HYPERINFLATION is the Goal To Usher in a New Monetary System. What Will It Look Like?
Massive inflation is the proposal it seems with trillions more to be pumped into the economy. Food prices are rising significantly as we see the inflation at this time. More money, cash, debt, entering the system. There is an influx of capital going into the stock market from institutions, money managers, corporations, individual retail investors, all directions. Very low interest rates, mortgage rates increasing prices of everything.
Regarding Michael Snyder’s prediction here, he’s been wrong many times before, but we’ll see. Joel Skousen has called him out many times, and has been predicting the powers that be won’t allow total collapse so the boiling frogs won’t jump out of the pot.
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This Is The Worst Inflation Since The 1970s, And The Stage Is Being Set For The Total Collapse Of The U.S. Economy
July 13, 2021 by IWB
Michael Snyder
How does it feel to live in a country with double-digit inflation? On Tuesday, the Bureau of Labor Statistics told us that the consumer price index has risen 5.4 percent over the past 12 months, and such a high number shocked a lot of people. But in order to make a fair comparison to the past, we have to account for the fact that the way inflation is calculated has been changed literally dozens of times over the past several decades. According to John Williams of shadowstats.com, if inflation was still calculated the way that it was back in 1990, the official rate of inflation over the past 12 months would be about 9 percent. And if inflation was still calculated the way that it was back in 1980, the official rate of inflation over the past 12 months would be well into double-digits.
“..contrary to history, the Fed is refusing to raise rates to stem inflation—falsely claiming it is only a “temporary” blip. They have always let rates rise before with high demand, but not now. Something different is going on, which tells me there is a nasty agenda afoot.”
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World Affairs Brief, May 14, 2021 Commentary and Insights on a Troubled World.
Copyright Joel Skousen. Partial quotations with attribution permitted. Cite source as Joel Skousen’s World Affairs Brief (http://www.worldaffairsbrief.com).
HIGHER INFLATION IS HERE—AND IT WON’T BE SHORT-LIVED
Federal Reserve chairman Jerome Powell had to acknowledge signs of higher inflation but said he won’t be raising interest rates because this bout with inflation will be “short lived.” This week I will tell you why it won’t be short lived and why the Powers that Be (PTB) actually want a damaging period of inflation as part of their drive to undermine the private economy, discredit free markets and further induce people to demand more socialist controls and higher taxes on “the rich.” Ironically, the middle class could soon find themselves in the higher tax bracket as inflation drives incomes higher. By artificially keeping interest rates low, the FED and member banks are systematically denying people’s savings an honest return on their money, and inducing many to seek higher returns elsewhere, in either stocks or cryptocurrencies. Gold and silver, the traditional hedges against inflation are under continued and constant manipulation in order to keep their prices stagnant, which is also driving even more money into the bubble of stocks and cryptos.
World Affairs Brief, April 23, 2021 Commentary and Insights on a Troubled World.
Copyright Joel Skousen. Partial quotations with attribution permitted. Cite source as Joel Skousen’s World Affairs Brief (http://www.worldaffairsbrief.com).
Federal Reserve Hides Money Supply Figures:
Gold bug Matthew Piepenburg details how the FED is no longer reporting most M1, and M2 money figures to hide all the money creation it is doing. It’s no longer just falsifying CPI inflation figures, but falsifying the debt level as well. As Mark Tapscott reports, the true national debt is $123T, or nearly $800k per person.
World Affairs Brief, April 16, 2021 Commentary and Insights on a Troubled World.
Copyright Joel Skousen. Partial quotations with attribution permitted. Cite source as Joel Skousen’s World Affairs Brief (http://www.worldaffairsbrief.com).
Inflation Rising Fast: Even the heavily manipulated CPI is showing inflation has doubled. That equates to a real inflation rate of near 10% per annum and higher. “The U.S. rate of inflation rose to 2.6 percent, a two-and-a-half year high. [the CPI is normal falsified at a low 1.5%] Consumer prices surged in March as well. Gas led the way with a jump of over 9 percent. [building material prices have more than doubled] If inflation creeps up much more, there will be increased pressure on the Fed to raise interest rates. [Breitbart News] And more realistic interest rates may spell an end to the new housing bubble.
Socialism & Fascism are two sides of the same totalitarian coin, with the latter ideology being an offshoot of the former. While Socialism preaches the State being the sole owner of the means of production, Fascism preaches a partnership of State (Power) and Corporations (Money). Socialism leads to rapid ruin, while Fascism leads to a longer and drawn out ruin. The destination is the same regardless of the speed in getting there. Freedom and free markets are the only escape from this totalitarian vice.
World Affairs Brief, March 5, 2021 Commentary and Insights on a Troubled World.
Copyright Joel Skousen. Partial quotations with attribution permitted. Cite source as Joel Skousen’s World Affairs Brief (http://www.worldaffairsbrief.com).
Will the Dollar Crash? Dozens of free market economic writers and sellers of precious metals are predicting the imminent demise of the dollar, as the speculative markets in stocks and Bitcoin surge to record levels. I too am concerned about the uncontrolled money creation the FED is doing to bailout the elite as well as the common citizen hurt by the unnecessary pandemic shutdowns, but keep in mind that the FED has been secretly creating money for decades far in excess of what their public numbers claim. They have been shoveling trillions out the door to bail out European banks for years, not to mention all the pallets full of hundred dollar bills they have shipped to Russia and Middle Eastern countries to pay off oligarchs and warlords.
None of that is recorded. In short, the pool of dollars is so much larger than any other country, they can inflate with near abandon and not have it come to hyperinflation—at least for now. I think they will use the coming war to replace the dollar, however, for a new world currency (controlled by the globalists).
January 8th, 2021 — historic, devastating day for free speech online. Twitter permanently bans Trump! Rush Limbaugh leaves Twitter in solidarity. [Panel thought Limbaugh was banned too.]
2:29:20 TIM: ‘The reset’ is about recalibrating the people. That’s what they mean by ‘the reset.’
INFLATION/BIT COIN
2:29:30 Tim: the left will snap if they stop getting welfare or Covid payments. The right will snap if the government lets inflation skyrocket, so they can’t keep their businesses going.
It’s not uncommon to hear it said that Jesus was a socialist and that the early Church practiced socialism. None of this is true, and our guest takes us through all the key claims.
“They could not have stopped a Trump landslide without Covid-19.”
“You have to go with the cult, or you have to go with truth. The middle of the road is going away.”
“The invisible virus allows you to do enormous control mechanisms. … If you can get them to do all their work and education online you can literally listen to everything they’re saying.”
“The ruling class is getting its way, using largely bogus science and state coercion at the expense of our health, our families, our religions…, our right to travel. … The only people who are winning from these lockdowns are the ruling class.” – Jeffrey Tucker
https://www.youtube.com/watch?v=o8QhgZcqz-U
Gates Says No Normal Until 2022, U.S. Billionaires Increase Wealth by $1 Trillion Since Lockdowns
Seeing that the world is buried under an unprecedented mountain of debt that is requiring more and more central planner intervention to keep from imploding on itself, Jim says history is clear on what happens next.
A clearing of the debt either via massive default, or destruction of the currency it’s denominated in.
He looks into the future and sees a terrible reckoning ahead; one he predicts will be “the worst economic crisis of my lifetime” — and Jim is 78 years old.
So where should investors look to preserve the purchasing power of their wealth against what’s coming?
Jim highly recommends precious metals and other commodities as an important part of the solution. As an overall index, commodities are the cheapest they’ve ever been vs the general stock market in over half a century.
Like many of the previous guest experts on our program, Jim maintains the near-term environment will be one of the most challenging times to invest in our lives.
Which is why he’s emphatic that now, more than ever, is the time to partner with a financial advisor who understands the risks in play, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate.
M1 is made up of demand deposits and savings deposits held by the public. M2 consists of all cash in circulation plus money market mutual funds.
26:25 M1 money supply is at a record high. M2, cash in circulation is at a near record high.
30:30 Actual inflation right now, if it was measured the way it used to be is 9%, while the government says it’s 2%.
41:30 “The thing to watch here is the magnitude of the deficit spending, the stimulus…. The deficit spending is now out of control. The ratio of the deficit to GDP … is the highest level we’ve ever seen.”
There are many people who will tell you that JFK was assassinated because he was trying to end the Federal Reserve and replace the Federal Reserve note with silver certificates. Not only is this not true, it’s the exact opposite of the truth. Join James for this presentation to the JFK Lancer conference as he separates fact from fiction in the JFK assassination investigation.
Serious inflation inevitable because the unconstitutional private ‘Federal’ Reserve Bank is unconstitutionally printing way too much money from nothing.
As I watch Brian watch the stock market ending today, I’m thinking: how many people will commit suicide as they watch the market go down day after day — in the name of hospitals not being overwhelmed?
“We’re well on our way to an inflationary depression.”
“People lose their senses in mobs, and it takes a period of time [to wake up], because they only regain their senses one person at a time.”
“We’re verging on something closer to fascism [compared to socialism].”
$23 trillion in debt, and they’re talking about spending $trillions for bailouts, [after they’ve already spent $trillions pumping money into the stock market during this crash.]
The US imposed sanctions on companies working on Russia’s massive flagship gas pipeline project to Germany. Putin has now retaliated:
“The Kremlin has decided to sacrifice OPEC+ to stop U.S. shale producers and punish the U.S. for messing with Nord Stream 2.”
Two article below explain the drama. Kurt Richard Haskell summed up what’s going on:
I don’t think they’re blaming two separate parties. Saudi Arabia wanted to raise prices but Russia said no, we’re keeping prices at $45 per barrel, which resulted in the first article. Later, Mohammed Bin Salman and Saudi Arabia threw a temper tantrum over this and decided to drop prices way lower than what Russia wanted. Saudi Arabia responded to Russia by making prices so low that its competition will go bankrupt. It’s now a race to the bottom in the oil industry. One article is before Saudi Arabia responded and one article is after it responded.
