Hey Nation get ready for Hyperinflation!, page 1

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Topic started on 2-7-2009 @ 11:04 PM by wonderworld

YouTube Link

Hyperinflation Nation Surpasses 25,000 Views in 36 Hours

The documentary shows how Federal Reserve Chairman Ben Bernanke was wrong about the Real Estate and automobile markets; and how the Federal Reserve's monetary policy could lead to the destruction of the U.S. dollar.

www.marketwatch.com...

COMMENTARY: Our Fragile Economy

Ben Bernanke, chairman of the Federal Reserve, recently predicted the nation's recession will end later this year. That same day, billionaire Warren Buffett, CEO of Berkshire Hathaway, said the economy is in 'shambles' and that it has ‘fallen off a cliff.’ He claims it will stay that way for some time to come.

Who's right? I side with Buffett, an informal adviser to President Barack Obama. Buffett believes inflation will be a problem in coming years. He also criticized President Obama's 'cap and trade' provision as a method to CONTROL POPULATION.

History can also teach us something about the economy. During Germany's Weimar Republic, from 1918 to 1933, when Hitler was elected chancellor, the nation's economy stagnated. There were several reasons for this.

The economy experienced rampant hyperinflation because the government printed money to finance its deficit. Finally, unemployment reached 10 percent by 1926.

Compare Germany’s Weimar Republic to America today. President Obama has nationalized two of our auto makers and several of our banks and insurance companies. And that's just the beginning, his first six months in office. Can we expect the government paper-pushers to make the important daily decisions that a company faces? And can we expect these decisions to economically benefit the company and its employees?

If America wants to see an end to this recession, it would be wise to consider ending all nationalization of private industries and to stop most, if not all, government and corporate entitlements.

Otherwise our economy may be headed for a financial Armageddon.

www.huntingtonnews.net...

Rising national debt raises prospects of eventual inflation

Inflation is as dead as the Wicked Witch of the West in a waterfall. The consumer price index has actually fallen 1.3% in the past 12 months. So why is everyone so worried about soaring prices?

In a word: debt. The government owes the world $11.4 trillion — $37,000 for every person in the U.S. In the next fiscal year, the government will add $1.8 trillion to the deficit.

Editor of the Gloom Boom & Doom Report, a newsletter, predicts that U.S. inflation will someday match Zimbabwe's — that would be 236 million percent a year.

The ultimate cause of inflation is an unwarranted increase in the money supply. The key word here is "unwarranted."

A normal inflationary spiral starts when the central bank increases the money supply even as the economy is rising. It's like piping oxygen into your barbecue. When the Federal Reserve increases the money supply, generally through lower short-term interest rates, businesses can easily borrow and expand. As companies prosper, they pay higher wages to attract new employees and retain old ones. Employees, in turn, spend more — which increases demand, and prompts companies to raise prices.

The government's plan is to fight the sour economy now by spending money, and worry about the debt problem later. "If that's the price to keep from having the second Great Depression, it's a bargain

www.usatoday.com...

reply posted on 2-7-2009 @ 11:06 PM by wonderworld

Hey Nation get ready for Hyperinflation!

Think it can’t happen in the US, EU, UK, . Think again! We had Hyperinflation in Germany in the 20’s and 30’s and today we see the suffering of the Zimbabwe Hyperinflation. No one thinks it’s possible here, in a country. Time to prepare and keep your eyes wide open.

They don’t throw the word Hyperinflation for the fun of it. It is a real threat! I’d be watching Gordon Brown very closely, as well. He seems to be on the same track and highly influenced by the G20.

Those who aren’t familiar with Hyperinflation; A days wages will buy a loaf of bread. It’s extremely devastating to an economy and 10 times worse than the Great Depression. During the Great Depression your 100 bucks in the bank will still buy 100 loaves of bread. During Hyperinflation that same 100 bucks will buy 10 loaves the first month and 1 loaf a couple months later. Let’s hope for A Great Depression.

The Weimar Hyperinflation: Time to get out the wheelbarrows?

reply posted on 2-7-2009 @ 11:52 PM by Republican08

reply to post by wonderworld

Now this stuff, I think is a real threat, screw nibiru, we can see this and feel it.

Not only are they printing money out of thin air, but their typing into a computer, what is it like 97% of all the money is not on paper, only 3 percent correct me if i'm wrong though!

Even if TSHTF, I wouldn't be surprised if you see everyone go, Give Obama more time!!!

YouTube Link

I tried for three days, to find a video making fun of Obama, hoping SNL would do just one, but noone will even make a little joke about him.

[edit on 2-7-2009 by Republican08]

reply posted on 3-7-2009 @ 12:10 AM by wonderworld

Originally posted by Republican08
reply to post by wonderworld

Now this stuff, I think is a real threat, screw nibiru, we can see this and feel it.

Not only are they printing money out of thin air, but their typing into a computer, what is it like 97% of all the money is not on paper, only 3 percent correct me if i'm wrong though!

Even if TSHTF, I wouldn't be surprised if you see everyone go, Give Obama more time!!!

YouTube Link

I tried for three days, to find a video making fun of Obama, hoping SNL would do just one, but noone will even make a little joke about him.

[edit on 2-7-2009 by Republican08]

I have a couple too.

reply posted on 3-7-2009 @ 12:26 AM by cancerian42

Well, Barrack Obama did promise change so here it comes. There were doubters, but at long last a politician who told the truth and will keep his campaign promise. JK.

But really, I'm about to cry.

reply posted on 3-7-2009 @ 12:46 AM by wonderworld

reply to post by cancerian42

I havent determined yet if they are breaking the economy intentionally? It sure seems like it. These guys should know better.

reply posted on 3-7-2009 @ 12:53 AM by Ansiroth

Isn't fair at all, what of the futures of the people who live in this country and really had nothing to do with this problem? Im a 20 year old guy trying to get his financial stuff working for him. I budget my money, i don't owe anyone a dime, and i even quit smoking two weeks ago to save some extra cash, and now the entire thing could come crumbling down because of the fed? It's not the average persons fault, they can only do so much singularley. Theres really not alot for someone like me to do about this, is there?

reply posted on 3-7-2009 @ 03:38 AM by Spartak_FL

double post

[edit on 3-7-2009 by Spartak_FL]

reply posted on 3-7-2009 @ 03:46 AM by Spartak_FL

Originally posted by wonderworld

Originally posted by Republican08
reply to post by wonderworld

Now this stuff, I think is a real threat, screw nibiru, we can see this and feel it.

Not only are they printing money out of thin air, but their typing into a computer, what is it like 97% of all the money is not on paper, only 3 percent correct me if i'm wrong though!

Even if TSHTF, I wouldn't be surprised if you see everyone go, Give Obama more time!!!

YouTube Link

I tried for three days, to find a video making fun of Obama, hoping SNL would do just one, but noone will even make a little joke about him.

[edit on 2-7-2009 by Republican08]

I have a couple too.

haha add this to your collect. your sides will hurt

truechristian.com...

[edit on 3-7-2009 by Spartak_FL]

reply posted on 3-7-2009 @ 04:05 AM by Loke.

Im really sorry that your economy is tanking this hard it is at the moment. But US extravagance lifestyle with cheap oil, food and what ever has turned its ugly back on you all, and this recession didnt start 1 year ago it has been in track for 6-8 years and if US would really save some money i would suggest a military cut, like f.ex drag US butts out of sovereign countries around the world, that would save a lot, but oh my when US economy since 2001 have been build by needs from the military thats gonna be a hard one.

4 dollars a gallon of gasoline, WHAT??? you think thats exspensive? Then no US citizen should ever want to fill a tank of gasoline in Europe where price are at least twice as high plus all the taxes we pay even on small vehicles.

But one day when US news will show what happens in other places than US, Irak and afghanistan the American people will hopefully wake up and smell the real deal on whats going on and how to live side by side in pact with nature and with humble towards your existence and towards eachother.

Best regards.

Loke.:.

reply posted on 3-7-2009 @ 07:53 AM by cpdaman

repub08

yes 97% of the "money supply" is electronic ...not tangible

try and find out the last time a hyperinflation occured thru non tangible electronic notes

also alot of these electronic notes are Credit/debt.......there still is a large difference between giving someone a Loan/Credit Line and giving them cash ......obviously but i thought i would still mention it b/c it seems people forget about that

So how do you really think the gov't would transfer all this money into the hands of the people......Gifts?.....i ask because usually it is thru wage inflation that spirals upward...........there will be NO wage inflation in the USA in this day and age

look at the unemployment rate in Weimar Germany during the hyperinflation......i think most would be shocked.......How low it was

Govt's want people to have Inflation expectations about the future they do not want you saving your money .....they want you spending......they want some type of balance really to maintain some sort of order so they can maintain their power.....but the more scared of deflation they are the more they try to say inflation is around the corner...........we could eventually get a mild inflation like last summe again (so long as dollar is tied to commodities like food and oil)

when the fed starts printing 500 1000 and 5000 notes then i will raise an eyebrow......until then i think the threat we should be aware of is a spiral downward in JOBS and Consumption Later this year when people begin to realize we are not recovering in anywhere near the sense of what we have done after strong recessions......we are in a process that historical records clearly show (financial CRISIS).....led by high debt over hang....is a depression process. some are worse than others we shall see

[edit on 3-7-2009 by cpdaman]

reply posted on 3-7-2009 @ 09:24 AM by jefwane

Still in the deflation camp here, though after last years oil run-up, I'll admit that certain things may experience price inflation. If the money being "printed" were hitting the economy I might switch to an inflationary thesis, but most of the printed money has been sucked into the singularity that is the Big Banks and Brokers of the World and is not chasing goods and services. Most people with an inflation thesis do not acknowledge that we've already seen hyper-inflation in a couple of the largest asset classes, residential and commercial real estate. Nor will they even mention the fungibility of credit and money. What you'll never hear an inflationist talk about is the HUGE reduction in available credit i.e. Credit cards, mortgages, comercial real eastae, HELOCS, etc.. that credit, which spends the same as money is not chasing goods and services.

No mechanisms to create a price-wage spiral = no hyperinflation
Printed money being sequestered in the large financial institutions not in the general economy equals = no hyperinflation
Deflation being better for Goldman Sachs and JPMorgan = no hyper-inflation (eventually they get to buy assetts for pennies on the dollar)

I'll revisit my thesis if the Obama admin starts talking about wage and price controls, but how did that work against deflation in the FDR administration?

[edit on 3-7-2009 by jefwane]

reply posted on 3-7-2009 @ 10:34 AM by wonderworld

Originally posted by Ansiroth
Isn't fair at all, what of the futures of the people who live in this country and really had nothing to do with this problem? Im a 20 year old guy trying to get his financial stuff working for him. I budget my money, i don't owe anyone a dime, and i even quit smoking two weeks ago to save some extra cash, and now the entire thing could come crumbling down because of the fed? It's not the average persons fault, they can only do so much singularley. Theres really not alot for someone like me to do about this, is there?

We can hope this Obama Casino style economy works, if not I'd buy a few silver bars and stock up on food. The survival threads are very good. Dont be to discouraged. Life is still good but prepare for an unforeseen event.

reply posted on 3-7-2009 @ 10:37 AM by wonderworld

reply to post by Spartak_FL

Yes, that was funny but beat this one.

reply posted on 3-7-2009 @ 10:39 AM by wonderworld

reply to post by cpdaman

The constant printing of 20.00 bills is adding up at an alarming rate.

reply posted on 3-7-2009 @ 11:00 AM by bismarcksea

reply to post by wonderworld

Only problem is, they don't have to PRINT anything! The can creat MILLIONS and BILLIONS and ZILLIONS and GaGaZillions by a simple press of the button.

reply posted on 3-7-2009 @ 11:07 AM by wonderworld

Originally posted by bismarcksea
reply to post by wonderworld

Only problem is, they don't have to PRINT anything! The can creat MILLIONS and BILLIONS and ZILLIONS and GaGaZillions by a simple press of the button.

Yes and the Collateral for that credit is US soil and citizens.

reply posted on 3-7-2009 @ 12:36 PM by jkm1864

I like how europeans come on here acting like they are so superior to us Americans. Hey I hate to tell You if it wasn't for our military You wouldn't have all the so called freebies that You love so much. When We bring our troops home and We can no longer be the so called policeman of the world then what are You guys going to do. I'll tell You what You are going to do You will start spending more money on Your military and won't have any left for so called free medical. So why don't You thank us American tax payers for Your free medical because in essence our #ed up taxes went to it because We protect Your useless butts.

reply posted on 3-7-2009 @ 12:40 PM by wonderworld

reply to post by jkm1864

The only thing Ive noticed is they claim to be Anti-Gun because they cant have them. I havent noticed the superiority thing, although Ive heard others mention it.

reply posted on 3-7-2009 @ 10:18 PM by OBE1