It was forecast to get down to 48F last
night. I don't know if it got that cold. I didn't look at the
thermometer when I got up. It was in the fifties when I noticed. I
was impressed by the beauty of the world. The Sun was brilliant.
Everything looked so bright. Yet, one can feel Autumn on the horizon.
There is a change in the offing; despite the 80s forecast for next
week, we know the seasons are achanging. I noticed Wednesday, as we
were driving through the countryside, the Red Maples were beginning
to show red. It was especially noticeable on the edge of boggy areas.
I am not sure what we need to prepare
for concerning a financial crisis. It has been discussed for a long
time that the present course must end. When I was growing up, we were
told frequently that we had stores of gold in Fort Knox to protect
our money. When I first looked at dollar bills they were labeled
Silver certificates. Coins still had face value. Dimes, quarters, and
half dollars were silver. Nickels were nickel and pennies were
copper. I was in graduate school [1964 to 66] when silver coins
disappeared from circulation. It was rumored that the metal was worth
more than the face value of the coins. They disappeared so fast it is
hard to believe that individuals did it. I suspect the government
vacuumed them up, but there was no word about it.
Over the years paper money went from
being silver and gold certificates, to promissory notes and now they
are labeled Federal Reserve Notes. Take note that the Federal Reserve
is not part of the government. The transition from precious metal
backed money, to fiat money, was gradual. I believe the last remnant of
the gold standard died in the Nixon administration. It had to do with
his refusal to honor a request from France to pay a promised debt in
gold. From there, the gold standard was left behind both
internationally and nationally.
I was not one to object to the switch
to fiat money. I argued, at the time, that it is artificial, whether
it is gold or paper, and if we all agreed to accept that a piece of
paper, had such and such value; what difference would it make. I
trusted the government not to poop in its own nest. If people are
honorable, there is no reason, fiat money can't work.
However, there is greed, there is
corruption, there is stupidity and it is much easier to manipulate,
the national and world economy, if you can print all the money you
want. Banks always had control, now they had a new instrument to use
for manipulation. It is a good point to remind ourselves, that the
Federal Reserve is a private corporation. It is not part of the
government and congress in not capable of overseeing it.
It would take too long a blog to spell
out, with clarity, how this became a problem. The world financial
markets became a gambling casino for the greedy. Money may have
always been used, as a tool for punishing individuals and countries,
but it became refined in the hands of the current banking cabal.
I don't know what was in the mind of
these folks. They obviously wanted world domination and money was
there most powerful weapon. They must have known their system would
collapse. They couldn't print money based on nothing forever. They
must have believed their war strategy was going to be successful and
they would have complete control of the World before the collapse.
They didn't count on a successful
rebellion against the World Reserve Currency and the Petro Dollar,
both of course in U.S. dollars.
What happened? The Petro Dollar has
been in danger ever since some countries decided they could sell oil
for other than U.S. dollars. They could no longer be punished
militarily. It was to risky, and the cabal counted on most countries,
having large caches of dollars, so they didn't want to jeopardize the
value of the dollar, either. The dollar has continued to hold sway as
the World Reserve Currency. All other currencies are valued against it,
and in many World trade transactions, it is the preferred, if not the
required currency.
Several countries, with the leadership
of Russia and China, have formed their own monetary system in
opposition. They have created banks, that are lending money to third
world countries, and undercutting the current regime. It has been
rumored for several years, that they were amassing gold reserves, and
they would be issuing a gold backed currency that would challenge and
replace the dollar, as the World Reserve Currency.
It appears that there is a foundation
for these rumors and chaos in the world financial system will happen
soon. The dollar would no longer be acceptable in world trade, if
there was an alternative, that had real value.
There will be a world wide re-set of
currency values. The dollar will lose greatly on the world stage.
Domestically it may retain a third of its value. I wouldn't know how
to foretell this. This event will signal the beginning of the
collapse of the world financial institutions. The rest of the systems
will follow.
This is a long preamble to discuss what
I had planned for today. "How do we prepare?"
First of all, despite how dreadful it
seems, there are people awakening at all levels of society and
government. Many people have seen this coming. It is even rumored
that the U.S. is preparing to issue new currency.
I think we should imagine, how we would
get along, if suddenly we had no money for a period of, at least, a
few months. It could be longer.
It was common where I grew up for
families to have stores of food. My grandparents had stores of canned
meat and vegetables. When freezers were available, they acquired them,
and they were stocked. Likewise, my parents, always had reserves of
food. My Mother had a large garden and she canned enough vegetables
to last for a year. My dad would buy a whole pig and that would be
frozen or canned. There was venison and fish that were caught. Before
we acquired a freezer, we had meat, in a crate, outside on a porch
roof, accessible from an upstairs window; only in the Winter, of
course.
We, Jamie and I, spent seven years, living off the
land and existing with very little money. Jamie did a great deal of
canning and preserving food. We had no electricity, no running water,
it is much easier with freezers; we have three now.
It is not a big deal storing enough
food to last a couple months and perhaps, specialty items, like
coffee etc. we may contribute to the community.
I have a great deal more to write, and I need
to get at some chores. I have a list of suggestions. I will supply
them on Monday. I don't think we are in that much of a hurry.
Whenever a disaster happens folks rise
up to the occasion. We will be okay. We love each other.
Have a Happy Friday! Celebrate! Sing
and dance!
Love and Peace, Gregg