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“Central Bank Warfare Model Wearing Thin”: Nations Desperate for Way Out of Crunch

Mac Slavo
July 20th, 2015
SHTFplan.com
Comments (69)

real-economy

A financial expert has warned that allowing predatory economics to continue misleading the world can only result in three things: war, depopulation… or, maybe, change.

That is, if countries like Greece or Puerto Rico can ever find a way out. As things stand, the wolves are circling for another round of flesh.

That change is not some vague notion voiced in political rhetoric, but the need to create an economy that actually produces real wealth — the only way to get people out of the pit of hell in the long term.

Catherine Austin Fitts, a whistleblower and former Wall Street executive, told Greg Hunter at USA Watchdog:

Investment banker Catherine Austin Fitts says the world is getting tired of what she calls “disaster capitalism.” What does she mean? Look no further than Greece as Fitts explains, “Greece essentially looks to me like disaster capitalism. You are trying to get another positive return by liquidation, but the reality is if you liquidated the global economy, you are not going to get a positive return. The game can go on for a while. The reason I said Greece and Puerto Rico rang the bell is you can see this game is getting very old. The IMF (International Monetary Fund) . . . is saying this is not sustainable. This debt is not sustainable. This is why this is important. When we loan money to somebody and it is predatory, we reduce the ability of paying back the debt. So it’s a lose/lose situation. If you skim off the top as a predator, you get a kick, but the reality is the longer you play that game, you cannot get a return on the money you have stolen. What I am saying is it is a spiral down, and it’s not going to work. . . . The IMF is saying we can get more debt paid back with a sustainable plan than we can get with an unsustainable plan.”

Fitts says what you are really seeing is change of attitude from around the planet on how to grow the economy. Fitts explains, “What is beginning to happen is the feedback loop is coming back around, and it’s coming in from the BRIC nations. It’s coming in from the Greek people, and what they are saying is we need an economy that produces wealth if we’re going to get anything done. Whether it’s getting kids working again or get debt paid back, there is a rational voice that is coming back through, and it’s a human voice that is saying inhuman plans can only depopulate or bring war.”

Fitts goes on to say, “The central banking warfare model is wearing thin. There are three things you can do: You can have war, you can have depopulation or you can have change. The voice you are hearing coming back from the BRICS, the voice you are hearing coming back from the Greek people is let’s try change. The IMF is saying . . . you know they have a point. Puerto Rico and Greece have rung that bell that says we have to create value in the real economy. You can’t eat it if you don’t grow it, and we can’t grow it if we are all engaged in disaster capitalism.”

Obviously the game of predatory finance has already left few seats and a tight squeeze in the game of musical chairs.

Fitts says the game of printing more and more money, handed over to finance and used to inflate assets, create bubbles and keep within close elite circles is one of the biggest problems. The money must be allowed to reach real people, fund infrastructure and give people an opportunity to work for themselves again.

Until or unless central banks change their policies to spur this positive economic behavior, they are basically funding war, depopulation and death and destruction.

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Author: Mac Slavo
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Date: July 20th, 2015
Website: www.SHTFplan.com

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69 Comments...

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  1. Maximus says:

    A financial expert has warned that allowing predatory economics to continue misleading the world can only result in three things: war, depopulation… or, maybe, change.

    Well, my vote is for war, depopulation, then possible change in that order.

    Max

    • Muddy says:

      Nah, people here in the US voted not once, but twice for “change” and look what it has gotten us, nothing. I’ll skip the change rhetoric.

      • Anonymous says:

        The U.S. (and IMF) has not suddenly had a soft side– it is not like they are suddenly waking up. According to Paul Craig Roberts (Secretary Treasury under Reagan), the U.S. needs the EU to remain in tact in order for the elites to accomplish their goals. Basically, if the EU comes apart so does NATO and the US financial system. Instead of the usual program (consuming a countries’ resources as a consequence of them not paying their debt), the IMF had to acquiesce somewhat to Greece’s demands in order to keep them in the EU and to keep the EU from falling apart.

    • WhoWuddaThunkIt says:

      I choose 4th choice. Eliminate the predator blood sucking banker parasites from the planet eart for eternity, They are creating the pain world wide, that needs to be flushed. Take a cue from Iceland.

      • sixpack says:

        “Until or unless central banks change their policies to spur this positive economic behavior, they are basically funding war, depopulation and death and destruction.”

        They will be dragged from their bed chambers in the middle of the night, right under the noses of the palace guards. There will be an abrupt end to their lineage at some point.

        How many times in history have we seen “Royal Tyrants” overthrown inside the walls of their own house? Julius Caesar comes to mind.

        NO TYRANT can forever avoid the wrath of The People.

        People will only suffer oppression for so long.

        The world WILL wake up and fight back—and there will be NO PLACE FOR THE ELITES TO HIDE, No fortress so impenetrable that the long arm of The People cannot reach them.

        It’s coming…and they know it.

  2. John Q. Public says:

    @ Mike in VA

    I found it perplexing that you defined yourself as both “free thinking” and a Christian. Here is Wikipedia’s [ugh] definition:

    “Freethought (also spelled free thought) is a philosophical viewpoint which holds that positions regarding truth should be formed on the basis of logic, reason, and empiricism, rather than authority, tradition, or other dogmas. The cognitive application of freethought is known as ‘freethinking’, and practitioners of freethought are known as ‘freethinkers’.”

    How do you reconcile “free thinking” rejection of authority, tradition, and dogma with Christian respect for God’s authority and Christian obedience to Scripture and Apostolic Tradition (1 Corinthians 11:2; 2 Thessalonians 2:15 & 3:6; 2 Timothy 2:2, et al.)?

    • The Old Coach says:

      Many, many free thinkers among the fathers who begot us used their reason and logic to decide that respect for God and Christian principles was/is the right way to live.

      Some of them were/are even Roman Catholics, (a dogmatic sect, I agree).

      BTW reason, and free will in particular, are, (whether you can grasp it or not), decidedly Christian concepts, the development of which led to the great Renaissance in Europe and eventually to the modern world we know today. I find it ironic that the rejection of this has become more dogmatic than the Roman Church ever was, (leaving aside the more radical followers of Loyola for the moment).

      • John Q. Public says:

        I agree that reason leads to God, however, when there is a conflict with my reason and God’s reason, I submit to His authority—except, of course, when I sin. No faithful Catholic makes claim to be a “free thinker.”

        Authority and Reason also reject Protestantism. For one example, sola scriptura is a Protestant doctrine that contradicts the Bible (1 Corinthians 11:2; 2 Thessalonians 2:15 & 3:6; 2 Timothy 2:2, et al.).

        I appreciate your input, but Mike in VA raised the question.

        As for your mention of Jesuits, the order was once filled with intellectual and spiritual giants, but declined and now is filled with fags and heretics.

        • The Old Coach says:

          Sola Scriptura is a doctrine of the Reformation that said/says that the Bible alone is the prime authority in all matters. This opposed the common practice of pre-Reformation Popes of claiming that the Popes had the authority and power to claim primacy over the Bible when they chose. (And boy, did they ever!) By definition, sola scriptura cannot contradict the Bible.

          Can’t deny that the Jesuits are a degenerate order today.

          Your post makes you sound a little Jesuitical yourself.

          • yourdaddy says:

            Coach:

            The ONLY authority that can claim the Bible is the ONLY authority is the Bible itself…

            Can you please point me to the scripture text that makes this claim please?
            Thanks,
            -Dad

          • John Q. Public says:

            What does “primacy over the Bible” mean? I cannot find such a phrase from a Pope or anyone else in any of my Catholic doctrinal references. Are you referring to 2 Peter 1:20? “Understanding this first, that no prophecy of scripture is made by private interpretation.” Or are you referring to Matthew 16:19? “And I will give to thee the keys of the kingdom of heaven. And whatsoever thou shalt bind upon earth, it shall be bound also in heaven: and whatsoever thou shalt loose upon earth, it shall be loosed also in heaven.”

            Please explain these verses:

            “Now I praise you, brethren, that in all things you are mindful of me: and keep my ordinances as I have delivered them to you.” 1 Cor 11:2.

            “Therefore, brethren, stand fast; and hold the traditions which you have learned, whether by word, or by our epistle.” 2 Thess 2:14

            “And we charge you, brethren, in the name of our Lord Jesus Christ, that you withdraw yourselves from every brother walking disorderly, and not according to the tradition which they have received of us.” 2 Thess 3:6

            “And the things which thou hast heard of me by many witnesses, the same commend to faithful men, who shall be fit to teach others also.” 2 Tim 2:2

            Sola scriptura is unreasonable and completely inconsistent with the timeline: The ONLY complete Scriptures at the time of Jesus and the Apostles were in the Septuagint. Jesus refers to the Old Testament in, for example, John 5:39. How could Jesus or the Apostles insist on believing ONLY the Old Testament? …or New Testament written sources that had not yet been put to paper? “Don’t believe anything we teach, only what is later going to be put down on paper.”

            The only rational interpretation is this: The Bible is valuable (2 Tim 3:16), but not everything (John 21:25); Apostolic Tradition, the preaching “heard,” is essential (see the verses above) not only to determine what is canonical, but also because not everything Jesus said could be put down in a book.

            • grandee says:

              John Q. Public – “Please explain these verses”

              There is no where near enough room in this article to explain the verses you sited above.

              Also, it’s very hard to explain verses that are used w/o the contest of and the verses around the verses you sited above.

              The Holy Bible ALWAYS explains itself, and needs to be looked at as a whole writing, precept upon precept (Isa 28:10 For precept must be upon precept, precept upon precept; line upon line, line upon line; here a little, and there a little.)

              • John Q. Public says:

                “Not enough room” for this?

                “The only rational interpretation is this: The Bible is valuable (2 Tim 3:16), but not everything (John 21:25); Apostolic Tradition, the preaching “heard,” is essential (see the verses above) not only to determine what is canonical, but also because not everything Jesus said could be put down in a book.”

                Numerous verses (examples above) insist on following doctrines that were preached orally and heard, not just what is written. The Bible itself says that not everything Jesus did was written down.

                Did I run out of room yet?

        • grandee says:

          Be a free thinking Barean and check the scriptures daily.

          Ac 17:10 ¶ And the brethren immediately sent away Paul and Silas by night unto Berea: who coming thither went into the synagogue of the Jews.

          Ac 17:11 These were more noble than those in Thessalonica, in that they received the word with all readiness of mind, and searched the scriptures daily, whether those things were so.

      • WhoWuddaThunkIt says:

        Yeah one thing about religion, they love to romantasize making things bigger than life. Like a magic show, take away the smoke and mirrors and the ink that its printed in, and not much there. The bible is like a Harry Potter book for adults.

    • Mike in VA says:

      John

      Sorry it took awhile for me to respond. I am currently working nights.

      I have the utmost respect for God’s authority. Not mans. As a free thinker I choose to abide by the scriptures. In the church and among people there are disagreements on certain scriptures or the interpretation of them. I read the scriptures in context and make up my own mind. I also have examined what the church or different parts of it has done in the past. I have examined the books that were chosen to be in the bible and those that were not.
      Religion is practiced by faith. Without faith then there is no religion. If that is not free thinking I don’t know what is. You can also look around at the world and that lets you know there is a God. If you for example study evolution and the big bang theory. It becomes a mathematical impossibility for life to have just evolved to the point it has from just a boom.

      I as a christian can also choose not to do what the scriptures say. I have the freedom to do that. A free thinker makes his choices by careful study and conclusion. I also don’t totally agree with the definition that you gave. People can define free thinking in many ways.

      I have a question for you. Why does the christian religion seem to upset so many? It would seem to me that most people religious or not would think that the 10 commandments are a good thing? Yet in this world today it seems that Christians are hated or at least criticized where ever they go.

      Time to hit the bed. I need a little sleep.

      • John Q. Public says:

        I understand. If it appears that I do not respond to your questions, it is not because I haven’t tried.

        Christianity is hated precisely because practicing Christians worship God, not themselves. It is the self-abnegation and the refusal to idolize liberty that people hate, egged on, of course, by the devil and his accomplices.

        I agree with your assessment of macro-evolution (one species evolving into a different species) and heliocentrism/Big Bang. I have posted about the increasing evidence for geocentrism, a cosmology much-hated by those who deny that mankind is special to God.

        “I read the scriptures in context and make up my own mind” versus 2 Peter 1:20 “Understanding this first, that no prophecy of scripture is made by private interpretation.”

        “I have examined the books that were chosen to be in the bible and those that were not.” I am saddened by people 2,000 years removed from Jesus and the Apostles’ ministries who think they are in a better position to determine what is canonical than those who walked with Jesus, the Apostles, and the Early Fathers, those who actually spoke and read the Biblical languages.

        The Protestant Deformation was less about theology than it was about debauched and indebted princes and the rising capitalists looting the land and labors of the Church.

        • Mike in VA says:

          John

          I agree with you on this one. The church whether protestant, catholic, or the church of England did some horrible things in the distant past. Proof that Satan can influence the church and men. Popes made statements that they were basically Jesus on Earth. Churches killed fellow Christians for trying to translate the bible. Evil was, is, and always will be in the church. This is because it is Satans biggest enemy. There will be evil in this world until Christ returns.
          The church as a whole has done some wonderful things to help poeple. It has helped the poor and helpless since it’s formation.
          The founding fathers came to this country to escape religous persecution from the Church of England. They brought the Geneva bible with them. Which historically could be claimed to have done more good in the world than any other.
          They established a nation that granted freedom to all. Freedom to worship or not. Freedom to do most things as you please. Except things like murder.
          Still Christianity is persucuted now. Hated in the country that allowed people the freedom. They are slowly tearing away the founding fabric and freedom of this country which was provided by Christians.
          I guess it is truly Satan at work and the war that is coming is because of the continuing battle between good and evil.

          • John Q. Public says:

            Genuine Popes are Jesus’ representatives (“vicars”) on earth with the authority and commissions Jesus Himself gave them to teach (Matthew 28:19-20), govern (Matthew 18:18), and sanctify (Matthew 28:18-19, John 20:23).

            Not even the anti-Popes claimed to be “basically Jesus on Earth.”

            It is ChurchMEN, sinful men, who did the horrible things, not the Mystical Body of Christ. This is as important a distinction as distinguishing among criticism of crimes, creeds, and “all” people of a certain religion…. ahem!

  3. BigB says:

    Tick Tock, the politicians are running out of time and ways to kick the can down the road. Then what they going to do? Attempt to take everything from we the people to keep them in the life style the think they deserve but that we do not.

    BigB

  4. Christ'sNomad says:

    As the corruption and filth of the world system becomes more exposed and obvious to see, it also becomes easier for people to understand why God tells us:

    15 Love not the world, neither the things that are in the world. If any man love the world, the love of the Father is not in him.

    16 For all that is in the world, the lust of the flesh, and the lust of the eyes, and the pride of life, is not of the Father, but is of the world.

    17 And the world passeth away, and the lust thereof: but he that doeth the will of God abideth for ever. (1 John 2:15-17)

    • sixpack says:

      Sorry, but I love my life AND I love my God. God wants us to make the best life for ourselves as we can, as long as we do it honestly and righteously. He gave us life for a reason, and giving up God’s greatest gift is not an option for me.

      Not without a fight against the evil that encroaches upon us.

    • WhoWuddaThunkIt says:

      Sig Sauer 5.56 Green Tip 3200 fps is the last Passage bible bablers will witness before they fall into their graves. Reading here 2 fools argue who big hoax is more believable. We are fighting world wars over a frigging hoax. Life is sure entertaining.

      • Mike in VA says:

        WWTI

        You are free to believe and say what you want. That was given to you as a gift from our founding fathers. They lived there life according to Gods teachings. Which enables you to have the life you have today.
        I care about people so I feel so sorry for you. You must have had a rough life to run from God like you do. Hopefully when the time comes you will see the light. Why because I love you and all.

  5. This woman says Disaster Capitalism?
    No lady, it is called Fascism. Capitalism got pushed out of the way a long time ago.

    • hammerhead says:

      Same thought i had , but do you think Greece authoritarian ?
      Fascism is usually a dictatorship , i consider Greece socialist in the fact that the government taxes and redistributes at will , and retirement at 52 , etc.

      • What you say is correct. I just look at Greece, like I see the rest of the EuroZone. One big happy Authoritarian Style of Governance in a disguise. The continuance of bailing out Greece or any other country for that matter is not fixing the problem, and I’m sure everybody here can agree to that statement.

        Europe (European Union) is 100% Socialistic, and it took only it’s first 10 years of inception to see the degrading trend that we see today. This propping up nonsense will have a day where it can not continue. Just like our US Interest Rates have been Zero, to low single digits since it feels like forever. This scam on low interest can not continue either. This Fall (this time around) very well could be what has been predicted the last few years. Confidence is low, and Interest Rates will need to rise to support the fraudulent activities of Wall Street and the like. It’s hard enough to live on a monthly basis for most people, who the hell has extra funds to purchase unnecessary Chinese Junk?

        • Braveheart says:

          FTW, you really nailed that one. Good post.

        • sixpack says:

          The elite are propping up the world, only until they get enough debt equity in it, to own it. Give people enough rope and they will hang themselves…Greece is proof of that.

        • yupyup says:

          I just want to comment on zero rates. Supply and demand. Unlimited well of demand (money to buy bonds). Why not? It costs nothing to print the money/credit. Most people do not understand how rates can stay at zero. You, me, and nobody else on this list wants to buy zero rate investments. Who does? who does!

          She’s 100% on the money. There is a war – no, even an enslavement – under way. The only way I think we can remain autonomous is to become economically autonomous. Maybe even trade in barter/script instead of printed credit and plastic coins (or whatever they are making them out of now).

      • Northern Reb says:

        Hammer:
        You nailed it!!!!!.

    • WhoWuddaThunkIt says:

      Spot on FTW. Its like when a Military recruitment center gets attacked and they claim they are attacking America.. trying to link victrims for more aupport. How about your gang of thugs stop illegally invading 3 world countries and killing tjeir people to steal their resources. Biggest Corrupt Gang in the World is the US Military. Look up “Gangs in the Military.”

    • It is quite sad to see such a “Stockholm Syndrome,” the victims of capitalism making excuses for capitalism.

      From the slaves of the Roman latifundia to rioting 21st century Greeks, capitalism has been and always will be a PREDATORY system. Just like Communism, usury/debt-based Capitalism concentrates power in fewer and fewer hands. Both systems destroy the liberty that so many here idolize.

      Consider “the third way,” the widespread ownership of property and power.

  6. hammerhead says:

    “Fitts explains, “Greece essentially looks to me like disaster capitalism.”

    HUH ? WTH ?
    Looks just like socialism has failed yet again , to me.

    • sixpack says:

      Is not “socialism” the preamble to “disaster capitalism”? Spending more than you have, then borrowing until you owe your debtor more than you’re worth? Then surrendering all that you had in order to satisfy your debt?

      DRUG DEALERS do this all the time. They “front” drugs to addicts, repeatedly, knowing that the addict will get into more debt than they can ever repay. Then the dealer sends thugs to “collect” everything of value as payment.

      …sound familiar? It should. IT’S EXACTLY WHAT THE WORLD BANKS ARE DOING TO THE PEOPLE OF THE WORLD, RIGHT NOW.

  7. Greywar says:

    Tick Tock indeed!

  8. Northern Reb says:

    All we are hearing about is Greece and Puerto Rico. They are just the little fish in the sea. (CHINA) The China doll is on the edge of the shelf and the next little bump and she will be hitting the floor. You know what China does when that happens. The E.U. is in no better shape than Greece. The only country that is holding it together is Germany is not all that great, but she is the best looking horse in the glue factory. The U.S. has racked up 18 trillion Plus of unpayable debt that even our grand kids will not be able to pay back now.
    So if the central banks collapse we will all be in the same mess, but the prepper will have it a lot easier than the person that did not prepare.
    I was thing about those so called million and billion airs. They really don’t have a lot of cash or other goodies on their person it is all paper or in the bank so if there is a crash they will suffer like the rest of us.
    Government will have fiat money that will not be worth anything. Well you could use it for toilet paper or for a Kleenex. Because they have printed so much of it, the more there is of a object the less it is worth.
    I wish it would just get it over with so we can start all over and maybe straighten some of this stuff out.
    S.T.S.F.P. N. Reb

    • Plan twice, prep once says:

      China may be making the smart move by letting their markets correct now, and clearing the board. China has several economic problems, but I suspect they are positioning themselves to avoid the big crash by spreading it out.

      The US attitude that it’s all too big to fail has caused them to perpetuate the problems and make the bubbles bigger. Around me real estate is above 2008 pre-crash prices.

      One thought is China overtly manipulating the price of gold so they can buy much more! Everything about Chinese markets are manipulated and US investors should steer clear of them.

    • Braveheart says:

      NR, spot on. BTW, I did try a dollar for toilet paper once. Didn’t feel good and didn’t work too well. Might work better for starting a campfire.

  9. The Old Coach says:

    Keep in mind please that the banks, evil as some of them are, did not start us on this road to Hell. Congress and the Leftist bureaucracy did it. This latest surge began with Clinton, Mario Cuomo, Juan McVain, Phil Gramm, Warren Rudman, Janet Reno, Barney Frank, and a host of other spawn of Satan who valued their own personal power over the good of the country.

    • Basically when the Glass Steagall Act got pulled from the Clinton Administration, it opened the doors of corruption on a mass scale and hasn’t slowed down since. No more Checks ‘N Balances to a degree, and became Manipulation ‘N Looting.

    • Northern Reb says:

      Coach:
      Amen brother, Amen!!!!!

      • The Old Coach says:

        I have not had the opportunity to mention it lately, but the definitive history of the 2008 crisis is in Peter J. Wallison’s new book “Hidden in Plain Sight”. (Buy it on Amazon.) Just reading the Introduction is enough. But if you have the patience for it, the rest of the book tells how they did it in such painstaking detail that even my eyeballs began to glaze at times. It has to be said that, the Government having created the crisis, Paulson and all but one of the other Fed governors didn’t have a clue, and did all the wrong things. I think to save Paulson’s alma mater Goldman Suchs.

        Hank was Dartmouth and Harvard Business School, a place of which I have a passing acquaintance having lived in Cambridge for a good many years.

        My late father-in-law,(from St. Louis), was president of a major eastern bank on the ’70s and into the ’80s,. He flatly refused to hire B-School graduates. They had been taught so much Bravo Sierra (he used a much more polite term) that he would have to unlearn ’em before they could be any good to him as managers. He could grow quite agitated on the subject.

        Said FIL, by the way, was the first to introduce me to the Austrian School. All my time in college it was never even mentioned. Keynes was God, and John Kenneth Galbraith was his prophet. Along with Samuelson, of who I grew so heartily sick that I quit the field and became an engineer instead.

    • WhoWuddaThunkIt says:

      Old coach, you barely scratched the surface. Try Ronald Reagan through his Deregulation policies creates too big to fail and the mass consolidation of the banks. Which created investment banking and the los of traditional banking and services for the public. Then thriw in derivitives and tricky hide the debt credit default swaps. Who aigned off that legislation
      Phill Grams wife had basically a no-show bank cushy job and was paid millions. Political whore influence. Duhhh.

      • The Old Coach says:

        Investment banking has been in existence since the 18th century. Reagan certainly didn’t invent it.

        Derivatives have also existed for a long time. But not until the Feds forced banks to make loans they knew would never be paid back did the banking industry have an incentive to start generating them by the trainload.

        You of all people need to read Wallison’s book.

        • Dr. E. Michael Jones’ latest book, Barren Metal, is an excellent history of usury from pagan times to the present.

          Dr. Jones makes a strong case that the “rebirth” of the Renaissance was not just a rebirth of pagan hedonism, but also a rebirth of pagan usury that destroyed Medici Florence. (and resulted in the princes looting the Church’s mons pietas, the poor’s only charitable source of non-usurious loans).

          Not long after the destruction of Florence, the usury of the Fuggers destroyed the German principalities.

          Unlike Italy that had its economic roots in the Roman pagan slave/usury economy (an important factor in the collapse of that pagan empire), the medieval lands that later became Germany had economic roots that valued the labor of free men, just wages, just prices, and rejected usury. Sadly, as Christians became more debauched, the “German” economy, like that of Italy, was gradually subverted by usury. In Italy, when princes became indebted, they usually just defaulted.

          Luther presented indebted “German” princes with a novel alternative to simple default—looting. When princes became indebted, the looting of Church property endorsed by Luther, more than Luther’s man-made theology, made the Protestant Deformation attractive as a means of paying off the usurers.

          While Henry VIII found Luther’s theology repugnant, he saw the immense profit in seizing Church land, valuable books, and sacred vessels. So, Henry the VIII tempered Luther’s theology, but wholly embraced the looting. Once the king and nobles seized the land, the land was no longer put in service for the poor to raise food for themselves, so they were thrown into a poverty that only worsened with the evolution of private central banks and rapacious Judeo-British industrialism.

          Barren Metal is a worthy read:
          http://www.amazon.com/Barren-Metal-History-Capitalism-Conflict/dp/0929891147

  10. swinging richard says:

    What if the people banded together and stopped playing the game?

    • Warchild Dammit! says:

      Richard,already happening.Folks learning to live with less/bartering/work for cash thus helping to not feed the beast/growing own foods/figuring ways to supply own energy or at least some on their own,i.e. many going Galt as it were,tis a start.

      • The Old Coach says:

        I think that is indeed happening. Look at the thread a couple of days ago about the collapse of many retail outlets. The bulk of which were successful only because people felt they could throw discretionary money around. Because they HAD discretionary money. I can’t wait for people to realize that the latest iGadget is also discretionary money. Short AAPL anyone?

        Then, as you say, people out of work find that they can get paid “under the table” and survive, so they do. (Heck, 20 million illegals make that system work for them.)

  11. Kevin2 says:

    When you function with pure fiat currency they have an unlimited source of liquidity. As loans go bad they’ll just create more money. If the money is kept out of the hands of consumers inflation remains low. The trick is to keep that money supply into the banks to cover bad loans without it getting to the people. This in effect requires continual non recovery.

    They NEED to keep the masses broke virtually world wide. A true recovery would ignite an uncontrollable inflationary spiral.

    • yupyup says:

      Yeah, this is right. There’s an expansion effect though. As the credit/money is sequestered into the hands of the rich bankers then they end up owning everything. They have free money while the rest of America works for is. The expansion effect is eventually Americans will not be able to afford to buy anything. This is probably the long term goal of the money printers.

  12. the Lone Ranger says:

    Once you deposit your money in your Bank, THEY own it, not you! That now in fact is the law.

    My friends, the Banks are not your friends, nor mine, hence someone long ago called them “banksters”, rhyming with gangsters.

    Keep the bare minimum in your Bank.

    Put the rest into preps [food, water, lights, batteries, clothing, etc.] and a stashed emergency fund and if you can afford it, hidden silver coinage.

    The Shemitah arrives in September.

    I’m sure one or more False Flags will arrive soon thereafter because the current President wants that “excuse” to stay in office beyond his term, maybe indefinitely.

    JADE HELM went “live” last week, was probably alive before that.

    Veterans are continuing to be hassled and their guns confiscated.

    Russian troops are training with American troops on our own soil.

    A recent article by Hodges noted that many military units are being dis-armed and their weapons and munitions “confiscated”

    NASA went so far a few weeks ago to DENY an Asteroid (2.5 miles wide, some reports state) would hit our planet. Please reconcile that with the fact that 74 NASA scientists have died in the last 24-months.

    Remember how many witnesses were similarly “killed” within a year or so of November 22, 1963?

    What did these NASA scientists know that they had to be taken out, so to speak? I feel for their families, as well as those of the bankers whose lives were also snuffed out.

    So I ask each of you:

    Are YOU ready for an indefinite Bank Holiday?

    Are YOU ready for a nation-wide power outage?

    Are YOU ready for a declaration of Martial Law?

    Are YOU ready for a closure of all food stores including gas stations?

    Are YOU ready for the shut down of the internet, and us not posting here ever again?

    I’m not a catastrophizer. Like all of you, I’m a dot connector. Prep and Pray and as others have said here, keep your head on a swivel.

    Because surprises often come in the middle of the night.

    God bless you all.

    – the Lone Ranger

  13. Braveheart says:

    Lone Ranger, I already keep most of my money in an old safe with the combination dial lock. My combination is very well-hidden and nobody else knows it. All my spare money is still going on preps. Keep stacking as long as you can.

    • Don’t get to comfy with the Idea of a home safe. 1000 lb safes are stolen all the time and you can cut the top off in five minutes without a flame. They are designed to keep people honest.

  14. nigil gruff says:

    greg, I forgot it was you, I thought sean hannity was doing the interview, stay away from the msm!

  15. Old Guy says:

    What Preplexes me is when I go to town. The road is full of vehicles. and the stores are full of folks spending money. New cars and homes are still being sold. Im debt free and cant afford a $20,000 new car. Yet folks with a home mortgage & kids buy two new vehicles and lots of other expensive toys? What am I missing?

    • WhoWuddaThunkIt says:

      Old Guy, Its called debt up to your eyeballs, otherwise known as The American Dream. Dont buy into that scam. I liquidated all that crap in Feb, debt free now and everything I have is paid for, a pile of pm’s preps and cash, off the grid solar, etc. Just enjoying life and nature. Everybody can do it too. Stop feeding the beast and being a debt slave.

    • yupyup says:

      They are probably both working FT and the kids are close to latch-key. (Although the socialist now make that illegal!) But its all credit. Do you ever see those TV ads for buy a card with 0 interest rate for 5 years? Might as well show the byline “is you suck at math, or believe hyperinflation will start this year”.
      Personally, I sometimes want to place that hyperinflation bet myself. I guess I did when I bought a house.

    • GrandpaSpeaks says:

      A shit load of interest payments, debt collectors, sleepless nights, that weight on your shoulders. I am debt free and off grid with an old truck that has new tires. I remember seeing a picture of a suburban home, white picket fence, 2 cars in the driveway, boat in the rear yard. Then for a second picture they took away everything that wasn’t paid for. There was just four tires on bare ground. Treat those people like the mirage
      that they are Old guy, everyone of them would trade places with you.

  16. MGTOW says:

    I just stopped spending to clear up credit cards. Millions are doing the same. ZERO CREFIT CARD USE.

    I never missed a payment, yet the banks chsrgd ne credit card rates for decades.

    BANKS, I AM FIRING YOU.

  17. Anonamous says says:

    Dear fearless leaders,One cannot borrow oneself out of debt, one must be productive and frugal to keep out of debt, lesson ended. On a more instructive learning note would like to hear info about bees, bee keeping, healthy bees, how to help bees survive in nature etc…….anyone?