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Archive for October, 2011

..to paraphrase The Bard, would smell as bad.  We who worked tirelessly to prevent  the neo racists from seizing power in 2008 witnessed all too often the perfidy of those Neo Racists who, in the name of *creating* a *Post Racism Society,* perpetrated, condoned and allowed all manner of election law violations as long as they were perpetrated against anyone who did not support SoetorObama or were white.  We wrote, spoke, published, filmed and networked the truths that we saw in a desperate attempt to feed mainstream media the stories that they should have been reporting, but which, instead, turned a deaf, dumb and blind eye toward all of it, making the Pinball Wizard look like a seeing eye dog as the Holder DOJ ran amok.

And–not for nothing here–more subpoenas have been issued today for Mr. Holder to fork over more info, to wit, seeking communications from about a dozen top Justice Department officials, including Holder; his chief of staff, Gary Grindler; and the head of the department’s criminal division, Lanny Breuer, Fox Newshas learned.

The subpoena, which could be filed as early as Tuesday, will focus on the Justice Department. The first and only subpoena issued so far dealt with the Bureau of Alcohol, Tobacco, Firearms and Explosives. That subpoena was issued back in March.

In the new subpoena, congressional investigators will apparently demand information regarding the investigation into the death of U.S. Border Patrol agent Brian Terry. Two guns found at Terry’s crime scene were linked to the failed operation that allowed more than 2,000 weapons to “walk.”

The subpoena is expected to ask for correspondence that Justice Department officials had with the White House about the gun trafficking operation, as well as what information was shared by Justice officials in Mexico.

The new subpoena follows a week of back and forth between congressional investigators and Justice Department officials of “who knew what, when.” Under scrutiny was Holder’s testimony from May 3 when he told Rep. Darrell Issa, R-Calif., that he “probably heard about Fast and Furious for the first time over the last few weeks.”

Fox News obtained documents addressed to Holder as early as nine months before that, which described the concept of Operation Fast and Furious. 

And so, after four years–first working to prevent the takeover which occurred solely by misleading a decent, for the most part tolerant, nonracist American public, and then continuing our efforts to get the truth out–glimmers begin to appear on the fringes of Mainstream.

Dr. Thomas Sowell has written a piece about the Holder DOJ and the expose released last week by J. Christian Adams, and rather than paraphrase it herein, I urge you all to hit the link and read it in its entirety.

Reverse Racism

With deepest thanks to Dr. Sowell–and ALL those who fight for Truth, Honesty and Law– for their objectivity, honesty and courage,

The Dame Truth

So go ahead…call me a racist.  Not long ago, someone I know had the utter temerity to observe that “people of color have no business being conservative.”  I look at them, mouth agape, eyes a-popping and said, “So…let me get this straight: all people of color are mandated to support one particular political view, or else they will be accused of not being *good* people of color??”  

Where is it written that people of color–or any color, or no color at all– are only *supposed* to support ONE point of view?!

When I first began to work against any possibility of a SoetorObamaSoebarkh administration coming to pass, we did a lot of networking, putting together groups and committees and someone put me in touch with the leader of a group of people of color against Obama.  I said that I’d do what I could, but wasn’t sure how I could be particularly helpful.  The man said, “Well, aren’t you a man of color?”  ” No, I’m just an old white lady,”  I replied.  We all had a good laugh at the notion that anyone could be characterized or identified by their writing style, political point of view or anything else for that matter.
Can’t we all just let go of the externals and make our assessments based upon what’s inside?

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This is one of  THE singularly most important issues we face in 2012. It does not matter who the candidates are if, as in 2008, our voice is stifled by election fraud. The avalanche of voter fraud, voter intimidation and out and out cheating was, despite heroic efforts by witnesses, writers, film makers, researchers, and election officials was never reported by main stream media. It was indeed the darkest day our nation has seen since the 911 attacks.

So…What can WE Do?

I invite you to educate yourselves about what really happened throughout the campaign process from primaries and caucuses up to and throughout election day 2008. Tireless workers like Sharon Meroni, Bev Harris, Kathy Wynne, [see also, www.HackingDemocracy.com, http://www.noquarterusa.net/blog/24761/a-further-look-into-voting-machines/ and http://hillbuzz.org/2010/07/12/excellent-article-at-pumapac-by-darragh-murphy-you-need-to-read-on-obamas-voter-fraud/Bettina Viviano, Gigi Gaston, Patrick and Cecelia Hickey, Michele Thomas,] John West and thousands of campaign and election workers witnessed and documented these offenses in the hope of exposing them to corporate media, all to no significant avail.

But these Patriots refused to be silent then and now,  and they continue to work to help the American voting public find ways to curtail voter fraud and intimidation. No longer will we allow dead goldfish, foreign exchange students, illegal aliens and residents from out of state to register and vote; no longer will we allow people with clubs to man election centers, intimidating voters.  Americans like the four Department of Justice career attorneys, Spencer Fisher, Christian Adams,  whose account of the case has just been released in his book “Intimidation“,Robert Popper and Christopher Coates are speaking out against the violations to the 1965 voting rights law and our electoral system as a whole.  See also http://rottenacorn.com/activityMap.html

Do the research–there’s a plethora of it online.  For starters, click on the links above.

Bev Harris from Black Box Voting
Sharon Meroni from Defend the Vote

Will your Vote Count in 2012?

LISTEN HERE

Black Box Voting and Defend the Vote

Last week’s show aired on Thursday, October 6th and is the second in an 8 part series, which can be heard each week or in archive at your convenience.

“Will Your Vote Count in 2012” is co-hosted by Bev Harris from Black Box Voting and  Sharon Meroni from Defend The Vote. (blogging as Chalice of Patriots Heart Network).  Sharon and Bev will bring you the latest news about elections across the USA.

This week, Sharon and Bev will introduce Voter Auditor Pollwatchers. The VAP, is a program piloting at Defend the Vote,.  For the Illinois Primary elections in March, 2012, and the General Election in November 2012, Defend the Vote will train voters across the state on poll security protocols and ask voters, armed with pollwatching credentials, to score their polling place after voting.

Also in this week’s show, Bev and Sharon will discuss problems with Early Voting in Illinois and across the USA.

During the last 10 minutes we will take questions from callers.


How to key-in to our series?

Blog Talk Radio is Internet Radio.  Defend the Vote airs our shows on Patriots Heart Network’s channel.

Blog Talk Radio can be enjoyed in a couple of ways: You can listen live on the phone or on the website.  The live website features a chat room too.  After the show, you can download the archive to your I-pod or download it on your computer.  You can embed the player in your website.

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Get an Account Here: (Accounts are free.  Unless you want to broadcast a show, you only need the listener account.  You can always change the account at any time)

Live, during the show: You can call in from the phone and listen 323-443-7202, you can listen on the web at this link, or you can link through Skype at the same link.

The call-in number works like a conference line and can handle over a 100 callers. A code is not needed and your are muted when you call in.

If you want to participate on the air: While the show is broadcasting, callers can listen from the phone – Press One if you have a question and want to be on the air! (323) 443-7202. We have a screening process.  Usually callers wanting to speak on the air have an opportunity to speak to a producer at some point before going live. Sometimes our program will not have time for callers.

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We appreciate your help in spreading the word.  Please share information about this with your social networks.

 

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To compare the current squatters residents of our White House to Marie Antionette & co. is to do bit of a disservice to the latter.  For one thing, Marie took a lot of heat for the acts of her predecessors; for another, she dressed rather well, as opposed to the Moo, who usually looks more like a crazed, infantile Halloween costume run amok than the wife of a head of state…oh, wait…;  and  for yet another, Marie was  very young [a teenager] and lacked the benefit of much formal education, whereas Moo…well, perhaps that is going too far as Moochelle, while having taken up space in some ivied halls, gives little indication of having actually absorbed much of the knowledge there; and, whereas Marie has since been somewhat vindicated as more a victim of that era than a perpetrator, the Moo remains a prime villain, major perpetrator and highly visible symbol for much of the dissatisfaction, disgust and unrest that most Americans are feeling now…but I digress…

What these two women [and, not to leave anyone out, Nancy Pelosi as well]  do share in common is that they are the personification of the words “greedy excess,” which is distasteful enough in and of itself, but when perpetrated upon the broken backs of a beggared society is not only despicable, it is cretinous, inflammatory and unforgivable.  As Marie Antoinette could have told them, there are few things more dangerous and less willing to listen to reason than an outraged populace whose money has been stolen.

An October 4, 2011 edition of  World Net Daily reports that the Obama daughters were designated for their big trip to Africa as “Senior Staff.”  EXCUSE ME????  Since when do two attendees of Sidwell Friends–whose averred classmates, according to their father,  include the Ayers children [who a in their 30s] classify as SENIOR STAFF???  HAVE these people no SHAME?

And again, not to leave Nancy out here, how on earth does anyone eat a $130 pile of junk the like of which was purchased on her behalf from a Detroit convenience store??  That shopping list alone is enough to gag a maggot.

Among the receipts: $130 from a Detroit store for popcorn, cheese puffs, Hershey’s milk chocolate kisses, peanuts, Snickers minis, Nilla wafers, ginger snaps, mixed nuts, dry roasted peanuts, M&M peanuts, Kraft caramels and crackers.

That order apparently was connected to a congressional delegation trip to Detroit that cost some $24,000 in air travel expenses plus another $10,000 in miscellaneous expenses.

The records, which are linked Judicial Watch’s website, include flight manifests, expense summaries, copies of receipts and congressional correspondence for Pelosi’s trips in 2010.

There’s not a grand total for the expenditures because of the nature of the reporting: Sometimes there were reimbursements listed for members of Pelosi’s family traveling with her, and it was unclear whether those reimbursements were paid.

And that, my friends, is but a few of the many stories about the greed of those who currently root at the Washington trough at our expense.

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R.I.P Steve Jobs

 Sad news to hear of Steve Jobs’s passing tonight.   While it was not unexpected, it is sad to see someone so young and so full of creative energy leave this world so soon.

Photo courtesy www.apple.com

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Silly Holder, busted at last…never mind the voter intimidation case his DOJ refused to prosecute.  L. Christian Adams, the Prosecutor who handled that case and who left the DOJ after that debacle, has just released his book about it– “Injustice: Exposing the Racial Agenda of the Obama Justice Department”

Documents that prove Holder lied to Congress about his knowledge of the Fast and Furious operation have now been found. http://theulstermanreport.com/2011/10/04/breaking-document-makes-direct-link-between-holder-and-fast-and-furious-debacle/ He stated that he had heard about it last Spring when in fact documents prove he knew about it as far back as 2010.  There’s even a site dedicated to getting him prosecuted for lying to Congress, http://paracom.paramountcommunication.com/hostedemail/email.htm?h=dd5dbbd6b6eb90b82177ec88e548e648&CID=9997085638&ch=C18DA1296B29F7072D9D45B0D7B55E21

A copy of the house judiciary letter requesting a special prosecutor to investigate here:  http://theulstermanreport.com/2011/10/04/house-judiciary-letter-requesting-special-prosecutor-investigate-obama-attorney-general-eric-holder/

The *fast and furious*  efforts to cover up nearly everything that happens in this administration are at best pathetic and at worst just plain criminal.  In its continued meltdown, reported the Weekly Standard’s Mark Hemingway,

CBS News investigative journalist Sharyl Attkisson — who’s been covering the scandal from the beginning — says in an interview on the Laura Ingraham Show today that the White House and Justice Department have taken to screaming at her for reporting on the story.

She went on to say that Eric Schultz from the White House and Tracy Schmaler from the DOJ screamed and yelled at her [respectively] for covering the F & F story.

Ulsterman’s tips from his Insider source continue to inform us about what is really transpiring in our White House and it is NOT pretty.  In fact, it makes the Watergate coverups look like high school pranks.  The sheer illegality, criminality and incompetency of it all boggles the mind.  And, what a surprise– someone finally reports the facts about what is actually going on in that madhouse in our capitol.  http://theulstermanreport.com/2011/10/04/white-house-insider-obama-%E2%80%9Cisolated%E2%80%A6ignorant%E2%80%9D/

Sadly, there are millions of us that tried, unsuccessfully to warn about the dire consequences that awaited us, notably Bettina Viviano, Gigi Gaston, and so many others.  www.wewillnotbesilenced2008.com

Many thanks to Ulsterman and his Insider source for this and all information they have so bravely and patriotically shared.

Racist of the day:  Janine Garofalo

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When the going gets tough, the Loser plays Victim.  Never has this been more relevant than now, as Obambisoetoro, grasping at straws for another four years of party time at our expense, seizes the Victim role with gusto.   Given his position–being both illegal and illegitimate, coupled with the rancid state of affairs in our once great country, it is the only strategy that makes sense–and that could be the ONLY landmark decision that comes of this administration of misery, catastrophe and clustermuck.  For, more than anything, Americans love an underdog.  They will root for the little guy every time:  David over Goliath, Overstock dot com over David Boies and Wall Street, Joe the Plumber over that big moneyed, small brained candidate.  And so, the only strategy left for this guy in our White House is that of the Victim.  Lord knows, that Hopey Changey thing fell flatter than yesterday’s flopped souffle, so this is it folks: The Underdog story.  They’re already bouncing it out there, trying it on for size, trying to get a little Underdog Recognition going out there, a la Truman.*

But that was then and this is now…not to mention the fact that that was Truman and this is…well, we’re STILL not really sure just WHO the individual residing in our White House is.

The fact is that Americans don’t trust Soetorobambisoebarkh or whoever he is and Townhall columnist John Ransom explains why:

The outlines of the Obama reelection strategy are becoming clearer.

The campaign will try to mirror Truman’s fighting tour against a “do nothing” Congress that is preventing the president from taking steps to rescue the US economy.

All that’s missing for Obama is a platform on the back of a high speed train from which he can harangue crowds.

For a guy battered and bruised by Congress and demoralized by his base, Truman’s strategy offers a glimmer of hope.

But don’t count on Americans to be gulled by Obama’s strategic argument with or without an assist by a magic bullet train. Obama’s no Harry Truman.

People wanted to believe that Truman was the straight-talking, guy-next door. And he was.

But no one would mistake Obama as a straight talker.

Fast talker? Yes.

In point of fact, the biggest single obstacle that Obama faces in getting reelected is that Americans don’t trust him anymore. Nor should they, based on results, history and the false premise under which he was elected.

Wanna know what Obama’s going to do in the future? Look at what he’s done in the past.

He might be the only president in the history of the country to vote “present.”

People wanted to believe in the hope-and-change hype; they gave Obama every opportunity to live up to the promise of a post-racial America.

They gave him the Congress, they gave him the money. They gave him the time. They even gave him a Nobel Prize in anticipation of his great, healing accomplishments. But he fell far short of the braggadocios, walk-on-water, presidential campaign that practically amounted to a confidence swindle out of a Mark Twain story.

That’s why the harder Obama campaigns, the less likely people will rally to his support.

Faux outrage by Obama will only serve to highlight how Obama fumbled his opportunities to cut some Gordian knots, politically.

Here are ten other reasons Americans don’t trust Obama to save the economy:

10) People have seen the president as disengaged from his job as president. Now according to Ron Suskind’s book, we have proof that Obama really is disengaged.

“His body language during these scenes is passive. He looks on and sits back as Summers, a master debater, hashes things out,” reports Bloomberg. “During one particularly acrimonious debate in March 2009, Obama leaves to get a haircut and have dinner with his family.”

9) Obama has no fixed principles on which the mass of Americans agree.

I can’t think of one policy the Obama administration has put forward which breaches the partisan divide.

8) The president comes across cocky, not confident on issues.

I think many voters have come to believe that they know more about economic issues than Obama does. And they would be right about that.

For a self-professed policy wonk, he sure seems to rely on advisors rather than his instincts. I think Americans suspect that the policy wonk talk is hyperbole designed to cover for his insecurity about his lack of knowledge.

7) He seems to always be hostage to some special interest. Whether it’s healthcare, bank reform or stimulus spending, Obama comes across either as a dupe or a known associate of a partner in crime.

He either doesn’t understand the implications of his policies or he fully understands them.

Americans will pick which is worse as they sit in a voting booth.

6) Obama tends to “double down” on problems rather than recognize something isn’t working. For example, rather than taking care to act outraged over Solyndra, Obama rushed to approve even more loans to companies as the loan deadline expired.

This is not an administration that the public thinks is a very good steward of money. And once again, they’re right about that.

5) The economic plan he’s tried hasn’t worked. The only things he’s changed are the excuse he uses.

Remember when he stopped talking about creating jobs and started talking about saving jobs instead? Remember how he told us all the economy was recovering in the first half of the year?

The American people will put up with sleight of mouth tricks like that for a bit, but will crucify you later for it. Read my lips, no new excuses.

4) Americans admire business success. That’s why we put guys like Warren Buffett and Bill Gates on such a pedestal and listen to them to the point of practically drooling over what they say.

Obama’s not promising the opportunity for unlimited success; instead he’s promising to everyone a limited type of security in lieu of success, which is alien to the American strive-and-succeed story.

3) The president’s base is hostile to the economic ideas that foster growth and reward merit, which are really the same thing.

The progressives believe in a top-down, centrally-planned economy with rewards doled out to favored groups based on a social outcome, rather than rewards based on economic merit.

Americans are sophisticated enough to understand that while a utility infielder may be overpaid at $1 million per year, that’s what the market will bear. They don’t necessarily begrudge the infielder his money. At the same time, they support a baseball owner’s right to make whatever profit he can.

This is the American way. Americans just want the right to be that infielder or major league owner based on merit.

Another example would be the administration’s attempt to create an electric car market in the US. Policies supporting the electric car market with government-created artificial incentives end up as constraints on the economy rather than incentives in the economy.

Americans want that car, like a utility infielder, to succeed on merit.

2) Obama won’t take responsibility for his failures.

It’s not just that he won’t take responsibility verbally. It’s that he won’t take responsibility policy-wise.

After enacting the stimulus plan that has contributed to the worst post-recession economic performance since the 1930s, Obama has back peddled.  But he’s also contributed nothing new to the debate besides trying to enact a smaller stimulus package.

Why would something that didn’t work previously work now because you are using a smaller version of it?

And lastly:

1) Obama lied about________________________________________ {fill in the blank and then report it to AttackWatch.com}.

And so it goes…as the old proverb says, “The dogs bark but the caravan moves on…”

*Truman’s famed Whistlestop tour included campaigning from the back of a train as it stopped at stations along the way, proclaiming his down home, honest image, and it worked. Against all odds and an already printed newpaper story proclaiming Thomas E. Dewey the winnter, Truman was the winner, leaving the Chicago Tribune with egg on its face and a morning paper with an incorrect headline.

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To those of us who grew up in the post war expansion comfort of a strong Dollar, it is difficult to conceive of things devolving the way they have in the last decade.  It is only through doing our own Due Diligence–reading, researching, heeding those whose expertise and research we trust and respect–that we can hope to obtain an objective view of what is really happening–and what will, most probably, happen in the future.  We who were blessed with the gifts of wide open opportunity, economic stability and endless potential for expansion grew up  believing that those comforts would remain ever-present in our lives.  Those who came to America willing to work hard could and did achieve wealth and success in the land paved with gold.  So it is particularly frightening–and indeed, surreal–to be facing issues the like of which dominate our lives in the early 21st century.  That which we thought could never happen has happened…and then some.  Things we believed were immutable have evaporated before our very eyes.  What was once sound advice about economic growth, investing, saving and The Market is now obsolete.  All we know is that, for those of us who are brave enough to be realists, things are different now, perhaps never to return.  We must forge ahead with new, and often unfamiliar rules, into unfamiliar territory, with nothing to rely upon but the wise words of some of the realistic sages and periodic reviews of history to guide us.
Thus I present for your edification some different ideas, predictions, and approaches for the months and years to come.
It is impossible to call the exact time that the U.S. dollar will collapse; I would be a fool to try. But I will tell you that I think our fiat monetary system is approaching the end of its lifespan right now. I certainly didn’t read the signs which predict hyperinflation until now. The signs that a hyperinflation is coming are detailed here. To qualify this post I will tell you that I am an avid reader, and I have a Masters Degree in administration, and a Bachelors Degree in history with minors in psychology and economicsI believe that a monetary collapse is fast approaching. I have been studying economic history to figure out how the U.S. could possibly have asset deflation when hyperinflation is what I was betting on. It seems counterintuitive that deflation could be occurring (cheaper assets) when liquidity is flooded into the economy from Federal Reserve policy.The problem with economies is that they are not machines. An economy is not controlled by the monetary policy of governments or central banks. Evidence of this is QE1 and QE2: the liquidity did nothing to free up credit markets. The QE did not work because, fear has taken center stage. People are not buying homes because it is hard to catch a falling knife-they are scared of depreciation and they are not secure in their jobs. Economies are controlled by people within the economy. People spend fiat when they are sure of their job security, and they have faith that the future will be secure. Fiat works well when people are secure. Machines do not have desires, and fears about the future. If the economy were a machine you would only have to give it gas and it would run faster. But when you gas an economy, you can never be sure of the result. In trying to re-inflate the housing market Ben Bernanke has caused inflation in other areas. Bernanke’s sworn enemy is deflation, and he will fall for the deflationary head fake very soon.What I discovered is that before hyperinflation there is always a period of asset deflation and a fiat currency rally. We are seeing that fiat rally in the U.S. dollar right now. Even gold and silver (both assets) are deflating as people clamor for U.S. dollars and U.S. Treasuries. This is one obvious sign of the impending fiat collapse. What is not disputed is that when people get scared, they raise cash or flee to the next best sure thing: U.S. treasuries. Cash is king: but this is only for a short time.

Federal Reserve has created money as a back stop to take the moral hazard out of every bad investment for some time. That easy money from the fed is “scared money” trying to find safety. Institutions now find it too risky to loan money to the American consumer. Americans have been losing their jobs and swimming in debts for years. The jobs that left are simply gone-and they are not coming back. These bailed out institutions can’t believe their good fortune and they pay their employees and executives with the easy money from the fed. People who would have lost their jobs when their institutions failed are also bailed out. But, these employees are not certain of the economy so they hang onto their money. They do not buy a bigger house, or a new car, and they spend less. They keep their money in U.S. dollars and treasuries which they believe are certain to be a store of value. The institutions freeze pay, and refuse to hire new employees or invest in job creation.It is all about the flow of capital. This is how it looks when money flows into the pyramid during credibility inflation. Picture this upside down pyramid as “credibility inflation” which has been occurring for the past forty years. Money flows into those investments which have “credibility”.This pyramid gets inflated over forty years by the Credibility Inflation. It is important to note that this money is mostly easy credit so risk taking is amplified by the availability of this easy money. You will notice that the dollar is at the bottom of the pyramid, right above gold. For the past forty years people inflated all manner of bubbles and asset classes with easy credit. Think: dot com bubble; think real estate bubble; think commodity bubble. So now with credibility gone the deflation has been occurring in: stocks, real estate, commodities, crude oil. Now as capital exits the assets, businesses and derivatives it flows down and the U.S. dollar certainly sees a rally. But the rally in the U.S. dollar will be short lived. You see, the dollar is not the true foundation of the pyramid and it is neither an asset nor real money. It is merely a “symbolic currency”. And as such, its value can be EASILY controlled by the Fed. It is not decades away, it is happening right now. Sure, it is true that people need dollars to pay off their debts. That is because it is legal tender. As the higher levels on the pyramid have simply become too dangerous for storage of wealth there is really only one place for capital to flow to and that is the U.S. Dollar-and eventually Gold!
Although gold is experiencing deflation now (I know it is counterintuitive) it makes perfect sense that all assets deflate before a hyperinflationary period. You can take comfort in the knowledge that this is indeed a buying opportunity and maybe your only chance to dump fiat. The flight to quality will certainly end up in gold-and there is not enough gold to accommodate the conversion of all fiat. Right now capital is racing to safety….


Countesy of FOFOA-All fiat currency is a short position on gold.
Notice the bottleneck at the bottom of the pyramid? That is because there are not enough U.S. dollars or gold to supply everyone who will want them. This sounds wrong doesn’t it? Well you should know that the U.S. holds 90% of the money supply in reserve. Only about ten percent of the U.S. dollars are actually in circulation. Most of the money supply actually only exists in the form of zeros and decimals in bank computers. When people rush to banks to get their fiat, there will have to be a bank holiday to get fiat to the banks. And after that rush to fiat, when fear chases people out of the dollar there is not enough gold in the world to convert the trillions in fiat which will seek conversion from zero value paper. All of the gold in the world has a value of about 9 trillion dollars. The debt of the U.S. alone is almost twice the value of all gold in the world.
Don’t ask me to lock down an exact time that this will occur. In every country which experienced hyperinflation it was like lightning had struck. What I have done is researched what actually occurs directly before a period of hyperinflation.Here is the progression which confirms the hyperinflationary direction.
1. Monetization of bad debts is the beginning-bailouts, car and home buying subsidies-buying all bad debts and FDIC insurance-nobody loses
2. Deflation of assets is the second stage-as people become fearful of investing; also fearful banks invest in safe assets-like cash and treasuries
3. A rise in the value U.S. dollar will follow-(happening now) up 13% since flirting with 71.
4. Next is the collapse of the dollar when fear takes over and the dollars will immediately seek conversion to valueIt is only after #4 in the progression that the Federal Reserve will resort to printing money in greater quantity to meet their obligations. The fear is what causes the hyperinflation: the fear of holding dollars which are supposed to be a store of value. Businesses will demand cash and reject checks and credit cards before the hyperinflation takes hold. Fiat currency is king since you can theoretically redeem fiat for living expenses. Fiat is all people know-they have been taught to trust it from all of the talking heads on CNBC; and from the promises of their government.

You see most of this has started already. It has begun and yet the fear has not gripped the public yet. They have not recognized the deflationary head fake. When people do suddenly realize what is happening it will be too late to preserve your wealth or gather what you need to sustain you through the hyperinflationary time.

Zimbabwe didn’t have billion dollar notes when hyperinflation started. They only had Z$100 notes just like the US. The million and billion dollar notes followed the onset of confidence collapse as the government printed to survive.

The next chart is the “deflationary head-fake” (Argentina) right before the onset of hyperinflation as the private bank credit money disappears…

So first comes hyperinflation, then, and only then, comes the massive printing as the central bank tries desperately to keep the government functioning. So don’t look for massive printing to see hyperinflation coming. Look for the monetization of bad debt (already happened) and the first signs of real price inflation (we are seeing it now in food and health care 10%), even in the face of apparently deflationary forces.

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