Expert Warns of Hyperinflation: “The American Way Of Life Will Be Destroyed”

The end of the petrodollar will be the end of liberalism, the end of multiculturalism, the end of political correctness. We will suffer, but it will be well worth it.

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Expert Warns of Hyperinflation: “The American Way Of Life Will Be Destroyed”

Mac Slavo
SHTFPlan.com
February 18, 2014

If there’s one thing that’s certain about what’s happening in the world right now it’s that uncertainty is pervading every aspect of the global economy. From fabricated employment statistics and consumer spending reports to obscene levels of debt and a failing domestic monetary policy, the writing is on the wall.

According to top Casey Research analyst Marin Katusa, who has met with energy ministers and business leaders in over 100 countries, it’s only a matter of time before the world’s reserve currency goes the way of the German Reichsmark and Zimbabwe Dollar.

What we’re talking about here is nothing short of an outright collapse of our banking system, hyperinflation of the US dollar, and a complete destruction of the world as we have come to know it.

This is a must-watch for those trying to understand what’s happening with the economic landscape, how to…

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11 Responses to Expert Warns of Hyperinflation: “The American Way Of Life Will Be Destroyed”

  1. TabuLa Raza says:

    How Keynesians got their university monopoly: http://www.garynorth.com/public/12122.cfm

    Our problem is, in one word, monopoly.

    Information, and money.

    The question is: how to bust these monopolies. First, the general pubic need to know that these monopolies exist, and who [YKW] is pulling the strings, behind the curtain.

    PAY ALL ATTENTION TO THAT MAN BEHIND THE CURTAIN.

    • mindweapon says:

      Yes, definitely. Liberals and Keynesians brook no competition. One cannot play by the old boy’s rules with monopolists. THey have to be run out of town. they needed to be run out of town 100 years ago.

  2. Craig says:

    It’s biting here with the CO2 tax, maintenance and hardening of the electrical grid is choking business, as the electrical grids were privatised, so they keep putting up the price.

  3. Mosin Nagant says:

    Meanwhile global corporatism is re-colonising gold- and oil-rich but impotent sub-Saharan Africa with thousands of AmeriKan troops: http://www.youtube.com/watch?v=Cg6wDEnM7s0 — and attempting to take over at least the western half of Ukraine, using thousands of rioting proxies, and even NATO troops, if Russia allows: http://rt.com/politics/russia-us-ukraine-accusations-520/ — and manipulating conflict in Venezuela http://www.youtube.com/watch?v=ncLi958w7Vg for control of its immense wealth.

  4. I think the weakness of the Austrian school is that they focus too much on money creation, while ignoring money destruction. Vast amounts of financial capital get destroyed in these financial collapses we have every decade or so, and they ignore the velocity of money. Deflation is really not any better than inflation, and creates the paradox of thrift.

    I think the information age is poised to change the entire nature of money and financial capital. I don’t think Bitcoin is going to do it, I think the entire concept of “money” – based on finite quantities of gold and paper substitutes – is getting radically altered. Once robotics and 3D printing get more efficient, we’re going to have to change our understanding of work and production.

    Whites are in a major demographic collapse, for many reasons. All we have to do is stop feeding the third world and stop giving our technology to the Asians and things would balance themselves out quite naturally.

    We live in an age of material abundance, even if cheap oil goes away, we can radically reduce the amount of energy we use using existing technology. Household appliances used to be massively inefficient, back in the 80s and 90s they were engineered to use a fraction of the energy they used to. Cheap computers and networks are not going away. The younger generation is re-urbanizing and taking back the cities from the ghetto denizens and the era of automobiles is passing. If the US would just stop immigration, and in fact, reverse it, the remaining 250 million White people in North American could essentially live like kings.

    We don’t need perpetual growth – that’s a political problem more than an economic problem, really.

    Remember, the Austrians have been predicting hyperinflation for over 100 years. If we really did have hyperinflation, we’d just switch to some other sort of financial system.

    I’m still a techno-optimist. If we could get North America, Europe, and Russia to co-operate, we could give China a minority stake in the Middle East and Africa, reduce third world population growth via free birth control, and have a new Golden Age.

    • mindweapon says:

      Interesting comment for the most part, Hipster. However, I disagree with this:

      We live in an age of material abundance, even if cheap oil goes away, we can radically reduce the amount of energy we use using existing technology. Household appliances used to be massively inefficient, back in the 80s and 90s they were engineered to use a fraction of the energy they used to.

      It’s a common enough idea that energy and technology are interchangeable. It’s just not true. What is true is that we could use existing technology and make other arrangements as to how we get around, and how we produce and distribute food, and such. However, making these other arrangements would be an extremely radical change for society. They aren’t going to do this proactively, so it’s going to be forced on us, involuntarily, and the transition is going to be ugly.

      • I just think that technology has the perhaps unintuitive possibility of allowing us to reduce the energy we need, not that they are interchangeable per se. If energy prices go higher, I expect technology will be deployed to reduce energy needed. I can come up with all sorts of anecdotal examples. TPTB don’t even need to be proactive, it will happen in the marketplace. Even when we had the oil shocks of the 70s, which were pretty bad and caused a lot of disruption, it’s not like society itself collapsed.

        When I say technology, I’m thinking more in terms of software as opposed to hardware. Software can find the inefficiencies in a system and route around them. Just think about how much physical infrastructure the internet has replaced, and it’s just getting started. The internet has really only been a mass phenomenon for 30 years. We’re just getting started.

        Then, add in the massive demographic collapse of white people, and that’s even less energy needed – as long as we restrict ourselves to providing for ourselves, as opposed to the entire world.

        We haven’t even begun to weed out the inefficiencies in the system.

      • mindweapon says:

        Weeding out those inefficiencies means weeding out millions of people. We are the inefficiencies.

  5. New England Millennial says:

    I’ve been hearing about collapse since 2008, and yet they’ve managed to keep this ship going.

    Should we all be moving into the rural hinterlands and start farming and hoarding gold and silver, or should we be moving to the cities because that’s where all the elite power players, young women, foreign language schools, and money are?

    For me it boils down to Boston or New York vs. Vermont, Maine, New Hampshire.

    San Giorgio’s lecture was posted on this blog and yet I’m pretty sure he said that cities are the last place you want to be when SHTF.

    • mindweapon says:

      If the shit hits the fan, you can work with me. I’m in New England, I emailed you. I should be able to find a place to put you up, as long as you pull your weight.

      I think we should have access to both city and countryside. I am a bit rural but will definitely have major problems with the local, dense population. I’m reading Ferfal’s Modern Survival Guide — the guy who lived through the Argentine SHTF in 2001. He says the biggest problem is getting robbed — violence. It appears that he has had to kill people, and not a few.

      So if there’s a level of collapse where the cops aren’t getting paid, we’re going to have to band together for defense.

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