Usually during periods of hyperinflation (dollar collapse) the real value of assets likes stocks plummet. I'm assuming most of the political leaders in the US would lose bigtime. Leaders in BRICS countries might want it to happen though.
So from 1970 to 2010, gold was about 12 times more expensive than oil. Now it's 75.
To get back to that normal ratio oil should be $375 a barrel.
Year gold/oil
1970 11
1980 15
1990 13
2000 10
2010 15
2020 44
2025 75
I think the biggest thing saving the economy right now is the historically cheap price of oil ($56). If Trump decides to launch a war in Venezuela, Middle East, Russia, etc it could easily send oil to $200-300 a barrel. That would crush the US economy.
I can easily see a scenario where Trump...
Why is oil being ignored? I'm pretty sure oil is the by far the cheapest it's ever been, priced in gold. And it's almost guaranteed that there's going to be a big increase in wars in oil producing areas.
I doubt they actually want the collapse. Most of them will be ruined when the dollar collapses.
They're just trying to stay in power and the best way to do that is to give out free shit in return for votes.
I don't know much about Max Blumenthal but I'm guessing he's an idiot. On a recent Piers Morgan podcast I heard Blumenthal say that under Hugo Chavez poverty was cut in half in Venezuela. I'm guessing he's one of those left wingers who is against foreign aggression but has no problem when the...
How about a trial program. We can disarm politicians first, get rid of their body guards, security check points, bullet proof vehicles, etc. and see how that goes before we start disarming private citizens.
And paying for another regime change is going to make groceries cost a lot more.
I'm guessing the dems foreign policy would be slightly less bad. Immigration way worse. Spending about the same. Freedom of speech worse.
But I think it's also important that although Trump might be less bad, the...
Dave Smith made a good point the other day when he said something like "this is good litmus test as the shit Trump does gets worse and worse. Many of his early supporters are like this has gone too far, but the real hard core idiots are still supporting him."
The fed has quietly announced it has turned the printers back on.
"The Committee judges that reserve balances have declined to ample levels and will initiate purchases of shorter-term Treasury securities as needed to maintain an ample supply of reserves on an ongoing basis."...
Meanwhile the fed just announced it's going to start printing again. They had to call it something else beside QE of course. Empires are expensive. get ready for price controls and shortages.