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14 Comments

  1. Gary Christenson’s explanation is one of the best summaries I’ve read. There could be an upside (for our children) to what seems like inevitable chaos and suffering coming our way. The flame of liberty could reignite in new republics.

  2. A good read. I personally expect a large war on or before 2025 as a “distraction”. The distraction will be required when the politicians are out of money and promises.

    If the thinking behind The Fourth Turning is accurate then we’d probaby come out of it by say 2030. To what? No idea.
    https://www.washingtonpost.com/entertainment/books/where-did-steve-bannon-get-his-worldview-from-my-book/2017/02/24/16937f38-f84a-11e6-9845-576c69081518_story.html?utm_term=.e9171cbdc4c8

  3. The U.S. is being bought and sold by our politicians and billionaires. There is zero reason for H-1B (and other catagories) workers and zero reason for jobs and industries to be off shored EXCEPT that it makes billions for the elite. Now we are deep into a concerted effort to replace old white voters of European descent with 3rd world immigrants who can be depended on to vote for the left. This is all planned and controlled with the intent to steal your retirements, homes, savings and income. If you don’t fight for your country you will lose it. The full takeover is closer than you think. A key component is they MUST take your guns because they fear (rightly so) a revolt of the silent majority once it becomes obvious that while they were enjoying their life someone stole their country. This is the biggest conspiracy in history and the MSM is complicit in keeping it under wraps. When this finally collapses it will either end in a purge or a revolution depending on one simple thing; were they able to seize most of the guns or not?

  4. Reminds me of the story about the farmer that taught his horse to eat saw dust. His neighbor asked him how the experiment was going.

    “Oh, it was really goin’ great ’till he upped and died… next thing I was gonna teach him was ta go without water.”

    Non-commodity based paper money is like saw dust. It’s really great until it’s not. Think of inflation and borrowing as a time machine. You go “back to the future” to get the money you need to spend now. This means everything will always increase in price. Eventually, you can’t go far enough into the future to get enough money because future money has been de-valued.

    The experts long ago decided there isn’t enough gold to back the dollars needed to service an economy the size the US was building. So they decided to dump gold and print money which represented the value of the output of industry itself… machines, and buildings, and tooth paste and pet rocks, etc. This is sort of like going down to the grocery store and buying food with the time sheet from your job ( “my company produced 10,000 pet rocks last week… I worked 40 hours… so, here’s my time sheet, give me that can of corn beef hash.”)

  5. Jesus said to be wise and innocent. Housing values tend only to track inflation. Stocks in going concerns represent values created by those companies by producing real products. Stocks may not do perfectly well in inflation, but they do better than a lot of other things! Her family basically quadrupled (or more) our money thanks to simple rebalancing & a bit of wise mutual fund investing during market crashes last 16 years— not hard to extract from those “fiat” 1’s and 0’s in retirementn accounts and convert into tangible items. Allows purchasing a fair bit of precious metals, politically incorrect long steel tubes, and short brass containers! Solar power systems have a higher return on investment than treasury bonds right now. Lots of Ways for the wise person to game their fiat system.

    1. Until the music stops and you are one left without a chair. You dollar-denominated IOUs will be worth nothing. It is a game of musical chairs- or chicken. Be the last one to get rid of the worthless assets before the game is over. But don’t hold them too long !

  6. M+ The Social Security fund has only IOUs. Pension funds? If Military pensions ever stop …it will be bloody. Big time!! Riots in France….nothing compared to what will happen here. Take my word.

    1. Military pensions will go with just a whimper,with much less than the “Bonus Marches” of the ’20’s did and a little more than the theft of the promised healthcare from a few years ago. No contract or promise from the goverment has any value.

  7. I’m ancient, but like prepperdoc, a few things don’t look so bad to me. With the exception of a small amount of silver, and stored gasoline gone bad, EVERYTHING I’ve purchased since 2008, is worth more now than when bought….some a LOT more. Having no debt, and lots of useable/tradable “things”, are the key. And the willingness to pay attention to our great grandfathers…in most cases. Bless all….

  8. So convenient to blame the politicians and the media, or whoever. Bottom line; we as Americans have become complacent and fat and lazy. As of today, we still have some ability to hold our “leaders” accountable, yet we squander this responsibility. Tomorrow will be another day, and possibly our opportunity to shape our destiny will pass. Shame on us for sleeping while the wolves are at the gate. Shame on us for becoming smug and complacent in our middle class subdivisions while our country is plundered.

  9. Please read Martin Armstrong’s many posts on the devaluation of gold and silver coins in many cultures in many centuries. He spent tens of millions of dollars of his own money researching this. And he provides plenty of photos of coins, and plenty of metallurgical analyses of them to prove it.

    Only China never debased their coinage. They never used gold or silver for coins at all.

    We are misled by our own history. Prior to the mid twentieth century, America never debased its coins, and by the time it did, you couldn’t buy much with them anyway – they were “small change.”

    England did debase its precious metal coins, but it was so long ago that we are ignorant of it.

    For 600 years there was no coinage at all in Europe. Japan debased its money so badly that people would only accept Chinese money. Gold and silver were for jewelry and for religious objects (the Bible says God created gold for ornament in the first place – look it up).

    Please read Martin Armstrong, who really does know what he is talking about in regard to this. Precious metal money is also fiat currency, since governments in debt simply inflate by debasing it, and have done so repeatedly for millenia.

  10. My mother always used to say “fretting only leads to wickedness.”

    Fiat currency, silver, gold…whatever.

    Let us put our trust in the Holy Spirit, who is promised to guide us forward. Our trust in family, friends, our knowledge, and our deep compassion will serve us well in any economic times.

    Carry on.

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