http://www.macmillandictionary.com/buzzword/entries/quantitative-easing.html In the world of double-speak economists and politicians, they’ve coined a new phrase in an effort to make inflation not sound quite so bad. “Quantitative easing” is their new term for continuing to print lots and lots of money to inject into the banking system. Since the new money still isn’t backed by anything, it just means that all the other money already floating around out there loses a proportional amount of its value. Now, these days, they may not be actually printing the money on a printing press, but rather just creating the money digitally, which works just as well to dilute the value of the actual greenbacks you have in your wallet. The kind of inflation we’re likely going to be seeing when it kicks in, probably isn’t going to be double or triple digit annual inflation… it’ll likely be a lot worse than that.
Those of us who remember the 1970s may think of that as inflation, which it was, but it was really “STAGFLATION”, which is inflation being held in check by deflation… stagnant. We’re getting out of a stagflation time period, and Obama’s spending spree is turning it into full-tilt inflation. No kidding.
Deflation? The media is also flogging the term “DEFLATION”, which is what Japan has been wrestling with for some years now. In short, deflation is a contraction in the money supply. Friends… deflation would be a “best case” scenario. We ain’t gonna see it. We’ve been set up for a replay of Argentina’s or the post-WWI German Weimar Republic’s hyper-inflationary economic crisis. http://www.americanthinker.com/2010/08/an_argentinalike_economic_cris.html and http://www.shadowstats.com/article/hyperinflation-2010 In short, our manufacturing base has been outsourced, companies are relocating their offices to other countries (like Halliburton) to avoid paying taxes, our main growth industry has been “debt” and “credit” for some years now, and the middle class is collapsing while the money has been channeled to the uppermost 2% of the economic ladder. The really big difference between the U.S. and Japan is that Japan’s people save their money… and there is no incentive for keeping your money in the bank here because the interest rates are so abyssmal. Obama’s policy of taxing the shrinking middle class to pay for everything is going to finish the job that his masters among the Bilderbergs (or whatever you want to call those louts) started under Nixon. They are in the process of building the debt bomb even bigger, then monetizing it by printing lots and lots of money so it won’t look so bad. We’re staring at LOTS of inflation, folks. Some possible scenarios as to what we might expect have been compiled in an article by Jeff Fisher here: http://www.lewrockwell.com/orig11/fisher-j1.1.1.html and it is all pretty scary if you haven’t been preparing yourself. If you have been taking some steps, some of the possibilities spelled out in Fisher’s column are actually fairly juicy.
What about bank runs? They’re already doing their best to head you off. If you’re gonna get your money into metals, you need to do it NOW… cash out your IRAs and get out of the stock market while the money is still worth something, and certainly before the end of this year… 2011 will bring about a whole new ball game. http://www.infowars.com/capital-controls-the-final-phase-in-the-great-looting-of-america/ They’re about to institute all sorts of taxes and fees and other methods give control of your money to the very looters that have orchestrated the destruction of our economy, while keeping you from gaining access to your own money; essentially forcing private sector savings into public sector debt. If you plan on taking your retirement savings and fleeing the country, you gotta do it before 2013. They will likely seize all retirement savings. You might as well pay the lower taxes now and beat them to it while the prices of metals are still fairly low due to the manipulation of those markets. You can still buy generic silver round and square for about $20 an ounce.
Will this forthcoming election be enough to head this off? Well… there’s a relative few candidates that really understand the Constitution and the economy. There aren’t enough of them. If we’re lucky, we’ll get a bunch of fiscal conservatives in there that will overturn ObamaCare and the carbon taxes and all that other horrible stuff. I’m betting we’ll see a major tide of republicans taking seats in congress, but if they’re like Bush’s neocon congress, it will be just more of the same old thing. When the democrats lose their seats in this election, they won’t have anything to lose, so they’ll shove through even more bad legislation and debt-production in the couple of months before the new officeholders get sworn in. Don’t wait for the government to do anything positive… ever. Career politicians are in it for their own survival and will do anything expeditious to stay in office… and that won’t include anything that involves restraint or paring back an overgrown government. They’ll have to be ridden out on a rail.
You can see the train coming… you can see the tracks and hear the engine and the whistle, and it’s heading this way. All the indicators are there. This same bunch of Wall Street brigands has done this same scenario over and over all over the world. It’s taken them a while, but they’ve effectively succeeded in crashing the U.S. economy. You might as well get your ducks in a row. If it turns out you don’t need the metals and stored food, you haven’t wasted anything… it’s all still useable. If you need the metals and stored food, you can’t wait until you’re “at need” to put your resources together. Take care of yourself, hon!
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Rev. Suzanne Powell manufactures and markets a full line of line of natural stone “medicine jewelry”, subtle energy tools, pendulums, angel and fairy art and “spiritual soap” through her website, http://www.turtleisland.cc
