TRUMP SAYS: HUNTER MAKES FORTUNE FROM SHADY DEALS!
BIDEN FAMILY STINKS TO HIGH HEAVENS OF CORRUPTION!
DON'T GET LEFT OUT: HUNTER MUST BE STOPPED!
This article was originally published by Michael Snyder at The Economic Collapse Blog.
If we keep treating the U.S. dollar like it is toilet paper, it is just a matter of time before our entire financial system goes down the tubes. At this moment, the dollar is still the primary reserve currency of the world and the fact that we control it is an absolutely massive advantage for us.
Because the rest of the globe uses dollars to trade with one another, that creates a tremendous amount of artificial demand for our currency, and it keeps the value of our currency elevated at a level that is much higher than it otherwise would be. But now that we are starting to act like the Weimar Republic in their heyday, it is only going to be a matter of time before everyone else on the planet starts abandoning the U.S. dollar in droves. We are literally killing our “golden goose”, and most Americans do not even understand what is happening.
The remarks that John Williams made about hyperinflation during a recent interview with Greg Hunter have created quite an uproar, but the truth is that Williams is right on target.
We are on the exact same path that Zimbabwe, Venezuela, and so many others have already gone down, and the very foolish decisions that we have been making are only going to end in complete and utter disaster.
To illustrate what I am talking about, I would like to direct your attention to what has happened to M2 during this calendar year. For those that are not familiar with M2, here is a definition that comes from Investopedia…
M2 is a calculation of the money supply that includes all elements of M1 as well as “near money.” M1 includes cash and checking deposits, while near money refers to savings deposits, money market securities, mutual funds, and other time deposits. These assets are less liquid than M1 and not as suitable as exchange mediums, but they can be quickly converted into cash or checking deposits.
As you can see from this chart, the M2 curve has been rising at an exponential pace in 2020. In fact, since the pandemic started the curve has nearly gone vertical…
If we keep doing this, we won’t be facing a major financial disaster years from now.
Rather, it will just be a matter of months before the wheels start coming off.
But our leaders do not have any intention of changing course now. During 2020 the Federal Reserve has been pumping money into the financial system at a rate that we have never seen before, and they have indicated that they plan to continue to support the financial markets as we head into 2021.
And Chicago Federal Reserve Bank President Charles Evans just said that he expects that interest rates could continue to be pushed all the way to the floor “perhaps into 2024”…
Chicago Federal Reserve Bank President Charles Evans said Monday there is still “quite a long ways to go” for the U.S. recovery from the coronavirus crisis, adding that he expects the Fed to keep interest rates at their current near-zero level until perhaps into 2024.
Of course the federal government is going to continue to pump out “stimulus package” after “stimulus package” no matter who is in the White House. This is a point that John Williams made very strongly during his interview with Greg Hunter…
Because they has been so much damage done to the economy, Williams says there will have to be stimulus no matter who eventually makes it into the White House. Williams contends, “Let’s say Trump gets re-elected. He’s not going to have any choice but to increase stimulus to try to help the economy and help people. If Biden takes over, he’s going to have to do the same. He is already promising massive stimulus. Where it gets really scary is if the Democrats can take control of the House, the Senate as well as the White House. . . . The stimulus there is going to be unbelievable. . . . The more radical Democrats will just print the money you need and spend whatever you need to spend it on, and don’t worry about it. . . . Whoever gets into power, there is going to be more deficit spending. It’s just a matter of how radical it will be. . . . There is no way we are escaping massive stimulus for at least the next year and into 2022.”
Virtually everyone likes getting “free money” from the government, but you have probably noticed that the price of just about everything has been going up lately.
And this is just the beginning. According to Williams, we are literally on the verge of a “hyperinflationary Great Depression”…
Williams expects to see some very large inflation because of all the stimulus coming and predicts, “The more left we go, the more rapid will be the demise of the dollar. Eventually, it will be a hyperinflation in the United States. What I am looking at here is this evolving into a hyperinflationary Great Depression. To save yourself, you have to preserve your wealth, your dollar assets. To do that, you have to convert your dollars into physical gold and silver, precious metals and just hold them. They will retain value over time as opposed to paper dollars that will effectively become worthless. You’ll be getting a lot of money from the government, and they will keep giving you more and more and more, but that’s going to be an environment of rising and rising inflation. It’s not necessarily going to buy you more. . . . Hyperinflation will bring political disruption. . . . Hyperinflation is a form of default. Gold is telling us hyperinflation is straight ahead of us.”
Needless to say, what Williams is saying is perfectly consistent with the warnings in my new book.
To protect themselves, a lot of investors have been pouring money into gold, silver and other precious metals.
At the start of this year, the price of gold was sitting at $1,520.55. As I write this article, the price of gold is at $1824.00.
And actually the rise in the price of silver has been even more dramatic over the course of 2020.
Gold and silver will almost certainly keep rising as the value of the dollar continues to be destroyed, but even those that invest in precious metals are not going to win in the end.
Because the truth is that the complete collapse of our financial system is not going to benefit any of us, and there is going to be no way to avoid such a fate if we keep going down this very dangerous path.
***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***
About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com. In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The End, Get Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned) By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe. I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream, and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe. I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article. The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial, or health decisions. I encourage you to follow me on social media on Facebook, Twitter, and Parler, and anyway that you can share these articles with others is a great help. During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.
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A decayed, low trust society has been created by money interests, ever more cheap and petty. So, in a poetic irony, you have damaged the most obvious of financial instruments — a simple coin. There is hardly anything more elemental, archetypal, yet physical gold is treated like something untrustworthy, leveraged by winos and tweakers — steeply depreciated in pawn shops and liquor stores.
“Your riches are corrupted, and your garments are motheaten. Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days. Behold, the hire of the labourers who have reaped down your fields, which is of you kept back by fraud, crieth: and the cries of them which have reaped are entered into the ears of the Lord of sabaoth.”
— from James 5
“They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.”
— from Ezekiel 17
But the end of the world is not (quite) yet, as I look out my window.
If you believe that this unit of measurement is for the present day, use it on invoices, in whichever selling platform. The programming is apparently so commonplace that refugees are told, learn to code. You’re saying, you have a moral, moneywise, community of interest, who knows how to behave, socially. Let’s see it, if it really exists, today.
I wish all you guys/gals a very joyous holiday tomorrow! Make sure you have a great time and hug/kiss your loved ones/family and friends.Instead of practicing social distancing – let us all start practicing socialist distancing and avoid all the tyrants like the plague that they are.Have as many guests as you want and hugs,kisses and much love too.Be as happy as you possibly can and smile.Let’s show the socialists/tyrants we don’t give a fuck about their “rules”. Above all else,tyrants hate to see us happy or having even so much as an ounce of enjoyment,so,everyone enjoy yourselves as much as possible! After the year from hell we’ve all had so far -we ALL deserve to at the very least enjoy our Thanksgiving day/night in peace.I wish everyone who keeps this website up and running a very happy Thanksgiving also. “WISHING A VERY HAPPY THANKSGIVING DAY/NIGHT TO EVERY SINGLE ONE OF YOU GUYS AND GALS” ?Peace?
Absolutely right Darth, beans, bullets and prayers will be the order of the day. Look said the idiot, I have built a palace of gold, but the metal is to soft to prevent bullets from entering, I thought I’d be protected, but, but, but darn!
Hyperinflation is good, it means you can pay back your loans with money that is worth far, far less than the money you borrowed.
A bit more emphasis on the effect of civil unrest coupled with a scamdemic and how that combination drives hyperinflation might be appropriate at this juncture.
on but wait….the masses might figure out why the election had to be hijacked.
The government has stolen everything else, hyper inflation will steal your home equity, your 401K’s, 403B’s, and IRA’s. You will die old, alone and in the street.
Blocked again
Oh. My. GOD.
Just got finished watching the PA Legislators conducting their investigation interviewing Rudy Guilliani and what he laid out before them there is DAMNING….with extreme prejudice.
Make no mistake, this is a detonation in the middle of the Political sphere that will ripple through the entirety of the utterly bogus election results…EVERYWHERE.
So, what happens next?
That is an ‘interesting question to say the least. IMHO, per the precedent set down in “Gore v Bush” in 2000 in Florida, which read as “…the potential for MISCHIEF being likely, the Court finds for Mr Bush.” THEN, by that finding the Court will be compelled to direct that the House of Representatives convene to select the President…effectively acknowledging the incredible amount of corruption involved in many several of the State election processes.
Here’s where it gets interesting: Only three elections have ever been decided in this fashion, all in the 19th Century beginning with onesuch involving Andrew Jackson. In the House – per Constitutional process, well defined – each State cast TWO and only TWO votes as to who shall be the Presudential successor. It matters not one whit how many Representatives a State has in the House, point in fact the limit IS as stated. In the Senate (which must also convene to determine by vote the successor to the Vice President) a mirror process occurs.
Given ONLY two votes per State and noting that the historical preponderance of the 50 States are RED – on the order of 28 Republican, 21 Democrat and 1 which is particularly variable, then the outcome would be President Trump IS therefor returned to the Oval Office to serve out a second, final term.
Now, how can this go ‘wrong? I’ve suspected for a very long time that Chief Justice Roberts is compromised…by what method I couldn’t begin to even speculate on…but his Judicial record prior to becoming Chief Justice compared to his decisions after the fact are like attempting to compare Night to Day; watch whatever happens there with Hawk-like acuity. IF – for any reason the SC does immediately forward this to the House then we’ll instantly know that there is ‘Fuckery Afoot’ quoting the site monsterhunternation dot com.
Once this proceeds to the House also watch what goes on there – closely; there is STILL a possibilty that RINO’s might – might! – choose to suborn the process there against the will of the People.
That said, fully expect that any result which gives the appearance that Sleepy Joe ain’t gonna be sitting behind the Resolute Desk will undoubtedly result in massive civil unrest. That is where those who have previously sworn the Oath of Induction are most needed…to assist in restoring Law and Order. Simply put, with only a few million active duty Military, LEO’S and Peacekeepers of all persuasions existent there WILL be a strong need for ‘reinforcements for some period. Remember, fundamentally we’re dealing with Cowards here – the Left broadly – who will not engage unless they feel they have overwhelming tactical advantage…which YOUR mere presence will assure them they are not going to enjoy. Lastly, do not stoop to their level when performing your duty; we differ from THEM precisely because we ARE principalled and fully subscribe to ethical behaviour; something – clearly – absent in them in toto.
The Light comes again soon Folks…hang in there just a bit longer and we’ll see this thing through to it’s appointed conclusion
JOG, AKA JustOneGuy
This is history repeating itself. The British Rothschild bank did the same thing to Germany after WWI to collapse the German economy and monetary system. Always remember, it is this same family who owns the Federal Reserve, there is nothing Federal about it and it is privately owned by the British Rothschild Family.
Pelosi (D) & Shumer (D) throw around trillions like Halloween Candy. American CITIZENS should know that the money they spend came out of the taxpayers’ hides.
http://www.pagetutor.com/trillion/index.html
Very foolish decisions that we have been making? You mean like continuing to re-elect those who got us here in the first place such that they have to die to leave office?
We are a long way from Hyperinflation. Those who scream hyperinflation do not truly understand the system: including John Williams who has been screaming that for ten years.
A market crash will destroy trillions of dollars and so will the real estate crash happening now. Recessions and depressions are always recessionary in nature. No different this time.
Cash will be King. The dollar is cash. 🙂