"Only a virtuous people are capable of freedom. As nations become more corrupt and vicious, they have more need of masters."—Benjamin FranklinThe great experiment of unlimited democracy has failed. If you doubt me, then I defy you to look at the economic picture, the situation in the mideast, the unfathomable burden of 16 trillion dollars of debt, rampant ignorance, intransigent public sector unions, cities going bankrupt with whole states soon to follow, proliferating nuclear arms around the world and especially ominous in iran, Israel abandoned, constitutional freedoms overruled by executive fiat, and then tell how we can turn this around with someone like Obama for a President!
We've been printing lots of money these last four years. If this continues—and it will—you can expect the price of everything: milk, bread, meat, gasoline to continue to go up, up and up. Conservatives voted, and we lost. The pied-piper is leading us down the primrose path to our final destination. At the journey's end we will find insolvency and bankruptcy.
Here are five hyperinflation case studies presented in 12 slides. The causes and consequences of each episode are detailed on the sidebar to the right of each slide. Mark well how they happened, because when you do, you won't be able to avoid noticing the shocking similarities between these cases and our own situation, today.
When a country descends finally into clinical hyperinflation what you see happen in every case is massive privation and suffering in the private sector, misguided attempts to fix prices, repeated adjustments of the currency, and finally civil war and the end of a regime.
Conservatives just lost the final battle for the virtuous control of our democracy and thus the war is over. The Koolade drinking donkey has got the bit in its teeth and it's making a mad dash for the cliff edge.
Our republic was planned and designed around the idea that it would be of and for a virtuous people, a society of patriotic caretakers of this fragile democracy. Over time, more and more of the virtuous in our society have retired and finally died without being replaced. The virtuous became fewer and fewer, generation after generation. The reduction in their numbers greatly accelerated when the unprincipled succeeded in banning religion from the classroom. It accelerated again when medicine provided infanticide as the cure for an unplanned pregnancy. It accelerated again when homosexuality became the state religion of Hollywood. Now those without principle outnumber those who possess principles, morals, character, and a work ethic.
Today the indolent slothful unprincipled majority have now succeeded in wielding their sovereign franchise to force we the minority who work and create, to be their slaves forever more. From Starship Troopers—by Robert Heinlein—here are some insightful quotes:
To vote is to wield authority; it is the supreme authority from which all other authority derives ... the franchise [the vote] is force, naked and raw, the Power of the Rods and the Ax. Whether it is exerted by ten men or by ten billion, political authority is force.It is no use trying to teach the unprincipled the error of their ways. They are the very portrait of feigned outrage and eyes full of laughter. They won't hear your argument. They won't understand it. They won't believe it. Finally, they will refuse to accept the consequences of not heeding it. Listen! You kill a vampire by exposing it to the light of day and driving a stake through its evil heart. There is no compromise possible when you're dealing with evil. It's you or it's them. So, with that, here are some starting principles. None of them will harm you and many of them will help you. Most importantly, every one of them will give you a little more power over your own life and that of your family and take it away from the Vampire in Chief.
To permit irresponsible authority is to sow disaster; to hold a man responsible for anything he does not control is to behave with blind idiocy. The unlimited democracies were unstable because their citizens were not responsible for the fashion in which they exerted their sovereign authority ... No attempt was made to determine whether a voter was socially responsible to the extent of his literally unlimited authority. If he voted the impossible, the disastrous possible happened instead—and responsibility was then forced on him willy-nilly and destroyed both him and his foundationless temple.
- Reduce your reliance on money to the fullest extent possible. If you want a good or service, find out if trades in kind are possible. In the fullest example of this idea in action, I envision non-profit farming cooperatives owned by shareholders who receive fresh meat, eggs, milk, and produce as a benefit of ownership. If wrapped in the mantle of some politically correct title like: Institute for Sustainable Agriculture in our Local Community—ISALC—This start-up non-profit could qualify for all kinds of government grants. Please take note: I'm no longer trying to save our corrupt regime. I'm the kindly hospice attendant patiently waiting to see this regime to its inevitable end. In the process I'd like to avoid starvation myself, so my plan is to kill two birds with this shiny politically-correct-looking stone.
- Secure a long-term source of food and water. A cellar full of canned food is a vital necessity. Having your own well is highly preferable to depending on city water, but sterile water in sealed containers would do in a pinch.
- Secure your home from invasion. Steel doors and bars on the windows. Exercise your second amendment rights and buy a gun, or two, or more! Don't forget ammo. If you have kids you'll need a foolproof method of containment like a gun-safe otherwise you may well regret it. If you like dogs, consider getting a useful one. German Shepherds and Rottweilers are the police dogs of choice for a reason. If you have the wherewithal you might consider constructing a safe room. By the way, central to the idea of a secure home is living in a secure neighborhood. If you live in a high-crime area get out now. In a severe economic downturn these places become death traps. Finally, don't advertise. You don't need a flashy car. You don't need a swimming pool. You don't need all those trappings of somebody trying to keep up with the joneses. Stop it. Think nuclear winter, think armageddon, think Zimbabwe. Think long and hard before you buy something just for entertainment. Think!
- Preserve yourself and your family by being hyper-alert, always. Get healthy. You can't afford to be fat and slow. Take a self-defense course. Learn how to shoot your weapon. Get a concealed carry permit. Become a black-belt. We still have a few years yet, so you'll have time to enjoy that new-found feeling of confidence...but remember, don't get cocky.
- This next idea is not fully fleshed out but it's not some kind of stupid computer bit-coin idea, either. The dollar is dead to me. Soon it will be dead to everyone else, too. We need to discover or create a viable alternative. My idea is a unit of money which represents a set unit of professional work performed over time. Professional meaning: medical professional, electrician, et cetera, in some highly trained profession. They could call this new unit of currency a joule or perhaps an acronym related to the name of their consortium, group, or organization. Obviously it would take a sizable group of workers, business owners, professionals, farmers, and others who would meet and hammer out the many details. Products and services could be priced in this new currency based on dollar values agreed upon in the initial meeting. I'm not sure about the legal issues here, so if you're in the know, please leave a comment.
- Become energy independent. This is almost impossible but the more you can accomplish towards these ends the better off you're going to be. An underground cellar would keep food fresh longer than a refrigerator with no electricity. If you want a gasoline powered generator that's fine but remember you may not be able to get gasoline and furthermore remember those things are loud and draw attention you may not desire in a dystopian America.
- Learn to fish, hunt, and forage. If people don't know it's food there's more for you. In times of great famine the government contracts and takes for itself all available food sources. They take over farms they search homes and cellars. Self-sufficiency means being able to successfully live off the land for an extended period of time.
- Kids are naive. You need to know what they're learning and perhaps more important what they're saying and who they're saying it to. All your plans could come to naught if your kid starts blabbing to some kind of local gestapo—to include teachers, and coaches, and any government worker.
- Money in the bank, IRA portfolios, 401Ks, stocks, bonds, investments of whatever kind, may have value today, but you can't assume they will tomorrow. In a country with hyperinflating currency, the farmer is rich while the banker starves to death.