It was 100 years ago that the Weimer Republic created what became known to many as the wheelbarrow economy. Because folks were filling up wheelbarrows with all the paper money printed up as fast as the presses could print it. They would have what amounted to billions, even trillions of Papiermarks in their wheelbarrows just to go buy a loaf of bread. Inflation was rising so quickly that the price of a cup of coffee changed from the time it was ordered until it was served.

They had somewhat of an excuse. They were attempting to pay back reparations for their part in World War I and losing that war. They couldn’t pay back the debt because countries such as France, and others, as a result of the Treaty of Versailles took over Germany’s most productive industrial regions putting evermore economic pressure on the Weimer Republic.

People in America haven’t been paying attention. As the government has hoped and planned. Keeping people constantly occupied with COVID-19 and every other banal and nonsensical thing under the sun that does not impact the majority of people. Passing off this constant stream of banality and dung as news. In the hope, no one, or few would pay attention to what is really taking place.

America is printing money as fast as it can. 24/7/365. We’re imitating the Weimer Republic. We’ve been doing this for quite some time now and increasing the printing of money each passing month. Only we don’t have the excuse of paying back reparations due to losing a world war. We’re doing this to build a cardboard socialist society. Egotistically, arrogantly marketing on every level, in every platform how the government is going to alter the environment. Make things better. Change the weather. Save the earth. Make sure everyone receives guaranteed income without having to contribute, or work. To do their fair share.

The National Debt topped $30,000,000,000,000 for the first time in history.

Numbers have become mind-numbing to folks and they appear to not be able to comprehend the depth of what amounts of money mean. How quickly all of this has happened, is happening.

Here’s something to think about to put $30,000,000,000,000 into perspective.

A trillion seconds equals 36,688 years.

America’s debt has topped $30,000,000,000,000 with no controls, no management at all. It’s been in freefall. It’s we’ll just print more money and disregard history, what happened in Germany 100 years ago can’t happen here.

Massive economic collapse and the resulting reality that brings is a sign of the last of the last days. It is different this time than it was 100 years ago, even 50 years ago. Any other time in world history. Because now all the world’s major economies are linked via trade agreements, manufacturing, food production, and transport. All goods and services, even financial services all linked and scattered around the world acting as one entity. One economic engine. That has never been maintained and the shop has been staffed and operated as blindly, foolishly hurriedly, and ignorantly as the most incompetent of businesses. Appearing to think without the thought of thinking things through —  and selling to the public a conversion is needed. A radical conversion is required. The economic engine is being converted over to an electric one, a digital one, a cryptocurrency one as the engine, the foundations that the world has operated on for millennia is now evil in the sight and mind of the world — only the conversion isn’t the kind the governments, the rich, the corporations, the people really need and is going to just expedite the end. More things are changing radically around the world than they ever have in the history of the world.

What happened in and to the Weimer Republic isn’t ancient history that has no relevance to America today. The same blind, lost human nature is behind the machinations of the U.S. economy, treasury, Congress, White House and corporations, and populace as was taking place in Germany 100 years ago.

Don’t say you haven’t been notified.

Read the Bible. Really study and cherish it. Hold it in your heart and ask God for discernment.

Read and know the signs of the times. They are evident all around every single day if only people would pause to pay attention.

So many folks think today is terrible. Difficult. And it’s got to get better. This man, that woman, this next election, if only…if only…

Today will be looked upon as the “Good Old Days” when what is coming arrives.

For things are going to continue to be perverted, altered, lies will increase — if that is possible — famines, wars, rumors of wars, diseases, massive death in various areas of life on this earth. People are going to see things they never imagined possible. The deceptions will increase and become greater and greater. People will act as if they have lost their minds, their ability to reason. This is already present and increasing. The people are given over, by God, to their unrighteous, wicked lusts, greed, perversions, selfishness, lawlessness, and immorality. Given over to their reprobate minds.

And it’s going to get worse.

And worse.

A lot worse.

Oh, not what anyone wants to hear. That’s why subscribership, readership, and folks coming to this place are few. It’s a good place for diabetics to come because there is not a lot of sugar found here. Who wants to confront reality? Who wants to confront and believe what is in the Bible, and then have someone tell you it’s all true. Don’t doubt it. Don’t doubt a single word in the Word.

And as such? It’s going to get worse.

Don’t take my word for it. Go to the Word and learn, examine, meditate upon, discover, and believe. Hold its words and instruction in your heart and spirit. And place all your trust, hope, faith, and obedience on God, on the Lord Jesus Christ, on the Holy Spirit, and in the living and inerrant Word.

And don’t worry about all the printed money and inflation. Paper money becoming worthless and having to go to the store with a wheelbarrow full just to buy a loaf of bread as Germans did 100 years ago — because you’d better prepare better than that within your spirit, your heart, your mind — because 100 years ago the paper money was worthless and people were dumping out the paper money from the wheelbarrows and stealing the wheelbarrows because they were worth more than the billions of dollars in the Papiermark, later to be changed into the Rentenmark in 1923, the peak of the Weimer Republic’s printing of money. Hyperinflation and the fall into the abyss.

One Million Mark Notes were used as notepaper in 1923 Germany.

Folks might say or think what happened then cannot happen now, Not the same. People now might not be carrying and holding paper currency as folks did 100 years ago. It’s all little rectangles of plastic with digital information implanted in the cards, swiping a mobile phone over an electronic device. Just a click here, a click there. Certainly not the same.

Right?

So what are you now getting with each swipe of the cards? Pass of the mobile over something. A click here and click there. The same as 6 months ago? 2 years ago?

And if you believe for an instant there are wise and intelligent people in control I pray you will begin to think and believe in a much more realistic manner. Sooner rather than later.

Can’t keep going on as we have. There is a time of reckoning. An accounting even though in this reckless situation no accountants can be found, no sound words, no wisdom, no true leadership.

Ken Pullen

Monday, February 14th, 2022

ACP — A Crooked Path

Countdown to National Bankruptcy

How to destroy the economy with this one weird socialist trick.

Friday, February 11, 2022

By Daniel Greenfield

Reprinted from FrontPageMag

Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is an investigative journalist and writer focusing on the radical Left and Islamic terrorism.

On Feb 1, the New York Times ran an article warning that the national debt had topped $30 trillion for the first time, leaving us in so much debt that “the government would need to spend an amount larger than America’s entire annual economy in order to pay it off.”

That’s a problem.

Five days later, the same paper ran a puff piece touting Modern Monetary Theory and its claim that you can just print as much money as you want to fund an infinite welfare state.

The “economic theory” embraced by Bernie Sanders, AOC, and Starbucks hipsters everywhere “posits that if a government controls its own currency and needs money…it can just print it.”

No wonder Rep. Alexandria Ocasio Cortez, whose economics degree from Boston U has appreciated worse than anything at Walmart, insisted that MMT needs to be “a larger part of our conversation.” It needs to be because MMT’s cult-like denial of reality is how we got here.

House and Senate Democrats, along with the Biden administration, which is packed with Sanders and Warren apparatchiks, have tested the theory that money can just be printed. Now once interest hikes on the national debt kick in, we’re headed for $1.4 trillion in interest.

So we’ll just print more money.

The New York Times claims not to understand why this might be a problem. Or as Stephanie Kelton, the leading proponent of MMT, put it in the Times puff piece, “Want to build a road? No problem, so long as you have asphalt and construction workers. Want to feed children free lunches? Also not a problem, so long as you have the food and the cafeteria workers.”

The workers will probably want to be paid. And what do you pay them with when money is worthless? It’s a problem tackled by progressive regimes from Weimar Germany to Venezuela.

“Biden Can Go Bigger and Not ‘Pay for It’ the Old Way,” Kelton insisted in a New York Times op-ed last year. Biden went bigger and we’re all paying for it in the oldest way possible.

Kelton, who had worked as the chief economist for the Democrat Senate Budget Committee and then for Bernie Sanders, became part of the Biden-Sanders Unity Task Force. And Biden, who has spent a lifetime in politics and whose closest brush with economics came when Hunter was allegedly reserving 10% of kickbacks for him, doesn’t get it.

Neither, on every odd day, does the New York Times.

But to put it in terms that the Times can understand, the paper’s business people decided to raise its digital subscription price for the first time in 2020. The paper just bought Wordle for a “seven-figure sum” because 44% of its digital subscriptions are coming from its cooking, reviews, games, and other non-news areas. Despite the Times’ enthusiasm for socialism and even Communism, it remains listed on the stock exchange and when it needs more capital, it doesn’t just print more stock certificates, it raises prices and tries to provide value.

Crazy, huh?

Kelton, who was the economic adviser to the Bernie Sanders campaign, joined Stony Brook University, a public university, with an apparent salary of $208,590. Up from $200,000 in 2017. In a striking case of income inequality, her salary is “163.8 percent higher than the average pay for co-workers and 216.3 percent higher than the national average for government employees.”

At Stony Brook, Stephanie outearns her husband, a fellow professor, who only makes $175,000.

And then there’s her MarketWatch podcast, speaking fees and book, The Deficit Myth, published by the Hachette Book Group which also published In Defense of Looting.

All of this enables the Keltons to enjoy a comfortable lifestyle with an estimated $2 million waterfront estate on nearly two acres. Aside from the usual looting of the taxpayers, this arrangement is made possible by a functioning economy in which money from public universities and publishers can be exchanged for the niceties of life.

But whether it’s health care, crime, homes, family values, or economics, lefties want to live a more traditional life in which they have their choice of doctors, their children from two-parent families attend private schools and crackheads aren’t pounding on their windows at 2 A.M.

And also they’d like to be able to get paid in actual money instead of colorful confetti.

Yet here’s the New York Times, with a market cap of $7 billion, featuring a woman who lives in a waterfront estate, insisting that, as Kelton put it,  “Q: Are you saying the government can just ‘print the money’ to pay for new spending? A: Is there any other way?”

A currency based on something other than funding lefty policy agencies would be a start.

The United States is borrowing trillions to fund interest payments on a debt amassed to fund a war on poverty and assorted “investments in our future” as Obama liked to call his sprees. We mortgaged our future in an experiment with leftist social policies that have crashed and burned.

Now the leftist proponents of those policies insist that we shouldn’t be bound by mere numbers.

If the New York Times or the Keltons ran their own books the way they would like to see us run ours, the woke would shortly be very broke. And in prison. The Social Security Trust Fund, sold to a generation that survived the Depression and witnessed the early stages of the disintegration of the family as a hedge against growing old in poverty, became just another flow of tax revenues that can’t and won’t be paid back once the unfunded bill fully comes due.

The doomsday clock for the Trust Fund moved up one year. The news that Old-Age and Survivors Insurance will now run out in 12 years was largely ignored in 2021. It’ll go on being ignored until the mandatory 20% cuts start kicking in. And then it’ll get even worse.

Medicaid’s hospital insurance will be out much sooner by 2026. That’s only four years away.

Modern Monetary Theory shrugs at such things. A Truthout article on MMT and Medicare declares, “Congress can simply authorize the Treasury and the Federal Reserve to spend the money necessary for single-payer health care.” Money to lefties, who often come from privileged backgrounds, is a Nietzschean expression of progressive will, not a real thing.

In the real world, that means a Venezulean nightmare in which a prosperous oil-rich country became a place where hospitals had no medicine, stores had no food, and money had no value because the sociologist running its economy announced that inflation did not actually exist.

The vast distance between the elites and the real world makes such illusions possible.

America is vast and wonderful enough that its academic elites and economic podcasts can exist in an entirely different realm than the one occupied by people just scraping by. Socialism is the hobbyhorse of university grads who propose things that Karl Marx would have laughed at. Inflation may have killed the dollar store, but it’s still an illusion to the Biden White House.

In the face of the grim consequences of their social policies and economics, leftists are climbing higher into a fantastic world in which the prosaic limitations of human nature don’t apply. Like adults watching Marvel movies, it’s not really a world they believe in, but that they’d like to. It’s a world without any of the limitations on the political superhero fantasies of their egos. They expect us to live in that world, but don’t ask them to leave their mansions and join us there.