From the SurvivalBlog Archives: Inflation–Past, Present, and Future

It has been said that nothing is inevitable except death and taxes. But personally, I add inflation to that list. Inflation is an insidious hidden form of taxation We’ve been robbed! According to The Inflation Calculator, what cost $100 in 1905 would cost $2052.36 in 2005. The U.S. dollar has lost 95% of its value in that time. (If you were to buy exactly the same products in 2005 and 1905, they would cost you $100 and $4.87 respectively.) The inflation rate jumped considerably in the 1960s and 1970s. It is no coincidence that the U.S. Treasury stopped minting real …




Two Letters Re: What Are the Best Magazines for Investment?

Jim Here’s my feeling on what pistol mags to obtain. Obviously, if you have a high capacity handgun, it behooves you to have at least ten mags for it. I actually have 30 Glock Model 19 mags since I already have one and contemplate picking up another that a friend wishes to sell. I’m also trying to pick up Glock 17 mags, even though they stick out the bottom of my G19. I really want a Glock 34 long slide 9mm, and figure that the only way I may be able to get mags for it down the road is …




Letter Re: What Are the Best Magazines for Investment?

Dear JWR: I took your wise advice posted in the blog back in October and stocked up on magazines for all my guns. I ‘ve even bought some mags [for other guns] that I just plan to buy, such as M14 magazines for my eventual super match M1A buy. But what I’m thinking is, I should also do is by even more magazines just “on spec”, knowing that with Obama coming in[to office, that] a ban of some sort is more likely that not. What types/model high capacity magazines would be best to invest in, for the most possible gain? …




Fear and Loathing in America’s Age of ZIRP

You’ve surely heard by now that the Federal Reserve has effectively lowered interest rates to zero. Obviously having learned nothing from the mistakes of Japans’s decades-long recession, Ben Bernanke & Company have instituted their own Zero Interest Rate Policy (ZIRP). By artificially lowering interest rates, many economists predict that the Fed will actually delay economic recovery for many years. ZIRP was a failure for Japan, and I predict that it will be a spectacular failure for the United States. The Fed could, in fact, lower interest rates below zero, to the so-called “Super Zero” range. Such absurdities are not impossible …




Specialization and Decline, by J. R. Nyquist

Years ago, when the West entered onto a path of decadence, it became fashionable to deny the historical consequences of permissiveness and bad behavior. As the old standards fell away, new standards of “tolerance” and “acceptance” took hold. With the fall of colonial empires and the upsurge of student radicalism in the sixties, the notion of “barbarians at the gates” became outdated. Heaven forbid that anyone should be described as a “barbarian” or as “uncivilized.” The idea that some peoples were more advanced, that some civilizations had more to offer, was no longer an acceptable way to talk. The fall …




Letter Re: Speeding Coyote Hunters Arrested in Illinois

Jim, I enjoy reading your blog and have improved my preps exponentially since I began following you. I don’t know how many dozens of [telephone] consultations you do annually, but you and I spoke for an hour earlier this year. I live on Long Island, if that rings a bell. I feel that it was money well-spent. The post on vehicle stops was informative. You mentioned Boston T. Party’s “Boston’s Gun Bible” as a reference source. I have read all his books, fiction and non-fiction alike, and found him to be both entertaining and informative. If I may, I suggest …




Three Letters Re: Speeding Coyote Hunters Arrested in Illinois

Jim I went to college at Western Illinois University [WIU] and now live 30 miles from there. I don’t know much about the guys that got arrested but I can give you some info on Illinois gun laws. No NFA [“Class 3”] items are allowed except for possibly AOWs. I have heard conflicting reports on AOWs, but know for sure that “silencers” (sound suppressor) are illegal under the state law. As for transporting guns, all guns must be unloaded and inside of a closed case. This goes for handguns and long guns. And no a glove box, center console, or …




The Coming Great Depression, by Charles Hugh Smith

I have been asked to address the coming Great Depression which is slowly but surely enveloping the globe. The irony of doing so in Thanksgiving week is not lost on me, and I want to preface my commentaries by saying that I do not tackle the subject cavalierly. There will be great suffering, on many levels, and the entire point of analyzing the situation is to lay the groundwork for alleviating the suffering by getting to the root causes of the financial, social and environmental disasters which are unfolding globally. Let’s start with the view of the U.S. from orbit. …




Two Letters Re: Finding Abandoned Properties, Post-TEOTWAWKI?

Sir, First let me say that I agree with the sentiments of D.O.’s reply to the original post. However; In a situation even less drastic than another depression, I believe there will be ‘abandoned’ properties everywhere you look due to foreclosures and displaced persons that can no longer find viable employment and have moved in with family or on to ‘greener’ pastures. The homeowners that lived in them, built them, and called them home, will not own them anymore. These homes will still have an owner, that would be the ‘bank’ that held the note, and also in some cases, …




Letter Re: Is the US Residential Real Estate Market Nearing the Bottom?

Hello Mr. Rawles: Seeing that houses are pretty much dirt cheap right now, would it be a good decision to buy one? what would happen to our debts (including the mortgage) when/if the Amero comes? would they disappear like they claim the American debt will? I hear radio advertisements about the IRS giving you up to [a] $7,500 [interest-free loan] on your 2008 taxes if you buy a house in 2008. So, again, would it be a good idea? would the Dollar amount be converted into Ameros? Thanks in advance for your response. As always, congratulations on and thank you …




The MOAB Keeps Growing, and Growing

Last Winter, when I first started writing about the Mother of All Bailouts (MOAB), I predicted that the cost of the bailout would grow inexorably. Sadly, I was all too right. In fact, the scope of the MOAB is now much larger than I had predicted, early in 2008. The latest tally thusfar is an almost incomprehensible $4.28 trillion US Dollars. But wait, it gets worse. In addition to bailing out bankers and insurance companies, more and more entities from outside the financial sector are lining up to the Federal trough. The TARP bailout set a dangerous precedent. There is …




Letter Re: UCLA’s Eye-Opening Colloquium on the Worldwide Financial and Economic Crisis

Hi, Yesterday [Friday. November 14, 2008] I attended the Marschak Colloquium on Mathematics in the Behavioral Sciences at UCLA {University of California, Los Angeles] . This thing is attended by lots of UCLA and USC [University of Southern California] economics professors, including many retired faculty members and other local luminaries. (Two seats to my right was author Alvin Toffler of “Future Shock” fame.) The main speakers presented for an hour, and then the whole group asked questions and discussed the topic. Here is the brief abstract that announced the talk: “The current worldwide financial and economic crisis is the greatest …




Letter Re: Peakniks Need Better OPSEC

James, Regarding those who gave their street addresses in the Peak Oil article that was recently mentioned: Indeed, it boggles the mind when people appear to have absolutely no concept of OPSEC. It betrays a mind that apparently has little or knowledge of the human animal, which the substitute for which must necessarily be a fantasy of some sort. If giving your address isn’t enough, how about these folks providing a full set of downloadable tactical maps for your retreat? Understandably they’re running an operation that provides for open visitation, for which the cartoon of the hippie village layout would …




Letter Re: Should We Currently Emphasize Storage Food or Gun Purchases?

Hello Jim, I’ve finished reading your fine novel “Patriots” several weeks ago, and have passed it on to another like-minded individual. I’ve also been scouring your web site daily for the last several months, and gleaning extremely valuable information not only from you, but the many fine individuals who add excellent links to current events. I have forwarded your link to others, and have it saved as “required reading” daily. A brief background on our family; I had been one of the Y2K aficionados, and had lived on the Big Island for many years. If it were still just my …




Letter Re: Michigan’s Upper Peninsula as a Retreat Locale

Hello James: A recent letter from a reader mentioned that he was looking for a retreat. If I remember correctly, that person lived in the Washington D.C. area. You had suggested Tennessee and Michigan’s Upper Peninsula (UP) as retreat possibilities.One disadvantage of Michigan’s UP for that particular reader is that to get to the UP, they will have to drive through, or very close to, Pittsburgh, Cleveland, Toledo, Detroit, and Saginaw. The Old Uooper was on-target regarding the challenges of living in many places in the UP both microclimate and soil are key factors. My personal choice would be to …