Friday, April 5, 2019

debt jubilee


DEBT JUBILEE
Ah, good old hyperinflation.  You bought FLIR scopes and freeze dried yak spleen on credit, and with your advanced basket weaving degree that only set you back a hundred grand in student loans you are now working as one of the last executives at K-Mart, living in McMansionville in the classy part of town ( a whole Interstate between you and the ghetto ).  Things are a little tight after the misses got liposuction ( her and the pool boy look happier these days ), but with the way the economy is going the Fed inflating the dollar makes the debt easier to pay.
*
As soon as Saudi Arabia goes full feral on us and embraces their new Sino Overlords, the day the PetroDollar Dream dies, why, a good dose of hyperinflation will wipe away most of our debts.  With a few good pay raises we can pay off our mortgage and be sitting pretty.  Because the Federal Reserve Bank loves us and wants to help, sort of an apology for the last century of taking a nice gold dollar and running it through the shredder.  Then stomping on the remains.  Then taking a crap on top on them. 
*
Even if that fantasy came true, which I have a hard time believing, ask yourself this.  How are you going to pay off that inflation adjusted property tax?  We’ll come back to that.  First, a little history of hyperinflation.  They are generally over with pretty quickly.  That is the good news.  The bad news is, you never win.  You, the little guy.  Those in power always figure out a way to rig the game in their favor.  Do you recall the Weimar inflation?  Most folks remember the wheelbarrow full of cash being stolen, and the worthless currency left on the ground. 
*
Do you remember the part about the postage stamp used to mail a pension fund being worth more than the check inside?  Do you remember the part about the unemployment that went along with it?  Sure, workers would take their pay at lunchtime and buy groceries, as the food prices would double by quitting time, but you still needed a job for that to be applicable, didn’t you?  The Nazi’s might have been the wrong horse to hitch your wagon to, but they got everyone employed, eating and having coal in the winter.
*
The newly crowned Federals wiped away their war debts by hyperinflating the Continental.  As a bonus, a lot of veterans were hard pressed and sold their wilderness land grants to speculators.  The rich got richer.  So, your mortgage gets paid off by inflation, in theory.  You’ll sign it over to some rich pricks corporation in order to get some food, as soon as you get canned by another company belonging to that same corporation.  The more houses on the market the cheaper they get.  Food will be much dearer.  And hard pressed local governments will start jacking up farmland taxes.
*
So forget getting filthy rich selling potatoes out your garden.  Remember the stories of the zoning Gestapo the day after the hurricane coming through and writing violations?  All those government employees with a need for a paycheck will be snooping out your backyard with drones, food production being taxed.  Even if you can afford the county property tax, how about the city food tax?  The one thing you can take to the bank, and win bets of jelly filled donuts on, is the ingenuity of the taxing ( and enforcing ) authorities.  They always think of something. 
*
Those pricks in Oregon probably made water catchment illegal so they could fine you after the water plant went tits up.  Another thing they will change is the interval between non-payment of taxes and government seizure.  That will shrink drastically.  As the level of force escalates over non-vacating former owners.  The SWAT team is equipped and raring to go.  We cannot foresee the depths of depravity our “civil” servants will go to so as to clutch their iron rice bowls ever closer to their black hearts.  But they will.  Go back and watch “Michael Collins” for a few ideas on collaborator elimination.
*
This last economic implosion, the bankers basically stole everyone’s homes, then instead of reselling them, they got turned into rentals.  That is more profitable, and they didn’t have to worry about them succumbing to the weather ( the property management team that got a cut was in charge of preservation ).  As you saw, these Mexican labor plastic wrapped hunks of crap deteriorated VERY quickly, so file that away in your salvage plans.  But this time around, with unemployment, who will be left to rent?  By that time, will the banks be happy to let you have the thing?
*
Will the counties actually work with people rather than penalize them for being poor?  That didn’t happen during the 1930’s.  The poor were still ostracized, belittled if they resorted to welfare ( what existed back then ), and felt lucky to have a dangerous job at a factory.  But that was a wealth consolidation period.  This next time, wealth has already severely contracted.  The bankers might just leave you to your own devices.  You can have the house.  Which soon will not have power or sewage.  Those services cannot be provided by the broke counties unable to secure more loans as they default on the old ones. 
*
So you might just see a two prong degradation.  Those areas with disarmed sheep will be squeezed and abused, the ones with some wealth left remaining on the grid-barely-but homeowners violently abused until they go under financially.  There will be your insane property taxes and SWAT raids.  Those counties still pay their loans to the banks.  Those rural areas full of pissed off armed folks will have most of their centralized services ( imported energy or power pipelines shut down, semi truck roads not maintained ) cut but the governments more cooperative.
*
This is going to be how the energy and resources are triaged.  Those areas still paying back the loans get cut off last.  But they WILL get cut off, eventually.  That is what happens during decentralization.  The center cannot hold.  But be clear on what happens during that process.  The more tyrannical governments will see the most violent reactions.  Eventually, once the citizens break under the burden.  Those areas violently reacting FIRST, at the onset, will of course lose their beloved imperial swag, the bribes to pacify.  But they will also avoid the long term destruction.
*
A good example might be Afghanistan.  They lost the benefits of a national government, going back to a pure tribal economy.  But they also lost the detrimental effects of a national government that was always broke and trying to exploit the people through taxes.  Towards the end, none of the benefits of centralization were delivered but all of the costs were still extracted.  It was cheaper to pay off the warlord ( who protected you ) in food than it was to sell food ( with prices forced down to benefit mechanized foreign growers ) and try to pay the taxes that got you no police protection. 
*
Tomorrow, I’ll cover more of the benefits of forced decentralization, inflation strategies, etc.
( .Y. )
( today's related Amazon link click here )
*
Please support Bison by buying through the Amazon links here ( or from http://bisonprepper.com/2.html or www.bisonbulk.blogspot.com ). Or PayPal www.paypal.me/jimd303 

*** Unless you are in extreme poverty, spend a buck a month here, by the above donation methods ( I get 4% of the Amazon sale, so you need to buy $25 worth for me to get my $1 ) or mail me some cash/check/money order or buy a book ( web site for free books, Amazon to pay just as a donation vehicle ).
*** My e-mail is: jimd303@reagan.com  My address is: James M Dakin, 181 W Bullion Rd #12, Elko NV 89801-4184 ***E-Mail me if you want your name added to the weekly e-newsletter subscriber list.
*** Pay your author-no one works for free.  I’m nice enough to publish for barely above Mere Book Money, so do your part.*** junk land under a grand *  Lord Bison* my bio & biblio*   my web site is www.bisonprepper.com *** Wal-Mart wheat***Amazon Author Page
* By the by, all my writing is copyrighted. For the obtuse out there



19 comments:

  1. Following Jim. I would like to add an actuarial or numbers element to your themed series for fellow Minionites to use as a barometer or measuring stick tool. I would posit that there is a threshold number of population in a townie or locale that will make a difference during collapsing(s) that is determinate of whether there is a cooperative or a continued and worsening adversarial government and systems. I'll spiff ball that about 5k to 7k is a maximum amount of population in a spread out town or the entire county to enable a 'closing loop' functional enclave but not too large of a poulation for the government proles, leo, and enablers to have shielding or have excessive enforcement empowerment. The low numbered areas are by default more exposed to citizen vs gov't. interactions and contacts by those dirtier, unsophisticated, rube, deplorable types instead of the within the faceless urban jungles. I use net intel to analyze areas for the population (demographics, voting, median income and ages and other data sets) that are clues to the area that along with on the ground recon and field analysis will allow the Minionite to at least be located or decamp to a "less worser area".

    ReplyDelete
    Replies
    1. Those numbers sound pretty good to me. Good work, good point.

      Delete
  2. Good points Jim. If a Minion is situated in a good enough locale, I would recommend they become involved up to the gadfly level in the local political entities as well as any ancilliary groups (church, benevolent groups, youth, etc) in the community or area. It would be better long term to have your own "camel's nose" in the tent to stop eventual 'stupidity uprisings', or have a head's up on things. Yeah, I am an introvert and hate people and groups even more, but necessity and all. It may have side benefits for networking, trade and barter, etc. Planning and prepping frugally up to the front edge of collapse is a half. The during and after is the other half or your half assed planning and half assed prepping things.

    ReplyDelete
    Replies
    1. Years ago someone told the assembled audience of which I was a member "do politics or have politics done to you"

      Delete
    2. Does that mean, "pay attention or they'll screw you"? Or does it mean "screw them before they do you"? What the heck does it mean? Sorry, just had a literal jelly filled donut. Eat those perhaps once a year. Empty energy, no focus.

      Delete
    3. Good advice. I live in a small ( by Bay Area standards) town of 30k and went through C.E.R.T. training for our town several years ago. The program is run entirely by the local PD & FD, and more than once I was told that if things go sideways in our town, the CERT people are a higher priority for assistance/ resupply than the mere citizens... And they're tied in tightly to the HAM radio folks, to have quick local intel. Plus getting to know the cops and the fire dept.guys on a first name basis has actually been helpful on occasion. Knowing the mayor and the city council people i figure cant hurt either. Dont get me wrong, none of the people are my FRIENDS, and I'm certainly no LEO bootlicker (as a punk rock-skateboarder kid in the 80s, I spent a lot of time running from the cops and dont really have any love for 'em as an institution, but I digress...) but Id much rather have them know me by sight, and consider me one of the "good guys" rather than a potential threat or another unknown townie. Even when you're stuck in a cess pit like CA, there are ways to stack the deck in your favor, at least a little bit. When it all comes crashing down, I wont be seen as just another liability by the local honchos and I know where all the caches are, the infrastructure, etc. Just trying to throw in a little strategy to the personal prepping of supplies, etc.

      Delete
    4. Well, you've done a hell of lot more than I ever will, fitting in and advancing your post-collapse planning. My son was into skating big time before he settled down in High School. He said it taught him to manage pain-just the ticket for the Marines. My youth was as dull as I could make it with paper cuts the extent of the hazards :0

      Delete
  3. Ugh, people. Could they suck more?

    ReplyDelete
  4. I contend the SHTF really stands for when the "sewage hits the floor", i.e., when toilets back up because of sewage treatment plants being shut down.

    ReplyDelete
  5. You know what they say, "When the rules get tougher the people get sneakier." I come from the land where water piracy was created, and I learned from it, creative designer that I am. My off grid cabin, which I am building this summer, is going to have a concealed rainwater diversion system. It's a single slope low pitch roof with a 12" overhang and level return soffit. The solitary rain gutter will be made from 12" wide aluminum coil stock and will be hidden behind a 6" wood fascia board. The horizontal PVC pipe downspout will be hidden inside the level return soffit and the remaining PVC pipe downspout will be hidden inside the wall stud cavity and empty into a 200 gallon plastic cistern in the corner of the cabin. An inline carbon filter will clarify the water before it gets to the cistern and a solar/battery powered 12v pump will carry the water to the kitchen sink, toilet, and shower. I am debating using a compost toilet instead of conventional. When the goons come looking they will see nothing out of the ordinary unless they break out the ladder and climb up on the roof. When he is up at the top of the ladder it will wobble and the tyrant will take a nasty tumble and may succumb to his injuries by way of assistance of a garden hoe.

    ReplyDelete
    Replies
    1. I gotta admit I'm impressed with that one.

      Delete
    2. I've done quite a bit of rainwater collecting. The gutters collect leaves, even with no immediately overhanging trees. Dust and bird poop on the roofing material turns into sludge in the gutter. Your idea sounds ingenious, but how will you keep the inline carbon filter from being plugged with the debris? Not trying to be difficult, I want to know so I can maybe copy your idea.
      Thanks,
      Peace out

      Delete
    3. When I say no overhanging trees, I mean the close ones are 50' away, yet their leaves still end up in the gutter.
      Peace out

      Delete
    4. Gov't enforcement drones making photo flybys, a.i. tech flags the permitless construction irregularities. Closer look by statist, your jammed up. Good day, your line forms to the left sir.

      Delete
    5. Are cammo nets cheaper than the fees/permits?

      Delete
    6. "...how will you keep the inline carbon filter from being plugged with the debris?"

      I use generic pantyhose from the Dollar Store as a pre-filter for the collection barrel.

      Delete
    7. That's smart. I was thinking along more complicated lines.

      Delete
    8. They do make metal screens for gutters to help keep debris out.

      Delete

COMMENTS HAVE BEEN CLOSED