I have said recently that the Hyperinflation will begin by December 2023. Let us define the word Hyperinflation with a specific number. Years ago I said Hyperinflation begins at 25%. I would cite Paul Williams of ShadowStats.com as an authoritative statistical source. He says that the government CPI numbers are kept deliberately low so DC Swamp Creatures can save money on cost of living raises for pensioners and people with union contracts and government jobs who are supposed to have raises based on inflation. The chart below is his real inflation chart.
As you can see, the real inflation rate is already nearly half of what I defined as Hyperinflation. And Biden is planning a $3.1 trillion budget deficit for 2021 and more for 2022.
There are a few people overseas who hold onto dollars because they still like America. The American Dollar is an international reserve currency which is held instead of gold by many countries. But at a 25% annual decline in the purchasing power of the dollar, those few remaining friends will dump their dollars as well. At that point, every currency will be reset in terms of gold. At that point, an American will have to pay something like $20,000 or so for two ounces of gold to get a gold letter of credit to buy something from overseas. Prices will then spike even higher and permanently cut wages and pensions by 60% so that $20 an hour after taxes job will pay $8. Not Good.
How did America get here? We had high wages after WW II and lots of productivity gains since. But Wall Street decided to raise the population from 123 million in 1929 to 333 million today. They did get rid of some of the native stock by starving 3 million of them to death in the 1930s and getting a million killed in their wars.
Hint: WW II started after the German generals had sent two officers to London in March of 1939 offering to arrest Hitler if they could have peace. The Japanese Emperor had tried to surrender to Franklin Delano van Rosenfeld as early as 1936.
Normally, flooding a country with legal and illegal aliens would lower wages. It did force Americans to share productivity gains with immigrants. Obama’s healthcare plan forced employers to cut back hours so the poor shared hours worked with mostly illegal aliens. The Federal Reserve maintained the illusion of prosperity by printing trillions of dollars and buying things from overseas for free by giving them soon to be worthless paper.
Michael Hudson wrote a book entitled Super Imperialism in 1972. He made more money by giving lectures at the State Department and the Pentagon than from royalties. He explained to the generals who were less intelligent than the diplomats that they were paying for their wars and occupations by printing increasingly worthless dollars. A dimwitted general finally grasped America’s dollar diplomacy and said “Wow, we are ripping people off.”
Total world debt is $281 trillion.
As I have explained before, we have debt based currencies meaning we are not allowed to have money in the US (and in most countries outside Iran) until we borrow money either from the Federal Reserve or from a commercial bank. The banker creates money when he gives us a loan and hands us a checkbook with money he created out of thin air. Conversely, whenever we repay a loan, the total supply of checking account is decreased. More about that later.
The Federal Reserve was created by agents of the Rothschilds, the Rockefellers and the Warburgs. It was pretty much copied from what was going on in Europe. William Paterson said in 1694 to the Parliament that “the Bank of England hath the benefit of interest on money it creates out of thin air. ”
Total World Debt has been called the Everything Bubble. Bubbles are inherent in a Debt Based, interest bearing currency. President Lincoln created a non-interest bearing currency called Greenbacks. Under his system, the government created money for our benefit without interest. Irving Fisher added to Lincoln’s Greenbacks and said we ought to ban fractional reserve banking so bankers would no longer be allowed to create checking account money and charge us interest on money they created out of nothing. He called his proposal 100% money. In 1933 8 college professors proposed the Chicago Plan to FDR. It was essentially Fisher’s 100% money plan. It would have stopped bank runs, ended the Depression in 90 days, stopped the redistribution of wealth from workers to bankers and saved millions of Americans from starving to death. Being of Jewish descent, FDR said No.
So we need an exit path from the Everything Bubble.
The Bankers who own the Federal Reserve have decided they need Hyperinflation. It worked for the Bankers in the Weimar Republic in 1923. Below is a graph of the Federal Reserve’s Balance Sheet which indicates higher prices in the future.
MIT and others have been helping the Federal Reserve create something called DigiCash. It is Federal reserve digital money that can be created electronically and directly be given to you in your account at either your bank or at the FED. They are working on it and will probably launch it withing 2 years introducing it as a sort of Biden like giveaway program.
DigiCash would be similar to the Mark of the Beast in the Book of Revelation. You could neither buy nor sell without the permission of DC Swamp Creatures. It would be sort of like the No Fly List which has never been over turned as unconstitutional. Nick Fuentes wanted to go to a rally in Florida but the TSA said he could not fly there as he had said nasty things about DC Swamp Creatures. Under DigiCash your employer would not be able to pay you for the work you did without permission of the Evil Ones in DC and on Wall Street. If you owned a business, customers could not pay you for the things you sold them. Sounds like hell on earth. A Banker’s dream.
When DigiCash is launched, we can be certain Hyperinflation is here.
Hyperinflation was used to cancel debt in the Weimar Republic. Inflation cut huge debts to trivial amounts over night. But they also impoverished the working and middle classes. Bankers stole everything they worked for. That is the Bankers’ plan for you.
In 1933 America used deflation as a means to cancel debt. It was equally harsh on the working and middle classes. 3 million of 123 million Americans starved to death. In the US debts were cancelled in foreclosures and in bankruptcy court. Because we had a Debt Based currency our checking account money was cancelled every time someone went bankrupt. The US money supple was cut by a third from 1929 to 1933. FDR chose to starve Americans into submission so they would be willing to help kill 75 million people in World War II after the other side had tried to surrender. FDR’s followers in 1945 gave away North Korea to Joe Stalin so we could have the Korean war and armed the Viet Minh setting up the Vietnam war after Israel killed JFK.
There is a third way to cancel debt and stop Depressions. It is painless but does not profit the Bankers who own our government and therefore is not taught in schools. It was called the Jubilee by the Bible writers. Israel and Judah were never a united kingdom and there was no kingdom of David and no Temple of Solomon. (This is according to Dr Israel Finkelstein’s The Bible Unearthed.) Judah was taken captive by the Babylonians where the kings had practiced Debt Cancellation by royal decree for almost 2,000 years (if you count their Sumerian predecessors.)
The Book Of Jeremiah explained that there never would have been a Babylonian Captivity if they has practiced Debt Cancellation. It would have prevented debt slavery. Free men would have been willing to fight to protect their farms. They would have owned horses and weapons. The first thing a Banker does to his victim is to take away his possessions including the horses and weapons he would have used to fight an invading army.
Of the three methods to cancel our soon to be $300 plus trillion in world debt, Bankers are most likely to chose Hyperinflation. I would prefer Debt Cancellation. My idea is that we arrest the Bankers and seize everything they stole from us to fund worldwide Debt Cancellation. I wrote about that here: Debt Cancellation Is The Best Way To Take Down Bilderberghttps://vidrebel.wordpress.com/2015/04/07/debt-cancellation-is-the-best-way-to-take-down-bilderberg/
I said Israel killed JFK. I have also said in the past that Israel did 911. Read about that here:
Israel Killed JFK And Has Ruled America Ever Since.https://vidrebel.wordpress.com/2014/11/22/israel-killed-jfk-and-has-ruled-america-ever-since/
And here: Israel Did 911. All the Proof In The World.https://vidrebel.wordpress.com/2013/09/16/resurrecting-israel-did-911-all-the-proof-in-the-world/
I have explained elsewhere why food prices will go up faster than anything except maybe gold and silver. We just entered a Grand Solar Minimum and are headed to lots of earthquakes, volcanoes and 40 years of crop killing bad weather. Read more here: 2020s: Surviving The Cold, The Quakes And Volcanoes.https://vidrebel.wordpress.com/2019/12/30/2020s-surviving-the-cold-the-quakes-and-volcanoes/
I mentioned the plan to permanently cut our wages and pensions 60% or more. Read about that here: Deep State Democrats To Cut Wages 60%. Then It Gets Worse.https://vidrebel.wordpress.com/2021/03/30/deep-state-democrats-to-cut-wages-60-then-it-gets-worse/