Monday, February 02, 2009

Why We'll Have A Depression

The big picture is very simple to explain and that is why I see a depression coming. Basically, the value of the dollar is not known at this time by most folks because we are well into a severe reduction in the numbers of them in our economy. So on the one hand you get people like my mom who are trying to sell their house today. But she could have sold it several years ago for $250K. Now she refuses to even think of selling it for the $180K it is worth in today's dollars. Yet, for the most part, she could buy about the same amount of stuff now with the $180K as she could have with the quarter million several years ago. But that might change!

Depending on how much the supply of money increases or decreases in the coming years will have a profound effect on the price of goods and services. Sadly, the priority of those who have been ruling things for too long, is to get prices back up to where they were in the long run but in the short run stabilize them so the money they've lent out under mafioso terms will be paid back. Good luck suckers! By trying to re-inflate the economy while millions are jobless with growing homelessness and hunger will only confuse things more. This will cause everyone to continue waiting on the sidelines for prices to stabilize. Stable prices won't be coming back any time soon under this collage of fiat dollar creation and injection into the economy. Hence the future looks depressing like a depression.

I believe we will be fortunate enough to have millions of desperate angry people looking for the reason their country has become poor suddenly. They will come to places like my blog and read the easily understandable explanations of how they were swindled with illegal fiat money. Then we'll come together as Americans like we always have. We'll fire the appropriate politicians responsible for promoting the Federal Reserve and fake unconstitutional currency. We will try the guilty and send them to prison for this betrayal and finally we will return to a legal, constitutional form of money backed by gold and silver. Add to that the abolition of modern free range slavery by outlawing income tax and we will be prosperous in no time.

Or perhaps Cubans will wise up first and do away with their oppressors. Then they will install this entirely better deal and begin to lead a prosperous more enjoyable existence. Somebody is going to do it and that's where I'll be moving.

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home