What's the End-Game? Hyperinflation or Depression?
- Thread starter foolsgold
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You mean, what the Elites WANT, or what is actually going to come of this?
What the Elites WANT, is a combination of China's Social Credit tyranny, with digital money to enforce it. The Great Reset is to level everything, to wipe out sovereign and corporate debt, so they can start with a clean slate, and start any damn way they want. Without meddlesome carping by the proles and peons.
What is going to HAPPEN, is a failure of the currency, similar to Wiemar, to France under John Law's scheme, to Venezuela. There will be chaos and almost-certainly civil war.
Prior to that, it appears Von Mises had it correct - a crack-up boom. It's taking so long because there's no Flight-To-Safety in other nations' currencies or investments - the dollar is still the cleanest dirty shirt in the wash-pile. The safest place is Russia right now, but only because they've escaped the societal madness the whole of the West is suffering. Russia as a place to store wealth and invest in industry, is safer but not safe - they do not have a long track record of political or economic stability, and theirs is not a true democracy. The Russians are not recognized as having rights, but are only being currently extended civil liberties.
What is going to happen is what always happens when the stupid and insane take over government. What happened to Rome. What happened to the Third Reich.
What the Elites WANT, is a combination of China's Social Credit tyranny, with digital money to enforce it. The Great Reset is to level everything, to wipe out sovereign and corporate debt, so they can start with a clean slate, and start any damn way they want. Without meddlesome carping by the proles and peons.
What is going to HAPPEN, is a failure of the currency, similar to Wiemar, to France under John Law's scheme, to Venezuela. There will be chaos and almost-certainly civil war.
Prior to that, it appears Von Mises had it correct - a crack-up boom. It's taking so long because there's no Flight-To-Safety in other nations' currencies or investments - the dollar is still the cleanest dirty shirt in the wash-pile. The safest place is Russia right now, but only because they've escaped the societal madness the whole of the West is suffering. Russia as a place to store wealth and invest in industry, is safer but not safe - they do not have a long track record of political or economic stability, and theirs is not a true democracy. The Russians are not recognized as having rights, but are only being currently extended civil liberties.
What is going to happen is what always happens when the stupid and insane take over government. What happened to Rome. What happened to the Third Reich.
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Yeah I think inflation until thing get out of control then depression.
Viking
Yellow Jacket
We’ll be fine. The Fed has our back.
Inserting a shiv in it.
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When Money Dies pdf
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If there is an end game, it might be the introduction of a CBDC. As to how it would happen......
If you read through the tin foil hat thread and read some of the IMF & BIS posts, you'll see they have been working towards it for some time now.
jmo - fwiw
... a CBDC. As to how it would happen......
...
Retail CBDC will be introduced as an option at first and there will be incentives to start using it - probably even free money benefits for opening your CBDC account. Australia is already experimenting with this:
Cash for Digital ID | Australians for Science and Freedom
The West Australian Government is offering families a one-off cash payment. All you have to do to claim it is get a Digital ID.
www.scienceandfreedom.org
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Hyperinflation Is A feature, Not A Bug! How Did We Get Here?
Oct 26, 2024 AEGINAHyperinflation is the natural end of all fiat money. How did we get from real money made out of gold and silver to paper money full of promises backed by nothing?
I visit the island of Aegina Greece where the first coins in Europe were made from silver. I look at the history of coins made from gold, silver and electrum, to where we are now in the US with the US Dollar backed by nothing and a surging national debt that can never be paid off. Are we destined for hyperinflation like all other world currencies backed by nothing?
Is there anything you can do to protect yourself from this inflation?
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