What Does a Currency Collapse Look Like?
Dave Hodges
July 15th, 2013 |
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This analysis has been contributed by The Common Sense Show.
In Part one of this series, I detailed how this administration has set themselves up to roll out martial law like no other martial law in history. Part one further revealed that the mechanisms needed for hard-core martial law are either active or merely waiting in the wings. All that is needed for unmistakable martial law to be rolled out in its entirety, is for the right trigger event to take place.
I am amazed at the abject ignorance of the American people and that they think the Federal Reserve is actually part of the federal government. As we like to stay in the alternative media, the Federal Reserve is no more federal than Federal Express.
The major cause of the present calamity is fractional reserve banking. When the government goes to the private Federal Reserve and asks for one trillion dollars, the federal reserve gets to print one trillion for the government, at interest, and 10 trillion dollars for themselves and to lend out at high interest rates. This inflationary practice erodes the value of your dollar while enriching our Federal Reserve masters. Ultimately, the currency upon which we depend on will be destroyed and life as we know it will be changed forever.
We are all familiar with the concept of inflation, which is the intentional byproduct of the Federal Reserve. But I am not just talking inflation, I’m speaking about hyperinflation which is caused by the collapse of the value of the currency resulting in runaway prices. Here are three examples of how quickly a currency collapse can occur when a nation’s money when its money no longer holds it value:
1. In Weimar Germany, from 1922 – 1923, prices doubled every three days.
2. In the modern era, in Yugoslavia from 1992-94, witnessed prices doubling every 34 hours.
3. In Zimbabwe, in the two year period from 2007 – 2008, prices doubled every 25 hours.
History is replete with examples of currency collapses and they typically follow very predictable patterns in which a nation unravels and social chaos, and many times, widespread violence and even genocide becomes part of the national landscape.
Hurricanes Katrina and Sandy demonstrated that gas stations will be bone dry within two days following a complete collapse. Subsequently, commerce will not move. If you are on vacation like I presently am, you may not make it home. On the second day following a currency collapse, being on the road will be a risky endeavor because of other desperate motorists.
With no available fuel, the grocery and drug stores will be empty within one to three days. There will be no food to be had except for that which is decaying in your refrigerator and that in which you can beg, borrow and steal from your neighbors who will also be begging, borrowing and stealing. If you have an adequate food and water supply, you better have an adequate gun and ammo supply in order to defend your assets. And when will you sleep? The protection of your critical assets is a 24/7 proposition. Therefore, having a cooperative survival plan is critical.
Without gas, people will stop going to work. Corporations will disappear overnight. Hurricane Katrina showed America that the police cannot be expected to stay on the job more than 48-72 hours as they will be home protecting their families and foraging for food and water like everyone else. The emergence of former police gangs will become common in an effort to secure the products which will ensure survival. Therefore, when your home is under attack, there will nobody to call. Everyone will be on their own.
The elderly and the chronically ill will be the first to die. Too old to defend their assets, the elderly will find themselves overpowered as they will make easy preys of opportunity for the roving gangs. The chronically ill will have no way to procure their medication and even if they survive the looting rampage which will follow a currency collapse, these poor souls will perish without access to their life-sustaining prescriptions.
The money in your wallet will be useless. Cell phones will not work. Heating and air conditioning will not work either and depending on the time of year, the environment could prove deadly to untold numbers of people.
Water treatment plants will stop operating for the same reasons that you will not be able to find a cop during this crisis nobody will be manning the water treatment plants. Toilets will back up and diseases will spread like wildfire. Something as simple as toilet paper will become a prized commodity. There will be no trash pickup and more disease will result due to the increased rodent population.
Clean drinking water and hunger will become the dominant motivator in society. Roving bands of looters, turned murderers, will sweep through neighborhoods seeking to obtain these critical elements of survival. Young women will sell themselves for a can of food for their children. Society will see the widespread loss of human dignity and self-respect.
Infanticide and euthanasia of the weak will become common events because there will be decided efforts to reduce the amount of mouths to feed. There will be the stark realization that the lights are not coming back on and the ensuing sense of hopelessness will lead to murder-suicides within families and simple incidences of suicide will be used as a means to escape the horrendous circumstances.
The reasons behind the creation of Executive Order 13603 will soon become readily apparent. You will retain ownership over nothing including food, water, guns, ammunition, your house, your car and even yourself. If you survive, you will be conscripted to work in some capacity in a specialty and location not of your choosing. On a positive note following this catastrophe, the debate over the existence of FEMA camps will be quickly determined and your NSA threat matrix score, resulting from their illegal surveillance, will have a lot to do with whether you survive or are executed as an enemy of the state. There is one ironclad thing that you can count on, food and water will be used to control the people following a currency collapse.
In short, there will be nobody riding in to rescue the United States. Despite some rebelling against the dollar, the world is still dependent upon our currency. When the currency collapses it will pull the rest of world down with us. The subsequent collapse of global currencies will indeed constitute a major depopulation event and all the elite have to do is wait it out in places like the tunnels under Denver International Airport.
During this time, Americans will truly discover if there really are FEMA camps and what they will be used for. If people want to eat, they will be enticed to go where food is promised. Although you can count on the above mentioned events transpiring in the event of a currency collapse, what lies ahead is unknown to a large extent because the top dog will not have been economically obliterated in modern history.
Dave Hodges is an award winning psychology, statistics and research professor, a college basketball coach, a mental health counselor, a political activist and writer who has published dozens of editorials and articles in several publications such as Freedom Phoenix, News With Views, and The Arizona Republic.
The Common Sense Show features a wide variety of important topics that range from the loss of constitutional liberties, to the subsequent implementation of a police state under world governance, to exploring the limits of human potential. The primary purpose of The Common Sense Show is to provide Americans with the tools necessary to reclaim both our individual and national sovereignty. You can follow Dave’s work at his web site, on Facebook and Twitter.
In Part one of this series, I detailed how this administration has set themselves up to roll out martial law like no other martial law in history. Part one further revealed that the mechanisms needed for hard-core martial law are either active or merely waiting in the wings. All that is needed for unmistakable martial law to be rolled out in its entirety, is for the right trigger event to take place.
Will It Be a False Flag Attack Or a Currency Collapse?
My
initial response to that question is, does it really matter? The
pattern of societal collapse and subsequent governmental enslavement of
the American people will be largely the same whether the precipitating
incident is a false flag attack or a currency collapse. For the purpose
of simplicity, let us call the precursor event to all-out martial law, a
currency collapse.
The Federal Reserve Is the Enemy of Humanity
The Federal Reserve has been bleeding this country to death for
exactly one century. What the dollar bought 100 years ago, can only buy
three cents of product today. This means that 97% of the value of our
currency has gone into the pockets of the Federal Reserve.I am amazed at the abject ignorance of the American people and that they think the Federal Reserve is actually part of the federal government. As we like to stay in the alternative media, the Federal Reserve is no more federal than Federal Express.
The Dollar Is Diving
The world is running from the dollar. Until recently, our dollar was
used as the currency of international trading. Further, the dollar was
also the reserve currency for oil. All foreign countries wishing to
purchase oil from the Middle East, first had to purchase dollars from
the Federal Reserve. After FDR took us off the gold standard during the
Great Depression and Richard Nixon finished the task of providing
America with a totally Fiat currency, the only backing that our dollar
enjoys is that of being the reserve currency for both trading and for
oil (i.e. the Petrodollar scam).The major cause of the present calamity is fractional reserve banking. When the government goes to the private Federal Reserve and asks for one trillion dollars, the federal reserve gets to print one trillion for the government, at interest, and 10 trillion dollars for themselves and to lend out at high interest rates. This inflationary practice erodes the value of your dollar while enriching our Federal Reserve masters. Ultimately, the currency upon which we depend on will be destroyed and life as we know it will be changed forever.
A Changing of the Financial Guard
Today,
many important nations are running from the dollar. Countries such as
India, China, Iran, Japan, and Australia have signed their own trade
agreements and their currency of choice is no longer the dollar!
When the collapse of the dollar occurs, it will literally and
figuratively come like a thief in the night, and I do mean overnight!We are all familiar with the concept of inflation, which is the intentional byproduct of the Federal Reserve. But I am not just talking inflation, I’m speaking about hyperinflation which is caused by the collapse of the value of the currency resulting in runaway prices. Here are three examples of how quickly a currency collapse can occur when a nation’s money when its money no longer holds it value:
1. In Weimar Germany, from 1922 – 1923, prices doubled every three days.
2. In the modern era, in Yugoslavia from 1992-94, witnessed prices doubling every 34 hours.
3. In Zimbabwe, in the two year period from 2007 – 2008, prices doubled every 25 hours.
History is replete with examples of currency collapses and they typically follow very predictable patterns in which a nation unravels and social chaos, and many times, widespread violence and even genocide becomes part of the national landscape.
What Does a Currency Collapse Look Like?
Generally, when the currency collapses, a stock market crash is right
on its heels. Because of the repeal of Glass-Steagall, a banking
collapse will immediately occur following the collapse of the stock
market. Your life savings will be wiped out. From this point on, the
effect cascades like a roaring tsunami racing across the open ocean.Hurricanes Katrina and Sandy demonstrated that gas stations will be bone dry within two days following a complete collapse. Subsequently, commerce will not move. If you are on vacation like I presently am, you may not make it home. On the second day following a currency collapse, being on the road will be a risky endeavor because of other desperate motorists.
With no available fuel, the grocery and drug stores will be empty within one to three days. There will be no food to be had except for that which is decaying in your refrigerator and that in which you can beg, borrow and steal from your neighbors who will also be begging, borrowing and stealing. If you have an adequate food and water supply, you better have an adequate gun and ammo supply in order to defend your assets. And when will you sleep? The protection of your critical assets is a 24/7 proposition. Therefore, having a cooperative survival plan is critical.
Without gas, people will stop going to work. Corporations will disappear overnight. Hurricane Katrina showed America that the police cannot be expected to stay on the job more than 48-72 hours as they will be home protecting their families and foraging for food and water like everyone else. The emergence of former police gangs will become common in an effort to secure the products which will ensure survival. Therefore, when your home is under attack, there will nobody to call. Everyone will be on their own.
The elderly and the chronically ill will be the first to die. Too old to defend their assets, the elderly will find themselves overpowered as they will make easy preys of opportunity for the roving gangs. The chronically ill will have no way to procure their medication and even if they survive the looting rampage which will follow a currency collapse, these poor souls will perish without access to their life-sustaining prescriptions.
The money in your wallet will be useless. Cell phones will not work. Heating and air conditioning will not work either and depending on the time of year, the environment could prove deadly to untold numbers of people.
Water treatment plants will stop operating for the same reasons that you will not be able to find a cop during this crisis nobody will be manning the water treatment plants. Toilets will back up and diseases will spread like wildfire. Something as simple as toilet paper will become a prized commodity. There will be no trash pickup and more disease will result due to the increased rodent population.
Clean drinking water and hunger will become the dominant motivator in society. Roving bands of looters, turned murderers, will sweep through neighborhoods seeking to obtain these critical elements of survival. Young women will sell themselves for a can of food for their children. Society will see the widespread loss of human dignity and self-respect.
Infanticide and euthanasia of the weak will become common events because there will be decided efforts to reduce the amount of mouths to feed. There will be the stark realization that the lights are not coming back on and the ensuing sense of hopelessness will lead to murder-suicides within families and simple incidences of suicide will be used as a means to escape the horrendous circumstances.
Humanity’s Darkest Hour
There will come a time when all the available animals will be
devoured and then there will be only one place to turn to for food.
History shows that cannibalism will set in by the beginning of the third
week. Extreme hunger will lead to humans hunting humans as an available
food supply. This will begin to occur within 15-20 days following the
currency collapse.
The Government’s Version of the Final Solution
If the establishment military has properly planned, they will move
into take control but they will not move quickly. The more death there
is, the fewer people there will be to control. Government will typically
move in with their solutions towards the end of the second week.The reasons behind the creation of Executive Order 13603 will soon become readily apparent. You will retain ownership over nothing including food, water, guns, ammunition, your house, your car and even yourself. If you survive, you will be conscripted to work in some capacity in a specialty and location not of your choosing. On a positive note following this catastrophe, the debate over the existence of FEMA camps will be quickly determined and your NSA threat matrix score, resulting from their illegal surveillance, will have a lot to do with whether you survive or are executed as an enemy of the state. There is one ironclad thing that you can count on, food and water will be used to control the people following a currency collapse.
Who Will Help Us?
When past currency collapses occur, organizations such as the World
Bank, the IMF, the UN and the US have appeared to render their predatory
version of help in exchange for control of critical infrastructure and
other capital considerations. Because of this aid, more people survived
in the impacted areas. However, what happens when the top dog collapses?
Who would be able to come and render aid in America? Even in a world
disgusted by our imperialistic ways would offer help, could they? Not
under the coming circumstances could anyone offer help because they will
be in a worse situation.In short, there will be nobody riding in to rescue the United States. Despite some rebelling against the dollar, the world is still dependent upon our currency. When the currency collapses it will pull the rest of world down with us. The subsequent collapse of global currencies will indeed constitute a major depopulation event and all the elite have to do is wait it out in places like the tunnels under Denver International Airport.
During this time, Americans will truly discover if there really are FEMA camps and what they will be used for. If people want to eat, they will be enticed to go where food is promised. Although you can count on the above mentioned events transpiring in the event of a currency collapse, what lies ahead is unknown to a large extent because the top dog will not have been economically obliterated in modern history.
Conclusion
Obama
is willing to talk about the 17 trillion dollar deficit. However, you
never hear the government nor the media discuss the real debt? Our real
financial obligations total 240 trillion dollars through programs like
social security, Medicare, public pensions and welfare. Subsequently, I
want to make one thing abundantly clear; It is not a matter if we are
going to have a currency collapse, it is when. And the when is much
sooner than later. It could happen tomorrow, next month and even next
year. We do not have two years left in the American economic engine. A
currency collapse is nothing that I look forward to, and people who
intend on surviving the event should be in the midst of their
preparations.Dave Hodges is an award winning psychology, statistics and research professor, a college basketball coach, a mental health counselor, a political activist and writer who has published dozens of editorials and articles in several publications such as Freedom Phoenix, News With Views, and The Arizona Republic.
The Common Sense Show features a wide variety of important topics that range from the loss of constitutional liberties, to the subsequent implementation of a police state under world governance, to exploring the limits of human potential. The primary purpose of The Common Sense Show is to provide Americans with the tools necessary to reclaim both our individual and national sovereignty. You can follow Dave’s work at his web site, on Facebook and Twitter.
This is one area where I do disagree with you, Eric. I don't think there will be hyperinflation in this country, at least not immediately. I would be more concerned about capital inflows and a stronger dollar due to deflation, at least on the onset. I don't see an inflation scenario much less hyperinflation scenario until about 2015 or 2016. Martin Armstrong, for me a respected financial analyst, is saying pretty much the same as I am regarding this.
ReplyDeleteWe would be collapsing already but the volatility in the European and Japanese markets is going to send capital our way. China is going to back its yuan with gold, as well as the other BRIC countries. When that happens, zai jian, adeus, i do svidanya to the dollar.
That won't happen for another two years. Albeit there will be movement in that direction starting in a month or two.
SAMIZDAT
Having experienced high levels of hyperinflation personally in my daily life and some of the political ramifications that come from such an experience, I don't think the massive levels of social unrest leading to "martial law" and other fears are much of a concern.... at least by themselves. I literally used paper currency as toilet paper because it was cheaper than the real thing, and there were some other odd experiences that I had, but it is something ordinary people can cope with and even raise families.
ReplyDeleteIt isn't pleasant, and I'll admit that the poor are hurt far worse than those who are wealthy. It is also a good indication of a horribly corrupt government that has a great many other flaws and is doing things that have essentially put them into bankruptcy. It also won't be something that will hit "overnight", but it will still be a bad thing that governments will try to fight eventually... with things like wage and price controls and other sorts of authoritarian measures that simply won't work either.
Regardless, people will survive, and enterprising people will create "black markets" to get around government regulations when the government and the markets aren't working at all. Even is Soviet Russia, the government there ignored these black markets as they were needed for a proper functioning of society.
Perhaps pogroms and other kinds of ethnic cleaning might happen with a completely corrupt American government. This will be however an addition to and not a direct result of even an economic collapse.
I'll also say this: If America collapses, the rest of the world is completely screwed. As bad as it will be in America, it will be far, far worse in "3rd world" countries and even Europe will be a nightmare where people living there may even wish to move to America... at that time when it happens.
The ideas that the founding fathers established when America was created as a nation also won't go away. A thousand years from now, there will be an America, and all of this concern about what evil groups are currently doing will be something that will only be of concern to historians. I'm not promising that the Constitution of 1787 will still be in effect, but America will be around, and I believe it will even be a shining beacon of liberty to the people of the world.
Anyone can make any claim they want...the more fantastic and the more horrific, the more readily some will accept it. I am skeptical. No, a serious doubter. Wait, ah, never mind
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