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"Inflation Scenario? No, Far From It!" - One Who Knows/Richard Lee McKim, Jr. aka Swervy McGee 5/30/17

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3 -  "Inflation Scenario? No, Far From It!" - One Who Knows/Richard Lee McKim, Jr. aka Swervy McGee   5/30/17 Empty "Inflation Scenario? No, Far From It!" - One Who Knows/Richard Lee McKim, Jr. aka Swervy McGee 5/30/17

Post by Ssmith Tue May 30, 2017 6:29 pm

3 -  "Inflation Scenario? No, Far From It!" - One Who Knows/Richard Lee McKim, Jr. aka Swervy McGee   5/30/17 Cat-sh10
3 -  "Inflation Scenario? No, Far From It!" - One Who Knows/Richard Lee McKim, Jr. aka Swervy McGee   5/30/17 Richar46
Inflation Scenario? No, Far From It!

I noticed this post but did not read it. However after getting several emails about it, I looked it over and found it to be severely flawed and may very well have a harmful agenda. I am going to help this person understand the impact of the GCR better. This idea of massive Inflation is ridiculous. It will NEVER Happen..... However, that being said, there will be some increase in prices on some things. Here is what I see....

This is the post I am responding to:

My words are in Blue, while theirs are in Black.

=======================================
Post:
=======================================

"Economics 101" by Thermistocles - 5.30.17

Entry Submitted by Thermistocles at 12:08 AM EDT on May 30, 2017

The person that queried the impact of the sudden injection of multiple trillions of dollars into the world economy causing a Weimar Republic or Zimbabwean hyper-inflation scenario is quite correct. The world economy is forever in a state of complex to-and-fro balance and after the last Global Financial Crisis, mechanisms were implemented to forestall similar occurrences relating to bad debt.

The flaw in this perspective is that in Zimbabwe for example, was that ALL MONEY in the country and in Everyone's hands deflated. So a loaf of bread, went from $1 dollar to $100T dollars. No biggie, all the money in the country deflated equally everywhere. To say that will happen here is ridiculous.

Groceries

Let's imagine the same loaf of bread here in the US as an example. Let's say it is $2 per loaf. Then suddenly we Currency holders get Trillions of dollars in our accounts. Remembering that we are a small percentage of the World/Country. Do you really think the loaf of bread will go to $100/loaf, or $1,000/loaf? Why? Regular everyday people who have jobs still go down to the store with the same money they had before and buy that same loaf of Bread for $2. We the currency holders, are not going to fight over a loaf of Bread as there is plenty to go around. After all we are not suddenly eating more bread causing a shortage. Frankly the opposite may be(come) true....

If the currency holders buy up the stores or pay for the groceries, the cost of bread to the average person may go to 0, free! I personally know several people who plan on making groceries free from now on in their towns, or across the country. Clearly this is not an issue. But what is?

Imports

There may be a situation where imports from China, Vietnam and a few others, may go up, because our exchange rate between our countries will change. If the Dong goes up in value, it takes more USN to buy the same imported product. But this is a temporary issue. All the big corporations already know what is coming and have prepared for it.

Electronics

In example for electronics, there are very advanced electronic products that are already made and being stock piled in warehouses ready to sell as soon as the changes happen. These are "Safe" electronics that do not put out harmful energies. Whatever goes up in price due to imports, will suddenly become available "In country."

Cars

As far as cars go, most of the big volume imported cars are actually made in country already and I wouldn't be surprised to find out that it was an advanced strategy for this time in history when the revaluation happened. After all, all the big Cabal corporations have known this day might come for a long time.

What Might Go Up In Price

The only thing that might go up in price are the high priced items that are unique, such as waterfront property, or an antique sports car. These would be one of a kind, very high priced items anyway. In this regard it would be a battle between those with the big money to get the high priced item. BUT, that has always been the case. The only difference now, is that there are more people with big money to bid on the high priced specialty items. By comparison, Lamborghini's are high priced items as well, but not unique and one of a kind. They are in production and I don’t see them going up in price drastically. It is just the unique, one of a kind high priced items.


There are no quintillions of dollars or whatever currency hiding away somewhere. I have even seen figures like 10 followed by 80 zeroes. Do people realise that is about equivalent to the estimated number of atoms in the observable universe?

Money was created from thin air, so there is no limit to how much there could be. Yes the Elders had actual Gold to give, or should I say loan all the countries of the World to back their currencies. However the majority of the asset value that is backing the currency comes from a formula that includes all in ground "Value" such as minerals like gold, Diamonds, and oil as well. In short the entire Earth and everything on it have been collateralized so that anything that has value is added into the calculation. Also, a country's military might, infrastructure, manufacturing ability and other valuable considerations are included in the calculation. In short, every country in the World has an asset (value) base that coupled with the Elder's Gold, is enough to back their currency at the new calculated rate.

Frankly I find this argument about how much money there is in the World to be quite funny. I hear people say, "There is not enough gold, or assets to back this much money!" All I have to say is "What assets did we have to back the money we had before?" Can you say zero, nothing, nada, nix? So this pathetic argument of what is feasible and what is not is ridiculous. There is only one thing that matters in this new calculation of currency values..... the "Guarantee!" That is all that matters and we now have for the first time, a guarantee of value based on some formula, that we will never fully understand and frankly never need to. All we need to know is that whatever they say it is worth, they will stand behind that number and guarantee it won’t change. In case you are worried, there will NEVER come a time when a country has to liquidate their assets to back their currency. Every country will stand behind their currency value that has been "DECIDED" and that is all that matters. I wrote a post on this that explains it in more detail:


"Fiat vs. Gold Backed Value" - One Who Believes - 11.8.16

As for a sudden injection of large amounts of gold, the same market forces of supply and demand would devalue gold overnight, just as the world overproduction of oil is curtailing its current value. There are no miracle solutions.

Bla Bla Bla.... Doom and Gloom.... Please! Get off it already! STOP with this stupid Fear Mongering. If I didn't know better I would say this is Cabal Agenda all day long. But I am going to give you the benefit of the doubt and address this as if you just don’t understand.

While I am not going to make a prediction of the price of gold, I will bring up a few points to consider.

#1) Who cares what the price of Gold is?

You have a gold backed currency that is stable and will not go up and down. Having currency is the same thing as having gold. While Gold is money, money is Gold as well.

#2) I expect the price of gold to remain stable.

Since money is backed by gold, then if gold goes up, then the value of the money goes up. I expect that the price of Gold will be kept at a certain level just as the currency rates will be kept at a certain level. I have a feeling that there is enough gold to sell to whomever wants it. And since Gold is not the special place to store money anymore, people who were heavily invested in gold will divest themselves of it. After all money will remain stable, and unlike money that makes money while stored in an account, it costs money to store gold in safe places.

#3) I think Gold will be more sought after for its metal properties

Gold does not corrode and is very useful in electronics and for the same reason it is the metal of choice for jewelry. There are a lot of other uses as well. But, in the end, whatever happens to gold, I can guarantee you that the Elders have planned it and that it will be benevolent and beneficial.


It's also a mystery where this 209 countries come from, since there are only 194 countries in the world (if you exclude Greenland, Kosovo, Palestine, etc) and that includes North Korea, who could hardly be part of some world-wide currency pact.

This is where I detect the Cabal agenda. "The Meaningless argument that is just meant to incite." Let's just say you are correct, which I highly doubt that you are. That would mean that there were 194 countries that signed the Paris agreement and agreed to the GCR. So what! Happy now? In short, let's say that every country agreed to this whether you are aware of them or not. (Frankly I have more confidence in the sources of information that we are getting, than I do in some anonymous poster on IDC.)

People need to level-headed about all this. The whole GCR thing has morphed from simply making some money on a revaluation of the Iraqi Dinar into a full-blown New Age religion/Galactic overlords thing.

Here we go with the Cabal Agenda again. I am about to break out my "Troll Whacking Mallet." I can tell that you are not one of us. It is clear to me that you are about as far from being a Light Worker, as David Schmidt is. I know this statement of yours is just to cause trouble here on IDC, otherwise I would tell you to stop crying already. You are one of the luckiest people on the planet.

Thermistocles

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May You Get Everything You Want and Live The Life Of Your Dreams/Plans

Signed: One Who Knows/Richard Lee McKim, Jr. aka Swervy McGee

*****************
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