If you did not request more debt and had a source of income that was hyperinflating during a hyperinflation...you could easily pay off all your debts...Money is debt and debt is money....So during a hyperinflation it's actually not the total money supply that is inflating...the total debt is...
But not what you owe unless you request more debt to be manufactured...
With the household debt to income ratio at 110%...I don't see how a 1920's German style hyperinflation could even ignite...Because past 100% and consumers are forced to request commercial banks to manufacture less and less new debt...not more and more which is what is needed to sustain a hyperinflation...
Germany of the 1920's was a major exporter...The USA is a major importer...There is no manufacturing base to sustain a hyperinflation either...There will be mass lay offs...and laid off workers can't request much new debt to be manufactured with no source of income to service it's existence...
The only tool the FED has is their ability to monetize debt...The FED could buy all the assets that don't sell because they are priced too high...A lower price is a loss on the books...but...If there is no other buyer after that then inflation can not be sustained...Unless the FED then turns around and buys everything it just bought again by selling it all to itself but for a higher price...and that does nothing...
Basically it's all just talk to sustain consumer confidence...because if the consumer begins to think something is wrong...consumers will begin to cut back on spending...and the implosion of the US economy that is now in progress and moving very slowly will accelerate and move very rapidly...Before those managing it desire it to.
Those managing it are attempting to get to a point where it's planned to fall to pieces...While they are all babbling and creating a smokescreen to obscure the situation the scapegoat is being readied...A mezmerizing spectacle of some sort...to focus attention away from the system as cause and onto an effect as the cause...
The FED and Ben Bernanke are only effects of the system...they are not causes of the system.
The price of oil will collapse when the consumer does unless the oil producers cut supply quicker than demand is cut...There are bills that need to be paid...so producers that can will cut production and raise wholesale prices leading to retail price rises...
And hyperinflations don't last long and are followed by hyperdeflations...
When Germany reached maximum potential in 1923-1924 their economy hyperdeflated...there were mass layoffs, food riots and German troops were machine gunning people in the streets...The less wonderful aspects of the cycle are not talked about much...workers getting paid with wheelbarrels of money is kinda entertaining...bodies of former workers laying in pools of blood in the streets is not...
It's impossible to inflate forever...so deflation is coming...one way or the other...and when deflation reaches maximum potential...inflation to maximum potential will begin...bury the dead and spray the blood into the storm drains...
The below chart shows the previous inflation of the USA next to the current...The difference between Germany and the USA is the speed...In Germany the inflation took months to reach maximum potential (It's why hyper is added to the word inflation) while in the USA it took years and in the case of the current inflation to maximum potential...decades...
Any hyperinflation that does show up will last months at most followed by a hyperdeflation...or the whole 1944 Bretton Woods global trade system just implodes to oblivion from this point...It's going to implode anyways...now or within a handful of months...game over...
And when Cramer is saying cash is king...all he is saying is that you should sell off all your paper assets in the markets to tards and sit on the sidelines...sell all your positions in the markets and buy silver and gold coins included...silver and gold coins are cash...in an inflation it's he who obtains the most wins...
Lets say you get a ration of food every day...(inflationary phase) two cans...but you save one can a day until you have 365 cans...
Lets say the cans stop...for six months (deflationary phase) well all those without savings die of starvation...but you still have 182 cans of food at the end...many lost their lives during the deflationary phase...you only lost 182 cans of food, survived the deflationary phase and just replenish your stocks...
...in a deflation it's he who loses the least wins...
You all did as your employers said...and if you were too lazy or out of shape to accomplish your tasks...you basically died...That's how it was back in the good old days...It will be a return to the good old days...
Most of you have no clue what work is anymore...A traditional "honest days work" would hospitalize or even kill most of you...
"'The spectacle of men fighting for work...' My God! This is terrible! Battling for the privilege of working all day for enough to eat--and the next day go at it again; and so on until the earth rattles on their pine boxes."
"Cannot the good God do something to relieve his wretched children? Or is this thing to go on forever? Why not give some good-hearted, honest man supreme power for four years, and let him improve God's world or blow it up. He could not make it much worse than it is, for the great mass of mankind. A judicious hanging bee in Wall Street would be a good measure with which to begin the reformation."
-- I.D. [Ignatius Donnelly] in The Representative, 29 August 1894
The 1896 depression in the USA is not talked about much...The so called "Great depression" was the last one and gets all the attention...
When the economy actually implodes...no one will be paying anything...all the contracts on Earth are dependant upon inflation greater than previous inflation to sustain them....Once inflation greater than previous inflation to maximum potential reaches maximum potential and transforms into inflation less than previous inflation to maximum potential...every contract on Earth will be busted...one contract pays for two and those two pay for 4 and those 4 for 8 etc...
Behind the scenes the debate currently is between doing what is required to at least keep you all fed (save as many as possible) or just pulling the plug and letting you all starve (Liquidate as many as possible)...and how to deal with the fate resisters.
Behind the scenes they are not wondering if....they know what is coming...The war on terror is just cover to implement all the new crowd controls for the austerity measures that are to follow.
The Key problem is that it's not just the good old USA in trouble...the entire" so called" civilized world is on the verge of implosion...
And the number one source of inflation greater than previous inflation on earth is the US consumer...unfortunately there is no single economic zone or combination outside of the USA that can replace the USA because all the zones outside the USA are dependant upon the US consumer due to the 1944 Bretton Woods global trade system to sustain those outside the USA...The US consumer reaches maximum potential and China/India/every economic zone on Earth are cut off from the inflation they require to keep their economies inflated and they implode...
US consumers have to request commercial banks to manufacture the required amount of money needed by the world to sustain the global inflation or game over...
US consumers are currently requesting the commercial banks directly and indirectly to manufacture 11 Billion dollars of new money a day...
Well they are going to have to do way better than that...At some point to prevent the implosion US consumers are going to have to request greater than infinite amounts of new money to be manufactured...Which is impossible...
So there is no way to prevent the nightmare from showing up...just postpone it's arrival for as long as possible...That's what has been going on since 1944...A postponement of the inevitable...
That is what is going on right now and its what you and everyone else in the world is working day in and day out doing...postponing the inevitable for as long as possible...
Soon everyone is going to wake up from the daydream into the nightmare...
People say...Im not in debt to anyone...so Ill be fine...You are in debt to the electricity company...the supermarket...the gas stations...etc...and without a source of income equal to or greater than what you are in debt to them for...all your savings...if any...will rapidly vanish...
And ultimately then you will...
I like your posts..somewhat eccentric, but accurate. But what you dont elaborate on is what you are doing to prepare to survive? Or are you just planning to die?
ReplyDeleteIt takes leverage of some magnitude to write these posts.
ReplyDeleteWhat are you using? ie what is senior to your subject matter?
To survive you must avoid putting yourself into a position where you can't survive...
ReplyDeleteIt's what all those who have survived...accomplished.
"What are you using? ie what is senior to your subject matter?"
ReplyDeletePlease give me more of a clue so I can answer your question better.
I am really happy I found your site. Have you visited your former GIM site recently. It's really a sad state of affairs, since you left. Keep it coming.
ReplyDeleteI didn't understand 777clear's question either, but I think he/she's asking about your sources. You seem to know a lot. Your writings scare the bejesus out of me. I wouldn't mind checking your reference sources either. I was curious about the 314 year money system you mentioned, I looked it up, that was the BOE, much more info here: http://www.reformation.org/bank-of-england.html about the first usury bank. Are there any countries you know of that don't have banks modeled after the BOE?
ReplyDeleteDear Hypertiger,
ReplyDeleteIn regards to my question (post #2):
People play games, thats pretty much all they do. Well, that and surviving.
In order to stop, one must notice that he is playing. At that point the illusion breaks.
Like doing the same thing for 10 years until you suddenly notice that don't need to, that you never needed to, and then you simply stop doing it.
You've covered that in your blog.
But it takes leverage. As long as a person is inside the illusion he can never notice that he is.
Some people have used religion, some have used philosophy, but every man who has challenged an idea wasn't emotionally attached to it. He was prepared for his assertion to actually be true.
People can think, they just decide not to because it hurts.
Reasoning and coming to a conclusion about this subject matter hurts alot. It hurts if you like the idea of cheap food and fast cars. And life in general. I think that is why we have been playing for so long.
...
If you've read this far, my original curiosity is: what is the platform you used to spot the illusion.
Maybe you still don't get it, well I don't particularly need to know either.
In either case, I enjoy reading your blog.
The platform is probably a utopian commune, another country or an inbred academic group.
ReplyDelete"I wouldn't mind checking your reference sources either."
ReplyDeleteI've been following HT for over five years.
Give me something specific and I may be able to give you some direction as to where to look.
I am anon 3:54 PM. Also, if you google Jason+Kirby+Amero, I'm the author of the top link you'll see.
ReplyDeleteThat's just it. I don't want to be specific. That's not where I was headed. I read blogs and you can tell when you are reading something that had original source in some other Wikipedia, or Griffin's Creature.., etc. Heck, mine is like that; I put citiations at the end.
HT blog reads like a psychic channeling a dead banker, Morgan, Ben Strong or such. No links to wherever he is. So forget I asked because frankly if I had the kind of talent that produces the HT blog, I wouldn't tell what my secret is either.
One thing you could answer is 777clear's question, who clarified it. I think it is an excellent question; one of the better ones you've gotten. What was going on when you became aware of the illusion and how did you get outside the illusion?
In other words, was there such a time when you realized we are all screwed because we are all on the same sinking ship. Was there a drastic shift in thinking from don't worry be happy, to uh oh! Or, have you always had a feeling something is wrong, and a desire to write about it. Maybe you've never experienced the illusion 777 was talking about, maybe you've always been free of that and living in reality.
As for myself, I've escaped from layers of illusion, ranging from family illusions (bad ones!), to cultural illusions, currency and finance illusions, law and freedom illusions. I've come to agree with you independently, the powerful take more than they give. Whether its your mother, your friends, your legislature, your world. And all the wishing to dig in for protection behind the safety of the rule of law, the Constitution of the US, the Virginia Declaration of Rights, the Magna Carta, the English Common Law, the Ten Commandments, maybe useful when dealing with those at your level, your peers, but it's all pith that the Top can blow away with a puff of air, when it chooses to. The realization that really nothing protects me from anything, the degree to which I'm exposed, that's frightening. But it's outside the illusion. Those inside the illusion, perfect example, tax protestors.
"HT blog reads like a psychic channeling a dead banker, Morgan, Ben Strong or such. No links to wherever he is. So forget I asked because frankly if I had the kind of talent that produces the HT blog, I wouldn't tell what my secret is either."
ReplyDeleteI believe there are among us those who can look at something and see what everyone else fails to - no rhyme or reason - they just do. They don't need anyone to show them - they're the ones who show others.
I have forwarded your question to Hypertiger.