.Economic Collapse Empty Store Shelves Coming to America.

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Inflation Update

The National Inflation Association predicts that by 2015, America will be experiencing hyperinflation that will cause the US dollar to lose virtually all of its purchasing power.

This is a generous forecast compared to others, who believe that the dollar will not last through the end of this year.

The NIA has been implicated in investment scams. I do not suggest that anyone rely exclusively on this source for stock tips or for advice on the purchase of precious metals...

See Also: http://www.forbiddenknowledgetv.com/videos/economic-collapse/7-steps-to-survi...

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by National Inflation Association
"Preparing Americans for Hyper-Inflation"
June 6, 2011

The official U.S. unemployment rate rose during the month of May to 9.1%, up from 9% in April, with only 54,000 non-farm jobs being created for the month. The real unemployment rate including short and long-term discouraged workers is now 22.3%. The Bureau of Labor Statistics (BLS) used the birth/death model to produce a positive monthly bias during the month of May of 206,000 jobs, up from 175,000 in April, 117,000 in March, and 112,000 in February. Without the birth/death model, 152,000 jobs were lost during the month of May.

By utilizing the birth/death model, the BLS is assuming that during the month of May, the number of new jobs created by start-up businesses were 206,000 greater than the number of jobs lost from companies going out of business. NIA finds this assumption to be absurd and believes it is likely that jobs lost from companies going out of business were actually much higher than jobs created by new start-up firms. It is obvious to us that the BLS is using the birth/death model to manipulate unemployment figures to make the U.S. employment situation seem far less worse than it truly is. There is absolutely no legitimate reason for the birth/death model upward bias to have increased 84% over the past three months.

McDonald's recently had their own "National Hiring Day" in which they encouraged Americans to apply for new jobs at the company. All together, 1 million Americans applied for 62,000 jobs at McDonald's and over 900,000 Americans had to be turned down. To us, this is a sign that despite government economic statistics that are bottom bouncing from their lows due to the Federal Reserve printing trillions of dollars out of thin air, the U.S. economy is still in a severe downturn without the possibility of a real recovery. It is NIA's belief that the Fed needs to allow the U.S. economy to enter into a severe depression where all bad debts can be liquidated and the free market can rebalance the economy from the ground-floor with a solid foundation.

The fact that the BLS needs to resort to deceptive birth/death model manipulative practices to give the appearance of any job creation, proves that the Federal Reserve's destructive monetary policies of zero percent interest rates and endless money printing are not creating a sustainable reduction in the unemployment rate. Bernanke can claim all he wants that America's inflation is transitory, but the only thing transitory about our economy is the artificial decline in the official U-3 unemployment rate from its peak in October of 2009 of 10.1%. The real unemployment rate has increased since October of 2009 and NIA believes that the official unemployment rate will likely rise back into double-digit territory in 2012.

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• America

[rcroach23]

@rcroach23 i ment 50 pound bags of rice and the other stuff. im typing in a dark room so forgive me. with the ar15 if you get a .223 you cant shoot 5.56 out of it or atleast its not a good idea but if you get a 5.56 you can shoot both no problem. try to get a good handgun or 2 as well although those are harder to get than long guns. common calibers are 9mm, .40 s&W, .45 acp, 7.62x39, 7.62x51 (.308) 5.56 or .223 and of course 12 gauge and .22lr.

[rcroach23]

@LivingMindfully1975 get yourself a bunch of 50 pound or white rice oats or beans, they will last a very long time and are reletively cheap compared to mre's and other storables. get yourself some reliable weapons and train with them as much as possible to protect what little you will have. plenty of ammo and mags as well. i would recoment atleast 1 good .22lr, an ar15 (5.56 or .223) go with 5.56 so you can shoot either .223 or 5.56 out of it and maybe something in .308

[tallswede80]

These are the fuckwads that peter schiff warned about. NIA is a criminal organization, using fear tactics to try to con you into giving them your money.

[SMagseahl]

Fact Checking The National Inflation Association And its Hyperinflation Fear-Mongering.

[VaginosaurusRex]

can i walk into a bank and ask for a specie payment?

[excibitionizm]

jesus christ wat hapend to that country

[LivingMindfully1975]

@destructingparabola..........­...America has been in the Middle East for 10 years unable to defeat a small group of warriors who hide in caves and use self-made weapons. If China and Russia teamed up against the Unites States, that would destroy our nation and economy. America is collapsing under the weight of it's military and can no longer sustain it. America has had an image of a "first world nation" but in reality we have the largest debt of any nation in the history of the world.

[LivingMindfully1975]

What should people do to prepare? I live in a major city and don't really know what to do. I know canned food has a shelf life for 2-3 years. But I'm not sure how to go about trying to prepare for hard times.

[LivingMindfully1975]

@maximusTLP ....I agree! I think it will hit sooner!

[xxbeeler65xx]

when i can no longer buy what i need i will take what i want?