Awww, did I do that?
Posted on 09/18/2012 5:22:07 PM PDT by Kartographer
If you think the Federal Reserve’s quantitative easing will only affect the US dollar, think again. Now that the United States has officially begun it’s third round of money printing to the tune of at least $40 billion monthly, central banks around the world will also act to ‘defend’ their currencies in kind.
Moreover, because everyone is joining the fray, all of that extra money will make its way into key resource stocks and commodities, adding further upside price pressure to essential goods like food and fuel.
It’s a race to the bottom, and the losers are the 99.9% of us who aren’t being kept in the loop.
(Excerpt) Read more at shtfplan.com ...
Preppers’ PING!
http://readynutrition.com/resources/52-weeks-to-preparedness-an-introduction_19072011/
BFL.
Not just governments but most major banks are broke and working on the edge. Most of the largest Mega Banks have derivatives exposures that are 40-50-60 times their total assets, so what happens if Europe does collapse (which is fairly likely) causing them to loose just a modest percentage on those derivatives? ( http://ncrenegade.com/financial/fdic-statistics-read-em-and-weep-ann-barnhardt/ )
Personally I expect that we are in for something like the collapse of Argentina ( http://www.youtube.com/watch?v=7yerKMQc7-w&feature=grec_index )but on a global scale.
When you add in the fact that their is a growing concern for social unrest regardless of which way the election goes, the next few months will be like walking a mine field.
Recent events show (Flash Mobs, OWS, etc) we have a large entitlement minded population that is violent prone and armed. I think that during a collapse you will see many small businesses wiped out by flash mob looting, and once started it will quickly spread to rape, robbery and murder for murder sake. You will see what I call ‘pocket pogroms’ and if you ain’t ‘Amish’ you better not be around when they come.
Many of these ‘yutes’ will think no more about killing you than most people think about stepping on a roach. That will be the test of many. Most preppers I know are Christian people and they will hesitate to do what they might have to do to stop the ‘yutes’. On the other hand the ‘yutes’ won’t think twice nor lose a minute of sleep, in fact they will smile and laugh about it.
I can’t help, but think of this quote which is one of my favorites:
“Star Trek: Deep Space Nine: The Siege of AR-558 (#7.8)” (1998)
Quark: “Let me tell you something about Hew-mons, Nephew. They’re a wonderful, friendly people, as long as their bellies are full and their holosuites are working. But take away their creature comforts, deprive them of food, sleep, sonic showers, put their lives in jeopardy over an extended period of time and those same friendly, intelligent, wonderful people... will become as nasty and as violent as the most bloodthirsty Klingon. You don’t believe me? Look at those faces. Look in their eyes.”
Clearly there’s a storm coming, as great as a hurricane and like you do when a hurricane comes your way you either prepare to weather it or you become a victim of it.
For those who are just starting or are old hands at prepping you may find my Preparedness Manual helpfull. You can download it at:
http://tomeaker.com/kart/Preparedness1j.pdf
NOTE! THIS IS A FREE DOWNLOAD. I DO NOT MAKE ONE CENT OFF MY PREPAREDNESS MANUAL!
For those of you who haven’t started already it’s time to prepare almost past time maybe. You needed to be stocking up on food guns, ammo, basic household supplies like soap, papergoods, cleaning supplies, good sturdy clothes including extra socks, underwear and extra shoes and boots, a extra couple changes of oil and filters for your car, tools, things you buy everyday start buying two and put one up.
As the LDS say “When the emergency is upon us the time for preparedness has past.”
Or as the bible says: A prudent man sees danger and takes refuge, but the simple keep going and suffer for it.
NIV Proverbs 22:3
“There is no greater disaster than to underestimate danger.
Underestimation can be fatal.”
But what about the Obama recovery?
Thanks for the hyper-inflation Mr. Bernanke, I really appreciate it.
I am amazed it hasn’t happened already.
The only thing keeping us going is everyone else is just as or more screwed up than we are
Sure it won’t be delayed to benefit 0bama’s re-election bid?
In other news, gold is expected to rise ...
what does “dollar rapid collapse” mean anyhow?.....what would happen if THAT happened?....
Or the opposite.
China and Japan get out of hand, and it impacts trade with China.
In which case Chinese imports crash.
Good for the US dollar.
Just a contrary view.
I am sorry but you really drop some credibility quoting quark from star trek dealing with the seriousness of the evil nature of people. I don’t care how great you think the quote is.
You really need to stop yourself from using it.
SHTFplan might be a decent enough article site, but I was forced to take them of my Serious Consideration Sitelist. On two recent articles, the 9-11 Truthers came boiling out from under their rocks. I don’t give Truthers the oxygen they steal from the sparrows.
I’ve got such a complaint before about using this quote mostly saying that my use of the quote from a fantasy TV program undermines the seriousness and the creditably of the subject.
I have always felt that you can find core truths in many places, sometimes even in very unusual places, but that doesn’t take away from their truth.This discussion makes me think of another ‘fantasy quote, one from John Wayne’s Movie ‘The Shootist’: “I won’t be wronged. I won’t be insulted. I won’t be laid a-hand on. I don’t do these things to other people, and I require the same from them.” Tell me what’s not true here? Would not the world as a whole be better if all tried to follow this simple code?
But back to my Star Trek quote, for those that don’t understand the point this quote is making how about if I ‘translate’ it:
John Doe: “Let me tell you something about people, Nephew. Most are wonderful and friendly as long as their bellies are full and their tv’s are working. But take away their creature comforts, deprive them of food, sleep, hot showers, put their lives in jeopardy over an extended period of time and those same friendly, intelligent, wonderful people... will become as nasty and as violent as the most bloodthirsty gangbanger. You don’t believe me? Look at those faces. Look in their eyes.”
So tell me is this not a true statement of what happens to people once placed under such stressful conditions? You would be surprised how many people don’t realize the transformations that can take place under such conditions. And because of their ignorance many won’t even live long learn.
If you can’t understand that then I suggest that you do both of us a favor and stop reading my post after all you your own words say that you can’t be taking me seriously.
So if the dollar collapse how much to you think a barrel of oil would cost? How much would a gallon of gasoline cost made from that oil?
I don't think this will matter Kartographer, even though I know the point you wish to make. I know that your preppers thread appeals to a wide margin of folks, and perhaps I am within that margin - barely.
I do not foresee the availability of oil and gasoline at any cost, at least not within the cost that Me and Mine would be willing to pay.
I think we are going to an unforeseen place.
Personally, I don't have the guts, or the crystal ball to see what's coming.
Thanks for posting/linking. BE PREPARED BUMP!
I also know that for a message to be received as it was sent, one must use the best language to get that done. I can see how some might not agree, but the Quark quote works for me.
Those of us who grew up on science fiction have a special kind of fascination/horror about the events of our time.
We aren't surprised to see the science fictional tech of yesterday become the scientific facts of today.
Unfortunately, from this perspective, it's also no big leap of faith to see some of the more terrifying aspects of those science fictional societies also coming to life.
So, from that point of view, Quark's words of wisdom aren't fantasy. They are our future, our closer by the day/event, not too distant future.
If all major currencies worldwide enter into competitive devaluation, does the dollar crashing make a sound?
That is the important question, and does it matter whos on first.
Good God... lighten up, Francis.
"The avalanche has started, it is too late for the pebbles to vote."
Thanks for the link.
I like some of the ideas there.
Your dollar is worth less today than it was the day before Bernake made the announcement. The Fed was already putting in 45 billion new dollars every month, now they added another 40 billion new dollars every month, making a total of 85 billion new dollars every month.
Your dollar will buy less food and gas now. That's rapid change in the value of your dollar, as more new money is added every month, down goes the value of your dollar more.
Click to read the whole article to see what this does to overseas currency to speed the collapse of our money system.
If all major currencies worldwide enter into competitive devaluation, does the dollar crashing make a sound?
___________________________________________________________
Even with Hyper inflation the fiat currency has some value. The problem is that when you make $50000 a year and it cost 2000 to fill up your gas tank, you ain’t gonna be driving. When it cost 1000 a day to feed your family, $500000 homes will be worthless. People who have precious metals will buy real estate for a song. People without precious metals will sell all they have just to eat.
There won’t be any government bailouts, the farmers will sell their food directly to consumers, their families and friend and those who can supply fuel.
All this has happened many times in human history, Greece, Rome, Germany twice, there is nothing new about what happens when governments switch to fiat instead of money.
People talk about Nixon being a bad president because of Watergate. No he was a bad president because he took away the value of our money. It was a good run for a generation but now its time to pay the fiddler and we’re broke.
If you don’t have silver, food storage and a paid mortgage I feel sorry for you. For a long time I’ve been telling people you only have a few more years, I don’t think there are any years left now, It may be down to months or perhaps even weeks.
Obama has done this on purpose. His goal is to crash the economy. Then he has to take over. When no one can afford to eat they all become moochers and support what ever Obama wants as long as they can eat.
After the Russian revolution the rich people had everything they owned taken away and put into the collective. Their houses, their farms, their money, their guns, their precious personal items, everything. That is what the leftists want, everything you have.
If you read “Atlas Shrugged” you know how it ends. John Galt created a society where everyone traded gold. The only currency allowed was gold.
Inflation is a form of theft. When it is only 2 or 3 percent we think of it as a tax. When it hits 25% a year we can’t afford to pay our bills. When it hits 10% month we can’t afford to eat. Once we can’t afford to eat we become desperate and do desperate things. Most won’t sit back and starve to death, they will become proactive in getting food. New governments will be formed from gangs that rob, pillage and murder to get their needs met. When that happens our people will be ready and willing to accept king Obama if he can feed us.
I know most of you think I’m crazy but this what happens in societies that break down. There is nothing unusual about it, people won’t just lay down and die, they will steal your food to live. They will kill you for it. Just because you haven’t seen it before doesn’t mean it can’t happen. It will happen, it is only a matter of time.
Fifteen Trillion is such a large, unfathomable sum that we can’t even begin to start paying it back. Instead those that hold the debt will loose.
My advice, pay off your mortgage, get a lot of food and a lot of precious metals. Convert your savings to precious metals, mostly silver now, you savings may soon be worthless. Precious metals include brass and lead. If you do this you will at least survive until the government takes it all away and puts you in an apartment complex with a bunch of other people.
Good luck.
KC, that last sentence is more than profound. I think we're going to a place that has not been seen in our nation in our lifetimes.
But that doesn't mean it hasn't happened before, either here or abroad. Recall WW2, and the utter devastation of Europe. No living American recalls the Chicago Fire, or Sherman's March to the Sea. Those are just a few incidents; there are many more throughout the histories.
We can use these histories like a lantern, lighting the few steps ahead so that we're not stumbling into the darkness, blind and unknowing of the perils before us.
You really need to stop yourself from using it.
I have to agree, it stopped being interesting and relevant after the 100,000th time.
Took me 10,000 and only took you 1, guess it show I have a lot to learn.
Seeing how my preparedness manual was down load 2500 times in in August plus so far this month I guess I still have some relevance.
Can you show something comparable in which you made a difference?
You misread and misquoted what I said.
I never said I didn’t take what you are saying seriously. I said you lose some credibility quoting quark from star trek to make your point about the evil in the real world, real people. Again and again. There are plenty of real people who have better quotes about the evil of man than to have to use alien creatures telling us about how evil man is.
It’s a serious subject, using this doesn’t really treat it that seriously, especially given the nature of Quark himself. If we really have to analyze it that far. Kind of like using a quote Bemedict Arnold to discuss the immorality of British traitors. And even that would be better because Benedict Arnold would at least be a real person.
Awww, did I do that?
Oh, but Wall Street loves them some Big Ben.
Even if Romney "wins", it won't mean a win for us. Between the new czars and muzzie/commie/liberal government department heads and other enemies placed in key positions, the destruction will continue no matter who is sitting in the WH.
You failed to answer my question is the quote not a fair and true synopsis of what happens to most people when placed under extreme duress especial people who have lived their lives up to that point with no experience of such harsh situations? Is it NOT a fair assessment of how the unprepared and the entitled will react?
Hmmmmm...maybe he could calculate the MD5 hash of that quote and make that his tag line??? :O
I was thinking the same thing.
Kart makes that same post when a new prepper article is posted. NEW people come here to read all the time, and that post is for THEM, not those who come here regularly so the post is NOT for you or me or other regulars.
The Star Trek example gets the point across. If you want to post another example that does the same, do it and post it every time Kart puts on another article. Kart spends a lot of time to find articles for us preppers and we appreciate it. Basically, for you and all others, leave Kart and his free speech alone and stop complaining.
He can say what he wants, I never said he couldn’t. But I should be able to be say what I want about what he writes, just as you are complaining of my one single criticism of what he writes.
Quotes from fictional characters who are themselves greedy little bastards who swindle and kill and who others look at with pride for being swindly and greedy, just don’t do it for me. It’s hypocritical of them to worry about others being equal or worse than they themselves behave.
So no, the quote doesn’t really do it for me, and it is a rather jaded, biased look to classify every single person this way. If you want to be accurate, the significant subsection of people that fit the class talked about is what I would call the Takers. I would not call the Makers this.
If the quote was true, just about every person who lost their jobs during the depression would have become a greedy, shifty, dangerous crook. It didn’t happen. Because people with a solid moral foundation want to work for a living, want to be productive, want to show others they are good at things and are valuable and want to take care of themselves and not be leeches on others. Makers generally are these kinds of people. The Takers of all different stripes, not so much.
So I do think the quote isn’t the best one because it paints with too broad a brush. Historical evidence in the worst economic times proves most people do not act like vicious greedy conniving thugs as described in the quote.
Fine, keep complaining every time that post for new people appears and perhaps none of us, including Kart, will respond.
so keeping cash is a mistake?...Glenn beck said to “have cash”
Pal, you’re some piece of work.
I brought this one thing up ONE TIME. I have no intention to bring it up every time, that is your ignorant assumption. What is clear is that YOU evidently cannot handle one minor criticism, once, and you didn’t even write it. Evidently neither can he.
Excellent you are through with this.
This is not a do it or don't do it decision. Absolutes don't work well with prepping because we can't predict exactly what will happen in any given scenario. For that reason, it's better to cover all the bases.
I used to ignore cash, had very little in my purse and nothing but some change at home. My money was in a card but I couldn't see that money. If for some reason I wanted cash, I used an ATM. I had to change that and did.
Keep some cash in your purse and keep cash at home, hidden so no one can find it. If power goes off right now, no cash money is available.
If power stays off, you can't pay your bills and neither can anyone else. If you use bill pay on line at your bank, that's not available any more. Can't pay by mailing a check as no mail moves anymore. Can’t go physically to the companies because they are closed.
Can't pay cash for food as it is gone within one or two days of an emergency and there are riots there anyway to get the last bit of food or riots because there is NO more food.
You still need to have that cash stored away. If, and when, food returns, your cash may be important to buy that before perhaps your bank gets up and running efficiently. There is also the chance, your money in the bank, which was on a computer system, doesn't show up anymore. That's another reason to have cash stored.
In a long term emergency, if order has been restored, there may be places set up to barter. People want to exchange goods for other goods as money has little value when people need water/food/other supplies more than they need money. Goods you can barter will be important rather than having nothing but cash.
Do both - store cash and have barter goods. If you think the bank will lose track of your money, take out a lot of cash.
Decisions, decisions. Try to cover all bases and that means store cash, too.
But that doesn't mean it hasn't happened before, either here or abroad. Recall WW2, and the utter devastation of Europe. No living American recalls the Chicago Fire, or Sherman's March to the Sea. Those are just a few incidents; there are many more throughout the histories
We can use these histories like a lantern, lighting the few steps ahead so that we're not stumbling into the darkness, blind and unknowing of the perils before us."
Thank you for those words Old Sarge - we are right to take history into consideration, it is comforting in an odd sort of way.
But I can't get over the idea that the situation today is far different than what my (limited) knowledge of historical wars and tragedies tells me.
The United States is fractured within. I can no longer envision the people of this Country coming together -united as one- in order to fight the evil that draws so close to us. And somehow, that is scariest thing of all.
Your response shows what thin skin you have to something minor that wasn’t even directed at you. You can’t just accept it and move on. I feel for you.
It believe you are wrong and this is exactly the reaction we will see it’s starting to creep out in all the countries in which the financial fall is just starting. Only about half the country have the moral foundation that you speak of. They will take (well at least try to take)what they want when the time comes.
But I always have to wonder about people who spend so much time about a persons writing style and so little time on what the thread is about.
There are two areas of history I am currently researching: Wiemar Germany, and Tsarist Russia. Both are test cases for current America.
Love your screen name.
The two areas of study you note are particularly apropos. I was a Russian interpreter in Berlin and studied at the University of Leningrad in the 1970’s.
I have felt for some time that we in America are analogous to Tsarist Russia circa 1912 or Germany in 1930.
The outcome, absent divine intervention, is a Greek tragedy in slow motion. Yes, war is coming along with the financial collapse. Much is already baked in the cake.
Get.Out.Of.The.Cities.Now. (The ‘Preppers’ are right).
Thank you for your service, Old Sarge.
Shalom
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