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The Weimar Hyperinflation: Time to get out the wheelbarrows?

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posted on May, 22 2009 @ 10:11 AM
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Originally posted by eldard
I don't think there's going to be an inflation just yet. Why would they want the trillions and trillions of $$$ they just stole to become useless?

But that's just my opinion.


This the problem; experimenting with printing a ton of useless cash. If history repeats itself it will fail. Congress and the Senate were never intended to play bankers.

I found it appalling that Congress asked any banker who lent money to raise his hand.




posted on May, 22 2009 @ 10:21 AM
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Inflation has already hit.

the fed printing trillions of dollars with nothing backing it up.

Gold prices rising dollar falling, government credit rating tarnishing.

Wall street resembles nothing of main street.

Talk about living a lie. My guess the market is going to crash. Right now the market is like a roulette wheel in Vegas right now. Just a mater of time. America's greatest exports are going bankrupt. That is going to be a trickle effect beyond anyone's capacity of understand right now, heck the Depression may look like a recession after 2010. Not letting the market be free, is how this happens and since we never fixed the depression in the thirty's we never learned how to fix it. Each time I go to the market bread and milk go up at least a nickel or a dime. When the metal in a penny or dime can be melted down and sold for more then its worth, thats when you know its bad.


[edit on 22-5-2009 by Adrifter]



posted on May, 22 2009 @ 10:33 AM
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reply to post by Adrifter
 


I'm not a historian but I tjhink the War brought us out of the Depression, with manufacturing jobs. These recent wars may be our demise. Have you noticed the price of metal has shopt way up. The government has been buying it all up. For a bigger War??



posted on May, 22 2009 @ 11:15 AM
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Originally posted by wonderworld
reply to post by Adrifter
 


I'm not a historian but I tjhink the War brought us out of the Depression, with manufacturing jobs. These recent wars may be our demise. Have you noticed the price of metal has shopt way up. The government has been buying it all up. For a bigger War??


the war fixed it we did not..

But I hear ya.



yeah wars will be coming.. Good chance of that when have and have nots are not met...

[edit on 22-5-2009 by Adrifter]



posted on May, 22 2009 @ 11:25 AM
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reply to post by Adrifter
 


Yes we will have lots of have nots. I better not type so fast looks like you found 2 typo's. Wow I should go back to grammer schhoolllll.



posted on May, 22 2009 @ 11:29 AM
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reply to post by wonderworld
 


nah I can read your writing. Rather you use your energy for thought not practicality.



posted on May, 22 2009 @ 11:32 AM
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Originally posted by wonderworld
This the problem; experimenting with printing a ton of useless cash. If history repeats itself it will fail.


It has not. It will only be a problem if the cash trickles into society. It's now locked in private vaults. Possibly in other countries.



posted on May, 22 2009 @ 12:09 PM
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reply to post by Adrifter
 


Thanks I type faster than I think sometimes. I'm glad you could read it.



posted on May, 22 2009 @ 12:12 PM
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reply to post by eldard
 


That is a funny way of looking at it.

We take money out of the economy, put it back in to the economy then tax it as it comes back in. How brilliant of them.



posted on May, 24 2009 @ 04:41 PM
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reply to post by eldard
 


The printing of useless cash will also speed things along to hyperinflation. Who would think the US or EU would be in such a position. It's actually a global concern, especially if they are predicting another 56 million people to reach poverty level soon.

[edit on 24-5-2009 by wonderworld]



posted on May, 24 2009 @ 06:09 PM
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reply to post by Adrifter
 


Yes substance is more important but I still dont like making a bunch of weird typo's. Concentrating on hyperinflation makes me fingers go too fast, when typing. Good point though.



posted on May, 24 2009 @ 07:37 PM
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HYPERINFLATION SPECIAL REPORT

Overview

The U.S. economy is in an intensifying inflationary recession that eventually will evolve into a hyperinflationary great depression. Hyperinflation could be experienced as early as 2010, if not before, and likely no more than a decade down the road. The U.S. government and Federal Reserve already have committed the system to this course through the easy politics of a bottomless pocketbook, the servicing of big-moneyed special interests, and gross mismanagement.

The U.S. has no way of avoiding a financial Armageddon. Bankrupt sovereign states most commonly use the currency printing press as a solution to not having enough money to cover their obligations. The alternative would be for the U.S. to renege on its existing debt and obligations, a solution for modern sovereign states rarely seen outside of governments overthrown in revolution, and a solution with no happier ending than simply printing the needed money. With the creation of massive amounts of new fiat (not backed by gold) dollars will come the eventual complete collapse of the value of the U.S. dollar and related dollar-denominated paper assets.

www.shadowstats.com...



posted on May, 24 2009 @ 08:34 PM
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hyperinflation CAN'T occur till debt is RESTRUCTURED

everyone is in TOO much debt................banks don't have enough credit worthy borrowers to lend to..........there is too much debt it needs to be re-structured.............

also banks are barely solvent themselves .....they set aside tons of money for future writedowns on loans............Housing, Finance, Commericial real estate all need debt restructuring .........there will be no hyperinflation or even moderate inflation until that happens (i.e increase in money supply and doubling and tripling of prices on EVerything....not just gas due to speculators pilling into a weak dollar).....

Two things.......understand the difference in "money supply" between Electronic Credit being created (like bernanke is doing) and Paper dollars.................Paper dollars are not being hyperinflated....read that again....paper dollars are not being hyperinflated.....paper dollars are not being dropped from a helicotoper driven by ben..................Electronic dollars are being created rapidly out of thin air (they are trying to keep pace with the amount of electronic wealth evaporating) and even when they can out pace this....the electronic money is NOT GETTING INTO THE ECONOMY...it is sitting at the reserves of the fed.........Electronic Credit outweights Paper money by 25 to 1 approx.!!!!

People who are pushing gold ......pushing anti dollar......pushing inflation..........are playing on the misconeptions of nearly everyone in order to make themselves more wealthy or appear more accurate........

The way to restructure debt is to either (and this is what needs to be done....like in every DEPRESSION) is to either write down the LEVEL of debt and make it more serviceable for the level of income (wage earners) or increase income to make the debt more serviceable.....and anyone can tell you in this age of higher unemployment and corporations searching for lowest cost labor ....this is not going to be some gradual wage increase............so either there are a ton of bankruptcy's and tons of pain for the current privelaged class........or there is a CO-Ordinated Currency devaluation............where you wake up and hear that 1 old dollar now equals 2 new dollars...........or amero dollars IMO

[edit on 24-5-2009 by cpdaman]



posted on May, 24 2009 @ 08:59 PM
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reply to post by cpdaman
 


Ive always suspected that the new world currency will be in the form of credits not paper dollars. After all we are going paperless, by every sense of the word.

They have already suggested doing away with the penny it cost more to make them than they are worth.

All we will need to make electronic transactions at the grocery store is a RFID mico chip implant that will load all our banking data to it. I for one will not take part in this. It is against my relgion to do so. They call it "Mark of the Beast" I dont know if you are familiar with that or your opinion.

When the World Banks says to watch out for social unrest I'll be heading the warning. Crime will be rampent.

We could easily see 20-25% annual inflation, this would cause Hyperinflation in 2 or 3 years.

Lets hope they can keep control as the same printing presses are pumping out unsecured paper money. It is much worse than a depression if it happens and there is nothing you or I can do about it



posted on May, 24 2009 @ 09:25 PM
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I am finding this conversation very intriguing, and am happy to know I can query the thoughts of others who perhaps, keep up with the matters of money more than I. I do worry about it, and was concerned when the government printed the additional currency. Even from Economics 101 in undergraduate school, I recall remarks about printing money in times of economic crisis as a poor and dangerous solution. I am curious about the buying of 600 gallons of gas, and other survival tools and items. What is it that you are protecting against? Is it the fall of the economy, or natural castatrophes, or 2012, or all the above? Also, when you say it would be wise to have gold on hand, or you referring to gold in bars or some other means, or would jewelry do?



posted on May, 24 2009 @ 09:46 PM
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Originally posted by ladyinwaiting
I am finding this conversation very intriguing, and am happy to know I can query the thoughts of others who perhaps, keep up with the matters of money more than I. I do worry about it, and was concerned when the government printed the additional currency. Even from Economics 101 in undergraduate school, I recall remarks about printing money in times of economic crisis as a poor and dangerous solution. I am curious about the buying of 600 gallons of gas, and other survival tools and items. What is it that you are protecting against? Is it the fall of the economy, or natural castatrophes, or 2012, or all the above? Also, when you say it would be wise to have gold on hand, or you referring to gold in bars or some other means, or would jewelry do?


Yes, in a depression your 1000 in the bank will still buy 1000 loaves of bread. With Hyperinflation that same 1000 in the bank starts out buying 500 loaves a month later 250 loaves and so on until it takes a wheelbarrow full of money to buy one loaf. It does sound scary

The key is to hope for the best and prepare for the worst. when I said I bough 300 gallons of gas and stocked up on a years worth of food it is because stores will be cleared out in minutes, martial l;aw will be deployed.

Those that are prepared are less dependent on the government. When ever I go to town I usualy pick up a couple 50 pound bags of rice, wheat or oats, beans, et, etc. Obe 50 pound bag of rice only costs 20.00. That is todays price. We've all seen food prices jump up. Here is another link on the 2009 food shortage crisis.

www.abovetopsecret.com...

Dont worry. It's easy to stock up at a time. I dont expect things to break lose until 2010. We never know what to expect these days.



posted on May, 24 2009 @ 11:20 PM
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the next year or two will be interesting to watch

for those with jobs or even those looking .........there will still be many millionaires born in the next decade (or quadrillionaires if there is hyperinflation).......you can still excel and prosper........in a "depression" so don't let the "we are in a depression" overtake your psyche.....because we means the country.....not you individually (and i know it is a recession when you neighbor loses his job and a depression if you do) but there is always a way to make money somewhere doing something....especially in the internet age (last month i found out a good friend of mind was making 2,000 /wk for a few months on- line thru a type of google advertising) (if money is your goal) otherwise it's probably gonna be a good time to attach more value to enjoying tmes with other people and experiences.......get out and enjoy nature and the simple things.....i mean what type of value would you put on the most memorable fun enjoyable experiences in your life......so everyone can find a way to increase personal wealth (wether it's becoming rich in relationships) money or both......even with the reality of a great depression encroaching....

i have to remind myself to spend a limited amount of time here....even though i do enjoy it

[edit on 24-5-2009 by cpdaman]



posted on May, 24 2009 @ 11:26 PM
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reply to post by wonderworld
 


Thanks for the link! I will be looking for some other things you have written, maybe on some other threads, survival maybe. I remember after 9-11, I got this really creepy feeling that something would happen to our water supply. Everytime I went out, I picked up cases of water until I finally had it under the beds, and stashed in closets, and all over the house, thinking stale water is better than no water! Called it "war water". But, as you say, hope for the best. I'll leave my wheelbarrow in the shed, too, for the moment.



posted on May, 25 2009 @ 12:27 AM
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i too think that overinflation is looming on the horizon. i guess the next 6 months or so will be interesting to watch. stocking up on foods and survival gear seems like something EVERYONE should be doing and as soon as im done with this, its off to the survival threads. i just am having a hard time figuring out how i am going to stockpile and what will happen to the families living on post! i will be a very angry person if the year i have spent in the desert saving my money is for crap when if i get back and the dollars i have are worthless.



posted on May, 25 2009 @ 09:09 AM
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reply to post by cpdaman
 


Youre right, there will still be ways to make money. We survived the First Great Depression and hope this one wont be the Greatest Depression.

Many proud men comitted suicide back then. They felt like failures to their families. They didnt have national media coverage, as we do to explain we are all affected to one degree or another.

I hope most are heeding these warnings and preparing.

In 2007 who would imagine words like this would be discussed? Only a select few saw this coming, befor 2007.



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