Hyper Inflation in our Horizon

 

 

Poor Man Survival

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 HYPER INFLATION ON THE HORIZON

How A $7611 Monthly Social Security Check Became $1473 And Why Digital Money Won’t Stop This Theft

 

Just When Social Security Was About To Collapse A Half Million American Retirees Died Prematurely Of COVID-19. That Saves ~$48.5 Billion. Was This All Pre-Planned?

 

Elitist Bank Of International Settlements Issues Digital Currencies Guide But Doesn’t Instruct How To Correct Ongoing Central Bank Public Robbery.

 

The game is as old as the Roman Empire.  The Roman Emperor was to be worshiped.  He ruled by executive orders.  Conquer other lands, then issue a new currency, in this case a silver denarius, said to be worth a day’s wages at the time, and force the conquered to pay homage (taxes) and you control and subjugate the people.  Then shave silver off the edges of the silver coins, something called debasement, akin to inflation with modern paper dollars.  Eventually the silver content of a denarius fell to zero.

 

  Shrewd Roman soldiers reportedly refused to accept debased silver coins as payment for their services.

So readers can roughly assess the rate of inflation over the centuries, the Bible says Jesus fed bread to 5000 which would have cost ~200 denarii or a half-year’s pay at the time. A denarius would be worth ~$2.60 today.  A $1 slider (small hamburger) would cost $5000 or 1,923 denarii to feed those five-thousand today.

 

Back in the day, a Roman denarius could buy a male slave (500 denarii), a female slave (2,000-6,000 denarii) or an apartment (48-288 denarii/year).

Today, overspending world economies based upon fiat currency (unsecured paper money) have printed themselves out of insolvency at the expense of their tax payers by using inflation (printing more paper and electronic money which dilutes the value of existing money and results in less purchasing power) to keep the ship of state from sinking financially.

As Matthew Piepenburg says: “there’s no better way to get themselves (the central bank) out of a $30T public debt hole of their own digging than by sucker-punching the masses with deliberate inflation to pay off their own debt binge with increasingly inflation-debased dollars.”

 

A $1437 Social Security check should be $7611!

If you had to increase Social Security checks pegged to the real rate of inflation (not the published rate of inflation), the average $321 Social Security check in 1980 would be $7611 today (ShadowStats.com inflation calculator), when in fact the average SS check today is only $1437.

According to ShadowStats.com the real current rate of inflation is 13%, not the central bank’s target rate of 2%.  You get the picture.  Today’s money is not worth yesterday’s money.

 

Meanwhile, the price of a 1-ounce gold coin is ~$1800 today when adjusted for inflation from $850 in 1980 to the present, it would be $21,900.  Somebody is manipulating precious metals prices downward so there is no competition for the increasingly worthless paper money.

 

Hidden erosion of wealth

Naïve Americans check their savings account and it has about the same amount of money in it from year to year, interest rates being less than 1%.  Most Americans don’t realize the value of their money is being eroded and doesn’t have the same purchasing power it once did.

The people will never notice that the good money they put into the system was paid back in weak money when taken out decades later.  This is public robbery of the highest order

https://www.lewrockwell.com/2021/10/no_author/how-a-7611-monthly-social-security-check-became-1473-and-why-digital-money-wont-stop-this-theft/

 

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According to Jack Dorsey, hyperinflation will occur in the United States soon. He assures his 6 million Twitter followers that “hyperinflation is going to alter everything.” It’s occurring right now.

https://republicannation.com/white-house-cant-contain-it-any-longer-twitter-ceo-goes-public-with-hyperinflation-warning/

 

Unfortunately, inflation will continue for at least the next 2 years unless something unheard of happens. Biden’s trillions in stimulus money continues to flood the economy, making inflation worse. And the Fed doesn’t plan to raise interest rates until 2023 at the earliest.

Between now and then, inflation will continue to run HOT — possibly even hotter than right now. Which means higher prices at the pump, the grocery store, the dealership — anywhere you normally buy goods and services.

Fortunately, Ben Stein has some suggestions to protect you from Biden’s runaway inflation. He explains it all in his NEW report called “Inflation, Debt & Disaster”.

This report is 100% FREE, and you can download it in seconds right here.

 

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Heating Costs Expected to Skyrocket This Winter

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Is It Time To Start Talking About Hyperinflation?

Our leaders have been creating, borrowing and spending dollars at a pace that is far beyond anything that we have ever seen before in U.S. history, and yet they would have us believe that the terrible inflation that they have created is just “temporary”.  They must think that we are really stupid or really gullible (or both), because anyone with even a shred of common sense can see that this is going to end badly.

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FREE e-books…Includes the original book by Libertarian Harry Brown’s ‘Live Free in an Unfree World.’ We had the honor of meeting him at a political function in MI before he passed away…PLUS a guide to surviving inflation!

 Download at: https://1drv.ms/u/s!AgMpmQI6plfXiE2M3af5iSABRbKo?e=9eKaUr

Inflation Report: https://1drv.ms/b/s!AgMpmQI6plfXh1RsZVn1Sl-qx_kO

 

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URBAN SURVIVAL HANDBOOK

https://cdn.4patriots.com/downloads/pdf/reports/4Patriots-Ultimate-Survival-Handbook.pdf

 

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If your plan is to stand your ground and defend your home from intruders, you need to be prepared in case you or someone you care about gets shot. In this video by City Prepping, you’ll learn what medical supplies you need to have on hand and why...

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I’ve purchased a couple of power banks to add to my bug out bags. Do they lose power over time? How often should I check or recharge them?

 

-From Chris D.

 

Answer: A quality power bank can hold a charge for up to 6 months.

 

The thing is, most power banks will slowly lose charge over time depending on the temperature the power bank is stored at.

 

In addition, lithium-ion, and lithium-polymer batteries used in power banks eventually lose their capacity (typically between 200 up to 1000 cycles depending on the battery cell quality.)

 

The bigger the battery is, the less cycles you will need to charge it and the longer it will last. But, I would check them every 6 months if I were you.

 

Inflation to Rise Faster Than Previously Projected: OECD

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A Smoking Frog Feature, Shallow Planet Production

 

SURVIVING HYPER-INFLATION

 

 

Poor Man Survival

Self Reliance tools for independent minded people…

www.poormansurvivor.net

ISSN 2161-5543

A Digest of Urban Survival Resources

 

 

SURVIVING HYPER-INFLATION

 

 Although this is a newsletter dedicated to Prepper resources, I’d like to start off by sending my condolences to all the families who lost a loved one in the tragic condo collapse last week in Surfside, Florida…

 

   We’re seeing inflation bites everywhere from your local hardware store to McDonald’s and the supermarket-your dollar buys less thanks to the vegetable [primarily] in the White House…Below are excerpts from a Romanian patriot demonstrating how to survive this hidden tax.

   Lehel recently began creating a series of videos about his experience in Romania and what regular Americans can do to prepare for a potential hyperinflationary scenario.

Lehel recently began creating a series of videos about his experience in Romania and what regular Americans can do to prepare for a potential hyperinflationary scenario.

Lehel created a framework he calls CS4: Connections, Sustenance, Shelter, Security, and Skills.

His latest video outlines his personal blueprint for preparing for hyperinflation. In today’s episode, I’ll outline the larger points.

Enter CS4

Connections - keep the lines of communication open with family and neighbors

Sustenance - think of possibilities how to grow and store food where you are

Shelter - have money saved for mortgage and rent for the next 3-6 months at minimum

Security - create a security plan, consider upgrading your house

Skills - list your hobbies and skills, and what others might need that you could provide

In previous videos, he laid out a rough timeline of Romania’s currency collapse:

→ The cost of raw materials started rising

→ Other things began rising in staggered waves

→ Supply chains started breaking down

→ Salaries rose (a little) to compensate for the “new normal”

→ Rationing began at the supermarket

→ The value of savings was destroyed

→ Loss of confidence in everything

Does any of that sound familiar? Perhaps.

His latest video outlines how the elite get richer in hyperinflation… and how you can, too.

The Paradox of Prepping

Lehel initially had reservations about making this video. As he mentioned, most people in Romania got rich off of the misery of others during hyperinflation. “So, unfortunately,” he said, “telling you the stories, I was thinking that maybe I’m training you to become rich on people's misery.”

But, on the flipside, ignorance is why people get bilked through hyperinflationary periods. Before it hits, they don’t realize what is happening, assume everything will go on as it has, and get destroyed because they did nothing to prepare.

The more people there are “in the know,” the more dynamic the market, the less gruesomely tilted it is in the whale’s favor.

The paradox of crisis preparation is that if everyone prepares for a major crisis, the major crisis never manifests, at least not with the severity it would have. Financial crises happen due to a lack of confidence and a lack of alternatives. “Preppers” are just anticipating the day when they can no longer trust in the systems, so they preselect alternatives. Those who don’t preselect alternatives are forced to compete with everyone else for what’s left.

“Technically,” says Lehel, “if everyone were ‘in the know’ that this scenario could happen, then nothing would happen. Everyone would be prepared.”

Unfortunately, this typically never happens. Most people will hold onto their normalcy bias until the bitter end when crises create zero-sum outcomes.

Win-Win vs. Zero-Sum

In a well-functioning, free economy, wealth-building is not a zero-sum game. Contrary to popular thought, it is not required for wealth to be acquired by means of making someone poor.

In a healthy, accessible (free), and dynamic economy, a rising tide can indeed lift all boats. A healthy economy is built on ideas, discoveries, ingenuity, and elbow grease. And the former three things are infinite. The pie of wealth expands as new ideas, products, and services are brought into the market, thriving not by coercion but on consensual transactions, agreements, and voluntary actions.

In an unhealthy economy, on the other hand, a rising tide sinks most boats. Bad monetary policy consolidates power, thereby artificially constricting good ideas, groundbreaking discoveries, and ingenuity.

Moreover, during the inevitable sharp downturn, economic activity slows far more than it would during a healthy recession, often devolving into a crisis. During a crisis, economic activity grinds to a halt, and those with wealth can scoop up assets from those without money for a pittance.

In 2008, if you still had your shirt and sanity, it was the easiest time to set yourself up for incredible wealth by taking what others couldn’t afford to keep.

You prepare for a crisis, says Lehel, so that you can “compete for the remaining assets that remain in hyperinflation against some of these big sharks.” You get rich by being nimble and staying one step ahead of the herd.

How to Get Rich

Lehel recalls all of the stories from Romanians who also lived through that time. Most of them went something like this:

“I remember my father and mother were saving up for a house during that time. Eventually, they were only able to buy a shoe, a bicycle, or a TV set with that money.”

The stories hit home. His own relatives had enough money to buy two houses before hyperinflation hit. Not long after, however, that money could only buy a black-and-white TV.

In a hyperinflationary scenario, the price of everything is going up while the value of the currency is going down.

The way you get rich is by sitting on the sidelines as the market bleeds out, waiting for the right time to pick up assets for a song. But, obviously, you don’t want to sit on the sidelines with the failing currency.

The question then is, what’s a proper “sideline” investment? “In our case, in Romania,” says Lehel, “it was other currencies because our hyperinflation was local hyperinflation. While it wasn’t technically local -- a lot of other Soviet satellite states went through similar problems -- there were other Western European countries, the United States, and other countries whose currencies weren’t affected.”

In the ‘90s, sitting on the sidelines meant that you were in German deutschmarks or US dollars. From the perspective of those holding these currencies, house prices in Romania were plummeting.

The same can be said for those who’ve held bitcoin for the past five years. Though in dollars, house prices are flying through the roof, in bitcoin, they’re dropping.

One way to “short” the dollar with relative safety is with a mortgage. There’s a reason Blackrock is piling into the housing sector. They’re shorting the dollar with assets, betting that the housing prices will outperform the dollar’s strength.

Although tempting, Lehel advises steering clear from leverage. Though it might seem obvious that the dollar is headed down, the market can remain irrational longer than you can remain solvent.

Of course, one of the safest ways to “sideline” and preserve your wealth in the meantime is precious metals.

Gold and silver will be the first to disappear during hyperinflation.

If hyperinflation hits, in fact, there might be a time where you can’t get gold and silver for any price. And, when the time’s right, people will be willing to trade other assets for your precious metals.

It’s as close as you can get to a “sure thing” when it comes to preserving your wealth. That way, you’ll be able to sideline your money for the right opportunity when it arises.

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If the Biden administration goes after Second Amendment sanctuary jurisdictions, it could find itself embroiled in hundreds of lawsuits with little chance of success due to Supreme Court precedence. This year, at least 11 state governors signed bills into law protecting the Second Amendment rights of its residents. In Utah, all 29 county sheriffs signed a pledge this month promising to uphold the Second Amendment. And hundreds of county and local governments have become Second Amendment sanctuary jurisdictions.

 

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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.

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A Smoking Frog Feature, Shallow Planet Production