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Showing posts with label save money tips. Show all posts
Showing posts with label save money tips. Show all posts

Monday, February 6, 2023

The Dollar Collapse is now in Motion; Money Saving Tips

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Poor Man Survival

Self Reliance tools for independent minded people…

www.poormansurvivor.net

ISSN 2161-5543

A Digest of Urban Survival Resources


 




The Dollar Collapse is now in motion

Money Saving Tips

The decline of a currency's world reserve status is often a long process rife with denials. There are numerous economic "experts" out there that have been dismissing any and all warnings of dollar collapse for years. They just don't get it, or they don't want to get it. The idea that the U.S. currency could ever be dethroned as the defacto global trade mechanism is impossible in their minds.

One of the key pillars keeping the dollar in place as the world reserve is its petro-status, and this factor is often held up as the reason why the Greenback cannot fail. The other argument is that the dollar is backed by the full force of the U.S. military, and the U.S. military is backed by the U.S. Treasury and the Federal Reserve. In other words, the dollar is backed by... the dollar; it's a very circular and silly position.

These sentiments are not only pervasive among mainstream economists, but they are also all over the place within the alternative media. I suspect the main hang-up of liberty movement analysts is the notion that the globalist establishment would ever allow the dollar or the U.S. economy to fail. Isn't the dollar system their "golden goose"?

The answer is no, it is not their golden goose. The dollar is just another stepping stone toward their goal of a one-world economy and a one-world currency. They have killed the world reserve status of other currencies in the past, why wouldn't they do the same to the dollar?

Globalist white papers and essays specifically outline the need for a diminished role for the U.S. currency as well as a decline in the American economy in order to make way for Central Bank Digital Currencies (CBDCs) and a new global currency system controlled by the IMF. I warned about this years ago, and my position has always been that the derailment of the dollar would likely start with the end of its petro status.

In 2017 I noted that the sudden power shift over to crown prince Mohammed Bin Salman signaled a change in Saudi Arabia's relationship with the U.S. I stated that:

To understand how drastic this coup has been, consider this — for decades Saudi Kings maintained political balance by doling out vital power positions to separate, carefully chosen successors. Positions such as Defense Minister, the Interior Ministry and the head of the National Guard. Today, Mohammed Bin Salman controls all three positions. Foreign policy, defense matters, oil and economic decisions and social changes are now all in the hands of one man.

The rise of MBS was backed by something called the Public Investment Fund (PIF), a fund comprised of trillions of dollars supplied by globalists within Carlyle Group (Bush family, etc.), Goldman Sachs, Blackstone and Blackrock. MBS garnered the favor of the globalists for one specific reason. He openly backed their Vision For 2030, a plan for the dismantling of "fossil fuel" based energy and the implementation of carbon controls. Yes, that's right, the head of Saudi Arabia is backing the end of oil, and part of that includes the end of the dollar as the petro currency.

In 2017 I stated that:

I believe the next phase of the global economic reset will begin in part with the breaking of petrodollar dominance. An important element of my analysis on the strategic shift away from the petrodollar has been the symbiosis between the U.S. and Saudi Arabia. Saudi Arabia has been the single most important key to the dollar remaining as the petrocurrency from the very beginning.

I believed that the threat to petro status would ultimately be spurred on by a proxy war between East and West. I noted that:

World economic war is the real name of the game here, as the globalists play puppeteers to East and West. It is a geopolitical crisis they will have created to engineer public support for a solution they predetermined.

Back then I thought that such a proxy war would be initiated in the Middle East, possibly in Iran. However, it's clear that Ukraine is the powder keg the globalists have chosen, at least for now.

In the years since I made these predictions, the relationship between Saudi Arabia, Russia and China has grown very close. Arms deals and energy deals are becoming a mainstay of trade, and this has led to a quiet but steady distancing of the Saudis from the dollar. This past week, the dominoes were set in motion for dollar collapse when Saudi Arabia announced at Davos that they are now willing to trade oil in alternative currencies.

In response, Xi Jinping pledged to ramp up efforts to promote the use of the Chinese yuan in energy deals. This falls in line with another article I wrote in 2017 in which I how conflict with Eastern nations (China and Russia) would be exploited to create a catalyst for the end of the dollar's petro status.

The importance of the Saudi announcement cannot be overstated; this is the beginning of the end of the dollar. The dollar's world reserve status is largely dependent on its petro-status. Without one, you cannot have the other. This is almost the exact same dynamic that led to the implosion of the British Sterling decades ago as the global petro currency which resulted in the rise of the dollar to take its place.

This time, though, it will not be a single foreign currency that takes on the role of world reserve, it will be a basket currency system controlled by the IMF called Special Drawing Rights, along with a single global digital currency that is yet to be named but is now under development.

The consequences of the loss of reserve status will be devastating to the U.S. economy. It is the only glue holding our system together. The ability to defer inflation by exporting it overseas is a superpower only the U.S. enjoys. The Fed can print money perpetually if it wants to in order to fund the government or prop up U.S. markets, as long as foreign central banks and corporate banks are willing to absorb dollars as a tool for global trade. If the dollar is no longer the primary international trade mechanism, the trillions upon trillions of dollars the Fed has printed from thin air over the years will all come flooding back to the U.S. through various avenues, and hyperinflation (or hyperstagflation) will be the result. It would be a veritable disaster.




This dynamic is already in play, as foreign holders of U.S. debt and dollars have been dumping them at a record pace since 2017. The process continues at a time when the Federal Reserve is cutting its balance sheet and raising interest rates, which means there is no longer a buyer of last resort.

The effects of the decline of the dollar may not be immediately felt or become obvious for another year or two. What will happen is consistent inflation on top of the high prices we are already dealing with. Meaning, the Federal Reserve will continue to hold interest rates higher, and prices will barely budge, or they will climb in spite of monetary tightening. Even in the face of a major recessionary contraction, which I predict will be triggered starting in April, prices will still remain higher.

All the while the mainstream media and government economists will say they have "no idea" why inflation is so persistent, and that "nobody could have seen this coming." Some of us saw it coming, and it's because we accept the reality that the dollar's days are numbered.

To truth and knowledge,

Brandon Smith

 

 

SIDEBAR



4 Ways to Store Food Without a Refrigerator*

Have you ever wondered how people preserved their food in the days before refrigerators existed? Ensuring food was properly stored and preserved was a major priority for families in the era before refrigerators (fun fact: the first refrigerators for home use were invented in 1913).

Today, sticking food in the refrigerator or the freezer so it lasts is a major luxury that most of us take for granted. It’s for that reason that haven't taken food storage without a refrigerator seriously…at least until now (after all, you’re reading this article).

The truth is that even today there are many reasons to learn how to store food without a refrigerator. Besides it being a crucial life skill that you would be wise to learn, these reasons include...

4 Ways to Store Food Without a Refrigerator


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That could also save you $786 a year on average.

 

If you act now.

 

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The dollar has gone from bad to worse, and now the country faces a true crisis as a result. A crisis that could sink the stock market, destroy retirement accounts, and rob Americans of the very way of life that makes this country so great.

 

 

 

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Monday, February 28, 2022

Food in the basement is better than money in the bank

 

Poor Man Survival

Self Reliance tools for independent minded people…

www.poormansurvivor.net

ISSN 2161-5543

A Digest of Urban Survival Resources

 


   For those who read my e-book How to Survive the War on the Middle Class, you may recall a segment where I stated stocking up on food is like having money in the bank…we’ve seen inflation erode our purchasing power and I’m happy I took my own advice.  This plan has saved us an average 25 cents on the dollar.

An economic earthquake is sending destructive waves through our entire economy...

"Food in the basement is better than money in the bank."

There are many reasons for stockpiling a one-year supply of food. The value of food commodities generally increases at the same rate as inflation. Money in the bank doesn't do that. Investing in 500 cans of tuna fish in your basement or dehydrated food that will last five to 10 years is a better bet than putting $350 in the bank.

The most important reason to store food is that it comes in very handy in many situations. Whether it be a large emergency such as an earthquake, flood, volcano eruption, war, strike or economic crash, or something as personal as being laid off work, moving or helping other family members that are down and out or when cash is short, it is comforting to know that you can use your home grocery store to help buffer lean money times.

Supplies – Everything hard to get today will become even harder to get tomorrow. Russia’s actions alone could stress an already stressed supply chain. If China attacks Taiwan, I expect severe disruptions.

 

  • Food – It’s storm season: winter and war all rolled into one. Make sure you stock up today on can goods, dry beans, pasta, etc. Any food you like that would last if the power or banking systems go down. (Might as well get that toilet paper too.)
  • Water – In most homes, water is delivered via electricity. If this Russia and potential China thing goes bad, power outages are a near certainty. Water and sewerage will be a problem. Those who live in the southeast, and are old enough to remember old school hurricane preps, know that as a storm approaches you fill water bottles, gallon jugs and bathtubs. We are doing that in our home today.
  • Prepare your grill – Hurricane veterans also know this rule. If your electric and/or gas systems go down, make a plan to cook your refrigerated and frozen food within a day or two on your grill. Freezers will keep things iced for up to 48 hours, maybe a little longer. But at some point, you will need to cook that food. If things go really south – like EMP south – get the food cooked sooner than later. Since most families only have a few days’ worth of food on hand, you don’t want the glorious smell of a grilling steak wafting over a town of hungry people.
  • Medicine – Like everything else, if supply chains are hit, electricity is down, and banks closed, obtaining your medicine will become difficult at best. (Also, many meds are made in China.) Stock up if you can. Beg your doctor to give you an extra supply of meds or be prepared to pay cash as your insurance company likely won’t cover extras. (Hurricane Katrina survivors like me know how important this is. When the pharmacies close, there isn’t much you can do.)
  • Self-Defense – Desperate people will do their worst with the best intentions. The survival of their own families will allow them to do unsavory things with a clear conscious. Chris is talking to his neighbors about home invasions. This is a legitimate concern. In desperate situations, hungry people will look for targets of opportunity. Don’t let your home be one of those. Keep your doors and windows locked. Pre-set some defensive measures around the house (by this I mean, make sure that if you are surprised by an attacker breaking down your door, you have “help” within reach).
  • Fuel – Fill up your gas tanks. Buy an extra 5-gallon gas can or two. At the very least, you can hedge against rising fuel costs.
  • Cash – Don’t expect ATMs and electronic cash registers to work everywhere. Keep extra cash on hand, along with gold and silver if possible.

 

 

If you ask any supermarket chain manager to tell you how long it would take to empty the shelves in any store in the event of a crisis, the answer would be approximately three days. They just don't keep that much in their warehouses (that's the "supply chain" — orders are only made as needed). And if there were a trucking problem... say, a blockade at the border between the U.S. and Canada? — it would be even fewer days.

Here are some immediate considerations I think are important for your long-term survival.

Food and Water – Ideally, you want to be in a position to grow your own food, can it for storage, and access fresh water from a well or spring. Easier said than done for most people. If you’re not living on land with room for a garden or your own water source, storage may be your only option. Long-term food and water storage are items to consider, as well as a good water filter in case treated water isn’t available. 

 

By taking these baby steps, you will reduce your stress levels. And, if you act today, you will beat the panic shoppers. It’s a win-win. It’s time to get serious about becoming self reliant!

As World War 3 Escalates, Get Ready For A Terrifying Breakdown Of Our Food And Energy Systems



How to Survive the War on the Middle Class

 Download at: https://1drv.ms/f/s!AgMpmQI6plfXh0T3zKGDM-c3PUnr   or here:

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SIDEBAR

 

 

Rents reach ‘insane’ levels across US with no end in sight
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Wary of Being Left in the Dark, Americans Produce Their Own Power
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>>> Today's article will outline 3 simple DIY solar projects as well as videos you can follow along with...

 

Make that tank of gas last longer. We went to two experts to find the best ways to do that: A Mechanic Explains How to Get Better Gas Mileage and Simple Ways to Save on Gas: Tips from an Oil Executive.

The next step is to keep your car in good running order. That means doing necessary routine maintenance (and not getting ripped off having it done). Many simple jobs can be done yourself. DIY Auto Maintenance for the Frugal Car Owner will show you the way.

Some repairs require a trained expert. But even then you can get Auto Repairs and Maintenance for Less.

 


Going Beyond Cheap Recipes to Reduce Grocery Bills

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All fiat currencies lost purchasing power in 2021

 

Although the dollar was technically up about 7% against a basket of currencies, in reality, our currency lost more purchasing power than in any year since 1982 with inflation hovering at about 7%...

 

High inflation will last through all of the coming year as far as I can tell.  The longer bumbling Biden erodes our energy independence, the worse it will get.

 

 

7 Top Foods for Your Survival Stockpile

Which foods are the best to store?

If they’re too costly you won’t be able to store enough. And a bad nutritional balance?

That could see you starve.

All while disaster could be around the bend…

Click Here to Discover ‘7 Top Foods for Your Survival Stockpile’ <<<

 

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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!

Better –Safe- Than- Sorry Super Survival Kit

Your Emergency Survival Kit Includes:

·        4Patriot Solar phone charger

·        72-hour emergency food pack [25 year shelf life+3 Bonus Meals]

·        Solar/Hand crank 4Patriot emergency radio

·        4Patriot Greens sample pack [Power supplement]

·        3 Luna Nutrition bars [assorted]]

·        Cleaning Wipe Pack+Personal Hygiene kit

·        Emergency Rescue Blanket

·        2-Pack Hand Warmers

·        Steel River Emergency Tent

·        Emergency Poncho

·        Deck of Playing Cards

·        Mini [42 piece] First Aid kit

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·         Face mask

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Free enterprise, limited government, individual freedom!

 

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You Can’t Buy Life Insurance After You’re Dead

Not Prepared? 

That's Bad News...

 

Support our efforts by shopping my storefront…

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