The TRUTH About Inflation & The CRASH To Come!

Josh Sigurdson talks with author and economic analyst John Sneisen about the recent news that inflation in the United States reached an 6 year high.
Breaking down this news, we take a trip through the past, present and future of inflation, why it happens and what can be done.
Inflation is a hidden tax and it’s an absolute scourge. One of the greatest reasons we see such vast poverty today is due to inflation. The purchasing power of fiat currency falls like a rock as vast printing, quantitative easing and fractional reserve lending lead to vast debt and devaluation.
This results in our food going up in value alongside everything else.
Currently the official numbers show the U.S. has an inflation rate of about 2.9%. This is incorrect when you look at the shadow stats by John Williams assessing the 1980s charts which show inflation is closer to about 10% in the United States. Talk about a jump.

We look at inflation and currency devaluation throughout history. For example, the Weimar Republic’s hyperinflation, Zimbabwe’s homeless trillionaires, Argentina’s obsession with printing currency, South Sudan, Suriname, Croatia and of course Venezuela who is dealing with a massive crisis as we speak.

Then we look at the present situation and with that lead into the future of this racket. The centrally planned cashless society. It’s a desperation move as the Federal Reserve attempts to pull interest rates up so they can drop them out without going negative, but it won’t work. Between 2008 and 2012, the Fed dropped interest rates 5.5%. That simply put off the crash. It didn’t fix anything. Now the weight is even heavier on our shoulders, interest rates will have to go negative like Sweden which played right into their cashless system.
If your money’s in the bank, it’s not yours, it’s the bank’s and if your money’s always going through the banks via digital transactions and legal tender laws, it’s NEVER your money and it’s ALWAYS the bank’s. That makes you a puppet of the banking and governmental system.
There appears to be a massive attempt out of Sweden, China and India to be the test grounds for the global centrally planned cashless society where one cannot stop a bank run, a bail-in, surveillance, etc. But of course a great part of value is scarcity and by creating vast currency at an endless rate, you lose scarcity, so you lose demand and you end up with a worthless currency.
Cryptocurrencies on the other hand when fundamentally useful stand to be a solution to this madness. Scarcity, application use and demand are what makes silver and gold so useful as wealth insurance. The same goes for Bitcoin as a new revolutionary way to free individuals from the central banking system. We go into many solutions for free individuals.

Remember, all fiat currencies eventually revert to their true value of zero, they always have, they always will going back to 1024AD in China. This time will be no different. Though, the fundamentals are off the table due to the level of manipulation in the monetary system and the markets, so one cannot put a date on it, we just know it will happen and for that reason it’s better people are overprepared than underprepared. History has taught us that this system of collectivist centralization will revolve in circles for eternity as long as we do not understand it. So either you as an individual should learn to control your money, or your money will control you. This is why we need to hand it to individual demand on the free market. Competing currencies. No more fiat.

Stay tuned for more from WAM!

Video edited by Josh Sigurdson

Featuring:
Josh Sigurdson
John Sneisen

Graphics by Bryan Foerster and Josh Sigurdson

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World Alternative Media
2018

“Find the truth, be the change!”

(1812)

About The Author
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29 Comments

  • Nick Collishaw
    Reply

    Excellent excellent work guys. People need to open their eyes engage their critically objective minds and give their life some meaning and purpose in support of the last hope we have to save their dying hopes of some prosperity and the last vestiges of Liberty, or face a new world order of enslavement and ultimately perhaps perish for their apathy indifference and plain ignorance

  • Mike Combat
    Reply

    Slow down! Please! This high speed ranting is not a good way to get peoples attention. Too much, to fast, makes people look another way. Trust me.
    Just saying. Thank you for all your good work. I follow you and trying too spread your word.

  • Jim Mathers
    Reply

    Not calculating M3 is insane which fits right in with all the other insanity on every level now. Everything is fiction and fantasy.

  • Website guy
    Reply

    TRADE GOLD AND SILVER AND NO COLLAPSE. CRYPTOS ARE GOOD FOR BIG BUSINESS TRANSFER BUT GOLD AND SILVER AS CURRENCY AS LONG AS GOLD AND SILVER ARE SPENT AS CURRENCY THEM THEY WILL ANCHOR ALL CURRENCIES WITH NO ADDITIONAL LAWS NEEDED.

  • Website guy
    Reply

    Crypto alone will be taken over. We must legalize gold and silver as currency. Truth is almost none will use it but it forces honesty in currencies. Paper gold and silver that cant be cashed in would have to be eliminated.

  • underscr0e
    Reply

    I have a question about the next crash and maybe recession, I want to pull 20% out of the stock market for cash and 25% for gold, gold is somewhat low right now. Now my question is how to buy and sell gold without much of a loss on fees etc. I can buy a few 10000 bars from the bank, but how would you sell those bars afterwards for the best price? I assume the minted coins would take more of a loss.

  • Moira Egan
    Reply

    The expression is, “The love of money is the root of all evil.” Underline love. That’s totally different from money (alone) being the root of evil.
    Thanks John and Josh for another great heads up for all.

  • Fred Rock
    Reply

    too late your generation and younger don’t know anything nor want to learn how to do anything in the real world

  • Kholke Holkepolke
    Reply

    Look at inflation during Obama’s presidency.. Trump cuts taxes, and inflation goes up.. The rise with inflation as of late, is caused by stock buy backs and tarriffs. In fact, taxation and wealth distribution, along with government regulations, prevent monopolization of market forces, and thus limits inflation. As well, too low of tax rates, makes it easier to get to the point of diminishing marginal utility from extra work and incremental investment risk. I always look back to the Standard oil model. Unregulated markets, always lead to chaos. As it turns out, the markets don’t regulate themselves… As for Venezuela, yes, it was run down by a “socialist” government, not to be confused with a “social democratic” government. If you’re blurring the two, then you need to re-evaluate your knowledge on politics. This is a line that the alt right uses, as a means for identity politics, in a ruse to frame their arguments.

  • Zéco
    Reply

    I remember hearing about going cashless in 08. That didn’t happen. Now that where in another bubble. Here comes the cashless society thing again. Way to soon for a cashless society. In our times right now. It won’t be pretty at all. Not for any one. I mean any one. Rich or poor. Close to 2025 or 2030.

  • DarthShadie
    Reply

    ? That’s why YOU need regulations. lol Oh, Josh, are you gonna make a video about that doofus who thinks crypto should be banned?

  • wayne mcclory
    Reply

    If you want to make a lot of money buy silver ! 1 oz coin = $20.00 and in less than a year 1oz coin will be worth $ 500.00 so 100 coins x $500.00 will be $50,000.00 so for $2000. You can make Fifty Thousand Dollars. Just do It !

  • gary baker
    Reply

    You are misquoting a biblical maxim….not money is the root of all evil BUT the LOVE of money is the root of all evil to very different animals.

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