Debt Crisis, Peak Oil, & Hyperinflation Part 1

This video explains the links between the current sovereign debt crisis in Europe, the bursting of the debt supercycle, it's detonator peak oil, and the likelihood of a velocity of money lead hyperinflationary event which will lead to systemic financial collapse

Category:

News & Politics

Tags:

• EU
• IMF
• Ireland
• Portugal
• Hyperinflation
• Peak
• Oil
• Peter
• Schiff
• Marc
• Faber
• Greece
• Deflation
• Collapse
• Capitalism
• Market
• Jim
• Rogers
• Dmitry
• Orlov
• Matthew
• Simmons
• Richard
• Heinberg
• Inflation
• Fed
• Ben
• Bernanke
• economy
• Gerald
• Celente
• Nassim
• Taleb
• Commodities
• Gold
• Silver
• debt
• max
• keiser

[ftwbk]

1) u said that banks are just hoarding the excess reserves but they are buying us treasuries with a lot of that money. those treasuries are created to pay for services/goods which does allow the $ to get into the system/circulation. thankfully, they are no expanding it through commercial/personal lending. 2)ur argument that money inflation doesn't create higher prices is just not logical. this is why commodities r rising across the board and not just oil.

[tomobrien2004]

@ftwbk goverment spending would enter the M3 money figure, which is shrinking. My argument is not that money printing does not cause inflation, of course it does. But it's inflationary aspect is being countered by what seems to be (so far) a greater deflationary pressure. This may change in the future and we see both a systemic fear based inflation, and a money printing inflation big enough to overwhelm the deflationary pressures and they it is all over..... maybe QE3 will be too much....

[cronoslogic]

The Federal Reserve's fractional reserve banking system does not work that way at all. They take in 100 in deposit, hold just the 100, and can lend 1000 out of thin air. You should get a copy of Modern Money Mechanics and read it carefully.  Also, every country in the world that deals through the IMF's central banking scheme is running the exact same fractional scam. republicofflorida*org has a huge education center. Check it out if you want more information.

[tomobrien2004]

@cronoslogic i was talking about standard high street bank fractional reserve lending - not that by the federal reserve lending or other central banks

[christo930]

@ftwbk You do understand that all other commodity production is directly tied to oil right? Take wheat as an example, in takes diesel fuel to plow, plant, harvest, process, transport etc. Same with all other agricultural commodities. Look at metals: The largest copper mine in the US was a mountain and is now a mile wide 3/4 mile deep hole that has an ore content of .02% meaning that hundreds of pounds of rock need to be transported, processed and disposed of to get the ore, all with diesel.

[shtfrun2thehills]

@cronoslogic Scam indeed. The closer I look at this the more disturbing it gets, if their plan is to implement a one world currency, military, government what have you then the only possible way of stopping it would be a global rebellion to secure each and all's culture, identity and freedom. Would that be possible? If so, how long before that union became corrupt?

[cronoslogic]

@shtfrun2thehills The money isn't backed by gold, silver or anything like that. It's backed by the potential each and every person has to produce over the course of their entire lives. It's pure usury and the money is backed by human flesh. To put it simply, it's called slavery. Nothing in this world has ever changed other than the trickery used to keep us enslaved. It's a complicated mess that is explained in detail on republicoflforida*org. This scam is global.

[shtfrun2thehills]

@cronoslogic that would be 10%? I think by the time the money in circulation is 're-lent' that 10% gets even lower and the federal reserve no longer holds the gold, so what the hell is this paper backed by?

[reelphresh]

All I know is population For the last one hundred years has increased on the same plane as the amount of oil man can get up and with 2010 having less barrels then 2009, times are going to get tuff. Iraq was the coin toss. The real games about to begin.

[quadcatfly]

lol. another deflationist flop.....

[tomobrien2004]

@4li5t4ir i agree that pricing oil in just fiat currency has it's weakness, and a basket measure might work better some of the time, but it also fails if everything in the basket is rising. and it would make sense that this might happen if we are going to experience a systemic crisis. It's hard to judge - you might be completely right - the dominant factor is the money printing and not oil. But my money is on the oil for now...

[4li5t4ir]

@tomobrien2004 I would say that it is much more accurate to price oil in comparison to other commodities, not just gold or silver but cotton, sugar, soybeans etc that would give a much more accurate picture of the "real" price of oil, rather then rely on fiat money prices. While you could argue that all these commodities have risen in price because they require oil in their production, and oil has risen in price lately, I think the timing is off. Oil has risen only after other commodities have.