Community | March 28, 2011 | 34 comments

Millions Could Starve To Death With Tsunami of Inflation Thats Coming

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fishermanny
The earthquake, tsunami, and nuclear disaster that hit Japan this past week and the destruction that it caused is nothing compared to the tsunami of inflation that will soon hit the U.S. as a result of this crisis. A tsunami of inflation in the U.S. will mean a complete collapse of our monetary system, which could lead to millions of deaths due to a lack of food and heat. 44 million Americans are now dependent on food stamps, but when the U.S. dollar becomes worthless as a result of hyperinflation, the government will no longer have the power to support these Americans and many of them will simply starve to death.

Japan's citizens were smart enough to save up $885.9 billion in U.S. treasuries to spend in a situation like it finds itself in today. The U.S. has no such savings and is the world's largest debtor nation. Our ability to survive depends on our ability to print money that has purchasing power. The only reason the U.S. dollar still has purchasing power is the dollar's status as the world's reserve currency.

All Japan has to do is sell their U.S. treasuries and they will have the financial resources necessary to rebuild the parts of their country that were destroyed by this past week's disaster. However, U.S. Treasury Secretary Timothy Geithner said on Tuesday that he doesn't think Japan will unload their $885.9 billion in U.S. treasuries. It remains to be seen if Japan will do the right thing and sell their U.S. treasuries or if they will ...
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http://members.beforeitsnews.com/story/513/556/Millions_Could_Starve_To_Death_Ts...
  1. groups:
    Community,   Greatest Depression,   Right Wing Nuts
  2. tags:
    hyperinflation,  Hyperinflation could cause starvation,  Collapse of the dollar
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34 comments // Millions Could Starve To Death With Tsunami of Inflation Thats Coming

  • COMMONSENSEFORCOMMONGOOD_COM
    • 0
      COMMONSENSEFORCOMMONGOOD_COM  

    • Basically bullshit! The reason unemployment is high, is because the Fed has kept inflation to an artificial low of @1%. This is not normal, or healthy for America, but it is good for employers who want cheap labor and banks who want to use your money for nothing. When the fed raises rates, which corporate Bernanke conspires not to do, prices will go up a little, (But nowhere near what they try to scare us into believing), employment will go up and will will be less attractive to deport jobs.

    • 1 year ago
  • Danny_Mcstotts
    • +1
      Danny_Mcstotts  

    • Stop allowing unjust speculation! People all over the world are starving because someone on wall street wants a new yacht and Maserati, for doing nada!

    • 1 year ago
  • Paratus
  • Wetdog
    • +2
      Wetdog  
    • Paratus:

      Stop spending money to import oil. Start making our fuel right here.

      Stop spending money to build a war machine for oil companies.

      Buy what you need. But need what you buy.

      Look for the label "Made in the USA".

      When you help others when they need help---you are helping yourself when you need help.

      If you want freedom and security, spend less than you make, and save as much as you can.

    • 1 year ago
  • Paratus
  • Wetdog
    • +4
      Wetdog  

    • Want to reverse the forces of inflation?

      The single most effective thing that can be done is do not buy oil.

      We are spending nearly $ 1 Trillion per year to buy a raw material from overseas to make a product that we are only going to burn.

      Biofuels can do anything that can be done with petroleum. And we do not have to pay dictators and terrorists or fight wars to make biofuels. Making biofuels here from raw materials that are simply wasted now will provide jobs here, where we need them.

      The oil industry has ads on TV right now. They are telling people that oil provides 9.2 million jobs. They are telling you the total amount of people who are employed in the oil industry. What they are not telling is---almost two thirds of the jobs on their payrolls are overseas.

      The solution is simple. Keep the money we spend on energy here. Make our fuel here, from resources we have here. By people who need jobs here. People who live here and spend the money they earn here.

      Don't use oil.

    • 1 year ago
  • Wetdog
    • +4
      Wetdog  
    • Wetdog:

      PS: don't worry about money---money is only the medium of exchange. It is little green pieces of paper that say IOU. Money,in and of itself, is worthless.

      True wealth is what products and services you can produce.

      If we concentrate our efforts on bringing back the ability to produce the products and services people need most----we don't have to worry about what "money" does.

      Take my word for it. Money is not wealth, it is an illusion. When we produce what we need here, by people who work and live here, we will be wealthy----and do not depend on things we need coming from somewhere else.

      If you want to be free----depend on yourselves, not others, for what you need.

    • 1 year ago
  • PressCore
  • royulery
  • COMMONSENSEFORCOMMONGOOD_COM
    • 0
      COMMONSENSEFORCOMMONGOOD_COM  
    • Wetdog:

      And that's what we were doing before John D. Rockerfeller paid Congress to pass Prohibiton, which forbid making even industrial alcohol, and forced the consumption of fossil fuels on America. Hold the legislators liable for treason, and we can stop that shit in it's tracks!

    • 1 year ago
  • TasteHi
    • +1
      TasteHi  
    • Image

    • **A typical reactor will generate 20 to 30 tons of high-level nuclear waste annually. There is no known way to safely dispose of this waste, which remains dangerously radioactive until it naturally decays.

      **The rate of decay of a radioactive isotope is called its half-life, the time in which half the initial amount of atoms present takes to decay. The half-life of Plutonium-239, one particularly lethal component of nuclear waste, is 24,000 years.

      Here's the link to all the PRO's and CON's to nuclear energy: (c&p address)

      http://www.wagingpeace.org/menu/issues/nuclear-energy-&-waste/nuclear-energy-fact-sheet.htm

    • 1 year ago
  • derk
  • TasteHi
    • +2
      TasteHi  
    • derk:

      I AGREE!

      we currently don't have a way of eliminating the nuclear waste that's already being produced by the power-plants today...

      From what I hear we've just been paying Native Indians in Wyoming and a few other states to stash the waste down a mountain shaft.

    • 1 year ago
  • mapczar
  • TasteHi
  • riverratt50
  • TasteHi
  • hombre76
  • mitekillem
  • royulery
    • +1
      royulery  

    • even if the dollar becomes worthless, america still has it's land. unlikely as it may be, if the dollar fails then we can trade in tortillas.

    • 1 year ago
  • extracrazykiwi2008
  • unimatrix0
  • fishermanny
  • unimatrix0
    • -3
      unimatrix0  
    • fishermanny:

      Sorry but Infowars is not a legitimate source of news.

      You will be fine. Don't let the big bad conspiracy wing nuts frighten you. Do yourself a favor and do not read Infowars - that is crazy bad shit.

    • 1 year ago
  • nanac
    • 0
      nanac  

    • I would like to think that America has safeguards in place to prevent a complete collapse of our monetary system..

    • 1 year ago
  • pissedoffinarkansas
    • +2
      pissedoffinarkansas  
    • nanac:

      HELLO!! Were you here three years ago? The "safeguards" in place were $700,000,000,000.00 of tax-payer money!! We don't have that to hand out again. If the system crashes again(and there are a lot of intelligent people saying it is entirely possible,if not likely) all hell will break loose and alot of people are probably going to die. Call it "fear mongering" if you like but if we learned anything from the first collapse it is that the PTB don't give a shit about us as long as the "system" survives. Check out these sites,www.foavc.org or www.OsiXs.com. Come on, join the fight!

    • 1 year ago
  • alexandrek
  • fishermanny
  • mapczar
  • KB723
    • +1
      KB723  

    • Honestly, which would be worse? Starving to death or dying by radioactivity. I can't say which would be worse. Perhaps we will all have a chance to state our own opinions down the road. =(

    • 1 year ago
  • fishermanny
  • KB723
  • John_Forbes
  • fishermanny
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