We reached a monumental Breakpoint in the US economy. The US inflation rate is slightly above 13% according to John Williams of Shadow Stats. That 13% inflation rate is the same as the growth in the M2 Money Supply which is defined as currency, checking account deposits, savings accounts and other near monies.
In 2021 there is no advantage to printing money because we get no growth. That is the first Breakpoint. Even the stock market is tepid. And job growth is less than immigration so no jobs are being created for young people either leaving the military or graduating from colleges, trade schools and high schools.
The Final Breakpont is coming soon enough. That day arrives when prices go up faster than Washington can print money. That is when printing another few trillion dollars takes away twice as many trillions in purchasing power from the public as it gives in free money handouts.
In short the Final Breakdown is when Free Money ends and liberalism dies. That is coming sooner than you think.
In 2020 the total US federal government debt grew by $4.5 trillion. Yet the economy was flat. That was due the covid 19 virus which was made in a lab. The lockdowns were designed to break small businesses and shift economic power to international corporations which support Globalism and the New World Order.
Our flat economy was created by the tremendous dead weight of Unpayable Debts and their required interest payments.
The late Bob Chapman was once asked if he agreed that hyperinflation in America would begin at 25%. As I pointed out, we already are at 13% which is more than halfway to a hyperinflationary Depression and the collapse of the dollar as a reserve currency. The questioner cited the fact that we survived a 20% prime rate in 1981 when the Shadow Stats inflation rate was 15%. The Federal Reserve today could not raise interest rates to anywhere near 10% which is half of what Paul Volcker did back in the day.
Chapman concluded that foreigners including those who liked America and wished her well would have to dump dollars en masse likely fleeing into commodities as at 25% the purchasing power of their dollars is cut in half every 3 years. He agreed that hyperinflation in America would start at 25%.
On July 4, 2008 the price of a bottle of beer in Zimbabwe rose from 100 billion Zim dollars at 5 PM to 150 billion Zim dollars at 6:30. Imagine the plight of a Zimbabwe worker who was asked to work an hour of overtime. His work mates went to a local drinking establishment and ordered beer. He worked an hour and was paid maybe $50 billion dollars for the hour. The price of beer rose as much as his hourly wage. He worked for zero wages.
In Zimbabwe workers got paid daily and rushed to the shops to buy whatever was available because the price would be even higher tomorrow.
The sad case of workers in Zimbabwe is reflected to a lesser degree in America and in other First World nations. I have seen articles urging readers to invest in a second hand freezer and buying as much meat as possible as food prices are expected to soar. These same articles often advise consumers to buy grains and beans in 50 pound (22.68 kilogram) bags.
When inflation is built into the behavior of consumers, they turn their money over more quickly as holding dollars in the bank only results in a daily loss of purchasing power. Economists call this increasing the Velocity of Money. In the modern world we have credit cards and can charge this month what we can pay off in next month’s bills. This leads to shortages on shelves and price spikes. Food industry executives are saying that food prices will be higher next year.
Globalism broke the world economy in another way. They shipped tens of millions of jobs from the US, Canada, Europe, Great Britain and elsewhere to Asia. This enabled the billionaires to break unions and to reduce the power of governments in the West where people still clung to the illusion of democracy.
For the past two years China has had floods and became dependent on overseas food purchases to feed their people despite the imposition of food rationing. The floods even shut down many coal mines. Chinese energy costs are pushing China towards an annual 30% inflation rate according to Zero Hedge. Those costs will be passed on to us. As will the 600% increase in the cost of shipping containers of Asian products to the West.
The Globalists are mandating vaxxes for workers. We have seen many lawsuits because those vaxxes maim and kill people. We have seen labor shortages and closures in healthcare. Zero Hedge warned us that mandates are causing labor shortages in police, fire, EMTs (Emergency Medical Technicians) and hospitals so our entire emergency response system could fail. And we are beginning to see strikes. So what happens if truckers, meat packers and auto workers follow pilots and air traffic controllers on strike?
We did get sharply higher stock prices when we printed all that money last year. And now many observers are warning us that we could have a 10 to 15% correction in the $54 trillion US stock market. And some see the market going down a lot more than that.
The dollar will die when foreigners dump their US stocks and bonds to buy commodities because inflation jumped past 13% to a number that will panic them. If I had to guess, that inflation number will be around 20% because what could stop inflation from going to 25%? On that day panic sellers crowding into physical commodities will permanently cut wages and pensions by at least 60%. Hyperinflation is the second Breakpoint. On that day liberalism will die because liberals relied on money printing to make their nonsensical ideas work.
The second Breakpoint will end the world as we knew it. We do not have long to wait.
I mentioned covid. I did not mention the weaponization of MERS (Middle East Respiratory Syndrome) another bat virus perfected in a lab. It has a 35% death rate. Read this:Covid Truths https://vidrebel.wordpress.com/2021/09/07/covid-truths/
To stop the NWO we need to expose people the truth about 911. Please share this:911 Truths https://vidrebel.wordpress.com/2021/09/10/911-truths/
I mentioned Chinese crop losses. In the past volcanoes have sent so much ash into the sky that food prices spiked 600% higher. We just entered a period where we can expect more earthquakes and volcanoes and lots of weather related crop losses leading to mass starvation. 2020s: Surviving The Cold, The Quakes And Volcanoes https://vidrebel.wordpress.com/2019/12/30/2020s-surviving-the-cold-the-quakes-and-volcanoes/
Our adversaries declared unto themselves the right to steal tens of trillions from us.https://vidrebel.wordpress.com/2020/06/23/10-trillion-here-10-trillion-there/
In the first reference article I mentioned the weaponization of MERS. This is relevant: Deagel: 233 Million Americans To Die Before The End Of 2025. https://vidrebel.wordpress.com/2021/06/14/deagel-233-million-americans-to-die-before-the-end-of-2025/