Brace Yourselves for the Most Dramatic Shift in Standard of Living in All USA History

We all know when you print money that it devalues the currency that is already out there.  It's called inflation when billions of dollars chases millions and when trillions chase billions.  

We haven't had to face it for the past years as the FED keeps lowering interest rates and strange financial times keep the bubbles in the stock market and real estate markets heading North.

But can this really last forever?

This guy says NO!

They are assuring us that we don’t have to be concerned about “inflation” because they have everything under control.  Do you believe them?  The value of the U.S. dollar has been steadily declining for a long time, and most Americans have grown accustomed to having the cost of living rise at a faster pace than their paychecks do.  But over the past 12 months an enormous paradigm shift has begun.  Instead of devaluing our currency a little bit at a time, now our leaders are going “full Weimar”.  Our money supply is growing at an exponential rate, and this is becoming a major national crisis.  As I pointed out yesterday, it took from the founding of our county all the way to 2020 for M1 to reach 4 trillion dollars.  But then from the start of the pandemic to today, M1 has gone from 4 trillion dollars to 18 trillion dollars.  To call that “economic malpractice” would be way too kind.  The truth is that it is complete and utter lunacy, and we are all going to literally pay the price for such madness.

Sadly, inflation is already starting to show up in a major way all throughout our economy.

For example, most Americans have noticed that the price of gasoline has really started to shoot up over the last several weeks…

Gas prices have been increasing at the pump for the past few weeks, reaching a national average of $2.77 a gallon as of Monday, which is 39 cents higher than the same time in 2020, according to AAA.

A lot of people are alarmed by this, but the Federal Reserve insists that this is completely normal.

Meanwhile, the price of agricultural commodities has risen by 50 percent over the past year…

The price of agricultural commodities traded on the global stage has shot up by 50 percent since the middle of 2020, according to economists at Rabobank.

In a new report, the bank pins the lift in the price of wheat, corn, soy, sugar, and a range of other commodities on the northern La Niña, a weakening US currency, market speculators, and rising demand from importing nations.

As those prices are passed along to the consumer, you will be paying more for groceries at your local supermarket, but authorities assure us that prices will stabilize once the economy returns to “normal”.

The good news is that at least the price of food is not rising as fast as the price of lumber is…

Lumber prices have increased more than 180 percent since last spring, and this price spike has caused the price of an average new single-family home to increase by $24,386 since April 17, 2020, according to the NAHB standard estimates of lumber used to build the average home.

Now that is some serious inflation!

As prices soar into the stratosphere, life is going to become increasingly difficult for most Americans.

If your income does not rise as fast as prices are going up, your standard of living will go down.

Of course you will be far from alone.  The vast majority of Americans are about to experience a dramatic shift in the standard of living, and most of the population doesn’t even realize what is happening.

All they know is that more government checks are on the way, and most of them are absolutely thrilled about that.

But all of this printing, borrowing and spending has put us on a path to national financial suicide.

As we continue to recklessly destroy the value of our currency, other nations will begin to realize that a move to a different reserve currency is needed.

And once the U.S. dollar is no longer the reserve currency of the world, there will never be any going back to the “good old days”.

We are so close to the economic endgame, and the word “collapse” is not nearly strong enough to describe what is eventually going to happen to us.

Here;  http://theeconomiccollapseblog.com/brace-yourselves-for-the-most-dramatic-shift-in-the-standard-of-living-in-all-of-u-s-history/ 

Could hyper inflation really happen in America?  OF COURSE IT COULD!

We are not immune from the stupidity that has plagued 3rd world nations who print too much money!

Just a handful of years ago this guy could go into Wendy's fast food and order a whole bunch of stuff off the dollar menu.  A bowl of chili=$1.  A side salad=$1.  A Jr cheeseburger=$1.  And for $3 I could have a really healthy and tasty lunch!  Now go to Wendy's and order the same things today. First off they don't have a $1 Menu...and the same food will cost well over $6.  That's over 100% inflation in the fast food stores in about 7 years.

Have wages gone up 100%?  We think not.  Go into the grocery store and figure out how much the cost of a basket of groceries have gone up.  Of course TV's and tech stuff seems to have gone down so we don't seem real concerned about the Inflation Genie...but what happens with inflation is that when it finally shows up it's very hard to put the Genie back in the bottle.