[MONEY] - Living Under The Spectre Of Hyperinflation: 1923 Weimar And Today
Zenaan Harkness
zen at freedbms.net
Wed Nov 6 03:40:46 PST 2019
Living Under The Spectre Of Hyperinflation: 1923 Weimar And Today
https://www.zerohedge.com/political/living-under-spectre-hyperinflation-1923-weimar-and-today
https://www.strategic-culture.org/news/2019/11/05/living-under-the-spectre-of-hyperinflation-1923-weimar-and-today/
While world’s attention is absorbed by tectonic shifts unfolding
across the Middle East, and as many Americans are brainwashed to
believe the 2020 elections are driven by the need to impeach
President Trump, something very ominous has appeared “off of the
radar” of most onlookers. This something is a financial collapse of
the western banks that threatens to unleash chaos upon the world.
In my last report, I discussed why the current financial system is on
the verge of a 1923-Weimar style hyperinflation driven by Federal
Reserve bailouts trying desperately to support a deleveraging of the
$1200 trillion derivatives bubble that has taken over the western
banking system. I also discussed the Bank of England-led “solution”
currently to this crisis involves a new global “green” digital
currency with new “rules” which are very similar to the 1923 Bank of
England “solution” to Germany’s economic chaos which eventually
required a fascist governance mechanism to impose it onto the masses.
In this article, I wish to take a deeper look at the causes and
effects of Weimar Germany’s completely un-necessary collapse into
hyperinflation and chaos during the period of 1919-1923.
Versailles and the Destruction of Germany
... After the 1918 Armistice dismantled Germany’s army and navy,
the once powerful nation was now forced to pay the impossible sum
of 132 billion gold marks to the victors and had to give up
territories representing 10% of its population (Alsace-Loraine,
Ruhr, and North Silesia) which made up 15% of its arable land, 12%
of its livestock, 74% of its iron ore, 63% of its zinc production,
and 26% of its coal. Germany also had to give up 8000 locomotives,
225,000 railcars and all of its colonies. It was a field day of
modern pillage.
...
...
The New Silk Road or New World Order
Today’s world sits atop a bubble of unimagined proportions
which began to blow in 2008 and has been kept afloat by nothing
more than a decade of blind hope mixed with money printing, zero
interest rates, speculation and austerity. The PHYSICAL economic
basis supporting the money system has been crippled due to 40 years
of post-industrial consumerism rampant across the west. While it is
admitted that the U.S dollar cannot remain the reserve currency for
the world as it has from 1945-present, those same central banking
forces from London have admitted that if their plans for a
“one-world” green digital currency is not forced onto nations, then
China’s Yuan and the New Silk Road will shape the new system.
...
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