Home » Forums » Daily Paul Liberty Forum

0 votes

Fed Reserve Employee under Geithner! Reveals Hyperinflation Guaranteed! SOON!

Submitted by Rhonda15 on Sun, 03/08/2009 - 08:14
in

http://www.youtube.com/watch?v=cHUepjsIxV4&feature=ytn%3Ampt...

don't know how reliable a source george4title is - but i thought it worth posting

another cool vid:
http://www.youtube.com/watch?v=vNd_OHpa7gE&feature=ytn%3Ampt...


»

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Part of the plan for theft of our resources . . . .

Submitted by RawfoodLiberty on Sun, 03/08/2009 - 12:30.

. . . . and big ticket items like land.
Hyperinflation benefits the very wealthy few.
Stop the fed. Stop the bail outs.
Let it all go bankrupt, it's a better plan.
Being bankrupt merely means you get bailed out by those directily affected, and a more precise and affective cure. Even in bankruptcy, businesses can come back.
But to reward psychopathic behaviour and deceit with bailouts will only insure the continued poisoning of the farmlands and further extinction of living things and creatures. And of course, oppression is rampant and makes for a violent quality of life to be acceptable. Sick.
End the Fed.
End the war on drugs.
End the industrialization of agriculture and animals.

—

And never forget, “Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”

Here's a direct link to the

Submitted by john2k on Sun, 03/08/2009 - 12:15.

Here's a direct link to the discussion on the goldismoney website: http://goldismoney.info/forums/showthread.php?t=355418

—

...

thanks for the post

Submitted by SIERRAHPBT on Sun, 03/08/2009 - 10:17.

thanks for the post Rhonda... does not hurt to be informed.

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

—

"Ineptocracy: a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed are rewarded with goods and services paid for by the confisc

I think revaluation to a currency other than USD is possible

Submitted by xxx-by_request2 on Sun, 03/08/2009 - 09:59.

I think that's a real possibility. One of the hardest hit countries in Europe was Italy when they converted to the euro. Millions of Italians had saved for retirement in lira only to find they had about half of what they thought they'd have when converted into euro...Not good. I think a good idea is to do what you can to pay down your debt, BUT, buy hard assets and start packing away supplies. As the speaker on the video said--when you buy stuff, buy two...

Oh God. Here we go again. George4Title is a scam artist

Submitted by MikeLawson on Sun, 03/08/2009 - 09:57.

Don't trust anything he posts. I get so tired of typing this. But I'm going to keep doing it until people stop buying his BS. The word "Gullible" is not in the dictionary.

—

Explore Orthodox Christianity

it's useless Mike. Nobody

Submitted by NeoConned on Sun, 03/08/2009 - 12:26.

it's useless Mike. Nobody here listens man. Hence the reason we keep getting stuff from hal turner, david "reptilian" icke, and all the other crackpots/frauds posted to this site.

I have used the same source

Submitted by Gmartine on Sun, 03/08/2009 - 09:52.

I have used the same source "george4title". He posts alot of Schiff. I believe he is credible.

The point of hyperinflating

Submitted by joechip on Sun, 03/08/2009 - 08:59.

The point of hyperinflating is to decrease the cost of previous borrowing. It's part of the reason why the public has been okay with a constant increase in the money supply. Borrowers are bribed and savers are punished.

I still would recommend paying off as much debt as possible b/c that is the surest path to a positive cash flow position in the face of higher prices for necessities. But, the last thing that will happen is revaluing the debt on top of hyperinflation. That is doubly insane and a sure-fire recipe for uncontrollable civil unrest.

Service your debt, but still save some in the form of physical gold, even if it is a very small amount. Gold is the undervalued currency and by Gresham's Law is being driven out of circulation. In the case of hyperinflation, that currency will fail and gold will return from your savings and go into circulation.

But, if you don't have the money to do both, service your debt.

Ta,

—

Every decent man is ashamed of the government he lives under. -- H.L. Mencken

Blog: The Present in Plain Text
Listen to The Myo-Tonics on YouTube

Service your debt? That's BS.

Submitted by Fedor on Sun, 03/08/2009 - 09:32.

They will not re-value assets, so your debt will be easier to payoff during hyperinflation or not at all. I love hearing people tell folks to service their debt first, not buy tools and supplies to survive a food shortage, etc. Great advice, use the small amount of time we have left and blow your capital on servicing your debt. What a joke. Buy tools and supplies FIRST. Or Land. If your debt is unsecured there is very little chance they will go after you in this climate, too many people. Protect your family and use your capital to buy real items that will allow you to generate food, water, barter, etc. Your unsecured debt should be the last thing you "service".

I agree fedor.... you must

Submitted by SIERRAHPBT on Sun, 03/08/2009 - 10:15.

I agree fedor.... you must first protect yopur family and aquire the things you need to live.. land , tools food silver gold, in that order.. like it or not we are going back to the 18th century for a while.. you need to become as self sufficient as possible.

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

—

"Ineptocracy: a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed are rewarded with goods and services paid for by the confisc

Everybody's Situation Is Different

Submitted by libertyvini on Sun, 03/08/2009 - 09:55.

Some people are smart or lucky enough to be in a good financial position to "benefit" from the inflation, if you have a secure source of income that can cover your debt payments you will be way ahead of the game.

Other people, who are carrying too high a debt load for their financial situation SHOULD pay down some of their debt now so they can use the interest saved thereby to buy gold, guns, or groceries.

We do not know how long this collapse might take, nor just what they have up their sleeve, so do not neglect your overall financial picture, including debt, while they still have the power to harm you.

Of course it is probably a good idea to sell of or let go of debt purchases that are preventing you from accruing prudent resources. If your house or car payment are onerous, or your income streams shaky, maybe now is the time to sell or let go...only the individual can make that decision, survival may be the most important priority for some.

The Liberty Guys
Promoting Liberty, Peace, and Free Enterprise
www.libertyguys.org
www.campaignforliberty.com

—

The Liberty Guys
Promoting Liberty, Peace, and Free Enterprise
www.libertyguys.org
www.campaignforliberty.com

I agree

Submitted by Fedor on Sun, 03/08/2009 - 10:12.

I think we both know time is short. A year? Two? 6 months? That is not a long time and the economy is shrinking, along with 401ks. So we can assume most people's income will grow smaller. Making it more difficult to save capital. Or have much left over to buy supplies. The situation is fluid and could change suddenly. We are witnessing an historic event. Massive. It may be time to play it safe and prepare completely NOW

again I agree! "When

Submitted by SIERRAHPBT on Sun, 03/08/2009 - 10:16.

again I agree!

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

—

"Ineptocracy: a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed are rewarded with goods and services paid for by the confisc

Amen ..

Submitted by nomad943 on Sun, 03/08/2009 - 09:37.

If anything, the climate is dictating that the prudent course of action is to borrow more. With the fed telegraphing a massive devaluation, debt is an insurance policy.

Well, If You Are Going To Do Something That Risky

Submitted by libertyvini on Sun, 03/08/2009 - 10:34.

...use the money to buy hard assets that can be sold. The 2005 bankruptcy law makes it much harder to discharge debts, and nearly all of your assets are fair game. 'Nuff said.

The Liberty Guys
Promoting Liberty, Peace, and Free Enterprise
www.libertyguys.org
www.campaignforliberty.com

—

The Liberty Guys
Promoting Liberty, Peace, and Free Enterprise
www.libertyguys.org
www.campaignforliberty.com

Bankster

Submitted by Rhonda15 on Sun, 03/08/2009 - 08:28.

http://www.youtube.com/watch?v=vNd_OHpa7gE&feature=ytn%3Ampt...

----------------------------------
"The essence of freedom is the proper limitation of government". ~ Founding Fathers

Boycott Israeli goods!
http://www.inminds.co.uk/boycott-leaflet.html

—

----------------------------------
"The essence of freedom is the proper limitation of government". ~ Founding Fathers

very interesting - thanks for posting

Submitted by paul4won on Sun, 03/08/2009 - 08:25.

The warning at the end bears repeating:

When hyperinflation hits, we will all be swimming in currency. PAY OFF YOUR DEBT before the new global currency is introduced, or your assets will be re-valued at the hyperinflated price!

Also, note the comment that the SILVER caught the man's eye. I am no one special with no inside knowledge, but I KNOW that the medical properties of silver are being marginalized and suppressed... When they unleash the pamdemics, I suspect silver may become more precious than all other metals really, really quickly.

—

Truth exists, and it deserves to be cherished.

or not

Submitted by Fedor on Sun, 03/08/2009 - 08:39.

Pay off your debt IF you have the EXTRA capital. I would suggest folks secure food, generators, general supplies, farming tools, etc well before they pay off their debts. Those corporations have already been paid. Take care of yourself and family, first. Hyperinflation could make it much easier to pay off debts. I doubt they will re-value assets that quickly. Meaning you will have a extra suitcase full of cash to payoff "debts"

good point, I made an assumption in this crowd

Submitted by paul4won on Sun, 03/08/2009 - 12:32.

Become self sufficient FIRST and foremost. That is real liberty, the only real kind, I think.

—

Truth exists, and it deserves to be cherished.