Tag Archives: Inflation

Getting Ready for the Coming Wild Economic Ride – Part 2

In part one, we just finished talking about reducing your material footprint, so that you start to wean yourself from the “luxury must-haves” that you consume now. This also goes for any vices you have. The sudden withdrawal from nicotine, alcohol and caffeine will change your behavior. The more vices you have, the more difficult you’ll have in coping without them. Start weaning yourself off them now. After the balloon pops on this economic bubble we’re in, common daily items are going to disappear fast, and after that, they’ll be in short supply. Look at any country that has gone … Continue reading

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Getting Ready for the Coming Wild Economic Ride – Part 1

Undoubtedly, you’ve seen the recent shakeup in the news on how the Fed is thinking about tightening up the free money they’ve been handing out to bankers. The purpose of all this printed money, we were told, was to give the economy time to heal itself and thus avoid an economic collapse. Trillions of dollars were given to Wall Streeters and bankers, yet we have little to show for it. The media has long ignored the fact that this injection of money hasn’t accomplished anything but keep friends of the Fed in a constant supply of cash. This is, of … Continue reading

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Dollar No Longer Primary Oil Currency As China Begins To Sell Oil Using Yuan

This is one of those “shoes” that we have been waiting to drop. The rest of the world is fed up with our monetary policies and the inflation that we’re exporting. While small countries can’t do much about it, the larger countries can, and as you can see from the article, they have. In a nutshell, China is now completely set up and ready for any country to buy and sell oil using their yuan, instead of US Dollars. This is the equivalent of a death knell for the dollars. [From Dollar no longer primary oil currency as China begins … Continue reading

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More Than 100 Million Americans Are On Welfare

The first two rounds of Quantitative Easing haven’t done anything to improve the economy, only prolong the pain and agony that so many are now going through. The US economy cannot be doing well if we have this many people in dire straits: [From More Than 100 Million Americans Are On Welfare – ] There are more Americans dependent on the federal government than ever before in U.S. history.  According to the Survey of Income and Program Participation conducted by the U.S. Census, well over 100 million Americans are enrolled in at least one welfare program run by the federal government.  Many … Continue reading

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QE3: Get Ready For Hyperinflation!

Here’s a recipe for disaster: “…the Fed will keep injecting money into the economy until growth picks up and unemployment starts dropping significantly.” QE1 and QE2 didn’t work, so now we need QE3. You would think that they’d learn, but remember, these are the same people that didn’t see the 2008 Recession coming and said that everything was fine. Until it wasn’t fine. Not to mention, can you point to anyone, besides bankers, that was actually helped by QE1 or 2? Me neither. [From QE3: Reactions to the Fed’s big stimulus move – ] On Thursday, the Federal Reserve announced yet … Continue reading

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The Next One Will Be The Big One « Jim Sinclair’s Mineset

Haven’t covered too much about the economy lately; I hit on the economy so much last year that I want to make sure that we cover other things as well. However, it’s important to realize that the economy is still highly unstable.  This means that, at any time, the markets can turn upside down and crash, or fall, or any number of things that will cause an “unsettled period of time.”  Like, recessions, depressions, collapse of the dollar, things like that.  Remember, we still haven’t recovered from the last recession, though some say that we’re still in it and some … Continue reading

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And There’s Your Big Food Price Spike – Business Insider

Yup, there’s the spike.  I have a feeling that it won’t last as long as some people are saying, but that’s why we prepare, right?  Having food storage allows us to “skip” over these price spikes and average out the food costs over a longer period of time. [From And There’s Your Big Food Price Spike – Business Insider – ] From today’s PPI report, this chart measures the sequential change in raw foodstuff (food commodities that go into processed foods). Thanks to the drought, that number reversed two straight months of declines, and surged over 5%.

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Podcast: Inflation 101

Jeff Bennet joins us for todays podcast and talks about inflation. What happens to America and Americans, if what happened to Argentina, happens here?  It is logical to find out if it could happen here.  I say it is almost unavoidable, and my reason is simplicity and logic 100%.  Why could it happen here? This is Jeff Bennett for the Preparedness Podcast, with another installment of Perspectives on America, ‘Short Takes on Wealth – 104.’ It has been sopme months since I have ben with you, but the questions remains, “Why could it happen here?” More importantly, “Why couldn’t it?” … Continue reading

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Just In Time inventory showing its weakness

I stopped by Walmart in my local area on a whim to check for ammo and I wasn’t surprised to find nothing more than shotgun shells and odd-calibre stuff.  An employee stopped my to ask if I needed help and we began talking about the ammo and shortages everyone seems to be experiencing.  The employee went further and told me about how they hadn’t even had a truck arrive the day before and how is caused all kinds of problems for the store and then pointed to the shelves and explained that while there was still much on the shelves, … Continue reading

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Free Money! Free Money! Free Money!

Yup, that’s basically what it is. Free. The Federal Reserve has dropped the Prime Lending rate to 0% – 25%. That’s basically free to borrow money. Not money that you and me can borrow, but banks and other financial institutions. They borrow from the Fed and then loan it to people like us. The Fed raises and lowers rates in order to control the money supply and this lowering is their further attempt to boost the economy. But it’s not working.  Markets are still down, companies are still laying off employees and slashing salaries. Dogs and cats living together. It’s … Continue reading

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