
The total global money supply right now is around 200 Trillion Dollars. It is blowing around the planet right now beyond your ability to comprehend.
In the New York district the FEDwire handles almost 2 Trillion Dollars worth of transactions a day.
M1 is the measurement of a fart in the wind.
Zimbabwe is just reaching the point of collapse...All the holders of gold and silver coinage spent it all years ago trying to survive until the recovery that didn't come and any gold and silver coinage that went into circulation circulated out of the country and it didn't come back.
And it's the global trade system that has reached maximum potential and is imploding.
Zimbabwe still is connected to the rest of the world which is allowing them to survive...But there is no other world this world is connected to...to survive what is coming.
Inflation greater than previous Inflation does not last forever....It reaches maximum potential and transforms into inflation less than previous inflation to maximum potential.
The USA along with the rest of the world is not going to continue to inflate up...It's going to collapse down.
Poof.
Cry yourself to sleep for the rest of your life until the old generations of scared victims die off and are replaced with new generations of oblivious fools to take another run at it.
Unless the Governments of the world decree it to be money...They will not be rushing to get Gold.
Silver is what general circulating coinage was made out of.
There has never been enough GOLD so it could be used as the coin of the realm.
Not saying that Gold coins did not or do not exist.
But silver has been the coinage of the realm...sure Gold coins were minted...but peasants did not use them on a daily basis...Silver is what peasants used.
When the US Dollar was decreed into existence...All the circulating coinage of the world that the peasants or commoners utilized on a daily basis was silver.
Gold was confiscated in the 1930's...Silver was not touched at all.
Global trade was settled with Gold back then...and the USA owed Europe massive amounts...They called it all in....When the USA collapsed and imposed trade barriers...during the last Depression.
The Rothchild/Bank of England sponsored Gold standard act in 1900 which changed the US Dollar from silver to gold killed the 1792 defined US Dollar.
Ultimately...The Goldbugs destroyed the 1792 defined US Dollar.
Now they are basically praying for the hyperinflationary destruction of the USA to hit the jackpot.
But when you point that out they do like every criminal caught...claim ignorance.
But Hyper thats not how it's written down in all the books we have read...It's totally incompatible with our social engineering.
Yes I know.
They either have lots of gold and silver mines or will run a trade surplus or it's impossible.
Because if all these treasuries have no gold and silver...What are they going to use to obtain gold and silver?
Gold and silver?
How is a Treasury supposed to obtain all the Gold and Silver demanded by the population to construct coins if the Treasury has none?
Taxes?
Where then is the population going to get the gold and silver from to give the treasury the gold and silver it needs to construct all the coinage that the population demands the treasury to produce so that they can pay the taxes so that the Treasury can buy gold and silver?
You think you all are or have been missing something maybe?
You all love FRN's...Because without them...You could not buy Gold and Silver.
Ok get rid of FRN's...How do you all buy Gold and Silver?
How did the Governments of the world all these 1000's of years obtain all the Gold and Silver to construct coins if they don't own any mines?
Or is the Government supposed to own all the mines? Or are the Gold and silver mine owners the rulers and the Governments and all of you the subjects?
Please tell me how this is all supposed to work.
So then the US treasury is the only buyer of ore...or refined ore?
Like they...fix the price?
What if an ounce of silver costs 2 Dollars?
How will silver Dollars circulate if it's better to just melt them down and sell them back to the mint?
The population demands money...How are bills paid if there is not enough money produced to pay the bills.
Like at some point do you say...sorry folks...the mines are not producing enough silver and gold to sustain the continued growth of the economy...time to die?
Or invade another area that has higher producing mines...
Or just reduce the content of the coins?
First step towards an actual GOLD standard is for all the Governments of the world to stop the free market trade of GOLD and fix its value.
The Treasury of each nation would then become the only buyer...Coins with higher face value than the fixed value could then be produced and begin circulating.
Don't do the above...forget a Gold standard.
And as far as I can tell electronic Gold is just a derivative scheme currently.
Ultimately you are back to the scenario that when you have utilized the Gold supply to its maximum potential...Economic growth would have to stop and the economy would collapse.
Or lets say the mines increase the gold supply on average 3% a year but all the gold in circulation has been taken by the top and lent and relent into circulation over and over again and the entire supply has a 5% growth or interest rate attached.
It's inevitable that the bottom will reach the point where they can no longer pay the rent on the money supply or support a growth rate of the money supply by 5% but the supply of Gold is only growing by 3%.
So default is a certainty regardless how hard the bottom works or how obedient they are.
So it will start having to be fractionally reserved and when the fractional reserve shrinks to almost nothing then other materials will have to be utilized to construct money out of to sustain the bottom's ability to pay the rent due to the top...or rich.
It's not a myth...It's why the current system is in operation...to sustain growth past the Gold and Silver limit.
Then factor population growth...The more people the greater the demand for money becomes.
There is nothing stopping a person from starting a bank up...just have to start accepting deposits and making sure that when you start lending that you have more inflow of money than outflow.
And attaching interest to money or a growth rate does eventually lead to collapse.
The top lives off the yield from the bottom...
The bottom supplies the top with what the top needs to supply the demands of the bottom.
Everything the top has is obtained from the bottom.
The bottom of course demand compensation from the top for holding the top up..
The only place the top can obtain what the bottom demands as compensation for holding the top up is from the bottom.
The top basically owns the entire money supply which they either directly or indirectly lend to the bottom.
Basically the bottom has to rent the money from the top they need to pay the rent due to the top.
It's what has been going on for 1000's of years and is no secret.
The top owns everything...When the bottom gets paid and spends their paychecks the money just goes back to the top.
How do you think the top obtains all the money and power they have?
Where do you think all the money you spend goes?
Top sucks from the bottom.
Of course you could take money out of circulation and never ever spend it to stop supporting the top.
Now imagine all the raw materials you need to power the continued existence of your civilization other than Gold and Silver.
You can't run out of any of that either or scarcity will cause the prices to be bid up.
You fail to understand that just because a road exists does not mean it's going to be followed.
Because that's what you CLOWNS are pounding the table to get me to believe...
Well there's conditions that need to be met before a hyperinflation can start.
I see no evidence of any impending hyperinflation...and even if one were to all of a sudden ignite...It would be followed by a hyperdeflationary implosion regardless.
Nobody is hoarding enough cash to cause this.
In 2007 the consumers of the USA were requesting the commercial banking system to issue 11 Billion dollars a day of new money.
But now only around 6.5 to 7 Billion dollars a day of new money...
It's not hoarding...It's the consumers...they are maxed out.
You see those people auditioning for American idol...They go in thinking they are singers but find out...They can't sing at all...they stink...a total disgrace.
Some even in denial after the verdict.
That's what you clowns are but in the realm of economics.
Yes they are maxed out...It's why the growth rate of the money supply has slowed by the most in 65 years and the whole global trade system is crumbling.
And I see nothing right now showing any change...the economy has been slowing for over a year.
That 1 Trillion will not catch up...And it's not new money...its the US Government issuing bonds and borrowing 1 just under 900 Billion dollars from the money supply or total debt...that is currently around 52 Trillion Dollars.
Heres a classic case of inflation...
The Continental was the name of a paper currency issued by several American Colonies, as well as by the Continental Congress, after the Revolutionary War began
"The second Congress met in Philadelphia on May 10, 1775, and on that day, in secret session, the measure was agreed upon, but the resolution was not formed and adopted until June 22, the day on which news of the battle on Breed's Hill was received by the Congress. Then it was resolved
that a sum not exceeding 2,000,000 Spanish milled dollars be emitted by the Congress in bills of credit for the defence of the America,"
and that
"the twelve confederate colonies [Georgia was not then represented] be pledged for the redemption of the bills of credit now directed to be emitted."
Each colony was required to pay its proportion, in four annual payments, the first by the last of November, 1779, and the last by the end of November, 1782. A committee appointed for the occasion reported the following day the annexed resolution:
Resolved, that the number and denominations of the bills be as follows:
49,000 bills of 8 dollars each ... $392,000
49,000 bills of 7 dollars each ... 343,000
49,000 bills of 6 dollars each ... 294,000
49,000 bills of 5 dollars each ... 245,000
49,000 bills of 4 dollars each ... 196,000
49,000 bills of 3 dollars each ... 147,000
49,000 bills of 2 dollars each ... 98,000
49,000 bills of 1 dollar each ... 49,000
11,800 bills of 20 dollars each ... 236,000
———— —————
Total, 403,800 ... $2,000,000
Resolved, that the form of the bill be as follows:
CONTINENTAL CURRENCY.
No.———— ————Dollars.
This Bill entitles the Bearer to receive ———— Spanish milled Dollars, or the value thereof..."
"A committee was appointed to procure the plates and superintend the printing of the bills. The plates were engraved by Paul Revere, of Boston. The paper was so thick that the British called it "the pasteboard currency of the rebels." The size of the bills averaged about 3-1/2 by 2-3/4 inches, having a border composed partly of repetitions of the words "Continental Currency." On the face of each bill was a device (a separate one for each denomination) significant in design and legend; for example, within a circle a design representing a hand planting a tree, and the legend "Posteritat" — for posterity. Twenty-eight gentlemen were appointed to sign these bills. New issues were made at various times until the close of 1779, when the aggregate amount was $242,000,000."
The spanish milled dollar? Constructed from the silver looted by the Spanish self proclaimed Bond servants of Jesus from the Aztec and Incan civilizations which the Spanish annihilated in the looting for Jesus operation...
It was the most abundant coin in the New World...
The US Dollar showed up in 1792 by decree...The coinage act of 1792 and the US Dollar was decreed to be...
"Dollars or Units—each to be of the value of a Spanish milled dollar as the same is now current, and to contain three hundred and seventy-one grains and four sixteenths parts of a grain of pure, or four hundred and sixteen grains of standard silver."
so 371 grains X 242,000,000 = 89,782,000,000 grains/480 grains per troy ounce = 187,045,833 ounces of silver that no one had to spend especially the continental congress...
Taxation without representation? How about Hypocracy without representation? What was the solution? see below...
"The First CENTRAL Bank of the United States was needed because the government had a debt from the Revolutionary War, and each state had a different form of currency. It was built while Philadelphia was still the nation's capital. Alexander Hamilton conceived of the bank to handle the colossal war debt — and to create a standard form of currency."
"The First Bank's charter was drafted in 1791 by the Congress and signed by George Washington"
"This was a private Bank of which there were 25,000 shares issued of which 18,000 were held by those in England. The Bank loaned the United States money in exchange for Securities of the United States."
Hence the need for the 1792 decreed money or coinage act...
Anyways back to The So called Revolution...
Now there were 100's of chartered and unchartered commercial banks operating in the USA all during the so called Revolutionary war...and they used all those Continentals as collateral for loans...and inflated the debt supply of the colonies massively and there was massive hyperinflation and after the so called war eneded in 1783 the Continentals were not printed anymore and the hyperinflation (leveraging of old debts to create new debts to service the old debts at the resquest of the consumer) could not be sustained and the economy in the colonies suffered a hyperdeflationary implosion...The index of all commodity prices fell from 226 to 85...The Depression of the 1780's...Ever hear about it? History is written by the winners...ever hear that one...Well below must be the account of a loser...
"With trade at a standstill, farm produce a drug in the market, no employment for common labor, and little spiecie in circulation, court judgments for debts or overdue taxes could in most cases be enforced only by stripping a farmer of his real estate, his cattle, and his furniture. In Worcester County alone, 92 persons were imprisoned for debt in 1785"--Historian Samuel Eliot Morison.
In some places the economy imploded so deeply that grass grew waist high in the streets...
Or how about this account...of the civil war...Between the rich and poor made poor by the rich...
"As the situation worsened in 1786 armed bands of impoverished debtors forcibly prohibited courts from sitting including the Court of Quarter Sessions in Worcester County. Violence was most intense in New England and the Northeast, where population pressures combined with depleted soil to press subsistance farmers to desperation. Rioting mobs intent on preventing the enforcement of judgements against debtors struck in many areas, including New York, Connececut, Vermont, New Hampshire, Rhode Island, and Massachusetts."
"In Massachusetts, Connececut, and Rhode Island the discontent was organized along military lines. thousands of men, commanded by continental army Veterans and current officers of the Massachusetts state militia, were organized into rebel regiments."
The most important military engagement of these revolts was Shays's Rebellion, a battle for a Federal arsenal at Springfield, Massachusetts, on January 25, 1787.
"Their Creed is, that the property of the United States has been protected from the confiscations of Britain by the joint exeritions of all, and therefore ought to be the common property of all; and he that attempts opposition to this creed is an enemy to equality and justice and ought to be swept from the face of the Earth"--General Henry (Fort) Knox Commander, U.S. Government forces, on New England rebels in 1786
"What is to give us [Richmen] security against the violence of lawless [poor]men? Our Government must be braced, changed or altered to secure our lives and property"--General Henry (Fort) Knox Commander, U.S. Government forces to General George Washinton 1786
The above effects were after all the consequences of all that money the congress of Richmen decreed into existence to entice the poormen to fight the so called revolutionary war...
Another classic hyperinflation...
"ARTICLE 235 The Versailles Treaty June 28, 1919
In order to enable the Allied and Associated Powers to proceed at once to the restoration of their industrial and economic life, pending the full determination of their claims, Germany shall pay in such installments and in such manner (whether in gold, commodities, ships, securities or otherwise) as the Reparation Commission may fix, during 1919, 1920 and the first four months Of 1921 , the equivalent of 20,000,000,000 gold marks."
2790 Gold marks equalled 2.2 Lb of pure gold.
15,770,609 Lb of Gold or 7885 short tons of gold or 229,935,483 oz of Gold...
Quite a bit of GOLD...Especially when the total above ground stock around that time was 50,000 tons with around 25,000 tons monetary Gold world wide...
And Germany certainly did not have 7885 short tons of gold in 1919 1920 or 1921...
What to do then?
The British (Bank of England) basically told Germany to print marks to buy GOLD...From? The winning powers...
The Looting of Germany carry trade...Germany printed marks and then bought Gold then the amount of GOLD they owed dropped and the winning Powers still had GOLD and loads of marks...what to do with all those marks? send them home to roost buying raw materials and finished goods...the excess flowed into German issued bonds...
The marks flooded into the German commercial banking system allowing it to inflate the debt supply in Germany...The more GOLD Germany bought the more marks they had to print...Which caused the purchasing power to drop...It was quickly losing it's value...
But outside of Germany all the currencies were quickly gaining value...Basically German exports were getting constantly cheaper and cheaper...A free give away of German raw material and finished products basically...
This fueled the Roaring 20's until the mark was losing value so fast that it basically caused prices inside Germay to hyperinflate until it was impossible to account...The looting of Germany carry trade collpased in 1924 after about 14 months of Hyperinflation of prices or a hyperdeflation of the value of the mark...
The Hyperdeflationary shockwave spread out into the Global system...It hit in the USA late 1926 causing a collapse of the booming real estate sector which rapidly sold off and poured into the stock markets causing a massive mainia that reached maximum potential in late 1929...the USA and the rest of the world then collapsed from 1929-1933...
In 1944 at the end of the 1933-1945 Bankruptcy reorganization of the global system...Bretton Woods made the US Dollar the Global trade medium of exchange taking over from the British pound sterling and by default the US consumer became the demand of the global system taking over from the British.
The Bretton Woods global trade system has now inflated to maximum potential and the roaring "6 decades" are coming to an end.
So is there going to be a replay of of the above?
Bond yields rising signals a slowing down of demand for bonds.
Basically a shortage of money bidding bond prices up...
You clowns are so desperate for hyperinflation...Any mention of inflation is gobbled up.
Rising yields would be the coup de grâce for the US real estate sector...the #1 engine of monetary inflation on Earth.
The problem is that US Consumers are maxed out...
At these low rates...demand for debt is still not as high as it was in 2007...
Higher rates will destroy already weak demand...poof game over.
Hyperinflation? Yes of course it started in the 1970's Money supply was increasing along with bond yields.
Then something odd happened...money supply continued to grow while yields dropped and prices started to stop rising as fast.
Where did all that inflation go?
It was exported out of the USA.
"A Special Economic Zone (SEZ) is a geographical region that has economic laws that are more liberal than a country's typical economic laws. The category 'SEZ' covers a broad range of more specific zone types, including Free Trade Zones (FTZ), Export Processing Zones (EPZ), Free Zones (FZ), Industrial Estates (IE), Free Ports, Urban Enterprise Zones and others. Usually the goal of a structure is to increase foreign investment. One of the earliest and the most famous Special Economic Zones were found by the government of the People's Republic of China under Deng Xiaoping in the early 1980s. The most successful Special Economic Zone in China, Shenzhen, has developed from a small village into a city with a population over 10 million within 20 years."
And China in general as more zones were opened up has inflated like mad the last 30 years.
But the US consumer is maxed out.
The household debt to income ratio in 1970 was maybe 65% in 2000 it was 80%...now it's 130%
"The one-time fishing village of Shenzhen was singled out by late Chinese paramount leader Deng Xiaoping to be the first of the Special Economic Zones (SEZ) in China. It was formally established in 1979 due to its proximity to Hong Kong, then a prosperous British territory. The SEZ was created to be an experimental ground of capitalism in "socialism with Chinese characteristics"."
That's how the hyperinflation was stopped in the 1970's...The manufacturing sector was rapidly exported out of the USA from 1980 on...
It's a slow process...It's just going to get worse and worse...Until you and all the people around you are sucked dry.
Top sucks from the bottom.
The USA = Top/demand
The rest of the world = Bottom/supply
The global system needs the required amount of inflation to sustain its continued operation.
The required amount is not too much and not too little but always greater than previous.
The growth of the money supply has collapsed by the most in 65 years.
So too little inflation is obviously taking place.
Americans are obviously not spending enough to sustain the continued inflation greater than previous inflation of the USA and the world...It's as simple as that.
Time to collapse to oblivion.
The FED did not raise rates to fight inflation...
They follow the bond markets...How does the FED raise rates?
By increasing the amount of bonds in circulation?
Only the US Treasury can do that with authorization from the US Congress.
So the FED was not raising rates...to combat inflation in the 70's to the 80's
The supply of bonds was increasing faster than the money buying them.
The problem was solved by exporting the manufacturing sector out of the USA and for the US Dollars coming home to roost from places like Japan and China to buy bonds to bid the price up and yields down...to of course keep rates low so US consumers could continue requesting commercial banks to issue more and more new money to buy all the wonderful cheap imports from slave labor and low wage zones.
For basically 30 years.
But jigs up now.
As rates were rising in the 1970's the FED was following the bond markets up but saying the reason that they were raising rates was to fight inflation...
Nope...Just following along....and at the top when maximum potential was reached and rate yields were collapsing...they said something like they were lowering rates because of deflationary fears...
The FED does not raise or lower rates.
All the people of the USA operating in the economy of the USA dictate rates.
The FEDERAL RESERVE has very little real power to do anything...It's your religious faith in the Power of the FED that is the greatest source of its power over all of you.
The vast majority of what the FED says it can do and does...Is a lie.
Because you all have almost zero clue how the system works...you basically have to believe the lies are truth.
Years ago I belived that the FED set rates...It's what all the books told me...then I actually took the time to investigate if the FED could set rate...and found out they can't.
Most of you are so far gone there is no way you will ever catch up...you will until the day you die be at the complete and total mercy of liars.



