Note: This post is categorized under Survival.
I don’t know much. Maybe they have something up their sleeve? We were here at the dot com crash in 2001 and the housing bubble crash ’08-09, but we had average inflation both times.
Option #1, Leave interest rates mostly untouched from here; let the inflation run. This would be very bad, but perhaps it’s the best option? Demand will ease, and prices or alternate forms of payment or both will gradually correct the problem. Compounding inflation will cause years of trials, and it could go hyper; it’s a risk. Although this is the best option, it’s the worst option for TPTB. It means doing nothing and losing legitimacy. (We know, we know.)
Option #2, raise interest rates; currently, it’s just under 1%. This will crash the stock market and the economy with it. They have already done this some and signaled the potential for more. If they choose this option, they should raise it to a 4-5ish percent range over the next 18 months and be done with it. Two to four years of hard times, probably less. Real Americans just don’t care; they roll up their sleeves, get to work, and solve problems. Of course, TPTB hates this idea because it means that they’re not running around claiming to solve everything. This might even be a better option than #1 if the Government were honest upfront about the road we had to take and let us solve our own problems locally.
Option #3, make war. Not whack-a-mole with goat herders, millions dead war. Not that those wars weren’t real to the folks involved, they weren’t of the type where all resources are focused on one national task. This is the worst option for you and me. We get rationing worse than a crashed economy, with no attempt to address the underlying root of the problem. The problem is a currency with no real value because inflation is used to pay the debt. They borrow at today’s dollar and pay it back with inflated (lower value) dollars five years later, but they never stop borrowing either. They’ll choose war; it’s how the money changers and war profiteers settle international accounts; no, not grudges, ledgers of debt to each other.
Well, they do have at least one other.
Option #4, which until recently, nobody would have recognized, but they could starve us all. That solves almost all of their problems and satisfies the money changer’s greatest desire, a provocation to jealousy of you, which is the hatred of Jesus Christ for being right (Romans 11:11). What was Jesus right about, you say? Every. Single. Word!