Great Depression plus hyperinflation

Hyper inflation will soon replace deflation on consumer goods while the asset class continues down.

Category:

News & Politics

Tags:

• Obama
• economy
• schiff
• ron paul
• bush
• economic crisis
• congress
• capitalism
• dollar
• stock market
• bailout
• wallstreet

[godscuttingyoudown]

you can't stop it the merging of US, canada, and Mexico will merge into a super empire the NWO will come to power if your smart your already out of debt, stockedpiled a 7 year food supply and formed a comunity militia

[jjrglobal]

@godscuttingyoudown

I agree with hwy, the more indebted you are the better off you'd be when hyper inflation hit. You want to be leveraged to the hilt. Buy that million dollar home, finance it for as long as possible with the lowest payments front loaded, who knows,in a hyperinflationary environment,minimum wage may be equal to a million dollars a month. You certainly wouldnt want to pay off your debt before inflation takes hold,when your dollars are more valuable or hold any dollars in savings

[Chanesmyname]

@jjrglobal Surely they will just increase interest rates to claw back the money printed when inflation bites hard and when they do that a debt will really hurt . It has been done before in the 1970s. It is bizarre that we haven't learned any lessons from history and I await the return of Fascism and gas chambers because it seems depressingly inevitable.

[jjrglobal]

@Chanesmyname

They can't raise rates for 2 reasons 1. Most of the debt sold is in 2 n 5's, so they'll have to roll it over, when they do rates can't be high. 2 If they raise rates, they'll only exacerbate the problem of money flowing into the economy. Right now the banks are sitting on trillions of dollars being held by the Fed, for the payoff of all the toxic mortgages the fed bought from them. Banks are letting this money sit at the Fed drawing .25% until things get better.

[jjrglobal]

cont

This is the real danger of inflation, if the trillions these banks are sitting on were suddenly put into the market in the form of loans, hyperinflation will occur. It is estimated that if this money were to be loaned, it would increase M1 by 800%. Thats 8x the money supply. The Feds think they can avoid the money entering the market by raising interest rates, but that will only make the trillions the banks are holding grow exponentially. They painted themselves into a corner

[jjrglobal]

Its like millions of homeowners suddenly paid off their mortgages all at the same time, thats really what has happened, when the Fed bought all the toxic assets and paid the marked to market price to the banks. There is no way out of this, I am 100% certain . Did this make sense at all? Its very difficult to explain. Google Robert Murphy debates Federal Reserve Chairman for a much better explanation

[D33Lux]

The big fascist hammer will be coming down on all of us very soon!

[brianpez]

How to stop corruption. 5 year limit terms with no reelection or pension in congress . A agency that monitors interaction between them and lobbyists and gets bonus by exposing found corruption.Abolish sec and start over with new people. Ceo salary has to be more comensurate with the average worker, end golden parachutes. Fix corprate accounting practices. Limit the amount of corp boards an individual can sit on to one. this might eliminate 3% of the problems facing this country.

[pyronc]

FYI- to those saying they will be able to pay off their mortgages for essentially nothing....if history is any forecaster they reinstated debt after the Weimar Republic in Germany at 25% during the post inflationary period....no one will get away with thier debt just evaporating in the end.....but we can hope, right? Buy gold...

[mkmason2002]

HOW RIGHT HE IS THREE YEARS LATER.

[aviomaster]

YOU forgot USA army which will be THE MAIN player in 2nd USA Great Depression Millions will be killed.

WW-II will be like CHILD's play compared to USA fascists.

[kalitexnis10]

We are all going to die a grizzly death....

[RidleyReport]

To see more vids about hyperinflation, and specifically what New Hampshire folk are doing about it, click my channel. Then...come back and watch more jjrglobal vids!

[xadam2dudex]

@xadam2dudex *etc