Whatever you do, watch this vid

If you don't care about this, you had better start caring. The US* has a giant hypodermic of new money, imagine a hypo with ten gallons in it, already inserted into its neck. It's full of inflation, debt, and misery.

Read details here.

As usual, down the road when the crap hits the fan, the central government will pretend to ride to the rescue which will really be just an excuse to strip the population of their property and their rights. It will be done invisibly as possible and in a way the common man won't understand. Minority/fringe groups and/or foreigners will be blamed. Well, you'd better start looking into it!

This isn't conspiracy theory. This is "the basic things that a bank does". Our monetary system guarantees that a certain percentage of the people will completely stripped of their lives. The math is simple: banks take more than they give. In fact they give almost nothing and take almost everything through interest (which most understand) and fractional reserve banking.

I dream of a world where the ten giant banks on the main street of my town are all shut down (their charters removed when the Federal Reserve is abolished). That will stop the horrific bleedout of Spanish Fork's resources to distant corporations. And then that banks are re-assigned to their proper role (storage and transfer of commodity-backed money as well as full-reserve loans/investment).

If each dollar were backed by ten pounds of bricks it would be worth more than it is now. Even a single brick. If it were backed by air it would be at least backed by something. Now it's backed by trust in the Federal Government. That's worth zero in my book.

A time of hyperinflation is terrible particularly for low-income people and small savers because in a few hours or in a few days they see their salaries and savings got destroyed by price increases which take place at a rapid pace. Then, a cry goes up to the government to "do something!" And if the government comes with a good stabilization plan, that is the chance to accompany it with other reforms. The vultures swoop in to peck the poor dying victim to death.

If you're amazed that our "leaders" (so called) seem unconcerned as they plunge the country into the dark pit of debt don't be. This is the precursor the desperation that will cause the population to accept drastic changes in order to eliminate the hyperinflation (usually wage and price controls-- there goes the free market).

Hyperinflation creates the context for emergency measures in which democracy can be suspended and controls handed over to an elite few.

What can you do? Get shock resistant. Pay off your debts. Get into fixed rate loans. Have a backup plan for housing (mom, if things go south, can I stay in my old room for a while). And most importantly, stock up on the poor man's gold: canned goods. Just a month's supply can keep you out of trouble. And most of all, get mentally prepared. Know your stuff so you won't be duped.

We won't be the first country this has happened to. Nearly every country in Latin America has been bombed into oblivion by the off-shore batteries of the IMF. As former IMF Managing Director Davison Budhoo wrote:

"To me resignation is a priceless liberation... I have taken the first big step to that place where I ... hope to washy my hands of what in my mind's eye is the blood of millions of poor and starving peoples... The blood is so much, you know, it runs in rivers. It dries up, too; it cakes all over me; sometimes I feel that there is not enough soap in the whole world to cleanse me from the things that I did do in your name."

To all people who work in the banking industry I say, "Get out brother (or sister)! Get out as quick as you can!" As the truth comes out the black shame of fraud will seep down, darkest and thickest at the top, but it will ooze all the way to the bottom. It will make me sad. I don't want anyone to feel that way.

*and most other countries, so don't think it can't happen to you.



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