Showing posts with label destruction of Middle Class. Show all posts

Wednesday, May 24, 2023

Fed is cracking open your piggy bank

Poor Man Survival

Self Reliance tools for independent minded people…

www.poormansurvivor.net

ISSN 2161-5543

A Digest of Urban Survival Resources

The Fed is breaking open your piggy bank

What might trigger a crack in the edifice? A gradual perception by the crowd that they are losing financial ground and are gradually becoming poorer? This occurs at the point that government has sucked the vital life out of the public and their assets.

This has been happening for some time. For example, husbands and wives must both work to survive even poorly. This is a modern sign that the people are falling behind. More and more there seems to never be enough and so families are getting smaller.

Children are economic liabilities so government resorts to mass illegal immigration to replace the failing population that they have sucked the lifeblood from.

The masses that have been behind financially for so long now ushered Donald Trump into the White House to fix the imbalance. But the elites have mechanisms to obfuscate and prolong the illusion.

How is it accomplished? The American people don't know that we have in the United States a real economy and a financial economy. The financial economy does not represent real valuations but was created by the Federal Reserve to avoid deflation and consequently turned into multi bubbles.

It is this bubble aspect of the economy that creates the illusion of prosperity and wealth. At some point, all the bubbles will pop and the real economy based on production and savings will come down to earth. Profits will be foremost and inflated debt will vanish after many years.

Crash or soft landing?

Trying to figure out a timetable for hyperinflation or deflationary depression is only a guess. Keep in mind that we can instead have stagflation, which we might be starting to experience now, or a prolonged inflationary depression, the worst of all.

So prices are rising yet we have no growth, nor the prospect of growth due to extreme debt and intervention. Yet if the philosophical monetary position of government holds, no deflation or depression will occur in the near term.

I think that it is more than clear that the authorities will rely on the printing presses to keep up the float hoping for a soft landing.

Thus, the need for a plan to spend more and more trillions with each budget, even though it will mean yet more fiscal inflation. But, despite much gnashing of teeth over inflation, the people want inflation no matter the long-term consequences because it provides the illusion that they are "making more money."

The perpetrators of our national financial propaganda regime have ingrained in the people that they would rather have "price stability," which is code for price increases through inflation, instead of zero inflation. Along with that, they've instilled an "irrational" resistance, according to Yale professor and Nobel economist Robert Schiller, to wages that would be declining should we have zero inflation. After all, if it were exposed that trading goods and services for dollars was a losing game, the system would collapse instantly.

You see, dear reader, the people have been trained to want their wages to go up even though prices are going up as well because it makes them feel like they are doing better — though the reality is that they are not, in real terms. This is the Great Currency Conspiracy that Merrill Jenkins revealed during his lifetime.

Mainstream media outlets desperately do not want you to remember that the more credit the banks create, the more debt accumulates in the economy. Bank-created credit becomes the borrower's debt. Therefore the Gross Domestic Product (GDP) can increase and grow on debt and consumption equally as it can grow on production. This is the world's economy now.

The 2008 financial crisis was not a "crash." It was merely a slowdown — not even a contraction, simply a slowdown — in the expansion of credit. And the world's economy almost collapsed. Yes, that means credit was still expanding, but very slowly, and that is a disaster for Central banks. It cannot be allowed to happen. So people must believe they are making more so that they will continue to believe they can "afford" things so that the illusion of prosperity continues.

In fact, since Jerome Powell announced another increase in the Fed Funds rate, we merely got more evidence that the Fed is going to keep shuffling the same money piles back and forth to continue the charade that it is doing something constructive for the American people.

The truth is much different

There is much fretting about an effective fed funds interest rate of 5-5.25 percent, but this is still historically low. You must realize that keeping interest rates low helps the banksters and keeps government's fictional "debt" low, which allows it to spend more money. Yet this is devastating to savers and people living on fixed incomes, pensions and retirement funds when "official" inflation is almost 10 percent and real-world inflation on goods and services is 30 percent, 50 percent, and over a hundred percent in some areas of the economy.

This continues the great rape of the American people for the benefit of the banksters who borrow money from the Fed for almost nothing then loan it out for a return of between 7 percent (home mortgage) and 29.99 percent (credit card). It's really quite a racket when you think about it. Especially considering that when you are no longer able to repay the loans because of the economic conditions created by the Fed and bankster criminals, the banks can then confiscate your property — or, as is the case in some instances, the government will steal money from those who are working and still able to make their payments and use it to pay the banks on behalf of the homeowners.

Even a slightly higher interest rate keeps the interest paid on savings accounts at far below the rate of inflation. By using fudged inflation numbers that don't include the things you are actually going to buy, government doesn't have to make cost-of-living increases on Social Security payments. This puts a tighter squeeze on those who struggle to pay for their groceries — again those on fixed incomes, living off savings or Social Security.

As Lord Keynes said, "In the long run, we are all dead." But I have to admit that socialist or fascist governments can sometimes continue to pull rabbits out of the hat. The government always relies on inflation plus petrodollar strength against other currencies.

Yours for the truth,

Bob Livingston
Editor, The Bob Livingston Letter^®

“The main problem in any democracy is that crowd-pleasers are generally brainless swine who can go out on a stage & whup their supporters into an orgiastic frenzy—then go back to the office & sell every one of the poor bastards down the tube for a nickel apiece.”

~ Hunter S. Thompson

TRAVEL ADVISORY

If you value America & its freedoms and values, we’re issuing this advisory against travel to or spending your money in the following anti-freedom states: CA, NY, MD, MA, NJ.

COMMUNISM: The Most Evil Religion

US Empire of Debt Headed for Collapse

If you look at what is going on with the financial system and says there is not really an effort to save it. I would imagine the wheels will have fallen off on pretty much everything by the end of the year. Even if you had good actors running things, at this point, I think we are too far over the edge. . . . I think what they are doing is trying to steer the bus off the cliff. Mathematically, the debt can never be paid back.

Great Depression 2.0 Is Incoming

15 EMP-Proof Survival Items You Should Be Stockpiling

One of the disasters that preppers fear the most is an EMP (electromagnetic pulse). Why? Because it would literally throw us back a couple hundred years by knocking out the power and rendering all electronics useless. That means no more cars, lighting, hospitals, internet, cell service, hot water… the list goes on and on.

It's been estimated that 90% of people would die after a year without power. To avoid being one of those people, you need to stockpile things that are EMP proof.

As you will soon see, there are many items that are fully invincible to an EMP. This list is presented in alphabetical order...

15 EMP-Proof Survival Items You Should Be Stockpiling

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Alternatives to Selling Your Stuff On eBay in 2023

Got some stuff you’d like to get rid of? Why not get some money for it? eBay is a great way to do that, but here are some alternatives you might prefer.

SIDEBAR

Help us to protect and preserve our freedom, self reliance-your support is appreciated! May is National Law Enforcement Month!

St. Michael the Archangel: Patron Saint of Police Officers

As the patron saint of police officers, St. Michael knows what it means to face the threat of evil and imminent danger. Saint Michael had a history of battling evil; of which there is plenty in our society!

We’re donating St. Michael pendants to area police & sheriff departments…your donations help. Use the PayPal ‘donate’ button at the top-any amount is appreciated.

Power Grid Down and So Is Your Heat? No More!

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Be Ready For The Unexpected-Emergency Supplies Available

Natural & Man-Made Disasters happen frequently-Is your family prepared for the unexpected?

· Emergency solar/hand cranked radios; First Aid supplies, Emergency kits, 72-Hour Food Kits, Bug-Out Backpacks

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Natural disasters don't wait for a convenient time

And you shouldn't wait to prepare either. In some cases there is little to no warning.

Prepare now to lessen the impact of disasters and emergencies

Remember: You can’t buy life insurance after you’re dead!

Useful Resources from our storefront-See new items!

You Can’t Buy Life Insurance After You’re Dead-Prepare NOW for Emergencies…

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Support our efforts by shopping my storefront…

http://RetroGuy.net

Thursday, April 27, 2023

As Dollar Declines in Value-Are you Prepared?

Poor Man Survival

Self Reliance tools for independent minded people…

www.poormansurvivor.net

ISSN 2161-5543

A Digest of Urban Survival Resources

Every single dollar you own has lost over 17% of its value since COVID first appeared.

ARE YOU PREPARED?

Inflation & high utility costs are ravaging most families & few are prepared for emergencies…[I know many will ignore these posts and will wind up being crushed during emergencies]

The worst is NOT behind us... I believe things are about to get much worse.

Red flags are now popping up everywhere.

EX: Bank lending just contracted by the most – EVER – in history.

Inflation at the supermarket & gas station is the worst since Jimmy Carter was in office [yet Biden still has lemmings which support him; though his approval rating is only 9.5%]

And now, there's a real risk the petro-dollar could be wiped out, for good.

Here are a few ideas to help you survive and bug out after a disaster has occurred.

Before leaving:

Before leaving after a disaster, you need to prepare for being completely on your own.

Don’t expect gas stations to be working. If you don’t have enough fuel to get to your destination perhaps don’t go.

In addition, be ready to run into other people. Especially people that are stranded or might need help.

If you have a roof rack full of supplies, you might want to consider putting it inside your vehicle or hiding or camouflaging it - you don’t want to paint a target on your back.

Exit route:

Before you decide to leave, have a well-planned route, and at least a few backup routes figured in your plan in case your main route is blocked or shut down.

Also, you want to avoid city centers or more densely populated areas. These are more likely to be crowded and dangerous.

Make sure you are using paper maps. After a disaster, your GPS could be unreliable. It won’t know if a road is washed out or blocked.

Ideally, you want to stay away from any well-traveled roads. This is where you want to utilize back country roads that most people don’t know about or frequently use.

Prioritize gear:

The gear you pack in your car before a disaster and the gear you pack after a disaster will be different.

For instance, after the disaster, you might know that water is contaminated in a 100-mile radius.

This means you should pack more water in your car from storage than you likely planned.

Also, only take clothes that make sense. If you are leaving in the middle of summer, you can leave your winter coat at home.

Another thing to keep in mind is that your vehicle is your new “home.” You might reach a point when driving where you need to abandon the vehicle and walk.

For this reason, you should have your bug-out bag ready to go in your car, so you’re able to walk away in seconds if you're in danger.

When you bug out after a disaster there is a chance you might not ever return. When packing your car, do it inside the garage.

Bottom line, evacuating a city that has been destroyed is difficult. There will be more challenges both physically and emotionally.

That’s why it is best to get prepared now with your gear and planning (and backup plans) so you will be ready in case of an emergency, not scrambling when it hits.

And there is one way to get ready for the biggest threats facing Americans today.

I’m talking about famines, droughts, sky-high inflation, civil collapse, rampant violence, and even all-out war.

Sadly, these days you need to be prepared for all of this – and you need to be prepared for them all to happen at the same time.

Could You Survive?

Every time you turn on the news or get on the internet, you are bombarded with images of one disaster or another. Sometimes it is a tornado, hurricane or earthquake and other times, it is civil unrest that is wreaking havoc. Then there are the terrorists that are always working hard to make this world an unpleasant and uncertain place to live...

One thing everyone agrees on is this: it’s not if a massive disaster is coming, it’s when. Most agree too that our dollar will continue its slide south.

SIDEBAR

Help us to protect and preserve our freedom, self reliance-your support is appreciated!

St. Michael the Archangel: Patron Saint of Police Officers

We’re donating St. Michael pendants to area police & sheriff departments…your donations help. Use the PayPal ‘donate’ button at the top-any amount is appreciated.

How a Large Family Can Reduce the Grocery Bill in 2023

A family of six wants to cut the grocery bills in half. Sound impossible? Read on for tips that can help any size family eat well on a tight budget.

Revolutions that have historically begun by small sparks that smolder for a while before becoming raging infernos ultimately envelop and overwhelm statist government and reform it into something new.

Mainstream Americans are victims of hate mongering, lying, manipulative media, teacher unions, colleges, Socialist-Democrats…Normal people & culture are under attack by leftists who seek to divide & bury our nation.

40 Uncommon Items Every Prepper Should Have

Stockpiling everything you need to survive an apocalypse on any level can be a little overwhelming. It’s easy to think of the most obvious things like food, water, and some of the basic first aid items.

While those items will help you in the first days and weeks following a disaster, it’s better to plan for the kind of event that could disrupt the world for months or even years. When you look around your house today, it’s easy to overlook the little things you have because they seem insignificant.

But when even the little things are no longer readily available, they quickly become big things. You need to plan for a life that is anything but normal, and to do that, you’re going to need to think outside the box to handle tasks without the benefit of professionals a phone call away...

40 Uncommon Items Every Prepper Should Have

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