Economic Meltdown

The Final Wake Up Call  By Peter B Meyer

Wrecked Central Bank Economy Turns into Hyperinflation

A few taps on the keyboard, and suddenly appears an amount more or less equal to the entire annual GDP of New Zealand or Peru. This is the hocus pocus magic that Central Banks and Governments are pretending will “stimulate” the economy and replace the losses from their lockdown approach to the C-virus.

In the last six weeks, they have added $2.26 trillion. That’s the same as Britain’s GDP. And Goldman Sachs says the U.S. is on track to run deficits of $6 trillion over the next two years. That’s more than the GDPs of Germany or Japan. – Nowhere in the world is there $6 trillion, or even $1 trillion, waiting to fund the government’s big-spending thrift. All of it will have to be financed by the Central Bank, which will mean money-printing on such a scale that it will blow the roof off the entire world CB-economy.

Consumer purchases making up 70% of GDP, meanwhile have declined, which means the money is not yet in circulation, and is therefore being used to pay back debt or is being saved in banks, as it is obvious no one is investing. Sooner rather than later, the money shall have to come back into circulation, and to all intents and purposes this shall enter a period of hyperinflation, i.e. lots of money chasing a few goods.

Hyperinflation happens when the banking system breaks down. People lose faith in the money itself, and in the people who control it. Foreign dollar holders may worry that the Fed is printing too much money. It may even be good economic news that causes them distress; they may anticipate higher inflation rates, and a sell-off of the dollar, which would lower the value of their dollar reserves. They may figure out that they are better off diversifying into gold and or silver.

When other investors and households see the dollar falling, they get panicked too. Pretty soon, people are digging around in drawers, bank accounts and mattresses, looking for currencies to make sure they can get rid of them as soon as possible. That is when monies hit the hyperinflationary fan.

What happens in a hyperinflation is that people start buying things, anything, everything, desperately getting rid of their money, spending all their cash to stock up on these things that are going to cost more in the future because their money is going to be worth less in the future. And then prices rise like they were rocket-propelled in response to this heightened demand.

All this panic buying makes prices go up even more, as a result of the old supply and demand dynamic, thus reinforcing the hyperinflationary price rises. Which causes more panicked buying. Which causes prices to rise even higher and faster. Which causes then additional panicked buying. Well, you get probably the idea, the velocity of money is accelerating rapidly. The result is that everybody who has any money they were not able to spend is gradually bankrupted.

 There are lots of things that can happen along the way. It was not that long ago – in 1996, that Argentina became the ‘Weimar Germany’ of South America. –

This is not to say that hyperinflation will be an absolute certainty, but in today’s inflationary climate the threat of it happening is rapidly becoming more severe, as a result of too much printed liquidity that cannot be taken out of the financial system quickly enough.

This points to man-made dangers particularly by all Central Bankers around the world with their blind ambition of money printing. It points to the weakness of the dollar/euro/yen, or any other paper currency in general. But in reality, the global currency market is nothing more than a race to the bottom. That’s a good reason to hold hard assets like gold and silver, because central bankers can’t print those.

When hyperinflation comes, the cost of a loaf of bread could go from $3 to $10 to $100, or even to $1000 in a short period of time. This has happened before under similar circumstances. Hyper-liquidity can become hyperinflation via the velocity of money during a crisis of confidence in the currency. In essence, hyperinflation is always a currency-motivated event.

And this is the situation wherein GESARA and the new Quantum Financial System are being introduced in order to save the world population from disaster. GESARA is the Global Economic Security and Reformation Act, and is not to be confused with the Deep State New World Order’s “Great Reset.”

The Global Currency Reset (GCR) makes all gold backed currencies the standard of the world, whereas a ‘great reset’ was the NWO’s idea of a One World Government. This is made null and void by the introduction of GESARA.

The introduction of the gold standard increases the purchasing power of the people, for example, a house that costs USD 200 000 under the existing monetary system costs up to 90% significantly less under the gold standard. It is vitally important that the gold standard transfers power over the money system from the hands of governments and banks to the people.

Tens of Trillions of Printed False Currency Units

Japan, the EU and the US all have failing economies. And they are all failing for the same reason at the same time: in those countries, consumers are reluctant to borrow. And without borrowing, they have no way to increase their consumption.

Households have been cutting back for three reasons. One, they are getting older. Two, their real incomes are stagnant or falling. And three, they already have too much debt.

This makes the downturn for these countries similar; they are all led by consumers eager to repair their balance sheet.

Most people in the Western Hemisphere and Japan are experiencing significant inflation in food and energy prices. The real not manipulated food inflation is in many cases between 10 – 20 %.  However accurate figures are not published, as the truth is being kept hidden from the public.

The tens of trillions of printed dollars, euros and yen have for a great part not gone into the real economy. They were meant to prop up the stock and real estate markets, and the banks’ balance sheets in order for that money to remain in the banks.

An important thing to understand is that asset markets as stocks, real estate and bonds are not measured in the inflation figures. However, these markets have seen trillions of dollars/euros/yen of funds flowing in. So being told the newly printed money is to bolster the economy, is a complete lie.

Really, that money is only intended to save the banks and benefit the elite and banksters. Most assets are being pushed into tremendous bubbles, but two asset categories not in a bubble that come to mind are precious metals and crude oil.

If all assets were included into the inflation numbers, then reported inflation rates would be far more accurate and noteworthy. A small minority has profited from this number falsification that results in bubbles created in stocks, real estate and bonds, but this is unsustainable because the real world economy has not benefited from it. In accordance with data that is more accurate and representative of reality, more people are out of work than in the workforce.

Standard Of Living Is Falling

The standard of living for the average citizen has been falling for years. The average family can’t lay their hands on $1,000. A recent poll came out and said 40% of people, if they had to get $1,000 cash in 30 days, couldn’t do it.

So, things are pretty strapped, and when the economy goes off the cliff again, which quite frankly could happen soon quite frankly, there’s going to be a lot of unemployed people without any money and a lot of of debt. There is nothing the government can do at this point except print more money.

The mainstream media is not going to report much of anything that is genuine or accurate, but the writing is on the wall. The truth is that inflation for food and for services is already far, far higher than what has been reported for the last decade. People know this from their own experience. They do not need a University professor to tell them.

The central bank economy is destroyed right in front of our eyes. Never in history – including the Great Depression – have so many people been unemployed, and the fact that so many have become unemployed all at once. By the end of March, 7.1 million people had filed for unemployment due to COVID-19.

Many of the people who have lost their jobs are hourly workers, the ones who are least able to afford it. Those who work at or around minimum wage are less likely to have a savings account to see them through this difficult time. New unemployment claims are staggering – four times higher than the previous record set 40 years ago!

The economic issues are bigger than that. Small businesses that offer 70% of the jobs are in big trouble. Those who are not able to find a way to operate during these difficult times still have overhead and bills to pay.

Families across the western hemisphere are experiencing disappearing income and higher prices, with no real way to seek new employment. This is part of the Deep State’s strategy to destabilize nations, ruin their economies, and send millions of manufacturing jobs off to places where virtual slave labour does the work.

S&P Global Ratings projects the global debt-to-GDP level will swell to a record 265% this year. It also expects insolvencies and defaults to rise to levels not seen since the 2009 crisis. Default rates could double by mid-2021. We had a big debt problem even before the pandemic. The “cure” is now making the patient even more ill.

Virus Versus Gold

Behind the drop in the gold price goes a very foolish idea. As evidence is, that real money – financial reserves – can be replaced by credit and debt. People who believe this must be the real fools around.

Imagine you have a big stack of cash in your vault. Then, in financial trouble, you need to open the vault, get out your cash and use it to pay your creditors.

Does the market for cash go down? Does the value of your cash decline because people know you will have to give it to someone else?

The hypothesis is false. Real cash does not become less valuable when people find themselves in financial difficulty; it becomes more valuable. People scramble to get it. They need to pay their debts, settle their accounts, reduce their illiquidity by raising cash. They need cash. The demand for cash goes up, not down. But wait. Today’s bills are payable in paper cash, not gold. Debtors must raise paper cash by selling their gold for paper. It’s paper money they need to pay those bills, not real money.

That’s what makes this matter so out of the ordinary. The system runs on paper money. People spend it. People borrow it. Now people need more of it to pay their bills. So they sell their valuables, gold and silver, to get more paper money. Gold goes down, while central banks print up more paper money, just to make sure there’s plenty to go around. But the day will come when people will stop worrying about the quantity of the paper and begin worrying about the quality of it.

They will find that they have plenty of paper, while more is coming all the time. They will look in their vaults and wonder what they will do with all this paper money. They will have bills to pay creditors with sharper eyes and tougher standards. When they offer these new creditors more of their paper money, they will say, “Not That.” They’ll want some better cash, which of course is Gold and/or Silver.

In a financial crisis, or a depression, investors begin to doubt that their counterparties will make good. Banks fail. Investors go broke. You own a mortgage, and then you discover that the homeowner has left town, and the house has lost half its value. You own a note, and then you discover that the payer is bankrupt; your note is worthless. You own shares in a company; and then the company goes out of business.

When you are in a de-leveraging phase, you discover that many of the assets of the previous credit bubble are not really assets at all. And while you’re waiting to find out, you discover that the best thing to own is gold and silver. As uncertainty rises; so does the price of gold and silver. As a rule of thumb, the price of gold rises when the return on other assets declines.

The Deep State know that their end has come, that they will no longer be allowed to stay on this planet, and they know that they can no longer misuse humanity as a source of energy called slavery. The DS are leaving this world

What remains are people who have been brain washed by the Deep State puppets and who want to continue this criminal game with all possible means, which awake people still do experience today.

But don’t worry – once 50% of the people are awake, the Deep State know their dark interests are no longer served. At this moment in time, nothing seems to change and everything threatens to get worse instead of better.

Remember this is the last stand.

The ultimate illusion of this power elite is that they believe they can allow themselves anything and that the course of events will play into their hands.

Which will not happen. Just trust the plan. Do not worry, have no fear!

Within days, the old system will dissolve and the wounds of time in human hearts will heal in the following process. The day of true unity of the human race is near. On that day long-lasting peace is proclaimed.

The generations after us will honour this day, in respect of human unity, and keep peace on the cleaned-up planet Earth. Many awake people under us have prayed for it for a long time. But now we don’t have to wait much longer for it. After the 3rd of November the swamp will be drained forever.

If you found this information interesting, explanatory, valuable, or insightful, please share it with everyone you know to help awake and prepare them. And don’t forget to put up your national flag showing the world you are awake, and motivate the silent awake majority to follow suit. The more flags out show the cabal is losing their grip of power over us. There is much more enlightening information to follow! For which you are invited to subscribe free of charge.

Unity Creates Power

Our liberation process cannot be stopped anymore. Uniting with others who are like minded people creates and shapes our best reality. Worldwide networks of awakening people are being created, such as in the Marbella / Malaga area, which attracts an increasing number of participants in just a few months of existence, the group has grown to more than 300 members. If you would like to apply or learn how to start your own regional or local group, please contact FWC via email. Meetings and lectures in English are regularly organised. Our future lies in our own hands specifically in small communities that become the foundation of our self-managed society.

http://finalwakeupcall.info/en/2020/11/11/economic-meltdown/