How about our POS president!!!
- Thread starter Blu Du
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The Road Before Us
All these foolish government policies have put the global economy in a no-win situation. As a result, only two options are left:
Option #1): Deflation – The Great Depression is the most famous example of economic deflation. In a deflationary spiral, credit contracts and the overall money supply shrinks. People cut spending, and workers lose their jobs. Debt levels become a massive burden. Businesses fail and bankruptcies rise. Unemployment spikes and breadlines form.
A deflationary spiral is a painful event for all of society. It foments riots and calls for revolution. The pain of deflation is necessary to clear the economy of bad debt and poorly managed companies. Nevertheless, central bankers and politicians try to avoid deflation at all costs. Why? Because the temporary and necessary economic pain threatens their power.
Option #2): Big Inflation or Hyperinflation – The Weimar Republic gave us the most famous example of hyperinflation. Crushed under a mountain of post-war debt and reparations, the German republic printed more and more currency to meet its obligations. The result was a massive loss of purchasing power for Germany’s currency – the mark.
Prices rose quickly to reflect the new reality. A 160 mark loaf of bread at the end of 1922 cost over 200 billion marks less than a year later. In one story from that time, a woman carried a wheelbarrow of marks to the bakery just to buy a loaf of bread. When she went into the bakery, a thief stole her wheelbarrow, but he left the pile of worthless marks. That’s how quickly the currency lost its value.
All this happened because an unrestrained government vastly increased the supply of its currency, and basic economics says when supply increases without an increase in demand, price falls. In other words, the citizens of Germany quickly figured out that what they thought was “money” was nothing more than worthless pieces of paper.
The mark wasn’t anchored to gold or silver or anything of real value. Once this reality came to light, the world lost all faith in the mark, and its purchasing power plummeted. Eventually, it became worthless.
In the last few months, central bankers and politicians have flooded the world with trillions of dollars in new currency. Their answer to every financial problem is to throw more and more currency at an ever-expanding list of government aid programs and targeted bailouts. Like Weimar Germany, the world is simply printing more and more currency to in an effort to solve its financial problems.
At best, the result will be a 1970’s-style stagflation with high unemployment and runaway inflation. At worst, we’ll see a total collapse of the purchasing power of all fiat currencies relative to gold, silver, and other hard assets. Once again, it will cost wheelbarrows of dollars, euros, or yen to buy a single loaf of bread.
Which Road Will We Choose?
Politicians and central bankers will never accept Option #1. This is because deflation poses an immediate threat to their power and position. Clearing the system of bad debt is necessary for a healthy economy. However, the pain it creates will lead voters to demand new leadership. That frightens the politicians and central bankers who love their positions of power and prestige.
Faced with a deflationary spiral, Option #2 will seduce them. They’ll buy into the belief they can “engineer” a recovery while managing and controlling inflation. However, history has proven central planning doesn’t work. In the end, they’ll lose control, and all the world’s fiat currencies will collapse.
We’re already seeing the early stages of this crisis. As governments around the world call for bailouts of businesses, local governments, and the unemployed, we see the cost of their big government policies reflected in the surging prices of gold and silver. The chances of a global Weimar-style hyperinflation are much more serious than the public believes.
What’s Next?
Once the world experiences a massive inflationary spiral, the current monetary system (in place since 1971) will come to an end. A new monetary system will rise from the ashes. What will it look like? We don’t know for sure. But in all likelihood, it will be built upon some sort of digital currency. Already the world’s central banks are lining up to launch their own cryptocurrencies.
China is currently testing its own state-sponsored cryptocurrency, and dozens of other nations have already announced plans to launch their own. Just last week, news broke of the U.S. Federal Reserve partnering with MIT to develop its own digital currency.
If government cryptocurrency replaces paper currency, individual freedom and liberty will disappear. Governments will be able to “turn off” an individual’s cryptocurrency. That means if you do something the government doesn’t approve of, they’ll be able to shut down your ability to buy and sell. This shouldn’t surprise you either.
The end times are drawing near. The tribulation, the Antichrist, and global government are part of the world’s immediate future.
Awake People beffore it's to late .
All these foolish government policies have put the global economy in a no-win situation. As a result, only two options are left:
Option #1): Deflation – The Great Depression is the most famous example of economic deflation. In a deflationary spiral, credit contracts and the overall money supply shrinks. People cut spending, and workers lose their jobs. Debt levels become a massive burden. Businesses fail and bankruptcies rise. Unemployment spikes and breadlines form.
A deflationary spiral is a painful event for all of society. It foments riots and calls for revolution. The pain of deflation is necessary to clear the economy of bad debt and poorly managed companies. Nevertheless, central bankers and politicians try to avoid deflation at all costs. Why? Because the temporary and necessary economic pain threatens their power.
Option #2): Big Inflation or Hyperinflation – The Weimar Republic gave us the most famous example of hyperinflation. Crushed under a mountain of post-war debt and reparations, the German republic printed more and more currency to meet its obligations. The result was a massive loss of purchasing power for Germany’s currency – the mark.
Prices rose quickly to reflect the new reality. A 160 mark loaf of bread at the end of 1922 cost over 200 billion marks less than a year later. In one story from that time, a woman carried a wheelbarrow of marks to the bakery just to buy a loaf of bread. When she went into the bakery, a thief stole her wheelbarrow, but he left the pile of worthless marks. That’s how quickly the currency lost its value.
All this happened because an unrestrained government vastly increased the supply of its currency, and basic economics says when supply increases without an increase in demand, price falls. In other words, the citizens of Germany quickly figured out that what they thought was “money” was nothing more than worthless pieces of paper.
The mark wasn’t anchored to gold or silver or anything of real value. Once this reality came to light, the world lost all faith in the mark, and its purchasing power plummeted. Eventually, it became worthless.
In the last few months, central bankers and politicians have flooded the world with trillions of dollars in new currency. Their answer to every financial problem is to throw more and more currency at an ever-expanding list of government aid programs and targeted bailouts. Like Weimar Germany, the world is simply printing more and more currency to in an effort to solve its financial problems.
At best, the result will be a 1970’s-style stagflation with high unemployment and runaway inflation. At worst, we’ll see a total collapse of the purchasing power of all fiat currencies relative to gold, silver, and other hard assets. Once again, it will cost wheelbarrows of dollars, euros, or yen to buy a single loaf of bread.
Which Road Will We Choose?
Politicians and central bankers will never accept Option #1. This is because deflation poses an immediate threat to their power and position. Clearing the system of bad debt is necessary for a healthy economy. However, the pain it creates will lead voters to demand new leadership. That frightens the politicians and central bankers who love their positions of power and prestige.
Faced with a deflationary spiral, Option #2 will seduce them. They’ll buy into the belief they can “engineer” a recovery while managing and controlling inflation. However, history has proven central planning doesn’t work. In the end, they’ll lose control, and all the world’s fiat currencies will collapse.
We’re already seeing the early stages of this crisis. As governments around the world call for bailouts of businesses, local governments, and the unemployed, we see the cost of their big government policies reflected in the surging prices of gold and silver. The chances of a global Weimar-style hyperinflation are much more serious than the public believes.
What’s Next?
Once the world experiences a massive inflationary spiral, the current monetary system (in place since 1971) will come to an end. A new monetary system will rise from the ashes. What will it look like? We don’t know for sure. But in all likelihood, it will be built upon some sort of digital currency. Already the world’s central banks are lining up to launch their own cryptocurrencies.
China is currently testing its own state-sponsored cryptocurrency, and dozens of other nations have already announced plans to launch their own. Just last week, news broke of the U.S. Federal Reserve partnering with MIT to develop its own digital currency.
If government cryptocurrency replaces paper currency, individual freedom and liberty will disappear. Governments will be able to “turn off” an individual’s cryptocurrency. That means if you do something the government doesn’t approve of, they’ll be able to shut down your ability to buy and sell. This shouldn’t surprise you either.
The end times are drawing near. The tribulation, the Antichrist, and global government are part of the world’s immediate future.
Awake People beffore it's to late .
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