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  1. Just read this Titus interview, just gotta say, THANK YOU, again !!! I smell histories biggest stinkiest rat, good to know I’m not alone.

  2. While Covid put a lid on demand and velocity.

    I just don’t understand your hyperinflation scenario.

    The population is so indebted ,secular stagnation and wealth transfer has left the bottom 80% broke. The top 20% may buy a new iPhone/car but they’re also levered to the tilt with mortgages/kids/cars/student loans.

    The only inflation I see if if Further Monopoly/oligopoly concentration begins to hike prices, Universal basic income, loss of reserve currency status.

    Besides Technology and productivity gains is so deflationary.

    Of course I could be totally wrong.

    1. Yes, the fundamental environment long term is deflationary. However, that deflation can combine with EXTRAORDINARY debasement of the currency. So your income deflates, your expenses inflate and your assets go both ways.

  3. Catherine, I’ve been inundated with people sending me articles about all that’s wrong in the world today and how I need to be concerned and act with them to combat the wrongs in US society. I don’t respond, but I get overwhelmed with the enormity of educating people who are invested in the narrative of the powers that be. It was SO refreshing to hear two of my favorite experts have a collaborative conversation. The weight of the world lifted off of me knowing that you and John Titus are in CAHOOTS! Thanks for all you do and all your conspiring to do good.

  4. Catherine, is it possible that once some sort of a recovery and consumer demand returns, that the newly minted (printed?) money will be used to invest in new supply chains / alliances / equity markets abroad? So that the inflation within the US won’t be so great?

    https://www.cnbc.com/2020/05/25/china-one-of-many-manufacturing-hubs-in-a-post-coronavirus-world.html

    or a government-funded build out of a 5G network within the US?

    https://www.axios.com/trump-team-debates-nationalizing-5g-network-f1e92a49-60f2-4e3e-acd4-f3eb03d910ff.html

    What would happen to HK and China’s financial situation / belt and road initiative if the US revokes HK’s special status?

    https://fortune.com/2020/05/22/china-hong-kong-law-us-trade-status/

    You did a scenario analysis in your annual wrap up before the covid event, is there any chance you could do an updated scenario analysis given the current situation?

    Thank you.

    1. Yes, indeed. Will update the Annual Wrap Up before we print hard copy.

    2. Andrzei – they may use new cash or money but it is not important. What is important to them is getting the hardware injected into you so they can get off of currency and into a linked credit system. Wholly different animal. It is a credit at the company store, not currency.

      1. I think I understand what you are saying about the “long game.” This type of system is already up and running in a certain part of the world, save the injectable part. I struggle to see how this can work from a hardware point of view though.

        That kind of system needs a massive infrastructure buildout, but the US hardly manufactures any portion of it, and we are now feuding with the majority supplier. After all Microsoft runs on computers made in Asia. I think I understand the ideological goal, but how is this supposed to work physically and financially?

        I saw parts of this going up. it looks expensive.

      2. I thought they were going to package up the currency into the SDR and each respective currency will be used in the country

        What happens to buffets 125 Billion? Gates has his foundation tied up in Berkshire?
        The 21 trillion?
        Off shore accounts?

        They’re on board with wiping out their wealth. Curious

        1. Who said they were going to package up into the SDR? That is one option, but it does not look like a likely one to me. SDR is good for wholesale exchanges and rebalancing.

    1. Mimi,

      I might be able to provide some info to you here.

      Unfortunately, the notion of switching back to a “flip phone” is only marginally safer. There are no more non-data phones, as even modern flip models have 4G LTE data connections. In fact, the old 2G bands do not exist in many areas anymore! AT&T is even phasing out many 3G coverage antennas as these same antennas in the 700-900MHz spectrum can run 4GLTE and 5G instead, especially for rural areas.

      So from a technical standpoint, the flip phone doesn’t do much for you. An Android or Apple device, being a full-fledged computer, doubtlessly has more malicious software on it, so you’ll cut down on which parties are getting a hold of your data. However, it will not stop them.

      There’s a company called Purism that manufactures open-hardware and open-software phones with physical hardware killswitches:
      https://shop.puri.sm/shop/librem-5/

      Of course that doesn’t mean they can’t be compromised, and in full disclosure, I do not own this phone. I have, however, used their laptops in the past hooked up to network analyzers and no packets were being sent that I didn’t want being sent.

      The trouble is that the hardware itself can be compromised at a very low level, Mimi. The CPUs, the BUS, the GPUs, the network controllers – all of these can be loaded with malicious software on a closed-source “blob” that may not be discovered by regular folks like us for many years.

      Remember that old ad campaign, “Intel Inside”? They’re telling us what they’re doing quite overtly through word magic.

      I do believe that Purism is a good-faith effort and building an alternative software stack from the BIOS on up to the application layer is a really tremendous feat. There is not another device on the market you’ll find with physical hardware killswitches unless you wire them yourself.

      But until we bring chipfab back to the States and start funding companies to design ICs that aren’t connected to Intelligence agencies, assume everything electronic can be weaponized.

      Hope this helped!

      -Josh

      1. Thank you Josh for this good info. Catherine mentioned she was going to a flip phone so I thought it might be much more secure and private. Hymmm

        1. Of course, Mimi, happy to share what little I know.

          It’s a crazy environment we have to navigate together to retain our rights, helping each other is absolutely mandatory IMHO.

      2. Josh – that fits with my understanding. A flip phone is only a small incremental improvement. I had a black phone and was testing it and it mysteriously disappeared. Have searched my house high and low. Will check out Purism.

        1. Catherine,

          There’s never been a better time to get a HAM radio license! Kilo Echo Eight Kilo India Whisky checking in 😉

          Purism also has a US-built model that’s ~$1200 more expensive than the China-produced one. A laudable effort but a harrowing milestone for the American tech consumer going forward should onshoring take place in earnest.

          I think computer repair shops, an all but dead industry, may be in vogue again.

          The Mozilla Foundation was once working on an Android alternative with a new kernel, too. You could flash certain phones with a whole new privacy-focused OS. The project is now abandonware – funny how that works.

          BlackPhone was a great early effort but IIRC it ran on a modified version of the Android kernel which presents its own set of concerns. Huawei getting their commit access to Android pulled made Alphabet show their hand. “BP Phone Home,” to paraphrase Spielberg!

          Vis a vis rural 5G, I’m interested in how dangerous it is. I know for a fact that these 40-50GHz networks they’re rolling out in urban areas are TREMENDOUSLY dangerous, but I’m not nearly as studied on how the 700MHz-2.1GHz low-frequency bands can be weaponized. Is there any solace to be taken in the fact that the most dangerous of these microwaves have too short a transmission distance to be deployed in the boonies? Or does LEO tech like StarLink make this a moot point?

          Of course, 4GLTE is dangerous in its own right, but I’m lacking good resources on 4G vs. 5G when operating in the same spectrum.

          You have my sympathy in trying to ditch the slave tracker! It’s a virtual necessity when going abroad unless you’re a polyglot (which I am not haha).

          Sincere Regards,
          -Josh

  6. So Social Security will be milked dry in 2029. Then what? Are they going to fund it using another tax source? Are they gonna stop paying it to the seniors already living off of it? And what about those of us working stiff folks who see a bi monthly huge deduction outta our paychecks to pay for Social Security. Can we just stop deducting it and keep that cash…as its just p*ssing down a lost hole as it wont be there when we retire. ….or will it?
    So theyve got 9 years til the massive cut-off of social security..and thus 9 years to ensure those screwed outta social security, won’t riot and go after them. Hmm…wondering if this then explains the rush-to gun control measures at present, me thinks. Yeah…covid 19 is now the blanket excuse for everything. In fact…my dog just pee’d on the carpet…I’m betting he thinks he can blame that accident on covid 19, too. Time to replace carpeting with tile. Damn covid stains..

    1. From what we are watching we will see dirty warfare cull the population – why do you think states are reporting that 50% + Covid deaths are in nursing homes?

      1. Yup…the culling begins.
        Wondering if they’ll do it using war as well…meaning, let/invite/facilitate the Chinese, Russians whoever, do a few Hiroshima/Nagasakis type attacks on a couple of high population USA cities to accelerate the culling. Wouldnt put that past these evil types.

      2. With the “covid issue” people are not allowed to visit people in nursing homes and in the hospital and as a result the standard of care is, well, you can imagine. The extreme neglect occurs with no witnesses, therefore they can get “away” with things they never could due to zero accountability. Also medical people making up false stories, i.e. placing in paperwork that a caregiver of a sick family person was exposed to covid, therefore they can “take” the sick person away from caregiver under excuse of “covid”, yet all false
        statements. The entire thing is so irrational. I think somehow they have overplayed their hand, however i have thought that about other things, time will tell.

        1. Wherever possible, it makes sense to shift loved ones to small homes run by trustworthy family members and friends – out of institutional settings. This could be a good job for someone in the family who has lost their job.

          Same with home schooling. We need the trustworthy people who have money in families to get with the trustworthy people who need income and help solve each others needs in terms of home schooling, growing food, becoming energy self sufficient, caregiving. Lets find the reliable intimate solutions. As Ben Hunt says, FIND YOUR FAMILY. Your real family.

      3. Yes and the most hidden crime in American is a perfect crime which uses probate court to rape and pillage elder assets, lock them up drugged and induced with chemical dementia symptoms and then hold the vegetated state for insurance profits and then let them go when they are no longer profitable. In deals with medicaid it may be an earlier demise for shared profits. The elder population is in true risk, 60 yrs and up with a health care system as corrupt as the courts and the insurance/gov’t agencies.

        1. Mimi:

          You are right. Both the SS Trust Fund, the pensions and the health and long term care insurance industries can all often benefit from elder abuse and death. Ugly picture but one we can guard against if we understand that it exists.

          Appreciate any books, articles and experts we could get on the Solari Report to help explain how to protect family and friends from this kind of problem.

          Catherine

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