Friday, July 29, 2011

paper money

http://www.caseyresearch.com/editorial.php?page=articles/thousand-pictures-worth-one-word&ppref=GLD207ED0711A

The attached is actually a good illustration of what is now happening in this world of fiat money.
Just on the observational practical issue all of these bills have men in various stances.
We'll one has a mythical women or maybe the goddess of treasure playing Joan of Arc.

But what is not discussed is how will the continual downgrading of the nations money be dealt with
and irregardless of the current balancing the budget circus.
Since all we have in consumer products is imported either from oil producers or China for personal consumer products they will have the clout and will soon want something they can either resell or trade.
And i don't think that is going to any longer be the greenish buck. And especially if everyone is continuing to try and unload the turnip truck on which ever bumpkin they might find.

And that's when we actually begin to feel the heat of inflation. When we want something that is a necessity and imported from out there.

And then what happens when our money truly becomes just paper and no longer a form of mass insanity and no one internally and over night in the Empire wants to continue to play 'Monopoly'?
I would think the tip off will be when transactions are just multiplied by ten.
I say ten as it's and easy number and when using an evident fake means of exchange their needs to be real incentive involved to persuade people to engage.
Tex ting will be the tool of the moment as it won't any longer be a concern as to where shall we meet? But more like: What is the going rate for......... where you are living?
Of course, the sellers will by this time have begun to hold back the valued merchandise as the price will not justify the
sale, as the replacement will cost more than 'today's' transaction. So trash will be plentiful and necessities dear.
Manufacturing will be the hardest hit as no aspect will continue to be stable.

Getting lenders for term transactions will have also broken down and everyone will go into hoard mode.
Yes, the good ole boys and even if they be girls, will feel real heat as they will have the least monetary flexibility.
Will the call be for dismantling the corporations and hanging the bankers? Not really, as what good ole boys always want is some one simple and strong to tell them what to do. And some group and preferably one they already hate to be blamed and punished. And that also being a minority if possible that doesn't include them.
Yeah, this is soon followed by a great white leader who then can be stuck on the new paper "money".