Austrian economics tells us the only cure for a credit induced runaway inflation of this magnitude is a crushing crash cure of credit deflation.
By Delwyn Lounsbury - THE DEFLATION GURU..
We most likely have had our runaway inflation. The United States dollar has declined in worth to maybe only two cents since 1913 when the Anglo American financial power elite secretly helped form the Federal Reserve Bank. Read the book "The Creature from Jekyll Island - A Second Look at the Federal Reserve" 1994, by G. Edward Griffin, if you don't believe me.
Most agree the excess money printing by the elite owned Federal Reserve back then caused the Great Depression of the 1930s. They wanted an economic crash so they could buy the best assets back at ten cents on the dollar and foreclose on as much real estate as possible. This 1,100 family trans-generational elite criminal cabal will do the same thing in this economic cycle. Then they will start a whole new runaway inflation if we let them.
The elite's MO is to fraudulently create monopoly money out-of-thin-air and then when the boom goes bust (as they all do) get mega rich in the process. Of course, they solidify foreign criminal control in a decadent cancerous form of royalty as the forces of darkness and tyranny weaken our will. Welcome to the dark-side of runaway inflation “ the coming world economic deflationary crash. Again!
The Federal Reserve Bank is not federal nor a bank. One cannot go in and open an account. No one really knows who owns it since its private shares are held in multiple layers of trusts and are not traded on any exchange. 100 years of history point to the elite's use of the FED to water down America's money so as to dampen our and the rest of the worlds resolve to a quickly emerging totalitarian fascist one-world government.
All the while, the elite fostered dominate themes dumb down the education and therefore the intellect of citizens, corrupt morals, dampen the free-market spirit and push a mercantilist crony capitalist "Big Brother" authoritarian state on the citizens. Eisenhower was right when he said "Beware of the Military-Industrial Complex. The elite technocrats may in fact own the big defense contractor corporations in addition to the mainstream press. Why do you think the world is always at war and sly smokescreen subterfuge is constantly in the news? Freedom is lost to secretive central banking elitists!
In the future you can expect a totalitarian oligarchy ruling a world in which you are told what to do, where to live, where to work, what to eat and what to think cradle to grave. Look up UN sponsored œAgenda 21 in which over 700 American cities and counties (thoroughly duped) have signed up for Marxist control under the collectivist propaganda of œsustainability.
This current cycle started in 1933 and culminated in quantitative easing (QE1, QE2 and now QE3) to bail out the banks for the benefit of the central banking elite who apparently want to run the world behind the scenes all-the-while steering us toward fascist global governance. Do you want to be controlled by the United Nations? No! Then wake up!
These central bank owning and/or controlling elite, who also own the mainstream media, use smokescreens plots like war, runaway inflation, deflationary economic calamity, pandemic disease scares, Islamic/Muslim strife, global warming and the false idol of big regulatory democracy government is always better. People, the elite are using œdirected history to scare the world's middle classes into specially prepared one-worldism solutions, institutions and facilities like the UN, NATO, the World Bank, the World Trade Organization, the International Monetary Fund, the Bank for International Settlements and the International Criminal Court etc.
The nefarious elite's mantra is “ Out of chaos comes order “ A New World Order “ with you as their slave, serf or pawn.
YET NONE DARE CALL IT TYRANNY? Most politicians worldwide and both political parties in the US are in on the treasonous world government is inevitable scheme. These bureaucrats are duped and you have been politically punked!
Austrian economics tells us the only cure for a credit induced runaway inflation of this magnitude is a crushing crash cure of credit deflation - a snow-balling vicious cycle of the "multiplier effect" in economics (in reverse). By the governments own figures the unemployment rate is 14.7 percent (not 7.8 percent) when one considers those who have given up looking for work or taken a part time job in over a one year time period. That figure may be close to 25 percent if we count all who have been so affected. These people cannot buy as many goods and services. Companies seeing sales numbers deflate lay off more and more workers each subsequent year. The economy snowballs downhill gathering force in a vicious cycle until there is a deflationary crash bottom.
Robert Prechter, head of the world's largest independent financial advisory service, says our societies 80 year Kondratiev long wave cycle peak was the year 2000 dot com stock mania climax and bust. His latest newsletter, of which you can get a FREE Club EWI subscription on this site, goes on to say that in the first quarter of 2013 we are seeing a top in wave B up in a bear market (fool's) rally with all hell to break out in wave C down in the next two and a half plus years.
We all saw how fast real estate prices could deflate and wealth just disappear since 2006. Robert Prechter's latest newsletter calls for the DOW stock average to fall 10,000 points, real estate to drop 90 percent from peak and unemployment to approach 50 percent in the deflation of the GREATER DEPRESSION.
Get cash, store food get out of debt and join the internet reformation revolution. Buy gold and gold mine stocks at much lower price levels in case governments fire-up another runaway inflation after 2017. Lobby for private gold-backed money. Don't trust any global government sponsored money even if they say it is backed by gold.
Copyright 2013 by Delwyn Lounsbury - THE DEFLATION GURU
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