Maybe "B-52" really does know what he is doing!

[HSmomto4]

In studying up on hyperinflation, I came across something very important I think (some may already know this, but for us "new" people to the study of hyperinflation, I thought this was important).

In 1920 a loaf of bread in Germany cost 2 marks. By June 1923 when the hyperinflation was in full flow, a loaf of bread in Germany cost 430,000,000,000 marks. Prices rose by the hour. People sitting in bars or coffee shops found that their second drink could cost twice as much as their first.
Here it talks about how high inflation jumped.

Many Germans gained from the hyperinflation. People with property were able to ride out the storm, while those with debts or mortgages saw their value disappear and their debt payments effectively end. Businesses were able to borrow money, spend it on new machinery, and then pay back virtually nothing to the banks. Bankruptcies became almost unknown. In 1913 around 10,000 German firms went out of business due to their debts. In 1923 the figure was less than 200.
These are the people who did well with it and notice it doesn't include the poor or those who rented homes? The banks were bailed out (sound like anything we have seen?) but the poor suffered.

and here is the kicker...

This is how they fixed it!
In November 1923 the government called a halt to new currency issues of marks. A new currency, the Rentenmark, backed by land and property was created. The new government led by Stresemann realised the mistakes made in the past and tried to solve them. Each Rentenmark was exchangeable for 1 trillion old marks with a limit of 2.4 billion Rentenmarks to be issued.

Remember everyone, Satan doesn't have any "new" tricks! He just keeps trying the same ole same ole till he gets it right. Maybe this really is being done to bring in a new currency! Maybe the whole point isn't to destroy the US completely but to bring inflation so high that we would have to get rid of the dollar and go to something else. The Amero maybe?

[HSmomto4]

Oh, here is the link I got this from http://www.thehistorychannel.co.uk/site/encyclopedia/article_show/hyperinflation/m0006106.html

[HSmomto4]

OK lets take this one step further. After I posted this, I kept reading and found this very interesting. All the political problems and economic crashes caused the people to turn to a communist government, one that they thought would save it and one that tried to kill every Jew... Like I said, Satan has no new tricks. Could this be the very beginning of the US turning to the Anti-Christ to save it after it looses all faith in its government after hyperinflation hits the US?

Long‐term impact on Germany
The hyperinflation of the early 1920s had a negative impact on the democratic stability of the Weimar Republic. Although there was economic recovery from 1924 to 1929 with the assistance of US loans, confidence in the democratic politicians who led Germany was shattered. When the USA demanded its loans back after the Wall Street Crash of 1929, the German economy collapsed again. Much of the middle class, many of whom lost everything in the early 1920s, supported the Nazis after 1929 as they had lost all confidence in the democratic politicians handling of the German economy. The workers of Germany also abandoned the democrats, moving their support to German communism. This collapse of support for democracy was not simply the result of the hyperinflation crisis of the early 1920s, but it had a major impact on the German people. With the second economic collapse after 1929 Germans no longer believed that the politicians who had led them to two economic disasters in the space of ten years were capable of running Germany. The opportunity for extreme political forces to gain power was great, with both communist and fascist parties threatening rebellion. Within four years of the Wall Street crash the destruction of the democratic dream of 1919 was complete and Adolf Hitler's Nazi state was in place.

Anyone else see this or am I being way too :tinfoil?

[mikenelson]

It's all :tinfoil at this point. :)

But there's no doubt that the crash and Depression played a role in what led up to WWII, and I fully believe anything is possible again in the coming years.

For what it's worth, this is what I think: There's going to be some sort of economic catastrophe, and the dollar is going to go through a crisis of epic proportions. One of three things could follow that:

1) Another existing currency in the world would replace the Dollar as the world's most-traded currency. Seems the least likely in my opinion, as the Euro is the most widely regarded as the natural replacement. And I don't really think the Euro is close to stepping into that spot, and really many EU countries are dealing with unemployment and inflation as much as we are if not more. The dollar is merely in worse shape than the Euro.

2) There's an attempt to revive the dollar and give it a new value or raise it's value back up, either based on something else, or even by replacing other currently existing currencies that have crashed themselves. But now being controlled more by a global central body instead of the FED alone. Maybe more likely.

3) Or there's an entirely new currency devised, either a regional one in the case that other conditions aren't spinning out of control - or a global currency in the event that there is an out-right global crisis. A new "currency" that could be based on something like gold, but most likely done in electronic form though instead of actual gold or anything changing hands. Maybe even a barter-type system that is regulated by the authorities...you work for 8 hours, you now get "credits" onto your electronic record, and you can trade those in for food or whatever. Work a day, get a loaf of bread, a hunk of cheese, and a gallon of water. Creepy stuff, but my guess is that "the mark" is going to have some functions along these lines.

Who knows when this would happen, but if we believe Bible prophecy we know things will get ugly at some point in history. Of course things have looked very dire in the past, yet the Holy Spirit was with us. It's impossible really to measure how things seemed at certain times in history unless you've lived them, and I wasn't around for those really bad episodes like world wars. But things from my perspective look very precarious right now, and I certainly think we're approaching a crossroads in this world. And I also think that living in this country it's difficult to really step back and see where we are as a society because we are constantly bombarded with information and images and messages, and it's become so normal. Not that we haven't done great and even some noble things, but greed and materialism has gripped this country to the core, and boy does pride ever come before a fall.

[I'm all 67X]

I find very little to be tin-hatty when it comes to end times possible scenarios. In fact, I'd say they are a little prideful and insulting to insinuate something to be tin-hatty. But that's just me...we don't know what details will transpire and since the US is absent from the world stage at the end, possibilities become endless.

I would suspect you are closer than you think to what may happen. History frequently repeats itself as human nature is generally the same and transcends time.

Tin-hatty? No, not in my humble estimation. I despise the term, to be honest, but since we have a tendency to overestimate ourselves, I understand why it is thrown around.

Nice post, btw. I enjoyed its thought provocation.

Like an old pastor once said, "I've been studying this Book for 63 years and the more I learn, the more I understand I don't know much."

[ALS6347]

That makes sense to me. I don't think that there is any intent to destroy the US and other industrialized nations. The idea is to put Americans under enough financial strain that they will willingly give up the sovereignty of this nation and adopt the Amero in place of the dollar.

I don't know about everyone else but my piggy bank is looking mighty thin these days. I'm basically living from paycheck to paycheck and I can't save anything.



In studying up on hyperinflation, I came across something very important I think (some may already know this, but for us "new" people to the study of hyperinflation, I thought this was important).


Here it talks about how high inflation jumped.


These are the people who did well with it and notice it doesn't include the poor or those who rented homes? The banks were bailed out (sound like anything we have seen?) but the poor suffered.

and here is the kicker...

This is how they fixed it!


Remember everyone, Satan doesn't have any "new" tricks! He just keeps trying the same ole same ole till he gets it right. Maybe this really is being done to bring in a new currency! Maybe the whole point isn't to destroy the US completely but to bring inflation so high that we would have to get rid of the dollar and go to something else. The Amero maybe?