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Posted on in Video 49

Hyperinflation needs a currency pair comparison to take hold. Presently all financial instruments including currency are poisoned by debt (or fiat). The few currencies which are supported by resource wealth such as Canada Norway and Australia are micro-currencies and are quick to get overheated due to their limited size. Presently there are lots of people praying about every financial detail and turn; yet they are avoiding the fact that the Euro, Yen, and Dollar are completely worthless as compared to life support. Effectually, money is flowing from poisonous well to poisonous well; from bonds to cash to stocks to derivatives... Nothing has value except life support.

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Comments

  1. whiskerchild
    @wepollock Warren, do you think we need silver as well?
    June 30, 2011
  2. aboutsoul19
    Right you are Warren, thank you. Continuing to learn. Great comments here from fellow awakened observers.
    June 30, 2011
  3. jimbobubbadj
    @centervilletn Its going down one way or the other. The elites are going down too. They are not going to have the resources to continue on with their lavish lifestyles. They need the system as it is now in order to have their lifestyle. When the event com
    June 30, 2011
  4. jimbobubbadj
    Good point about the hyperinflation currency needing a solid reference currency as a means of comparison. IMHO, the Yaun, PMs and/or some other currencies will be available as this reference. The USA consumes much much more than it produces so it will be
    June 30, 2011
  5. cpswyl2
    Thanks very much for this vid Warren. Always appreciate your views on the financial situation.
    June 30, 2011
  6. wepollock
    @JejuLee very smart on your part. The problem is when you buy land you also buy the debt of your municipality. You assume the debt and cost structures of others. Generally, I think you are on target buy buying life support.
    June 30, 2011
  7. wepollock
    @clearasvodka I think trading GPU processor time (without productive purpose) is trading useful life support in the form of energy for esoteric fuzz.
    June 30, 2011
  8. wepollock
    @DEMCAD I think the power supply went I will find out in a few days. It was three months out of extended warrantee! I have backup of course.
    June 30, 2011
  9. JejuLee
    Warrren, Can "currency" or "the second currency" be physical things? And I'm not referring to gold and silver. I, myself, have been buying farmland with aquifers beneath them. I don't--for a minute--assume that I will profit from this in a "Wall Street" c
    June 30, 2011
  10. clearasvodka
    Can independant digital currency like bitcoin help? I don't know but I think it is a step in the right direction. Any form of payment that takes governments and for-profit private banks out of the loop is positive. For now I prefer gold & silver but in
    June 30, 2011
  11. TreachMarkets
    @iansuderman No doubt, we've hit it. Peak morality, peak economy, peak prestige...
    June 30, 2011
  12. 1betrman
    2016
    June 30, 2011
  13. iansuderman
    all these currencies are poison. The truth is its all a hot potatoes. Colin Cambell has it right its about reaching peak. Not just peak oil but peak everything. Expect at least 50 years of economic reduction. Its the whole basis of the middle east co
    June 30, 2011
  14. carefulcarpenter
    @centervilletn "Make the pie higher" I think the visionaries thought that the internet would become a boom to international commerce, which would revitalize capitalism and advance society. Most of the time people would upgrade to the next fast comput
    June 30, 2011
  15. centervilletn
    @wepollock i totally agree...the best option i think is to expidite things as much as possible....level the playing field ...upset the game.....sew discontent, dont participate in the economy except when necessary and subvert from the inside when able....
    June 30, 2011
  16. UU361
    "Nothing has value except life support" That is going to more then likely include human life too, a nice little global war to thin the thirst, hungry herd.
    June 30, 2011
  17. DEMCAD
    You may have to use a system restore for your machine.
    June 30, 2011
  18. nottinmatterz2day
    whats wrong with the main machine?
    June 30, 2011
  19. ace1122tw
    @wepollock I think at the heart of the economy is the people. Once we as people figure out that the whole system is a scam that is when the whole system crashes down. I mean sure they are printing a whole mess of money but that is because they know they d
    June 30, 2011
  20. wepollock
    @shakelightly the sick machine is a monster mac pro..
    June 30, 2011
  21. shakelightly
    i always thought mac's were invincible...i'm dreading the day mine gets sick. thanks for doing this vid!
    June 30, 2011
  22. pdlumina
    @wepollock I couldn't agree more. The electronic world of manipulation always succumbs to the real world of delivery and distribution. The paper markets may very well crash as the physical world receives the biggest crunch the world has ever experienced.
    June 30, 2011
  23. wepollock
    @centervilletn I think its a freight train about to hit a missing piece of track. The only option we have is to either speed it along or try to get out of its way.
    June 30, 2011
  24. wepollock
    @pdlumina commodities look sick presently. at some point we move from virtual "commodities" to locally available life support in the physical world.
    June 30, 2011
  25. centervilletn
    I believe the peak was bretton woods 2...thats when we sold our souls.
    June 30, 2011

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