Imagine life in the near future. A man resides alone in a tiny apartment. He would prefer to be married, but the State considers that antiquated institution “patriarchal” and “white supremacist.” He would prefer to have children, but he can’t afford them. Besides, his yearly carbon allowance is insufficient to cover another resource-wasting human being.
He has never owned anything. He rents his bedroom, his furnishings, and his meager entertainments. Each month, a digital account associated with his digital ID receives a number of central bank digital currency units. How much he receives depends upon the number of hours he works at his government job, how much the government values his work, how much the government taxes him for the privilege of using public infrastructure, and how much of his income the government decides should be redistributed to other citizens in need. After taxes, rents, utilities, and other assorted municipal, state, federal, and international fees are deducted from his earnings, he has little — if any — discretionary income.
If he chooses to save that income to invest in his future, the government informs him that his central bank digital currency units disappear within ninety days. If he tries to purchase something that the government has banned, he forfeits what he currently has. If he does something that the government deems contrary to his well-being, his social credit score decreases, and a fraction of his discretionary income disappears.
Every few weeks, a digital doctor (running on artificial intelligence) appears on the video screen in his apartment with a detailed list of all the “unhealthy” things he has done since their last interaction. He is informed that a portion of his temporary savings will be redistributed to citizens with healthier habits. His A.I. health monitor tells him that he must immediately report to the closest pharmaceutical distribution center so that he can be injected with the latest “vaccines.” Failure to do so will result in the deactivation of all electronic entertainment devices and a permanent mark on his social credit record.
He is unhappy, and because the State’s A.I. supervisor has detected his unhappiness, the display monitor in his apartment encourages him to find personal meaning by “joining the fight against global warming.” For a while, he does just that. He attends community meetings in his apartment building where government officials talk about the importance of “saving the planet” by “owning nothing.”
He chats with anonymous strangers (bots?) on the State’s social media platform, and they all agree that the sacrifices they’re making to save the world are definitely worth it. He wakes up one morning to discover that his social credit score has risen and that he has been rewarded with a few extra central bank digital currency units. Still, our future man remains unhappy.
Then one day sirens blare, and his apartment monitor flashes with breaking news: the country is at war. He listens intently but can’t figure out which foreign nations are attacking. The trusted news anchors tell him that peace, prosperity, and freedom are all at risk. He steps outside his tiny apartment to find other solitary renters fired up and talking excitedly about the battles to come. He walks back inside to find his A.I. supervisor informing him that he has been personally selected to protect the homeland from its enemies. For the first time in many years, our future man feels alive.
He soon finds himself in boot camp, where he enjoys regular exercise, discipline, and camaraderie. Six months later, he and his new friends are shipped overseas. Strangely, in all this time, nobody has explained whom they will actually be fighting. All he knows is that they’re at war with “the authoritarians” who wish to “take our democracy.” There is anticipation in his camp and endless talk of adventure. Then, when everyone least expects it, a thunderous swarm of drones attacks from overhead. Nobody has time to react. Explosions seem to come from out of nowhere. He sees the bodies of his friends torn to pieces. Then everything goes dark.
He awakes in a hospital severely injured, is called a hero, and is later sent home. When he arrives, he notices breadlines outside the government’s genetically engineered food distribution centers. He hears a beggar on the street joke that they should call them “insect-lines,” since that’s all there is to eat. He learns that someone else has moved into his old apartment, but he is offered a new one because of his military service. It is smaller and has even fewer furnishings than the one he lost.
He realizes that most of his former neighbors never returned from war and that many of the newcomers now living in their apartments look and sound like those people he was told to fight overseas. Nothing makes sense. His injuries torment him. He feels even more lost and lonely than before he went to war. His A.I. supervisor informs him that he has been added to a list of people considered “potential domestic terrorists.” Remaining on this list will make it hard for him to work and live.
Then, one day, his digital doctor asks if he would like some assistance in ending his life peacefully. “You can save others,” he is told, “by permanently reducing your carbon footprint.” In agony, he wonders, “How did we get here?”
The shortest answer to our future friend is this: governments abandoned sound money. They replaced gold coins with paper currencies. They made it illegal for ordinary citizens to conduct business freely and demanded that government-issued bills be used in economic transactions. Then they gave private central banks the authority to print these paper bills whenever they determined that doing so would be good for the economy.
Whose economy do wealthy central bankers protect — Wall Street’s or that of the working class? Although putatively charged with financial duties to maximize employment and minimize inflation, central banks function as market manipulators and money printers for overspending governments. By increasing the supply of paper currency, the price of consumer goods rises. However, the numerical price of stock market shares also goes up.
These capital assets do not gain any real value, but their rising prices give the illusion of economic growth. Many bad companies that would never survive in a free market become lucrative investment opportunities in fake markets. Easy money sustains companies that produce no market value. Who loses most in this artificial arrangement? The poorest people who have no stocks and only limited cash savings. They have watched the hundred-dollar bill hidden under their mattresses lose most of its value over the last fifty years.
Neither fiat currencies nor central banks have any functional place in free societies. Governments that manipulate the value of money rig markets and steal from the working poor. The wealthiest end up owning everything, while everyone else tries to balance life precariously on a tightrope of consumer debts, mortgages, long-term loans, and the growing prospect of insolvency. This world that financial and political elites have built is unsustainable. It is also a kind of economic slavery.
Because it is unsustainable, those who have benefited most from its creation will do anything they must to survive its collapse. A crashing dollar does not matter if those who control the financial system today control the central bank digital currencies of tomorrow. Gross inequality and rampant poverty do not matter if governments can convince unhappy citizens that climate change, disease, and war require them to own less and sacrifice more. Growing public anger does not matter if those with armies can censor speech, throttle food supplies, foment wars, and imprison dissidents.
Ponder this: how much of the story above seems foreign, and how much of it seems painfully familiar? Your answer tells us just how much time we have left.
Image via Picryl.
Five Things New “Preppers” Forget When Getting Ready for Bad Times Ahead
The preparedness community is growing faster than it has in decades. Even during peak times such as Y2K, the economic downturn of 2008, and Covid, the vast majority of Americans made sure they had plenty of toilet paper but didn’t really stockpile anything else.
Things have changed. There’s a growing anxiety in this presidential election year that has prompted more Americans to get prepared for crazy events in the future. Some of it is being driven by fearmongers, but there are valid concerns with the economy, food supply, pharmaceuticals, the energy grid, and mass rioting that have pushed average Americans into “prepper” mode.
There are degrees of preparedness. One does not have to be a full-blown “doomsday prepper” living off-grid in a secure Montana bunker in order to be ahead of the curve. In many ways, preparedness isn’t about being able to perfectly handle every conceivable situation. It’s about being less dependent on government for as long as possible. Those who have proper “preps” will not be waiting for FEMA to distribute emergency supplies to the desperate masses.
Below are five things people new to preparedness (and sometimes even those with experience) often forget as they get ready. All five are common sense notions that do not rely on doomsday in order to be useful. It may be nice to own a tank during the apocalypse but there’s not much you can do with it until things get really crazy. The recommendations below can have places in the lives of average Americans whether doomsday comes or not.
Note: The information provided by this publication or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice.
Secured Wealth
Whether in the bank or held in a retirement account, most Americans feel that their life’s savings is relatively secure. At least they did until the last couple of years when de-banking, geopolitical turmoil, and the threat of Central Bank Digital Currencies reared their ugly heads.
It behooves Americans to diversify their holdings. If there’s a triggering event or series of events that cripple the financial systems or devalue the U.S. Dollar, wealth can evaporate quickly. To hedge against potential turmoil, many Americans are looking in two directions: Crypto and physical precious metals.
There are huge advantages to cryptocurrencies, but there are also inherent risks because “virtual” money can become challenging to spend. Add in the push by central banks and governments to regulate or even replace cryptocurrencies with their own versions they control and the risks amplify. There’s nothing wrong with cryptocurrencies today but things can change rapidly.
As for physical precious metals, many Americans pay cash to keep plenty on hand in their safe. Rolling over or transferring retirement accounts into self-directed IRAs is also a popular option, but there are caveats. It can often take weeks or even months to get the gold and silver shipped if the owner chooses to close their account. This is why Genesis Gold Group stands out. Their relationship with the depositories allows for rapid closure and shipping, often in less than 10 days from the time the account holder makes their move. This can come in handy if things appear to be heading south.
Lots of Potable Water
One of the biggest shocks that hit new preppers is understanding how much potable water they need in order to survive. Experts claim one gallon of water per person per day is necessary. Even the most conservative estimates put it at over half-a-gallon. That means that for a family of four, they’ll need around 120 gallons of water to survive for a month if the taps turn off and the stores empty out.
Being near a fresh water source, whether it’s a river, lake, or well, is a best practice among experienced preppers. It’s necessary to have a water filter as well, even if the taps are still working. Many refuse to drink tap water even when there is no emergency. Berkey was our previous favorite but they’re under attack from regulators so the Alexapure systems are solid replacements.
For those in the city or away from fresh water sources, storage is the best option. This can be challenging because proper water storage containers take up a lot of room and are difficult to move if the need arises. For “bug in” situations, having a larger container that stores hundreds or even thousands of gallons is better than stacking 1-5 gallon containers. Unfortunately, they won’t be easily transportable and they can cost a lot to install.
Water is critical. If chaos erupts and water infrastructure is compromised, having a large backup supply can be lifesaving.
Pharmaceuticals and Medical Supplies
There are multiple threats specific to the medical supply chain. With Chinese and Indian imports accounting for over 90% of pharmaceutical ingredients in the United States, deteriorating relations could make it impossible to get the medicines and antibiotics many of us need.
Stocking up many prescription medications can be hard. Doctors generally do not like to prescribe large batches of drugs even if they are shelf-stable for extended periods of time. It is a best practice to ask your doctor if they can prescribe a larger amount. Today, some are sympathetic to concerns about pharmacies running out or becoming inaccessible. Tell them your concerns. It’s worth a shot. The worst they can do is say no.
If your doctor is unwilling to help you stock up on medicines, then Jase Medical is a good alternative. Through telehealth, they can prescribe daily meds or antibiotics that are shipped to your door. As proponents of medical freedom, they empathize with those who want to have enough medical supplies on hand in case things go wrong.
Energy Sources
The vast majority of Americans are locked into the grid. This has proven to be a massive liability when the grid goes down. Unfortunately, there are no inexpensive remedies.
Those living off-grid had to either spend a lot of money or effort (or both) to get their alternative energy sources like solar set up. For those who do not want to go so far, it’s still a best practice to have backup power sources. Diesel generators and portable solar panels are the two most popular, and while they’re not inexpensive they are not out of reach of most Americans who are concerned about being without power for extended periods of time.
Natural gas is another necessity for many, but that’s far more challenging to replace. Having alternatives for heating and cooking that can be powered if gas and electric grids go down is important. Have a backup for items that require power such as manual can openers. If you’re stuck eating canned foods for a while and all you have is an electric opener, you’ll have problems.
Don’t Forget the Protein
When most think about “prepping,” they think about their food supply. More Americans are turning to gardening and homesteading as ways to produce their own food. Others are working with local farmers and ranchers to purchase directly from the sources. This is a good idea whether doomsday comes or not, but it’s particularly important if the food supply chain is broken.
Most grocery stores have about one to two weeks worth of food, as do most American households. Grocers rely heavily on truckers to receive their ongoing shipments. In a crisis, the current process can fail. It behooves Americans for multiple reasons to localize their food purchases as much as possible.
Long-term storage is another popular option. Canned foods, MREs, and freeze dried meals are selling out quickly even as prices rise. But one component that is conspicuously absent in shelf-stable food is high-quality protein. Most survival food companies offer low quality “protein buckets” or cans of meat, but they are often barely edible.
Prepper All-Naturals offers premium cuts of steak that have been cooked sous vide and freeze dried to give them a 25-year shelf life. They offer Ribeye, NY Strip, and Tenderloin among others.
Having buckets of beans and rice is a good start, but keeping a solid supply of high-quality protein isn’t just healthier. It can help a family maintain normalcy through crises.
Prepare Without Fear
With all the challenges we face as Americans today, it can be emotionally draining. Citizens are scared and there’s nothing irrational about their concerns. Being prepared and making lifestyle changes to secure necessities can go a long way toward overcoming the fears that plague us. We should hope and pray for the best but prepare for the worst. And if the worst does come, then knowing we did what we could to be ready for it will help us face those challenges with confidence.