Skip to comments.Report: Farmers Hoarding Food To Protect Against Currency Collapse
Posted on 04/29/2013 3:56:22 PM PDT by Kartographer
Argentina is going through the classic stages of economic collapse.
The government seized all pensions. They are destroying everything that gives the people incentive to be a society that emerges from the cooperation of everyone.
When government turns against its own people, even as the USA is currently doing, you end up with deflation insofar as the economy collapses and wages are not available, while hoarding emerges as does barter.
source: Martin Armstrong
(Excerpt) Read more at shtfplan.com ...
Oh yes, here it comes.
What in God’s name is holding the markets up? You would think people would withdraw their funds and begin to convert to tangible assets. ????
If you are not hoarding er prepping you better get busy.
> What in Gods name is holding the markets up? You would think people would withdraw their funds and begin to convert to tangible assets. ????
A Straw man with promises of hope and change with the MSM lying for him daily.
They had their Perons; we now have ours :(
The treasury is pumping in $85 billion a month into the stock market, a market that is only $15 trillion in the first place. In other words, the fed is putting in 8% ($1.035 trillion) each year for the past 5 years. According to some report the fed has put in over $3.2 trillion.
You’ve heard this as “Quantitative Easing (QE)”.
The big question is if the fed is propping up the market with 8% per year, why hasn’t the market grown by at least that much?
Asset values on paper have - relative to the true value.
The market hasn’t grown 8% per year, much less 32% in total.
I don't know. From what I've heard it's the combination of the Fed printing money at 80+ billion and month and keeping interest rates so low that there's no reason to invest in bonds, so investors gravitate to the stock market.
I'm like you-- I thought the market would have collapsed a year or more ago. The gains have been so significant I've taken a portion (25%) of my 401k and put it back in normal risk. *Gulp!*
Didn't Argentina have an economic collapse already, some years ago?
Sad, but true.
The markets aren’t growing by the Fed’s 8% injection each year because the overall wealth in the U.S. is substantially larger than the $15 Trillion size of the markets.
>> “What in Gods name is holding the markets up? You would think people would withdraw their funds and begin to convert to tangible assets. ????” <<
Lots of investment advisors have turned government shills, and are predicting massive gains for investors.
What they’re not telling is that when the facade cracks there will be no opportunity to turn paper investments into liquid assets.
Argentina is just a lot further down the same road that this country is on. That tormented land has been stumbling around in a fever swamp since at least the time of the rise of Juan and Eva Peron, and was on a downhill slide a long time before they came along.
Hoarding happens when there is not enough of something and a person takes a lot of it to store and others can't get it.
Today, there is plenty of food and water. If one buys all the canned green beans, the shelf will be full again in the next day or so based on when the next truck comes and other stores are still full of it. Every one has access to food right now so no one can be accused of hoarding.
An example of hoarding: When the cruise ship was dead in the water several weeks ago and no more food had been sent by boats to the ship, people were in serving lines for food. People put food on their plate, then put more food in their pockets and purses. The crew serving saw this and asked people not to take extra food as the people behind them in line needed food, too. That didn't stop the people and they kept HOARDING food. They didn't care if the people behind them got food or not. That is HOARDING.
There is no way I would have taken more than my share in a case like that.
It does tell us a truth - that truth is, when there is a finite amount of food, people will steal it and not care if you die.
They did it on a ship for goodness sake and there was no way they were going to starve. How much more determined would they be if there actually was only a certain amount available for a long time - they will kill you for it.
Profits. The bottom hasn't fallen out yet. It will -- but it hasn't yet.
But has the true value shrunk by something close to 8% per year, with that decline hidden by federal dollars pumped into the market?
>> “...they will kill you for it.” <<
Jer 17:9 The heart [is] deceitful above all [things], and desperately wicked: who can know it?