Run Faster Than The Slowest Camper
The bear is out of the woods and the bull is running for cover. Forget about out running the bear, that is never going to happen. I will tell you why in a second.
All you really need to do is run faster than the slowest camper.
96 years ago, December 23, Woodrow Wilson used four gold pens to sign the Federal Reserve Act into law. This act is arguably the most destructive and harmful law enacted by a United States President up to that time.
The Federal Reserve Act allowed the inflationary bubbles that created the snowball of debt that currently engulfs us today. Nothing is at all mysterious about inflation;
inflation is government intervention pure and simple.
This proves the lie of the myth that regulators actually regulate rather than serve the interests of corporate beneficiaries. Debasing money is an old trick of governments going back at least as far as Biblical times.
15And when money failed in the land of Egypt, and in the land of Canaan, all the Egyptians came unto Joseph, and said, Give us bread: for why should we die in thy presence? for the money faileth.
16And Joseph said, Give your cattle; and I will give you for your cattle, if money fail.
17And they brought their cattle unto Joseph: and Joseph gave them bread in exchange for horses, and for the flocks, and for the cattle of the herds, and for the asses: and he fed them with bread for all their cattle for that year.
18When that year was ended, they came unto him the second year, and said unto him, We will not hide it from my lord, how that our money is spent; my lord also hath our herds of cattle; there is not ought left in the sight of my lord, but our bodies, and our lands:
19Wherefore shall we die before thine eyes, both we and our land? buy us and our land for bread, and we and our land will be servants unto Pharaoh: and give us seed, that we may live, and not die, that the land be not desolate.
20And Joseph bought all the land of Egypt for Pharaoh; for the Egyptians sold every man his field, because the famine prevailed over them: so the land became Pharaoh’s.
21And as for the people, he removed them to cities from one end of the borders of Egypt even to the other end thereof.
Genesis 47
What happened in Egypt is that the grain harvest was deposited into the secure government storage facility. The government then issued script (money) against the grain reserves.
When the government wanted to spend more than they could back up with grain reserves, they just went ahead and printed up more script anyway betting on ever increasing harvests to make the script good. Of course, with crop failures not only was the inflated script no good, in that it never had backing, but the original script could not be redeemed for grain either because there was none.
Fiscal policy cannot stimulate the economy.
The government has no money of its own.
It has only the power to tax and spend the money of others.
Financial collapse and food collapse have proven to be the consistent downfall of empires throughout human history. I write about the food collapse a little bit further down but first I want to touch upon the evidence of the advanced fear the government exhibits toward the governed.
Of course, since war has been declared upon United States citizens with the War On Drugs that allows the United States government to set new international records in the both the percentage of the population and total numbers of citizens that have been sent to prison by their own government.
The few shreds of the Bill of Rights remaining after the War On Drugs have now been completely obliterated by the subsequent War On Terrorism. The government appears so on edge that any excuse seems provocation enough to justify A Visit And Subpoena From Homeland Security.
The U.S. government fears and wages war upon the U.S. governed for reasons similar to why the Israeli government fears and wages war upon the Palestinians. Neither government would expect anyone to sit still for the wholesale fraud and abuse they dish out for very long.
They wish to avoid judgment and the consequences of their actions, also spelled out in the Bible.
1Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2Your riches are corrupted, and your garments are moth eaten.
3Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
4Behold, the hire of the laborers who have reaped down your fields, which is of you kept back by fraud, crieth: and the cries of them which have reaped are entered into the ears of the Lord of Sabbath.
5Ye have lived in pleasure on the earth, and been wanton; ye have nourished your hearts, as in a day of slaughter.
6Ye have condemned and killed the just; and he doth not resist you.
James 5
When the wealthy cheat farmers out of what the farmer is due the financial system tanks regardless of the unjust wars the wealthy wage.
This truth from Biblical times held up as a key point concerning the Fall of the Roman Empire and still holds true today. Truth seems to endure even if empires do not.
Closing the ‘Collapse Gap’:
the USSR was better prepared for collapse than the US
Despite appearances, we are not merely revisiting old mistakes. Our very way of life has been transformed into dependency upon an unsustainable system now running out of resources.
Die-off is a bottom-up phenomena affecting the lowest rungs of the human socioeconomic ladder first. This is already happening at a scale that is increasingly impossible to ignore.
Spiritual Leaders, scientists, climatologists, anthropologists and leading researchers unsuccessfully try to convince humanity that our self-destructive path is the true root cause of the collapse.
Prepare now.
Prepare now by becoming productive in your own name. Prepare now by connecting with people who appreciate your products.
Those who cannot connect with a personal fan base will be without the opportunity to sell their products directly. Lacking that opportunity, the only recourse will be self-reliance and self-sufficiency.
A lonely path at best.
I agree with what you say – except about inflation being due to government intervention. I think it can occur without government intervention also.
Jay Reply:
January 1st, 2010 at 4:48 pm
Inflation originally referred to the debasement of the currency, see:
http://en.wikipedia.org/wiki/Inflation
Now the definition is subject to spin and disinformation. Get back to basic understandable functional definitions that actually make sense and inflation always comes from government intervention one way or another.
A rise in price due to a rise in production costs either of raw materials or wages is not inflationary because the rise in price is equaled by a rise in value received. Additionally, the rise in price is returned to the economy and contributes to the net wealth of a society.
The government can intervene to cause inflation in many ways. Inflation can happen when governments print an excess of money to deal with a crisis. As a result, prices end up rising at an extremely high speed to keep up with the currency surplus. This is called the demand-pull, in which prices are forced upwards because of a high demand. This is what is commonly meant by inflation.
Inflation can also be caused by international lending and national debts. As nations borrow money, they have to deal with interests, which in the end cause prices to rise as a way of keeping up with their debts. A deep drop of the exchange rate can also result in inflation, as governments will have to deal with differences in the import/export level.
Inflation can be caused by federal taxes put on consumer products such as cigarettes or fuel. As the taxes rise, suppliers often pass on the burden to the consumer.
Wars are often cause for inflation, as governments must both recoup the money spent and repay the funds borrowed from the central bank. War often affects everything from international trading to labor costs to product demand, so in the end it always produces a rise in prices.
Otherwise, only monopolies, monopolies sanctioned by governments, can cause inflationary price rises. In a free and open market, unhindered by government intervention, the price always reflects the actual costs of production and distribution with profits kept to minimal lows by competition. This would also be an accurate method of valuation.
Since the Federal Reserve System was created in 1913 the cumulative inflation has been 1929%. Yes, that is right One Thousand Nine Hundred Twenty Nine percent inflation.
Prices increased by 1900% cost 20 times more. Something that cost $100 in 1914 would cost $2,029 now!
If you figure in the rise in productivity, which should have dropped prices across the board, the real inflation since the Fed took over the U.S. money supply is beyond ordinary comprehension.