Poor Man Survival
Self Reliance tools for
independent minded people…
ISSN
2161-5543
A Digest of Urban
Survival Resources
More ‘Helicopter’
Cash and Hyperinflation?
You and I both know an
economic collapse is right around the corner…
And that the government is giving handouts like never before.
In early March, “Venezuela’s central bank said… it would introduce
a bank note worth 1 million bolivars,” Reuters says.
How long before that happens in America?
Printing the bank note comes after “years of incessant
hyperinflation [that] continue to batter the value of the crisis-stricken South
American country’s currency.
“The new bank note will be worth just 52 U.S. cents at the
current official exchange rate,” Reuters says. Or as one Twitter user puts it,
1 million bolivars can buy one liter of tomatoes at the local market.
As if that’s not stunning enough, “according to the central
bank… interannual inflation was running at 2,665% as of January.” Which is down
considerably from the height of inflation in 2018 — a stomach-dropping
65,000%.
Meanwhile,
central bankers in D.C. changed course in 2020…its policy changed from printing
money and handing it to Wall Street to the old ‘helicopter’ money ways of
showering cash in the form of direct payments to citizens.
Though temporary in nature, it’s unlikely bureaucrats will be challenged
to stop what they’ve started. This week many students got government checks for
$112…Response and Relief
Supplemental Appropriations Act (CRRSA) Higher Education Emergency Relief Fund
emergency grant in the amount of $112.
Direct
payments to citizens undermine free markets and the dollar [something our domestic
socialists and Communist China desire].
As I’ve written before, full socialism in the United States isn’t far
off as Congress borrows additional trillions as Covid relief turns into
universal basic income.
The
U.S. must roll $7.7 TRILLION in debt this year alone…the Biden Admin will be
counting on the Fed to buy/finance this debt. As a result, we see:
We
continue to see dramatic demand for physical silver silver coins, bars,
and rounds --
and a tremendous inflow of new precious metals investors.
Here's a quick update on what
we're seeing from our perch from one of the largest dealers in America...
In the past month, there has been high interest in the silver story – its
growing industrial uses, its growing investment demand, and the pre-existing
bullish posture of the silver market itself.
But despite the continuously
high demand, true silver
shortages haven't emerged... yet.
That said, it's still a
mad scramble to keep inventory on the shelf -- and the silver supply situation
is highly tenuous. On
top of that, recent weather issues in many areas of the country have slowed the
transportation of metal.
We are also now beginning to see some supply issues emerge
1.
If you add up all of
the money the U.S. has ever printed… over 40% of it was
printed in 2020 alone.
2.
In three months in
2020, the U.S. increased its deficit by more than it had during the past five
recessions combined (’73, ’75, ’82, early ‘90s and the Great Financial Crisis
of 2008).
3.
Under Jerome Powell,
the Fed bought more Treasuries in SIX WEEKS than it did in 10 years under Ben Bernanke and Janet Yellen.
4.
Agricultural
commodities prices are up nearly 40% since August.
Well, buckle up,
because today we’ve got a new astonishing fact…
The Commodity Research
Bureau (CRB) index is up 75%
since its April low — more than double the performance of stocks over the same
time period.
True National Debt
Exceeds $123 Trillion, or Nearly $800,000 per Taxpayer: Report
RELATED
If pandemics have taught us
anything, it’s how important it is to keep a functional home and take the necessary
steps to create your own food supply chain.
With many jumping on the
homesteading bandwagon, it’s important to know the facts because there are
challenges when it comes to creating a homestead.
If you are gearing up to take the beginning steps toward a homesteading
lifestyle you will want to read this article about how to create your own food
sources through gardening, livestock care, essential gear, and tips and tricks
that I've learned along the way.
READ MORE: A Quick Guide to
Small-Scale Homesteading
SIDEBAR
You’ve
probably read quite a few articles over the past year that list how much water
and food you should have in your emergency pantry. Now it’s time to think about
the other items that are essential to survival.
Of course, the type of emergency, where you live, and the time of
year will factor into the supplies you need. But we’ve put together a list of
non-food items you should consider gathering as part of your emergency
preparations.
1.
Air Pump - You can use a
hand-held pump to pump up your vehicle’s tires, rafts, or flotation devices...
100
Non-Food Items You Should Stockpile
You
may also like...
30
Survival Items Every New Prepper Should Get
Grocery Prices to Continue Upward Trend Throughout 2021
Disaster
Preparedness for Families
There are the, for lack of
a better word, glamorous aspects to preparedness. You know, killing zombies,
helping Will Smith stop an alien invasion or getting your “Red Dawn” on. But
preparedness has a less sexy side, and that is bad weather or general mayhem.
Recently, we were prepared to weather a storm that turned out to be for naught,
but it was comforting to be ready. And the kids got to play along... Full Article
https://www.theepochtimes.com/mike-lindell-free-clean-s
READ: How We Get Inexpensive Internet Off-the-Grid
Nature's Generator Elite
https://naturesgenerator.com/collections/essentials/products/natures-generator-elite
USEFUL RESOURCE
From the Mike, the “My Pillow” guy…
FRANK, America’s brand new social media platform, will debut
on Monday morning, April 19, at 9 AM EST. There is still time to get the VIP
code to gain early access to Frank on Sunday, by going to FrankSpeech.com and
entering your phone number…
The greatest domestic
threat Americans face is internal…the Radical Left socialists/globalists [aka: Dems]
USEFUL
STUFF…
Liberty
Band Emergency Solar Radio
Staying informed could be a matter
of life and death.
That’s why federal and state
agencies advise that every American home should have an emergency radio.
Don't
get caught off guard during a lengthy quarantine or natural disasters.
Preparation is, as usual, the absolute key...
https://www.bonanza.com/listings/Liberty-Band-Emergency-Solar-Radio/975136935
Our phones are extremely important in a crisis.
They hold
information and special functions that are essential for survival.
Essential
information like important contacts, incoming public alerts, and they give us
online access to survival strategies and life-saving techniques.
Your phone
also has special functions like digital compasses, levels, and even the tiny
flashlight that can be the difference between life or death in a crisis.
Your phone
is that important, and should not be overlooked as an
essential survival device.
THE MAJOR
PROBLEM: Your phone’s power fails quicker than any survival tool you
own.
THE
SOLUTION: Fortunately, when you grab this "forever charger," your
phone will always be charged…available at our storefront!
Free enterprise, limited
government, individual freedom!
Contributors
and subscribers enable the Poor Man Survivor to post 150+ free essays annually. It is for this reason they are Heroes
and Heroines of New Media. Without your financial support, the free content
would disappear for the simple reason that I cannot keep body and soul together
on my meager book sales & ecommerce alone.
You Can’t Buy Life Insurance After You’re Dead
Not Prepared?
That's Bad News...
You Can’t
Buy Life Insurance After You’re Dead-Prepare NOW for Emergencies…Small radios,
hydrapaks, books, emergency power cell
or solar/battery radio weather radio!
Support our
efforts by shopping my storefront…
A Smoking Frog Feature, Shallow Planet Production
4 comments:
We're already seeing the effects of Biden: higher food n fuel prices, shortages at the supermarket, higher prices for almost everything and continued delays on items we've ordered...welcome to a socialist states of America.
Biden has been a disaster for our nation & is likely to worsen things w/ over spending, attempts for DC statehood, gutting our rights & more. will the sheep stand by while getting sheared or follow in the footsteps of our founders & break free of the bonds of slavery?
Cash seems to be a dying commodity. Why is that?
Studies show that people are using their debit cards more than cash, but even more than debit cards are credit cards.
It’s so easy to just charge everything onto a credit card and not have to think twice if you have the money! You can just pay it all at the end of the month anyway, right?
At times it seems like Monopoly money.
That’s why I always have cash on me. Not a lot, but just enough.
Caracalla’s undisciplined attempt at controlling inflation was about as effective as Venezuela trying to ‘fix’ its hyperinflation by chopping five zeros off its currency.
In fact this same story has been told over and over again throughout history:
Governments who spend too much money almost invariably resort to debasing the currency.
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