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Editorial See other Editorial Articles Title: How bad can it get? First, read this article and this one. Pay attention folks - this could be US someday soon (Brazil went from 'bad' inflation to 'hyperinflation' in 3 days!)... The other day people in Zimbabwe finally organized a "prayer meeting" out of desperation. And although the article doesn't tell everything that happened, I read elsewhere (which I can't find now) that they were tear gassed and water cannoned by Mugabe's police and military forces to disperse them... We may THINK the biggest problem we face are the NAU, or Freemasons and other secret societies, or neocons, or or or.... But the TRUTH IS, the BIGGEST problem we face is the FEDERAL RESERVE FRAUD. UNLESS we do something about that, we will eventually find ourselves in the same position as the people of Zimbabwe are in now. And when we become desperate out of starvation and just about every basic survival necessity - it will be WAY too late!!! And it probably wouldn't hurt to begin preparing now for an "ultimate disaster" in case the wheels have already run too far off the wagon to be able to fix. We should be stockpiling basic necessities (especially food) in quantities to be able to go preferably several years. It's not like Zimbabwe never amounted to anything - in the second article we see Zimbabwe, which was the breadbasket of southern Africa... The question isn't whether the "world's breadbasket" will suffer an economic meltdown, but when. We're following suit of the MANY countries that have. Some stats (and by NO MEANS a complete list of countries that have undergone hyperinflation): Argentina: At the beginning of 1975, the highest denomination was 1,000 pesos. In late 1976, the highest denomination was 5,000 pesos. In early 1979, the highest denomination was 10,000 pesos. By the end of 1981, the highest denomination was 1,000,000 pesos. In the 1983 currency reform, 1 Peso Argentino was exchanged for 10,000 pesos. In the 1985 currency reform, 1 austral was exchanged for 1,000 pesos argentino. In the 1992 currency reform, 1 new peso was exchanged for 10,000 australes. The overall impact of hyperinflation: 1 new peso = 100,000,000,000 pre-1983 pesos. Belarus: In 1993, the highest denomination was 5,000 rublei. By 1999, it was 5,000,000 rublei. In the 2000 currency reform, the ruble was replaced by the new ruble at an exchange rate of 1 new ruble = 2,000 old rublei. The highest denomination in 2002 was 50,000 rublei, equal to 100,000,000 pre-2000 rublei. Boznia-Herzegovina: In 1992, the highest denomination was 1,000 dinara. By 1993, the highest denomination was 100,000,000 dinara. In the Republika Srpska, the highest denomination was 10,000 dinara in 1992 and 10,000,000,000 dinara in 1993. Brazil: From 1986 to 1994, the base currency unit was shifted three times to adjust for inflation in the final years of the República Velha era. A 1960s cruzeiro was, in 1994, worth less than one trillionth of a US cent, after adjusting for multiple devaluations and note changes. China: In 1947, the highest denomination was 50,000 yuan. By mid-1948, the highest denomination was 180,000,000 yuan. The 1948 currency reform replaced the yuan by the gold yuan at an exchange rate of 1 gold yuan = 3,000,000 yuan. In less than 1 year, the highest denomination was 10,000,000 gold yuan. Georgia: In 1993, the highest denomination was 100,000 coupons [kuponi]. By 1994, the highest denomination was 1,000,000 coupons. In the 1995 currency reform, a new currency lari was introduced with 1 lari exchanged for 1,000,000 coupons. Germany: In 1922, the highest denomination was 50,000 Mark. By 1923, the highest denomination was 100,000,000,000,000 Mark. During the worst times, one U.S. dollar was equal to 80 billion Mark. Greece: In 1943, the highest denomination was 25,000 drachmai. By 1944, the highest denomination was 100,000,000,000,000 drachmai. In the 1944 currency reform, 1 new drachma was exchanged for 50,000,000,000 drachmai. Another currency reform in 1953 replaced the drachma at an exchange rate of 1 new drachma = 1,000 old drachma. The overall impact of hyperinflation: 1 (1953) drachma = 50,000,000,000,000 pre 1944 drachmai. Hungary: Hungary went through the worst inflation in modern history in 1945-46. Before 1945, the highest denomination was 1,000 pengQ. By the end of 1945, it was 10,000,000 pengQ. The highest denomination in mid-1946 was 100,000,000,000,000,000,000 pengQ. A special currency the adópengQ - or tax pengQ - was created for tax and postal payments. The value of the adópengQ was adjusted each day, by radio announcement. On January 1, 1946 one adópengQ equaled one pengQ. By late July, one adópengQ equaled 2,000,000,000,000,000,000,000 or 2×1021pengQ. Nicaragua: Before 1987, the highest denomination was 1,000 cordobas. By 1987, it was 500,000 cordobas. In the 1988 currency reform, 1 new cordoba was exchanged for 1,000 old cordobas. The highest denomination in 1990 was 100,000,000 new cordobas. In the mid-1990 currency reform, 1 gold cordoba was exchanged for 5,000,000 new cordobas. The overall impact of hyperinflation: 1 gold cordoba = 5,000,000,000 pre 1988 cordobas. Peru: The highest denomination in 1984 was 50,000 soles de oro. By 1985, it was 500,000 soles de oro. In the 1985 currency reform, 1 inti was exchanged for 1000 soles de oro. In 1986, the highest denomination was 1,000 intis. It was 20,000,000 intis by 1991. In the 1991 currency reform, 1 nuevo sol was exchanged for 1,000,000 intis. The overall impact of hyperinflation: 1 nuevo sol = 1,000,000,000 pre 1985 soles de oro. Yugoslavia: The highest denomination in 1988 was 50,000 dinars. By 1989 it was 2,000,000 dinars. In the 1990 currency reform, 1 new dinar was exchanged for 10,000 old dinars. In the 1992 currency reform, 1 new dinar was exchanged for 10 old dinars. The highest denomination in 1992 was 50,000 dinars. By 1993, it was 10,000,000,000 dinars. In the 1993 currency reform, 1 new dinar was exchanged for 1,000,000 old dinars. But before the year was over, the highest denomination was 500,000,000,000 dinars. In the 1994 currency reform, 1 new dinar was exchanged for 1,000,000,000 old dinars. In another currency reform a month later, 1 novi dinar was exchanged for 10~13 million dinars (1 novi dinar = 1 German mark at the time of exchange). The overall impact of hyperinflation: 1 novi dinar = 1 × 1027~1.3 × 1027 pre 1990 dinars. Zaire: In 1988, the highest denomination was 5,000 zaires. By 1992, it was 5,000,000 zaires. In the 1993 currency reform, 1 nouveau zaire was exchanged for 3,000,000 old zaires. The highest denomination in 1996 was 1,000,000 nouveaux zaires. In 1997, Zaire was renamed the Congo Democratic Republic and changed its currency to francs. 1 franc was exchanged for 100,000 nouveaux zaires. The overall impact of hyperinflation: 1 franc = 3 × 1011 pre 1989 zaires. The common denominator in ALL these cases are BANKERS!!! Fraudulent banking systems have always in history brought down the country which partook in them - and we'll be no different.
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#1. To: innieway (#0)
It's just a matter of time...
In Zimbabwe, they did a lot worse. They took the leaders of the prayer group to jail, then beat them into a pulp. The leader has broken bones, internal bleeding, a fractured skull...the four or five top guys are in a hospital in bad condition. A long time ago, about 10 years, I was in Brazil interviewing a guy who runs a chain of grocery stores. He told me they developed the best computer technology in the world for retailers in the 1980s because they literally had to change the prices of every product in their store four or five times a day. Nobody in Brazil ever had cash. The second they got paid, they spent every penny before it became worthless.
That's what we should be doing here today BEFORE it gets that bad. ANYTHING that could conceivably be useful for survival would be a good choice - and that may include things a lot of people might not think of - things like a sleeping bag... Gold/silver is good, BUT only if you've got the really IMPORTANT bases covered - you can't eat gold or silver, and it won't keep you warm on a cold winter night. It never gets mentioned, but in every situation of total economic collapse, there are a FEW that prosper greatly through the ordeal - those that are properly prepared BEFORE it hits.
No matter how noble the objectives of a government; if it blurs decency and kindness, cheapens human life, and breeds ill will and suspicion - it is an EVIL government. Eric Hoffer
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