jump into fireThe world’s most popular faith-based religion one is a false one and it is a fractional-reserve based fiat currency.
When the first fiat currency falls, whether it is the yen, the pound sterling, the Euro, or the USD, hyperinflation will arrive like a screaming banshee from hell.


War Bird

From JS Kim: Smart KnowledgeU

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    • Bought a grande cup of coffee this morning from a local coffee shop and it was $1.90, went back an hour and a half later and it was $2.03???  WTF…

  1. I think most signs point to much higher inflation here in the states. The recent developments in treasury yields and the falling of U.S. trade deficits are two new pieces of the puzzle. Falling trade deficits (eventually surpluses) means more dollars are flooding back into the states. We haven’t been seeing inflation here, because we’ve been exporting it overseas but that flow is now shifting. Foreigners, in a big way, are exchanging dollars for U.S. goods and assets. I also think this is why, despite the economy being so weak, the talk of “tapering” has been so consistent. The fed sees much higher inflation and is trying to get out ahead of it…It will of course, be unsuccessful.

  2. Just reviewing a report that Recreational Stocks are up. Any distraction from reality is in vogue, movies, Disney Land, etc.
    Escaping from reality, negative income, false GDP and employment reports.

  3. I can’t believe this made the front page of SD.
    This guy is smokin some better stuff than me.
    The prophesy is that government will create a one world religion, not a collapse which is born of the people.
    Maybe this guy should remane his school, WhatzaMatterU.
    Some wacked out ideas, people get…

  4. SOME OF THESE POSTS ARE JUST CRAZY. THE U.S. WILL NOT HAVE HYPERINFLATION. YES, INFLATION WILL COME AT SOME POINT FURTHER DOWN THE ROAD. AND FOR ALL THE EXAMPLES THEY USE ABOUT GERMANY AND OTHERS ARE NOT MENTIONING THAT NONE OF THOSE COUNTRYS WERE THE PREDOMINANT ECONOMYS OF THE WORLD AND NONE HAD A RESERVE CURRENCY. DIFFERENT SITUATION. 

  5. I like this video, but the paper money is a convention, not a religion. This means that everybody uses pieces of paper to trade things because this convention makes trades easier. Well I know it could be backed by gold, but we use it anyway, it’s simpler. And we use it to stack.

  6. Does India, Russia, or other Asian nations have hyper-inflation with their weak currencies?   No, they have a lower standard of living.
    Hyper-inflation is not going to happen in the US, Euro, or Japan even if their currencies decline -30 to -40%.
    The US dollar will remain the Reserve currency for years and decades to come,  sorry to break the news, but the BRIC nations are not going to take over the global trade system, not gonna happen.
    Inflation will slowly make the standard of living lower, and might go from 3-5% to 4-7% down the road, what else is new.

  7. The fiat he is holding is not “backed by air”, it’s backed by F-16′s, Predator drones, Tomahawk missiles and aircraft carriers. Just ask Iraq, Libya, Afghanistan and any other country that has been “liberated” in the name of Democracy.

  8. I think it was Walt Whitman who pointed out that we too often waste our lives ‘hacking at the branches of evil, rather than its roots’. Mr. Kim’s comment goes FAR toward that necessary redirection.

  9. Fiat money is not a “religion”. It is an act of treason committed against us. Without the mass misinformation media and the “education” system, the scum Federal Reserve could not have gotten away with it. I took economics in college and they teach that Keynesian crap that “the further in debt we go, the richer we are, because we owe it to ourselves and the more we owe ourselves, the richer we are”
    Anybody that believes that crap has been to “dumbness school” and graduated with honors. The dolts have achieved a level of ignorance that is hard to describe. They will pay when their 401k’s and IRA’s go up in smoke via hyperinflation or are nationalized.

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