Hyperinflation Warning

POSTED BY: out2theblack
UPDATED: Saturday, August 8, 2026 19:27
VIEWED: 4736
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OUT2THEBLACK

Tuesday, July 13, 2010 1:58 PM

<(o)>

'...The National Inflation Association today issued a warning to all Americans that empty store shelves will likely be coming to America as a result of government price controls during the upcoming hyperinflationary crisis. This morning, NIA released a video preview of what hyperinflation will look like in the U.S. This extremely important must see video is now available on NIA's video page at: http://inflation.us/videos.html

NIA's six-minute video released today goes into detail about an event that took place just outside of Boston, Massachusetts in May of this year. This story was widely ignored by the nationwide mainstream media, but NIA believes it was one of the most important news events of the first half of 2010. Although this particular crisis in Boston was due to decaying infrastructure, NIA believes a currency crisis will lead to the same type of panic on a nationwide basis.

NIA hopes that this video serves as a wake-up call for Americans to take the necessary steps to prepare for hyperinflation and become educated about the U.S. economy. In Zimbabwe during hyperinflation, Zimbabweans were forced to transact in gold and silver. It's only a matter of time before the U.S. dollar becomes worthless and the only Americans with wealth will be those who own gold and silver.

Citizens of Boston were able to survive their recent crisis with the help of the National Guard, but the National Guard won't be there for Americans during hyperinflation. 40.2 million Americans are currently living off of food stamps, but food stamps won't have any purchasing power during hyperinflation. The United States' day of reckoning is ahead. We cannot go on living with record budget deficits and accelerating national debt growth forever.

Just yesterday it was announced that for the first time ever, a major credit ratings agency has given China a higher credit rating than the U.S. While most credit ratings agencies including Moody's, Standard & Poor’s and Fitch Ratings still rate U.S. debt as AAA, NIA believes the real credit rating of the U.S. should be junk. The only way one could possibly justify a U.S. credit rating of AAA is by taking into account the Federal Reserve's ability to monetize our debt through inflation. However, printing money to pay off debt is a lot worse than defaulting on it. Inflation is very deceptive, it destroys the value of savings while transferring wealth from the poor and middle class to the rich.

The U.S. has a budget deficit just from Social Security, Medicare and Medicaid alone. NIA urges President Obama to implement dramatic cuts to these entitlement programs immediately, while simultaneously reducing the size of government across the board. Time is growing short for Obama to rein in government spending. The longer Obama waits to reverse course, the harder it will be for the U.S. to recover from the calamity that is about to unfold.

Please forward this message to everybody you know. It is essential to the well-being of all your family members and friends that they watch our new video entitled "Empty Store Shelves Coming to America" by going to: http://inflation.us/videos.html

Please spread the word about NIA and have your friends subscribe for free at: http://inflation.us '

DMAANLILEILTT

Tuesday, July 13, 2010 2:20 PM

this could get interesting

"I really am ruggedly handsome, aren't I?"

KWICKO

Tuesday, July 13, 2010 2:21 PM

NIA is a well-known pump-n-dump operation specializing in gold and silver sales.

BYTEMITE

Tuesday, July 13, 2010 3:12 PM

I don't get it. They're saying we should change to gold and silver, to buy products that won't be on store shelves.

What?

This is why I don't get gold and silver, I know you tried to explain it to me before O2TB, but food and water still seem to be the most valuable commodities in the world, from my perspective.

Utah, Arizona, Nevada, and California are about to get into an amazing drag out beat down fight over Colorado River water rights. We've been seeing the first rumbling for this for almost a decade now, and most everyone has been ignoring it, but Arizona started exploring escalating it in response to California trying to boycott them for the immigration law earlier this year.

If the economy crashes, that's going to make this brewing fight even worse. I'm much more concerned about having water than I am having gold.

ANTHONYT

Tuesday, July 13, 2010 3:54 PM

Hello,

I agree that 'silver' and 'gold' can at best be considered metaphors. In an economic collapse, what you need is a commodity sure to be valuable in your area. Water might be 'gold.' Guns might be 'gold.' Food might be 'gold.'

Gold might not be 'gold.' Certainly not until some semblance of an economy returns. Gold is only valuable when there is someone who is willing to trade gold for a commodity.

If no one can get food or water, what the heck are they going to do with gold? Gold is more valuable than dollars in a weak economy. Gold is absolutely worthless in an destroyed economy.

--Anthony

Due to the use of Naomi 3.3.2 Beta web filtering, the following people may need to private-message me if they wish to contact me: Auraptor, Kaneman, Piratenews, Wulfenstar. I apologize for the inconvenience.

PIZMOBEACH

Tuesday, July 13, 2010 5:02 PM

Empty store shelves, heh, how about vacant stores? I think Mike is right though, just more fear mongering. People see it working for the t-baggers, it's just Nu Marketing Strategery.

Scifi movie music + Firefly dialogue clips, 24 hours a day - http://www.scifiradio.com

FREMDFIRMA

Wednesday, July 14, 2010 2:24 AM

kwicko, not real silver and good, the paper junk with nothing backing it, and they want rid of it in a hurry, so that they can get something of real value for a certificate with nothing behind it but a promise that wont be kept because the people who made it cant keep it, like a parking garage with a hundred spaces that sells five hundred because they assume not everyone will use it at the same time and then just ignoring the complaints then declaring bankruptcy.

-frem

I do not serve the Blind God.

KWICKO

Wednesday, July 14, 2010 5:02 AM

Quote:
Originally posted by Fremdfirma:

kwicko, not real silver and good, the paper junk with nothing backing it, and they want rid of it in a hurry, so that they can get something of real value for a certificate with nothing behind it but a promise that wont be kept because the people who made it cant keep it, like a parking garage with a hundred spaces that sells five hundred because they assume not everyone will use it at the same time and then just ignoring the complaints then declaring bankruptcy.

-frem

I do not serve the Blind God.

Yup. That sounds about par for the course with these clowns.

These are the people telling you you should buy gold RIGHT NOW, because (as the ad on their site blasts), "GOLD IS AT AN ALL-TIME HIGH!". Heck, by that rationale, 1929 would have been an ideal time to buy into the stock market, eh? And 2007 was the best time to buy a house, since prices were at their peak!

This would be a good time to OWN gold - as in, actually have it in your possession. It's not a real good time to BUY gold, especially to buy certificates that say you have some nebulous stock in some maybe-if supply of gold that you'll never see if the shit really truly DID hit the fan.

Buy low; sell high. If this is a gold bubble, it's about to burst. If it's the 'Pocksalips, you're too late. And as was pointed out earlier, if the store shelves are empty, gold won't buy you diddly.

PENGUIN

Wednesday, July 14, 2010 11:44 AM

"The National Inflation Association"

I'm sure they're "Fair and Balanced" in their outlook!

King of the Mythical Land that is Iowa

JONGSSTRAW

Wednesday, July 14, 2010 1:43 PM

Quote:
Originally posted by Kwicko:
These are the people telling you you should buy gold RIGHT NOW, because (as the ad on their site blasts), "GOLD IS AT AN ALL-TIME HIGH!". Heck, by that rationale, 1929 would have been an ideal time to buy into the stock market, eh? And 2007 was the best time to buy a house, since prices were at their peak!

This would be a good time to OWN gold - as in, actually have it in your possession. It's not a real good time to BUY gold, especially to buy certificates that say you have some nebulous stock in some maybe-if supply of gold that you'll never see if the shit really truly DID hit the fan.

Buy low; sell high.

The trouble is most folks don't know how low or how high a price is going to be. So jumping in to buy a stock is always a risk. But my brother, the stock broker, always says a stock that is at an all-time high is more likely to continue to go up than down. Conversely, a stock at its' all-time low will more likely continue to go down than up. Personally, I would never buy gold at any price.

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