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Bankers Warn: Weimar Hyperinflation Is Coming To The U.S.

Mac Slavo
February 22nd, 2021
SHTFplan.com
Comments (10)

We should all understand that inflation is coming after the economic destruction at the hands of the ruling class.  Now with the help of the central bank, the United States could very well end up looking eerily similar to the Weimar Republic soon.

One week ago, the Bank of America hinted at the unthinkable: the tsunami of monetary and fiscal stimulus, coupled with the upcoming surge in monetary velocity as the world’s economy emerges from lockdowns, would lead to unprecedented economic overheating, according to ZeroHedge.  But this was actually rather precedented considering history. BofA’s CIO Michael Hartnett reflected back on the post-WWI Germany and he said it was the “most epic, extreme analog of surging velocity and inflation following the end of war psychology, pent-up savings, lost confidence in currency & authorities” and specifically the Reichsbank’s monetization of debt, and extrapolated that this is similar to what is going on now.

There is, of course, another name for that period: Weimar Germany, and because we all know what happened in response and the result was massive genocide after Adolf Hitler came on the scene.

Of course, others have been less shy – in 1974, Jens Parsson wrote a fascinating, in-depth historical analysis of the hyperinflationary collapse of Weimar Germany under the original money printer, Rudy von Havenstein, “Dying of Money: Lessons of the Great German and American Inflations” one which we periodically remind readers is absolutely critical reading in preparation for what comes next. ZeroHedge

Who is responsible for hyperinflation? It’s always the ruling class (and the central banks, but I repeat myself).  ZeroHedge called it in a tweet from 2010:

If anyone has gone to the grocery store lately and not noticed that their bill is higher, it’s curious what delusion they are painting for themselves. Below is an easily digestible repost of Burry’s lengthy Saturday tweetstorm, which shows just how similar our world is to that prevalent in the years just before Weimar Germany saw the most explosive hyperinflation in history.

We are there now. The only question is when do we enter the exponential currency collapse phase. When we do, a universal basic income tied to your social credit score and your ability to be ruled and controlled will be instituted by the ruling class to fix the problems literally caused by the ruling class.  Wake up, people.  The time to figure this out was 6 months ago.

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    Author: Mac Slavo
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    Date: February 22nd, 2021
    Website: www.SHTFplan.com

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    10 Comments...

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    1. Genius says:

      Andrea.Iravani. will be here to write a book in the comments in 1… 2….3…

    2. Darth Skippy says:

      I spent many of my formative years with a relative, who witnessed WW2 Germany in person, who emigrated to America and called it a welfare state 60yrs ago, and who was forever being told, relax, relax, this is not WW2.

      As well as having no realistic chances of owning the basic means of subsistence, in freehold, no one has expected this country to pay off it’s debt, in recent generations.

      It would probably be wisest to repudiate, first, audit second.

      • Bill says:

        Exactly DS – Debt is only reconciled a few ways, probably 3:
        1) It can be as you say repudiated in whole or in part – for starters, it would instantly destroy the credit rating of the US gov’t, interest rates would skyrocket, bond market would definitely collapse, entitlement programs would immediately cease to exist, debt holders like pension plans would be totally wiped out, and borrowing money would be impossible at any interest rate, and create mighty pissed off major bond buyers like China and Japan.
        2) We can try to inflate our way out – but the more determined we are to rid debt by inflation the faster money loses it value, it would quickly result in runaway hyper inflation, think Weimar Republic, this too would destroy bond markets for years (this covid “pandemic” has collectively cost the US trillions of dollars with nothing to show for it except massive new new debt, it will be inflated away, stand by for double-digit inflation).
        3) Cut almost entirely all gov’t spending at every level of gov’t, go into a hardcore national austerity for several years (about 20 years) until it’s paid – it will destroy our standard of living and quality of life, there would be total confiscation of all privately held wealth, the national infrastructure which is already bad would be devastated, likely strict long-term martial law in place, after debt was finally paid it would take decades for the majority of citizens to escape poverty.
        I personally believe it will be business as usual until a monetary and budgetary crisis occurs, then SHTF. The “elites” already know it’s coming, the people will be the last to know.
        Regardless of which route taken, all three would cause similar results – a long-term collapse of the economy, massive social upheaval, a messy decentralization of power and probable secession of several states, and likely widespread loss of utilities (water, phone, sewage, cable, trash collection, natural gas, elec. power, etc.). When the fed. gov’t finally admits bankruptcy many states, counties, and cities will follow.
        Probably the best way to handle it would be a slow burn, controlled repudiation, if that’s even possible. But the fact of the matter is we are already in a debt death spiral where the only options are severe pain. The truth is we do not possess the means or will to pay off the debt, even a little part of it.

        • Darth Skippy says:

          Swiss banking countries attract lots of wealth and have functional infrastructure, that puts ours to shame, using only nominal taxation and small govt.

          But, we appear to be using post-Weimar methods.

    3. Andrea.Iravani. says:

      Notice to the MEDUSA ( mob excess deterent using silent audio developed by Waveband corp.) users and hackers in the surveillance state:

      Get out of my life you sick, mentally incompetent wastes of electricity! I, my life, family, and property are none of your business, you sick, insignificant, irrelevant, worthless, fucking losers! You are not entitled to be in my life in any volume, vibe, or frequency! You just are not good enough to be a part of my life and you never will be! 

      The facts that you are using MEDUSA technology on me,  hacking my me, my comments, and preventing me from listening to the radio and podcasts by hacking is proof that your boss knows what worthless fucking retards you are that the world would definitely be better off without! Maybe it will be my lucky day that he finally turns you in and arrests, prosecutes, and imprisons you for being such a sick, evil, serial criminal psychopaths! 

      If it isn’t my lucky day today, maybe it will be tomorrow! Stranger things have happened, like you using vault7 and MEDUSA technology on me, and surveilling me round the clock, for examples! 

      Counter-intelligence by definition means stupid! Someone finally had to tell you point blank! You are not part of the intelligence community! You are not qualified, because you are retarded, obviously! 
      Intelligent people just would not ever even consider doing those types of things! 

      Andrea Iravani

    4. cranerigger says:

      In 1929 the price of one ounce of Gold was $20.67. So in todays market (2021) one ounce of Gold costs in excess of $1,750.00.

      This provides an obvious comparison that suggests the VALUE of the dollar is less, you can buy less with a single dollar today compared to 1929. Many factors cause the problem but printing currency is the worst culprit. Weimar hyperinflation does NOT end well.

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