You're right. The problem exists on multiple fronts. Some of it is beyond my paygrade and, admittedly, may sound like tin foil hat conspiracy theories. I'm posting this one, not only because it is something I do comprehend; it also can be confirmed by recognized news sources.

The New York Federal Reserve is printing $75 Billion a day and is releasing it into the banking system because of the interest rates between banks have skyrocketed to 10%. The question is, why? What is happening in the banking system for them to have this cash flow problem? Banks are in trouble. The question is, which ones? If they know which banks are in trouble, people would be withdrawing their money out of those banks, money which these banks do not have. Banks can shut down. When banks shut down, what happens to your money?

https://markets.businessinsider.com/news...19-9-1028541586

What I linked is just one source. Other articles can confirm this. I can post them if need be.

Jeanette Isabelle

A member of the forum, in a private message, sent me a link to this article on an inflationary depression.

Though it has nothing to do with the feds printing $75 Billion a day, it fits the bigger picture.

https://www.goldmoney.com/research/goldmoney-insights/an-inflationary-depression

Jeanette Isabelle

Sounds like basic economic bafflegab; maybe it's on the money (so to speak) and maybe its just more hot air adding to global warming.

Stay tuned....

As always, basic preps are a good idea, jor this possibility and well as many other potential earth shaking events (you can tell I have a SoCal perspective)

A few things were unclear to me; the meat of the article was very understandable.

Jeanette Isabelle

Thanks Jeanette. The article, An inflationary depression really is too much to take in all at once. I had to break it down into bite-size pieces and still don’t fully understand how it all unfolds. Like I said in an earlier post, imo it’s all an experiment.

You could probably teach a post-grad economics course based on this article. Lots of info, theory and statements that could be discussed and dissected at length. Regardless, the last three paragraphs wrap it up quite well:

If printing $75 Billion a day until October 10 was not bad enough, the New York Federal Reserve extended it to November 4.


https://news.yahoo.com/ny-fed-extend-ope...&soc_trk=fb

As part of my last-minute preps, I'm updating all of my medical and first aid kits.

Jeanette Isabelle

If we go back with our thoughts to 1999 and remember the worry about Y2K, it may help us to balance our thoughts and emotions.

In every culture there are 'signs' or 'prophecies' ..etc. and older people have seen some come and go without much materializing. So, I would say : we should keep prepping as we normally do. Not a bad idea to step up the pace if it makes us less stressed. But really, there is just not that much more any of us can do about a real-life big-bang type of SHTF.