The Top 3 Reasons The US Has Entered The Inflation Death Spiral

The International Man ^ | 03/01/2023 | Nick Giambruno

[Reddy]

Bfl

[ProtectOurFreedom]

You'll know the Great Reset (i.e., a "new" currency is inevitable) when you see these Weimar Days in the USA. My great grandparents and their kids lived through it. My Opa said "enough is enough" and bailed out of Germany with his young family in 1927 when he was 32 years old, four years after the hyperinflation. My dad, then 3, and family landed at Ellis Island.

South Africa is on the verge of collapse just like Venezuela was. We are close to playing out what SA is going through right now.

The massive wealth transfer to Ukraine while starving our citizens is going to hasten it.

[Obadiah]

Great article although I wish the author would have speculated on how the Fed will flip the board. CBDC? Just let the printing presses rip? WWIII?

[Leaning Right]

Very interesting, and very depressing, article. It makes sense.

I just hope that some Freeper comes along to explain why this guy is wrong.
Anyone? Bueller?

[SaveFerris]

Price of a loaf 🍞 of bread in your picture

BidenDepression 2023

Bidenflation

[ChildOfThe60s]

I am truly surprised the implosion hasn’t happened already.

It is frightening. The US is not Venezuela. When it happens here it is probably going to take the whole world’s economy with it.

It will not be peaceful. Society now is very different than when the Great Depression happened. It is heartbreaking to see a country as blessed as the US voluntarily...and eagerly...destroy itself.

[SaveFerris]

(Bueller?)

I’m here!!!

(In other words, the US has already crossed the Rubicon. There’s no going back)

There will be no rescue from the coming financial collapse. Another reason I think there will be a world 🌎🌍 currency - certainly digital currency and the Mark of the Beast.

Lots of nations are in trouble.

So, why not damage the supply chain, cripple the food supply and go to war?

Oh, they are...

✝️🙏🛐

[DesertRhino]

War with Russia, sanctions against China, claim that the war has devastated the world economy, necessitating a reset with the digital dollar... bail ins, etc.

[ProtectOurFreedom]

A full loaf at breakfast, yes, but only a half loaf after you got out of work.

[DesertRhino]

And wonder what the best way to be ready for it is? No debt, buy property? Gold? Silver? Or buy stocks at the crash?
I wonder how smart people position themselves. I wouldn’t know!

[MeneMeneTekelUpharsin]

For many decades, Argentina has infamously been trapped in a perpetual cycle of hyperinflation and socialism from which it cannot escape. And now, the US has entered that same inescapable cycle.

I have repeatedly told people we are following Argentina down the path of fiscal destruction. No one listens.

[Leaning Right]

Part of the problem is the media (obviously). It’s their job to keep politicians in check, and to sound warning bells when necessary.

But as we all know, those guys are now just Democrat lapdogs. So a good half of the country has no idea about what’s going on. You can’t fight a threat if you don’t know there is a threat.

[SaveFerris]

(Gold? Silver?)

During the Great Tribulaton - the last half of the 7 years of ‘Peace and Security’:

Ezekiel 7:19
New King James Version

19 ‘They will throw their silver into the streets,
And their gold will be like refuse;
Their silver and their gold will not be able to deliver them
In the day of the wrath of the Lord;
They will not satisfy their souls,
Nor fill their stomachs,
Because it became their stumbling block of iniquity.

https://www.biblegateway.com/passage/?search=Ezekiel%207%3A19&version=NKJV

[In_Iowa_not_from]

They usually log on when it’s around 2am central time.

[SaveFerris]

Ain’t Communism grand?

[GaryCrow]

The only reason it hasn’t collapsed already is because the dollar is the world’s reserve currency, everybody else on the planet has a vested interest in it not collapsing. China holds so much of our debt that they’d go broke with us.

[citizen]

So much of thhe world either runs on dollars or stores wealth in them, I suspect the PTB can keep the balls in the air for the rest of my life, hopefully another 15-20 years. Or perhaps much shorter.

But, coupling the coming financial meltdown, however it happens, with the also enevitiable return of the world climate to Maunder Little Ice Age conditions - on other words, colder times of freezing and famine - billions are in for rough, even deadly, times over the next few decades.

[miserare]

Very enlightening.

This is really happening.

[miserare]

War has been the traditional method to get us out of depression.