Food and Gold

100 years ago, the average household spent up to 50% of its income on food. Today, that figure is nearer 10%, giving us all more disposable income for consumer goods, bigger mortgage repayments, and exotic holidays.  Food is cheap, almost too cheap, in fact.  As some farmers struggle to turn a profit and big supermarkets control the supply chain.

(Chart showing food prices as a proportion of income)

Of course, some of this is due to technological improvements in farming and manufacturing, but much of it is due to fiat currency inflation versus gold.  Perhaps it can’t last forever – we may well already be being prepared for future food shortages and increases in food prices. You may have already noticed shortages during the crisis or increases. On a personal level, visiting the supermarket regularly, a 20-25% increase in fruit, vegetables, and dairy products has occurred since March 2020, when Corona began. That’s interesting, as these products are all the ones with the shortest shelf life, that are most immediately impacted by price rises. Others, like dried, tinned and frozen goods, may be in huge stock at warehouses down the supply chain behind the supermarket facade, and price rises may take longer to feed through. Observe these headlines from recent times, as to what they may be planting the seed in your head to germinate for:-

“UK potato farmers fear another washout for this year’s crop. “

The Guardian, August 2020

“Bread price may rise after dire UK wheat Harvest.”

BBC News, August 2020

“Coronavirus: Meat shortage leaves US farmers with ‘mind-blowing’ choice.”

BBC News, May 2020

If you wonder how far food prices can rise during a monetary crisis, then here is an example of prices from “Fiat Money Inflation in France,” an excellent study of the hyperinflation that occurred there during the French revolutionary times, which coincide with the decline of the French empire before the handover to Great Britain.

Now, how well covered are you for those kinds of price rises in basic commodities, the essentials of life?

Currency Delivery in 2020

The whole Corona crisis has also shown how digital the world has become concerning money. The furlough scheme is a major example in itself. UK Businesses were expected to log their furlough claims using the internet. The IT infrastructure and software to support this was in place in record time – major IT projects can often take months or years to design, develop, thoroughly test, and release. It’s then an example of how the currency can now be distributed quickly to millions, through the central government, to businesses, then distributed electronically to customer accounts in banking computers. Not a single physical coin or note ever having existed.

Many other nations introduced a furlough scheme, but the USA did not. In this case, they mailed out Corona stimulus cheques of $1,200 to everyone. Lamenting, while doing so, that it was a shame that it was taking longer because they needed to get signatures on every cheque. Then, that it would have been so much easier had they had more direct banking details, such as a nominated bank account, to send the money out to the recipients electronically.

As to spending, well, more and more of it became electronic as internet shopping took off even further. Still, some preferred physical currency to a certain extent. However, one of the early casualties of Corona has been cash – the number of shops now insisting on electronic payments only and media stories saying that cash can help spread the disease is a clear signal that the system no longer wants people using old-fashioned coins and notes. Also, remember Gresham’s law about bad money forcing out good? There is probably a case that people are genuinely retaining more banknotes and coins at home, just if they are needed for some kind of emergency. However the Corona crisis goes, it doesn’t seem like good news for savers or freedom.

Furlough

The Corona / COVID-19 crisis has invented a whole new multitude of ways to distribute money to favoured interests and individuals. In addition to being unemployed, you can now get your full salary for doing nothing, while someone else you worked with has to continue to do their job, on the same salary, with all of the commitments their job requires. In the UK that has become known as ‘furlough’.  In many cases, it goes way beyond those in employment – the self-employed can also make claims to get their earnings covered. Staying at home, being paid full salary, having all the time in the world to do the house up, improve the garden, or even find another job to boost your earnings even more – a concept in the UK that has become affectionately known as “double-dipping.” It all sounds idyllic, doesn’t it, but there must be a catch, and, of course, there is.

If the various schemes introduced to pay employed people to do nothing sound like a major extension to the welfare system, then that’s probably because they are. Some people were bound to question the point in being productive, when for the same amount of money you could do nothing. Not everyone will feel that way, and some will be upset and stressed about the loss of work, but in terms of bending minds, taking power from people, and getting them used to rules, it is very reminiscent of the 1980s deindustrialisation of Northern England. A period when hopelessness and despair took over from community, self-sufficiency, and a strong work ethic. The schemes may also be the start of something that has been thrown around for several years now and never gained traction – Universal Basic Income. The concept of Universal Basic Income (UBI) is quite simple – every citizen is issued with a basic amount of government fiat currency per year, enough to live on. It never caught on because too many people could see through it – whatever the UBI level is, it would become the new zero, and self-sufficiency and freedom would surely be eroded. To say nothing of the existing gold base supporting more and more newly issued currency units every year.

Where the extra fiat currency has come from to fund all this, it is hard to see any real statistics on. We know that at some point, public borrowing must rise, and indeed, that is being presented through the news to make it palatable to the public, but increasing borrowing takes time. Wherever it came from, the consequence of these policies must be Inflation. Quite simply put, there must be a lot more currency units in circulation than there were a year ago, and even if the majority of those units are in bank accounts right now, doing nothing, at some point, they will begin to enter the market and circulate. At that point, prices must begin to rise. Whether this happens tomorrow or in a few years seems to be the only question.

ID2020

The Medical Care 2020 app is growing so big; it’s taking up all the resources on your smartphone. In the future, it may even store your COVID-19 test pass certificate, too, along with Microsoft’s proposed ID 2020 inoculation history – if there’s space. You may have to show them to be able to even travel, attend a football match or concert, should those things ever open up again.

https://inews.co.uk/sport/football/premier-league-coronavirus-test-health-passport-fans-prenetics-447547

Bluetooth

This innocuous little button that you may sometimes use to wirelessly broadcast music to a local device or your car has now taken on a new sinister aspect after the upgrade. Other smartphones in the vicinity, in the pockets of other users, now have apps harvesting your Device ID, the unique ID that can be used to track down your telephone, and ultimately, you. Did you consent to this? Some technology experts even claim that with Bluetooth turned off, your telephone is still detectable by  other smartphones.

Work 18.65

After the reboot, many people found that this app had actually been removed from their phones. Despite the fact, most of them still wanted or needed to use it. Many others found the terms and conditions had changed dramatically, and there was no way to reverse that if you wanted to continue to use the app. Work 18.65 might soon see a massive series of swift upgrades – Work 18.99 is even a strong possibility in the not-too-distant future. Others, meanwhile, are finding it difficult ever to download the app again.

Education 4.18

This app will get you used to the prison mentality and prepare you for your future role as a low-level member of the proletariat in society. Unfortunately, the free version of this app will give you no financial education whatsoever, so that you remain blissfully unaware of what money is and how it works. This is partly because you’re planned to be a consumer of financial products that you don’t understand, to help fund your own future slavery.

There are paid-for versions of this App in most countries that provide a much higher quality experience and will prepare you better for a role in the upper echelons of society, with a high up role in Government 9.11 a possibility. The paid-for versions are extremely expensive. However, the advanced app Education 18.23 has no free option, and everyone must pay for it – over a large number of years, through something called a student loan, issued in fiat currency, and requiring repayment with interest added. Already in life, we find the creation of money as loans, to be repaid with interest added, as the biggest financial manipulation going and the best means of chaining down the slaves early.

Medical care 2020

Once upon a time, there were these two words, ‘health’ and ‘care.’ The meaning of the two words is obvious, and someone put them together to form one word “healthcare” – the act of looking after your health. In reality, this word means doing things such as eating a varied diet of good foods. Hence, you get all of the vitamins and minerals required.  Then, taking exercise such as long walks, and avoiding doing damaging things like smoking – which, ironically, doctors in the 1950s even claimed could cure asthma. Modern medical care is extremely removed from this, and a trip to the doctors’ surgery or hospital has become more akin to visiting a Moroccan bazaar when the meeting is seen as a sales opportunity to thrust all kinds of items with a commission for the seller your way. How about a blood pressure test? It’s high, oh, these drugs might help – completely ignoring that it’s high because of the bad traffic or long wait you had getting to the Doctor’s surgery. On birth control already? No problem, how about trying this new product instead? Want to go home and be independent after a hospitalisation? No problem Mr/Mrs Jones; we just need to sort out the right care package for you; just sign here. Often, people get stuck on a direct debit of medical care to take for life, rather than dealing with the core premise of their health care. This app is growing so big; it’s taking up all the resources on your smartphone. In the future, it may even store your COVID-19 test pass certificate, too, along with Microsoft’s proposed ID 2020 inoculation history – if there’s space. You may have to show them to be able to even travel, attend a football match or concert, should those things ever open up again.

Fiat currency version x.x

Many regional variations of this app exist. Be it pounds, euros, dollars, yen or pesos, fiat currency still exists, and if anything, the great reset means even more increasing amounts of it in circulation, devaluing any savings you might have. Fortunately, there are now apps you can install that operate outside or complement Fiat Currency version x. However, this app is incredibly hard to remove and remains essential for most right now.

Government version 9.11

The big government surveillance society that has accelerated around the millennium, the one that curtails individual rights and freedoms, culminating in introducing a variety of regulations in 2020 to restrict your travel and ability to transact and trade with fellow human beings to survive. In any other era, that would be called fascism. In 2017, the then U.K. Prime Minister Theresa May referred to a terrorist attack as “hating us for our freedoms.” The irony of that should not be lost on any of us, for just three years later, we have no freedoms now too. Even your right to self-expression is gone, as you now have to wear a mask that hides the facial expressions that go with what you say. When wearing a mask, it’s probably not a good time to make ironic or sarcastic jokes with a hidden smile.