We have a fractional reserve banking system that uses a fiat currency as a means of exchange. We knew it was “safe” at about 12:1 but we maxed out the card and shot our wad at somewhere between 30-to-100:1.
Now the system is reverting to 12:1. That means only one thing – America’s standard of living will decrease to some unknown point. The only thing worth discussing is how we fast we get there and what kind of pain we’ll feel on the way.
As for our so-called leaders they – as shown by their actions – are either incompetent or doing this on purpose. Now, allowing for the sake of argument that they are not incompetent, we have to ask, why would do what they’re doing in the manner in which they are doing it?
Well, let me ask you this . . . imagine you were told your closest family was going to die. But, you were given a choice in how their demise occurred. You can have them either die tomorrow in a really violent car wreck, or you can have them die two years from now after suffering from some debilitating disease. Either way, the result is the same. So, from the standpoint of your OWN recovery, which would you choose?
What I’m getting at here is that humans deal with adverse change a lot better when they are given time to slowly accept the change. I think this is what our leaders are doing – they are attempting to control the RATE at which we assume our new lowered standard of living.
Is it right for them to make this choice for us? Absolutely not. The American public deserves to know the truth and a chance to decide their own fate. But to risk the outright social, political, and economic chaos that would likely follow such an admission is to great for TPTB. Thus, they are doing everything they can to SLOW the rate of descent such that the American sheeple can adjust. Kind of like letting a goldfish adjust to the temperature of the water in his new bowl by keeping him in a Ziploc bag for an hour or so.
To me, it’s no more complex than that.
The danger, I feel, that we should be discussing is what happens if they LOSE CONTROL?? There’s where I feel the problem may lie and that’s the reason I am keeing my Eyes On The World. I am not afraid of my government – I am afraid of what the million plus people in my immediate vicinity will do when the SHTF and they are cold, hungry and wet with no grocery store, water or heat.
So, as for me, where do I stand personally? Was I the one who chose the paddle over writing 200 sentences on the board? Damn right. I always said, “Let’s get it on and get it over with!” I’m all about some short-term pain for long-term gain.
Embrace the Depression I say, and may the best men (and hopefully our Republic) be left standing.
by EOTW
