Inflation and Hyperinflation: Lesson I. How to Deconstruct The Mainstream Narrative

Welcome to RIGGED [against you], the podcast that helps you RIG the wealth game back in your favor. I’m Terry Sacka AAMS of Cornerstone Asset Metals.

This is RIGGED. I’m Terry Sacka.

Today’s going to be a pretty powerful program. I’d say back on this one today, we’re going to talk about how to deconstruct some of the main stream type of narrative regarding inflation hyperinflation. And what I want to do is tell you today’s program really is about what this inflation and hyperinflation really is going to mean for each and every one of us, you see, they talk about, well, it’s going to be higher prices and, you know, it’s, it’s transitory, it’s going to be temporary, but this time around, it’s very different. And I think for most people today, I’m alive, uh, that, you know, remember the transition. Anyway, I think the very last transition, but it wasn’t something we were able to catch was in 1970, when we came off the gold standard and we were involved in the Vietnam war, I think for the most part, you know, society was entrenched in the concept of war and what that was doing to our communities.

And at the same time, we were having extraordinary inflation with interest rates because we were in introducing the new monetary system, the new federal reserve note that we have in our wallet today. So at that time, um, it’s really interesting because we didn’t, we were starting off into a new system, a new currency. Now we supposedly had some asset backed. We didn’t really have any debt at the time. Uh, and we came out of the gate with just a few hundred billion dollars in debt, which of course in 1970 71, that was pretty good. But we came out of the gate and through that, uh, we, we had obviously some inflation because there was all this cash chasing in. I think it was really about the distraction of what was going on in Vietnam and all the money that needed to be spent. And gold was just keeping us from doing that.

And so that was really the day that the dollar died. Although we know we’ve had our 50 years of fun with it, uh, but that’s when they took us off, you know, permanently off a tangible asset backed currency or money at that point, we could actually call it money, uh, because when a currency note and like the dollar bill you’re holding is actually backed by gold, silver or tangible asset, it actually is called money because it does have a storage of value over time because inflation is real. Although a lot of inflation is manufactured because of monetary policy. So in the seventies we were brand new. We were coming off this system of gold and they decided to hit the printing presses. And then of course, you know, interest rates shot up, you know, for many of the younger ones, you know, we were seeing 19% interest.

And can you imagine how that just, you know, stall the economy? Um, we had gas lines around the block, uh, you know, 19% interest was making a home almost just unconscionable to get, but everything’s evolved in 50 years, we’ve evolved our finances or in an electronic world. You know, we have a lot more credit card base than we ever had back then we have a lot more credit extended than we did back then. Although all of this has created, did a enormous debt bubble in not just the federal government, but the individual people. We, the people, the average person then, and how much debt they may carry, uh, between, you know, credit cards, personal loans, automobiles homes, uh, that a lot of that has changed. Um, you know, there were things you can do in the seventies that you can do today. You know, in the seventies, you could have a single earner parents in the household and they can every literally raise a family.

They can, uh, they can go to college, you can pay for your own college. You can have a car, you could have your own home. And then when you got married, you were able to, but then it changed quickly, of course, because the inflation started screaming. This is the essence though. Many people are thinking, well, you know, we did it in the seventies, these, and we had these years, but then we came, you know, we got this boom. And then of course, you know, the wall street, the eighties, uh, all the movies you can go, you know, we’ll watch about that. Cause that was instant greed. As we were creating credit out of thin air, it was just really on the books. And, and so we would issue more bonds, issue more U S treasury, and then we would keep spending money and just spending money and spending money and caused a massive stimulus into the banking system, which of course, you know, led to the big, big boom of the eighties of, of the stock market and because it was new.

And so they had to add that ability to create. And so I think a lot of people sometimes say, yeah, okay, I get inflation. It’s really horrible right now. But you know, if they’re thinking anything like history pattern or cycle, there, there’s a good chance that they’re going to be wrong because this time it’s different. And that’s what we’re going to get into today, breaking this down. This is probably going to be a two or three part series on it. Um, I’m going to do my best to stay pretty focused on, but it’s really good stuff because I think the perception out there in our country is, yeah, now we’re seeing higher prices, but for the most part, we don’t really understand the major impact it has. We do know for the short term what impact it’s making. Obviously we’re paying more for things, but you know, the whole concept of it being transitory and the way the mainstream tries to tell you all it’ll get better.

There is no doubt. There will be some products that price has come down and they were probably, you know, potentially even be a call for a deflation, which means prices come down and the economy slows down. The only real problem with that is we’re, we’re talking right now. Not that it actually passes. I’m not sure what’s going to happen. Um, the evidence is coming out overwhelmingly in, in states that are changing their laws and doing audits that the election is no doubt was, was coordinated and rigged across, uh, for the most part battleground states. And I, I really believe that these machines at the end of the day, even out in California and other places probably were corrupt to an extent. Um, but they’re going to find a lot of anomalies and are going to find out that this really was a coordinated rigged election on top of a virus that they’re now seeing, um, coming out, which we knew from day one I did because of military, but of course, you know, the main stream runs the narrative.

They run the lie of our culture. They run the law guy of our world and for the vast, most of it, they take and spin and it’s a stir spin masters where they get, bring something to you, but it is 98% of it is really false interpretation. But anyway, we know that there’s a big issue here and they’re going to probably see this unravel, which is not good because we know the virus was made in a laboratory. You know, at the end of the day, they’re going to find out it was, it was a bio weapon. Absolutely. It was Ram with a Chinese military. It was even coordinated through our own military. At one point, it was released and sent from the United States in research over to China’s Wu Han lab. And I believe like 2014 and the money was following and they got caught because there’s a paper trail and there’s scientific paperwork attached to it.

They were definitely doing gain of function research, which is basically making the very virus that destroyed our world in the last year and a half. That was manmade. It could have never infected a human beam if it didn’t have these man-made spike proteins added to it. Well anyway, so because that’s playing down, it is really Rican having now, obviously in the financial system, I didn’t really believe that it was not just, um, an effort to make sure that they can do the cheating and the election by mail-in ballot. But I also believe it gave them, uh, what they were going to make sure having that Donald Trump would not get back in. And then they go on this tirade of monetary spending. And I believe it’s, it’s not only unbelievably reckless, but it goes back to a cloud Piven theory where, you know, you just destroy the system from within, and then it screams and demands attention tension.

And is that screaming and demanding attention, uh, that, um, will be something that we’ll have to reckon with, but it’s, it’s in that screaming and demanding of attention, you know, for change that they can, our show in a full-blown communism or a socialist agenda. I mean, it’s pretty clear that there’s a big chunk of holiday here in the United States that is, uh, buddied up or eight to China. They definitely are a part of the Chinese communist, um, wealth trap. Uh, you’re seeing it and not just Hollywood, but our sports and a lot of our politicians, they would rather have the money than have the integrity, uh, for the constitution, freedom sovereignty, uh, rule of law, you know, rights, human rights. You can go on and right, we’re selling out. We have a big part of our country willing to sell out. And then they call people that want to preserve that integrity.

You know, these supremacist racist types, which is just a ridiculous comment. You’re dealing with communism and you’re dealing with capitalism folks and they’re trying their best. But with all that said, this is not the seventies though, is the whole entire point. This time it’s different. We not only have all of the assets back in the seventies, we had that we were leveraging, uh, which allowed us to expand our monetary base. We were taken over the money system for the most part, we were controlling the swift, which is how banks would pay, going to money with other banks. And then we began the process in the seventies of actually be making the world. As we see it today to, to a large extent, we started becoming the world’s, uh, largest creditor nation. Uh, we would, you know, give money to everyone. We kind of paid people off.

We pushed people around. So we’ve gone from the world’s largest creditor nation, running the monetary system to then being the world’s largest debtor nation we’re America’s debt load right now is the largest debt that any nation has ever incurred in the history of the world that I’m aware of. So when we’ve done that on a time when the baby boomer generation was just beginning to make taxes in the seventies, they were a large generation of real heavily produced type of people. There was a lot of work available at the time and they just were moving well. They were paying taxes. Now that very generation is coming off of paying taxes and going onto these unfunded liabilities. And when I say unfunded liabilities, I’m talking social security, Medicare, Medicaid, and we can go on into other programs. Now, many people say, well, we pay taxes for that.

Yeah. But they spent that money. They never saved it for the rainy day in there, just a Robyn from, from the, uh, the president who or the Robyn from the future to pay for the present. Well, the present or the future is here. And so now that the future is here, here, they don’t have the money to cover the vast programs of Medicare and social security and to sustain the Medicaid. But that’s just a small aspect of it. The point being is that our nation in the seventies was beginning this experiment and to the new system. And we had a lot of leeway and leverage. We had a lot of wiggle room and we had a great war going on. Not that it was a good war. I’m just saying it was a distraction, a great distraction to where people didn’t realize what just happened to their future savings.

So for those in the, in the seventies that actually saved for the future in retirement, if they saved it in silver and gold at the time, they would be extremely infinitely wealthier. And obviously it took time to burn through the system. But here we are today in 2020, and our monetary system is completely annihilated. There is so much in the funny math world of off counting of book accounting, um, government agencies swapping with other government agencies, issuing bonds, buying them back, reissuing them where honestly, the U S treasury probably has on average three, four, five owners. I mean, it’s a ridiculously sloppy, um, spider web of complication that, and they like it that way because then no one really understands that essentially the system is busted. So next week we’ll continue this series and God bless each. And every one of you

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