gold backed yuan, the WEF plan is encountering a road block to the “world (CBDC) currency”, hence the need
        to “destroy” Russia and eliminate that particular roadblock, then China is next. Of course, this is only my speculation.

        1. k-bay, Thanks for the great explanation. I too am uneducated; perhaps that’s why I can still think. I suppose my immediate concern is what has realistic value in a CBDC world? Maybe you have ‘stuff’ that could be liquidated in an emergency, for cash to take care of a problem or debt. How does that work? You back up the truck to purchase my pile of scrap steel, then what? Do we tap phones to transfer funds? Do each of us get visited Monday morning to rule out a drug purchase? Do our tax returns get flagged to make sure uncle got his portion of that private party transaction?

          This really brings home Herr Schwab’s promise that we shall own nothing, and be happy. In the near future, we won’t even own what we think we own right now, if the market to sell it passes through the big daddy. I may get my door kicked for this, but I’m ‘Fed’ up… here banging away on my keyboard at 22.30 on a Saturday night.

          You mentioned China. They had that country locked up years ago where everyone pays with a phone tap via WeChat or QQ, except foreigners aren’t allowed to use that part of the app; I used to get cussed out by teenagers in stores who had to drag out a box of paper money and coins to make change for my cash purchases. I see that kind of single-generation flip coming here, maybe much faster than that.

        2. Tmac,
          My position of this, I back up my frontier to your steel heap, I load a bed load… and give you a barter item/s of an agreed upon value. Remember, we are as preppers tracked and known, therefore we will not be permitted to participate in the CBDC system. We, must seek out within our community, like minded folks, similar to what Ken has so greatly afforded us here on MSB. We will have to deal in commodities and tangibles. Our world will be barter among a closed circle, i think, safety within that circle. Understand, the Schwabian ethos, 1. a universal basic income with a digital currency signature.
          2. under that system, all things will be rationed, all commodities, food, services and governed under a social credit and carbon taxed score. The idea behind the, “you will own nothing and be happy” is total compliance…. “play or no play” also known as “comply or die.”
          Hope this is helpful.
          3. as you dealt with in the land of the golden emperor, again, CBDC, no more fiat paper or metal, all replaced with fiat digital numbers in a computer system.

      2. Tmac,
        Forgot to address your question on the “federal green and cupro-nickel/zinc” One needs to look at banking regulations which stand in the law.
        Should a bank whom has received a loan from you the “unsecured lender” (read anything you deposit in any sort of account with the bank for a financial institution) should that institution get into trouble, they can 1. shut the doors and deny you access to your deposits (their money now) 2. They may use the money in any manner that at least seem to be responsible, and you have no immediate recourse. 3. Should the bank or institution then fail, you would as an unsecured lender, be the last to get paid back, if you do and most likely you’ll be waiting until hell experiences a hard freeze. Salutations, Tmac!

  19. Tmac and all,

    Capitalisteric on wordpress has an article today about slo-mo-shtf and the endgame, addressing the financial machinations behind our economic crash. Very good overview, imo.

    I don’t think anyone knows exactly what the schedule is for the introduction of CBDC, though many put it at sometime next year. Also speculated that it will be rolled out incrementally, to commercial players, then to those on government assistance of any kind, in order to continue to receive that assistance. I would assume that to mean any kind of benefits, including SS. Being in any kind of debt will not be a good position to have. See eric’s post on why that is.

  20. What do you think is more likely? Everyone watches the US hyperinflate its currency away to pay off the massive unfunded liabilities, or renegotiates them? I think the answer will be somewhere in between. The uber wealthy will position themselves to take advantage of inflation, while gov economic elites try to inflate the debt away but not to the level of losing reserve currency status or risking some large hyperinflation level meltdown, while both groups try to chip away at modifying/renegotiating entitlements as much as politically feasible.

    Prepping takes a lot of dedication – please don’t let this investment of time and energy introduce confirmation bias when you are looking at current events through a SHTF lens. Really, the right prepping here would be how to protect your wealth (quality of living) if there’s moderately high inflation over the next 10-15 years.

    1. To ‘*’, please use an alias name rather than a symbol. Also, Perhaps some here would be interested to discover your opinion on investing during the present and upcoming period of inflation? Where would you put your excess wealth? How are you investing your 401K (for example)?

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