Biden – Inflation – a risk to national security

Question: Hi Martin,
What do you think banks will do with mortgages if we continue to face high inflation and / or hyperinflation? Do you think we can afford to pay a mortgage with gold if things are bad enough?

Mark

Answer: No! The contract is in dollars and it cannot be changed. If confidence in the government is completely shattered, there will be no high inflation for it. Even a shallow analysis of German hyperinflation has created the myth that inflation is the result of increased money supply – Wrong !!!!!!

To set the record straight, hyperinflation followed Weimar Republic Forced loan In December 1922 when they seized 10% of everyone’s assets and gave you a bond that you can buy on eBay. Once that happens, people will no longer accept German currency and exchange everything for foreign currency, industry, rare currency, stamps and real estate.

In 1925, when Germany had to issue a new currency, it was supported No. By gold, but by real estate. The same humane response has occurred in Zimbabwe and even Japan as the emperors will devalue 10% of the arrears and issue their own currency at the new price. People refuse to accept Chinese currency and sacks of rice. Japan lost the ability to issue currency for 600 years.

This is inflation No. Money is based on printing. This inflation is based on the shortage of goods. The source is very different and it will not end well. Biden’s sanctions have weakened the entire world supply chain. We are all connected and that includes Russia and China.

To create more deliberate chaos, the Biden administration is now seeking to impose trade sanctions on China as well. US Trade Representative Katherine therefore spoke in favor of a dramatic change in US relations with China. Biden The White House has concluded that trade with China should change Defensive economic stance Instead of continuing under the Phase One trade agreement, mediated between the Trump administration and Beijing. Like everything else, whatever Trump does, Biden is going out of his way to reverse it.

This will further increase inflation by 2024 and remove any incentive to work together by destroying the world economy. Once Biden destroys economic ties with China to push for a Great Reset of the World Economic Forum, it looks like World War III will begin after 2024. Biden and his entire family have been bought and paid for. I find it objectionable that Democrats are demanding the withdrawal of Justice Thomas because of his wife’s remarks, yet Biden is treating China and Russia fairly well while they have poured millions into his family’s pockets.

Biden needs to be serious Moved From the office as a matter of national security.

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