James Rickards-Huge Inflation Coming With Coming Economic Meltdown

[Y_Participant 4591]

So, do we get inflation or deflation in the upcoming economic crash?
Rickards predicts a complete lock down of the global financial system for “at least weeks and possibly months.” Rickards contends, “Definitely weeks and perhaps months, and it could turn into Mad Max. It could turn into what I call money riots with people burning down banks, but the elites are ready for that also. . . . What they have done because you can’t turn the military into police, they turned the police into military. As the money situation gets worse, states and elites will not go down without a fight.”

[Jan SobieskiParticipant 28791]

Of course. The printing presses have been running for years yet inflation is only 3%. BS

Love is just alimony waiting to happen. Visit mgtow.com.

[Faust For ScienceParticipant 22521]

Y_ wrote:

o, do we get inflation or deflation in the upcoming economic crash?
Rickards predicts a complete lock down of the global financial system for “at least weeks and possibly months.” Rickards contends, “Definitely weeks and perhaps months, and it could turn into Mad Max. It could turn into what I call money riots with people burning down banks, but the elites are ready for that also. . . . What they have done because you can’t turn the military into police, they turned the police into military. As the money situation gets worse, states and elites will not go down without a fight.”

In such a situation, the most important question to have answer is: Which way the guns are going to be pointed? And at whom?

If the U.S. has martial law, do not fire on the soldiers just standing in place. (If they start rounding up people for death camps that is another matter.) Instead, if you have the opportunity, talk to them. Be nice to them. That will humanize you towards them.

[RoyDalParticipant]

Many of us have noticed that bank accounts are paying what amounts to zero interest.

There is a reason for this.

It is not intended to be in our best interest, unless by accident. It is for the big dogs only, and us little people can just grin and pretend to be happy.

I do hope that I have figured out what they are up to and planned accordingly.

the

Society asks MGTOWs: Why are you not making more tax-slaves?

[Anonymous 42]

Inflation? No no, sorry, not this time, SHORTAGES AND INFLATION!

That’s right cupcake, keep a stiff upper lip there sunshine, you have empty shelves coming this time! No tampons and toilet paper for you! We’ll be buying Chinese bicycles for our primary transportation! America is gonna lose the overweight problem within the next few years, TOPS!

Our industrial base has been decimated, our foreign debt is staggering, we’ll be purchased out of our own food stocks when the foreign debt collectors buy up the remaining scraps on a devalued dollar. The only thing you’ll be able to buy is whatever the black market has to offer, most of the metaphoric fruit trees will die by poisons of over taxation.

Say hello to subcultures of extreme poverty like tent city and eventually shanty city. Third world Marxism by oligarchy always lowers the standard of living for the masses while they stay in power for life as the directors and distributors of who gets what according to their loyalty to the party. Most cases the corruption gets so severe that political executions or prison awaits any dissident expressing opposition to party policy.

Everyone keeps looking to the past to predict what’s coming, but fail to take into consideration there’s a perfect storm brewing of the likes history has never seen before and it’s gonna be god damned ugly!

Please pass the popcorn.

[ILiveAgainParticipant]

What these fks will do is anybodys guess.

What lies, manipulations, blame and wriggling they do ….. who knows.

The only thing we can do is get ready for any and all s~~~ they dump.

Get debt free. Own your home. Have stored back up.

If in the US …. guns and ammo.

Nobody will gave your back NOBODY.

This will be a time for men.

NOBODY HAS YOUR BACK.

[BeerParticipant 11832]

Jan Sobieski wrote:

Of course. The printing presses have been running for years yet inflation is only 3%. BS

I’ve always figured expansion of the money supply was needed to some extent as long as the population is growing, otherwise we’d be in a constant deflation cycle, which isn’t good either. Basically if the money supply expanded 10% over a decade and the population expanded 10% as well…even though you’d have more dollars in existence, you’d still have the same amount of dollars per person as when you started, but what the Obama administration has championed is just disgusting.

Our money supply is 4x what it was since he took office, yet our population has only increased about 6-7%…and we have 3% inflation? lol. Its going to catch up to us sooner or later, just make sure when it happens you have your money sitting in assets that will appreciate accordingly…its not going to hurt as bad if you are sitting on stocks or rental property as it will if you are sitting on cash or low yield cash investments like cds.

ILiveAgain wrote:

Get debt free.

Everyone should try to follow this advice. At a minimum, good times or bad, it gives you more options in life to not have monthly debt payments hanging over your head.

[PistolPeteParticipant 27143]

Anonymous wrote:

That’s right cupcake, keep a stiff upper lip there sunshine, you have empty shelves coming this time! No tampons and toilet paper for you! We’ll be buying Chinese bicycles for our primary transportation! America is gonna lose the overweight problem within the next few years, TOPS!

Our industrial base has been decimated, our foreign debt is staggering, we’ll be purchased out of our own food stocks when the foreign debt collectors buy up the remaining scraps on a devalued dollar. The only thing you’ll be able to buy is whatever the black market has to offer, most of the metaphoric fruit trees will die by poisons of over taxation.

Say hello to subcultures of extreme poverty like tent city and eventually shanty city. Third world Marxism by oligarchy always lowers the standard of living for the masses while they stay in power for life as the directors and distributors of who gets what according to their loyalty to the party. Most cases the corruption gets so severe that political executions or prison awaits any dissident expressing opposition to party policy.

Everyone keeps looking to the past to predict what’s coming, but fail to take into consideration there’s a perfect storm brewing of the likes history has never seen before and it’s gonna be god damned ugly!

Please pass the popcorn.

Couldn’t have said it better. The collapse is coming. And I think its planned. I know I spend a lot of time and effort preparing. Still need a good solar power source though.

[Author]

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