Poor Man Survival
Self Reliance tools for
independent minded people…
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A Digest of Urban
Survival Resources
Impossible
not to see what's coming
Some consider inflation rising prices. That is incorrect, rising
prices are simply symptomatic of inflation. Inflation is the increase in the
money supply and credit. The word "inflation" once applied only to
the quantity of money. It meant that the volume of money was inflated, blown up
or overextended.
As the money supply is increased, people have more money to offer
for goods. But if the supply of goods doesn't increase — or increases at a
slower pace than the money supply — the prices of goods goes up. Each
individual dollar becomes less valuable because there are more dollars
available. This leads to more of them being offered for a commodity.
A "price" is an exchange ratio between a dollar and a
unit of goods. When people have more dollars, they value them less. Goods then
rise in price, not because there are fewer goods than before, but rather
because there are more dollars available.
Does the following sound
familiar?
"Continued inflation caused severe distortions within the
U.S. economy and in financial relations around the world. At home, an
artificially created ‘easy-money’ policy encouraged people to incur more debt
for new houses, new cars, new appliances, etc., at prices that continued to
rise. Businessmen were encouraged to venture on new undertakings that could not
have been profitable under stable monetary conditions. It led to rampant
speculation in real estate, securities and other things; and it became so
rampant, in fact, that things such as real estate began to be thought of as an
investment."
It sounds like something that was written within the past year or
two. But, in fact, it comes from a publication first published in 1955. That is
why I say that it is impossible that Fed officials can't see what was coming.
They simply don't care.
In my own book, Burning
Your Money, I wrote that anything that artificially increases aggregate
demand for goods and services is inflation. It could be lowering interest
rates, increasing credit or money printing, as the Fed has been doing with its
so-called quantitative easing.
This is the uncomfortable truth the money creators don't want you
to know. But why would they want to hide it?
Governments hide inflation because it keeps the interest on
national borrowing low, allows the government to keep Social Security payments
as low as possible and allows for lower interest rates for consumers, which
encourages the phony expansion of the debt-dependent economy.
By hiding the truth, the money creators seek to control the
system, or non-system of fiat dollars which they use to control us. Americans
believe they have trillions of dollars in savings and investments. In truth,
what they have is only numbers, not substance. It is fiat, which is
"money" only by the decree of the "authority" of
government.
The U.S. economy of the 1990s ranks as the worst bubble economy in
history. The boom was built on debt upon debt. Only time will reveal the nasty
economic truth. The authorities have created a mania on credit and credit
created spending power out of nothing.
The probabilities are that much worse is to come because the
quantity of credit outstanding dwarfs the quantity of currency money.
I believe that no matter the propaganda, the Fed will take the
survival route in a national banking crisis. It is under no obligation to save
anybody except the currency if it can. If past is prologue, in the 1930s
depression, the Fed went from 11 percent to 92 percent Treasury obligations. It
fled to safety and let the economy crash.
The Federal Reserve is trying to expand credit to replace savings
with the result that they have created asset bubbles one right after the other.
We are still in a consumption and a real estate bubble that is fast coming to
an end.
Let's remember that the last time the dollar crashed in the 1980s,
it crashed under far more favorable conditions as to trade balance and debt.
To survive personally we have to understand that the U.S.
government is destroying the U.S. currency. They printed money that
caused the mania and the debt pyramid. Now they are printing even more dollars
to try to revive what they created and destroyed. Yes, it's insanity by any
definition. But it's not new. It has happened to all currencies throughout
history.
No matter how much money you have, you will in a few years be dead
broke without intelligent action. Governments steal and confiscate wealth by
printing money. The more they print, the greedier they become for your assets.
The people never seem to understand this. Patient gradualism over time is the
way that it's done. People see it but can't come to action. Time paralyzes them
until they wake up one day in poverty.
So now is the time to begin preparing for this. Just remember the
economic and social situation will have a doomsday aura and you will have to
have courage to invest in such a time.
Friends, you have to do all these things before the crowd, not
with the crowd. With hyperinflation, everything that can go wrong will go
wrong. But in spite of all the potential disaster, many people will do well and
even prosper. The right information is critical.
Of course, it's unknown at this point just how far President Biden
will go to make good on his campaign promises to raise everyone’s taxes and
spend another $2 trillion in “stimulus.” But even a scaled-down version of
expectations from Biden’s economic plans must be seen as inflation-friendly and
inflation-likely.
Now is the time to inflation-proof your portfolio, before
Joeflation hits full blast. Here are ways you can get positioned right for an
inflationary era:
1. Buy gold. Gold is the traditional inflation hedge because over time it
maintains its relative purchasing power. Sure, there are times when the ratio
gets out of whack, but it has been doing its value-retention job for 5,000
years. Pretty good track record. Silver is good, too, if you have an appetite
for some risk. It typically rises faster than gold, but also dives faster than
gold if there's a reversal.
2. Buy real estate. Real estate agents are fond of saying, "Buy land,
because they're not making any more of it." Not all land is a good
investment as residential real estate tends to rise in concert with inflation,
sometimes even outpacing it. So renters would do well to look into investing in
a roof over their heads instead of enriching a landlord's portfolio. I don't
recommend debt, but a fixed-rate mortgage locks in your interest rate that will
not go up as Fed interest rates chase inflation higher.
3. Buy TIPS. Treasury Inflation Protected Securities (TIPS) are indexed to the
Consumer Price Index so they gain absolute value as inflation rises, though in
relative terms they just keep you even. They're not big moneymakers but consider
them insurance against inflation.
4. Avoid bonds. Inflation is the enemy of bonds because the income they pay
is fixed at the time they're issued. So you're stuck with that rate even as
inflation climbs higher and erodes the return from the bond.
Yours for the truth,
Bob
Livingstone
SIDEBAR:
Enemies of the Deep State: The Government’s War
on Domestic Terrorism Is a Trap
The Deep State’s Stealthy, Subversive, Silent
Coup to Ensure Nothing Changes
A Nation Imploding: Digital Tyranny,
Insurrection and Martial Law
How to Boost Your Credit Score and Avoid Credit Repair Scams
Conservatives Need to Rise Up Against the Left
A Grocery Stockpiling Guide: How and When to Save
Stockpiling can drastically lower your
food costs. Use these tips to learn how to spot the lowest prices and pounce.
Soon you'll have a food stash set up so that you never have to pay outrageous
prices again.
Upcycling Free and Cheap Items for Profit
Would you like to make some green by
being green? Here's a look at folks who successfully make money upcycling free
or cheap items that might otherwise end up in the trash
Whether
it’s a nuclear holocaust, a deadly plague, the perfect storm, or a large-scale
terrorist attack,
when a cataclysmic event goes down you can guarantee one thing: the power will
go out.
And while you don’t need electricity to
be a hunter-gatherer for the rest of your life, if you want to help return
human society to its former greatness—or just be able to have a James Bond
movie marathon again—you’ll have to figure out how to generate your own power.
There are many options available, from
the amateur to the extreme. Here are a few great ways to enjoy modern
technology after the shit hits the fan...
7 Ways You Can Generate
Power After a Disaster
You may also like...
Surviving a Massive Power Outage in the City
Under tyrannical big government, the swamp elitists want
to make us all their slaves. To establish and defend our freedom, we must first
understand where our rights actually come from.
They
don't come from government. They actually come from God and are granted to you
at the moment of conception. They persist through your entire life.
In
today's philosophical Situation Update, I reveal the key origins of all human
rights and how to instantly notice when governments or corporations are acting
in alignment with Luciferian aims (destruction and darkness) rather than divide
alignment (abundance and transparency).
This
is a very important framework for understanding what comes next... and for surviving
the collapse that's inevitable.
See the full article and hear the podcast here.
Useful stuff
NEW-STOP the Socialist Agenda T-Shirt
https://www.bonanza.com/listings/STOP-the-Socialist-Agenda-T-Shirt-Bonus/924898489
Useful
Resources from our storefront-See new items!
You Can’t
Buy Life Insurance After You’re Dead-Prepare NOW for Emergencies…
NEW! Home Circuit Power Saving Device-Save 30—90% on Your
Electric Bill.
Home Circuits Power
Saving Device-Environment Friendly!
…as advertised in Reader’s Digest
Power Electricity Energy Savings Device- 30% or
more Savings 90V-250V 50Hz-60Hz
Easy-to-use---No
Maintenance Provides or a more stable environment for your household electrical
grid…invented in Germany
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portion of our proeceeds is donated to charitable Veterans groups such as
Wounded Warriors & the VFW!
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storefront…
1 comment:
I do believe Biden & his puppet masters want to crash the economy purposely & put the Middle Class out of work while increasing taxes on the little guy-this way they can control the mindless masses through handouts. Consider his crushing the Keystone Pipeline project & screwing citizens by magically giving a free pass to illegals which drives wages down while straining state budgets [increase in welfare, schools, medical budgets]...
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