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Hyperinflation To Start in 2015: Economist Says Get Supplies : “Gold, Silver, Canned Goods...
SHTF Plan ^ | 2-9-2015 | Mac Slavo - John Williams

Posted on 02/19/2015 6:50:53 PM PST by blam

Mac Slavo
February 19th, 2015

It’s impossible to predict when and how our economy will finally reach a breaking point, but according to contrarian Shadow Stats economist John Williams it’s coming one way or the other.

The only thing we can do now is to prepare for it and that means stockpiling critical supplies, just like you might for an earthquake or snowstorm, but in larger quantities.

Because, if and when hyperinflation starts people will quickly realize that their dollars are worthless. And as we have seen time and again, and most recently in Russia, when a currency rapidly loses its value the public will have no option but to panic buy everything that isn’t nailed down in an effort to unload their diminishing purchasing power before their currency is completely worthless.

This means, as John Williams notes in the following interview with Greg Hunter’s USA Watchdog, that food and other essential supplies will disappear within a matter of hours.

(snip)

(Excerpt) Read more at shtfplan.com ...


TOPICS: News/Current Events
KEYWORDS: deflation; economyjohnwilliams; inflation
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To: blam

I’ve been hearing that for the last 45 years, from various writers. I keep wondering when it’s going to happen ...


41 posted on 02/20/2015 12:57:40 AM PST by Star Traveler (Remember to keep the Messiah of Israel in the One-World Government that we look forward to coming)
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To: SteveH

Many stock pricing model are based on discounting. Inflation should cause interest rates to rise and at higher interest rates stocks would appear to be over priced.


42 posted on 02/20/2015 1:13:24 AM PST by monocle
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To: expat2
...intense pressure from the political appointees to adjust the numbers...

Interesting; at the same time this proves other things--

The BLS is fairly transparent with their methodology so it's not that hard to find out what the story really is.  Very different from say, the BEA or worse the Census Br. where they got freer reign to fudge.

43 posted on 02/20/2015 2:34:55 AM PST by expat_panama
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To: Toddsterpatriot
gotta be a moron to buy this guy's newsletter.

--especially right after yesterday's PPI in negative land.  There are Marxists that remain faithful even when shown how none  none of Marx's predictions came true.  They say it only proves how very far Marx was able to see into the future.

44 posted on 02/20/2015 2:42:46 AM PST by expat_panama
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To: hinckley buzzard
..."financial porn." I think it was an apt characterization, as it seems to be addicting to some poor souls, delivering a cheap thrill, even as it distorts reality...

Good model.  Users self-destruct while increasing efforts to ignore or twist reason for their ever stronger emotional attachment to a cherished meme.

45 posted on 02/20/2015 2:49:53 AM PST by expat_panama
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To: carriage_hill

Assuming major debts are paid off and all preps are in place?
In theory, split between income producing real estate and good growth mutual funds.


46 posted on 02/20/2015 3:07:29 AM PST by tbw2
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To: bk1000

I suspect that when the Akerican who grows your food is faced with higher rices for that iPad he wants, that he’s going to raise his own prices as he can.


47 posted on 02/20/2015 3:35:04 AM PST by The Duke
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To: Star Traveler

Does anyone else remember Howard Ruff?


48 posted on 02/20/2015 3:52:39 AM PST by FreedomPoster (Islam delenda est)
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To: Kartographer
It’s impossible to predict when and how our economy will finally reach a breaking point

It’s impossible to predict when and how our economy will finally reach a breaking point

It’s impossible to predict when and how our economy will finally reach a breaking point

It’s impossible to predict when and how our economy will finally reach a breaking point

49 posted on 02/20/2015 4:17:22 AM PST by Old Sarge (Its the Sixties all over again, but with crappy music...)
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To: blam

There you stand, all spic and span.


50 posted on 02/20/2015 4:46:01 AM PST by The_Media_never_lie (The media must be defeated any way it can be done.)
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To: Graybeard58

I have friends who are mixed race. They are not mongrels. Although I agree with your premise, please do not use that term.


51 posted on 02/20/2015 4:47:32 AM PST by The_Media_never_lie (The media must be defeated any way it can be done.)
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To: The_Media_never_lie
I too have friends of mixed race and a sister-in-law of mixed race, they are not "mongrels". Obama is a mongrel.

mongrel

[ ˈmäNGgrəl, ˈməNG- ]

NOUN

a dog of no definable type or breed:

Would you prefer that I use, "Obama is a cur"?

52 posted on 02/20/2015 5:31:09 AM PST by Graybeard58 ( For I determined not to know any thing among you, save Jesus Christ, and him crucified.)
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To: SteveH

Some would say it already has


53 posted on 02/20/2015 5:44:47 AM PST by NeoCaveman (DC, it's Versailles on the Potomac but without the food and culture)
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To: al baby

===> Anyone want to hear my gasoline storage story ? <===

Yep.


54 posted on 02/20/2015 5:59:17 AM PST by Iron Munro (Mark Steyn: "fundamentally transformed" is a euphemism for "wrecked beyond repair.")
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To: blam

Our grandkids and their kids will sit around their huts and caves at the weekly cooking fire talking about Grandpa’s “Good Old Days” when hot dogs and bacon were only $5 to $6 a pound, a pair of Levi’s was only $50 and a pretty nice car was less than $50,000 dollars.

Of course, by then they won’t even know what a hot dog, a car or a pair of Levi’s is or a dollar looks like.


55 posted on 02/20/2015 6:09:08 AM PST by Iron Munro (Mark Steyn: "fundamentally transformed" is a euphemism for "wrecked beyond repair.")
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To: NeoCaveman; SteveH
moderate inflation within the us dollar realm, would not investing in stocks/mutual funds work?

Some would say it already has

Over the past hundred years or so inflation's averaged about 3% and stock indexes have averaged ten.  Throw in dividends at 2% we end up w/ stocks returning 9% after inflation.  Not only that, I can buy groceries w/ my brokerage debit card; gold coins in the basement are a lot harder to turn into food.

fwiw, over the past hundred years gold's yearly returns have been just one percent over inflation.

56 posted on 02/20/2015 6:28:28 AM PST by expat_panama
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To: Iron Munro

But I bet they will be having rat catching contests.


57 posted on 02/20/2015 6:57:44 AM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: expat_panama

Do you have insurance?


58 posted on 02/20/2015 6:58:51 AM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Graybeard58
Rule of thumb - nothing is guaranteed, ever. However, your chances of success will improve dramatically once the mongrel is out of the white hut.

The more I know obama, the less the phrase "President Biden" bothers me.

59 posted on 02/20/2015 7:06:21 AM PST by null and void (People who deny history are trying to recreate it.)
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To: Mark17
I just plan to retreat to my inlaw”s little farm up in the mountains.

You and all their other kith and kin.

60 posted on 02/20/2015 7:08:46 AM PST by null and void (People who deny history are trying to recreate it.)
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