Everybody accepts the fact that the US dollar has already hyperinflated, only, it’s confined to the financial sector. That is, until now…
The truth hurts, and the sad fact is that most people will be in denial the whole way through this historically always-chosen, self-fulfilling destiny, paralyzed, shocked, and incapable of taking action as their wealth vaporizes in front of their very eyes.
I mean, if the US dollar has not already hyperinflated, then why does a $20.00 gold coin from the time our money was Constitutional cost $2000.00 today?
The dollar does not have to go to absolute zero to be totally worthless, for we are talking about a Game of Confidence, and after all, there are infinite numbers between one and zero, so it’s really only a matter of the dollar losing value down to the point where the people say, “screw it”, but in a weird way, in one sense, the US dollar has already gone beyond absolute zero:
It’s like a negative forty-something crude oil price, but it’s the dollar!
Which is probably why they hate gold breaking through $2000, and which is also probably why the push for a brand new, digital eDollar is about to turn into a full court press.
But I digress.
Everybody admits to the inflation, but they really mean the hyperinflation, even though they don’t call it that.
Indeed, the Fed apologists, the Fed armchair quarterbacks, the Fed enablers and the Fed sympathizers will tell you that “yes, there is inflation, only, it’s in the financial system!”.
And that statement is true, but it is misleading, because what these Fed Fanboys and what these Fed Fangirls and what these Fed Snowflakes really mean to say is, “there is US dollar hyperinflation in the financial system!”.
If you don’t understand how the US dollar has already hyperinflated, imagine working hard all of your life and saving $1,000,000 for your retirement, and keeping those dollars in some bank account or credit union account, such as USAA (chosen for no particular reason), and then imagine earning a whopping $500 of interest, per year, on that fat savings account:
Who could live off of $500 per year?
Spoiler alert: If anybody can, right now, they won’t be able to for much longer.
Or perhaps you even went with the “performance” account to really turbo charge those savings, and you earn a whopping $4000 of interest, per year, off of the cool million bucks?
Who could live off of $4000 per year?
Spoiler alert: If anybody can, right now, they won’t be able to for much longer.
Now, if you think you need $40,000 per year to simply live a super modest lifestyle in retirement, to be able to earn that kind of money off of savings, with a 0.4% interest rate, guess how much you’d need to save for retirement?
Well, according to Google, because everybody knows ‘Ol Half Dollar ain’t no dang mathematician, the amount needed to earn $40,000 off of an interest rate of 0.4% would be $10,000,000!
And if you want to see some absolutely absurd examples of hyperinflation, check out this series of articles called “hyperinflation watch“.
Here’s my overall point: I think the real world hyperinflation and the “crack-up boom”, that is, the mad scramble to get rid of dollars as fast as they come in while buying anything and everything not nailed down, have begun.
In fact, two things have just happened that shout the hyperinflation and crack-up boom have begun on Main Street.
That’s old news.
I’m talking about today’s news.
A duo of economic reports were released today – September Retail Sales (Census Bureau) and September Industrial Production (Fed) – and when taken on their own, the reports are alarming, but when taken together, as a whole, well, there’s really no other way to describe it other than what looks like some pretty darn good evidence the hyperinflation and crack-up boom have begun.
For the headlines, here’s everybody’s favorite wannabe alternative media website’s coverage of the two economic releases:
That’s what we call “doubleplusungood”.
Retail sales are up, big time, and anybody who has gone shopping for actual things realizes this, along with realizing the half empty shelves in the stores, but industrial production, as in, “making stuff to buy”, is down!
Said differently, we have the Fed and the Federal Government stimulating the markets and the economy with trillions and trillions in funny money, which means we have more money chasing around a shrinking pool of goods, and this dynamic is now even beginning to show up in the Fed and the US Government’s own
And notice the key phrases coming out of the mainstream media:
- Sales “Surge By The Most In History”
- Production “Unexpectedly Tumbled”
I wrote an article a while back about what to do before the hyperinflation:
Because it’s not what one does during the hyperinflation that matters the most, and it’s not what one does after the hyperinflation that matters the most, but rather, it’s what one does before the hyperinflation that matters the most.
The signs are all around us.
Are they not?
They’re not going to let the price of silver rise above twenty five bucks, for now:
Good luck trying to find any at that price, however.
Pro Tip: If you can get real silver, in-hand, for under $25 an ounce, don’t look that gift horse in the mouth!
They almost succeeded in walking gold back under $1900:
Of course, that’s assuming I know the cartel’s plan, which I don’t, but since I’m speculating here, if the cartel’s plan was to get the 50-day moving average pointing down, they’ve succeeded!
For now, the gold-to-silver ratio is stuck in the upper 70s:
I don’t think the ratio stays in the upper 70s for long, but then again, I’m also expecting another round of free money from Uncle Sam to Joe Deplorable relatively soon.
Pop quiz: Platinum is down ___________, year-to-date:
I’m not grading the quiz right away, and besides, you can check your own work, so there’s no reason for anybody to fail!
If palladium holds here, we’ll put in another higher-low:
OK, “Hey Half Dollar, I thought you said the charts don’t matter?”.
Here’s more evidence The Era of Hyperinflation has begun:
That is to say, we’re in the middle of a global economic collapse, and copper’s refusing to crash!
Crude oil could crash again, however:
Why would the Deep State Globalists not want crude oil to crash?
I mean, evil is evil and corruption is corruption, for they make money to the upside and to the downside, and they make money by both building up companies and destroying them.
People think stocks will be a hedge against hyperinflation:
What happens when the government changes the rules of the game?
Election anxiety is spiking and new scandals are breaking out to the left and to the right, yet market participants have not a fear in the world:
Sure, you can get a better rate loaning your million bucks to the US government:
But is the whopping 0.74% interest rate on a 10-year loan to the US government worth it when the dollar as we know it might not even exist next year?
Some people are expecting a relief rally in the dollar index:
There may indeed be a rally in the US dollar, however, there won’t be any relief.
Bottom line as we find ourselves here this beautiful Friday in mid-October?
The signs are everywhere, but people are choosing to ignore them.
They say, “you’re trying to spread fear you doom-n-gloomer!”.
Otherwise smart people can’t wrap their heads around it.
But being just a little bit too late in your timing is fatal.
Being just a little too late will be financial wipeout.
In fact, for most people, it will mean just that.
It’ll be economic misery & financial ruin.
That’s the thing about hyperinflation.
It’s more than just panic buying.
I’m talking about life savings.
Who wants to lose that?
You don’t want to be.
One second late.
It’s too late?
– Half Dollar
About the Author
U.S. Army Iraq War Combat Veteran Paul “Half Dollar” Eberhart has an AS in Information Systems and Security from Western Technical College and a BA in Spanish from The University of North Carolina at Chapel Hill. Paul dived into gold & silver in 2009 as a natural progression from the prepper community. He is self-studied in the field of economics, a former amateur trader, and a Silver Bug at heart.