Winter arrives in Westeros, inflation is the cold that kills by hunger
There are diseases that have no cure, but has a remedy. The inversion of neoliberal anti-economy is such a disease that has no cure and inflation is the remedy that neoliberals will desperately use to give to their exploitative system a survival period, so that their corrupt and fraudulent financial corporations can persist for some more time.
Neoliberals never thought of building a viable and sustainable economic system. They are printing an astronomical amount of money and fueling an inflation that will soon become hyperinflation. They will not stop this absurd increase in the monetary base because they need inflation, as this is the remedy that provides miserification, it is a tax on society that transfers wealth from families to the already very rich. And it is also a way of defaulting on the chronic, unpayable debt of the neoliberal system.
This is already a fact. The neoliberals, who control the American empire and the western world in sharp decay, have come to the conclusion that the neoliberal system is no longer sustainable, and so they are implementing a very pragmatic solution to eliminate the large debt accumulated in recent years. If the system based on unpayable debts is already exhausted, what is the imagined solution? Debt default. However, the default cannot be explicit, blatant, officially declared, because if that happens, the world could explode in wars and violence. What is the solution then?
Answer: – Debt depreciation.
The debt must be devalued to look like it is going to be paid. When those who are in debt in dollars are going to pay their trillions of debts in the future, those debts will already be worth very little. It will be the biggest default in human history.
The rampant issuance of fiat money is the simplest devised solution to many problems created by the neoliberal mafia. Trillions of Dollars were created like magic so that the big indebted banks could increase the value of their assets so that they could be considered free from insolvency. In addition, trillions more will still be printed.
The fiat money, which is the solution for not letting the already bankrupt banks fail, will also be the solution for pretending that the already bankrupt State is no longer bankrupt. US government bonds with interest rates close to zero and repurchase paid with fiat money coming out of the hot oven, who wants some? Take it or leave it!
The system cannot fail, if a piece of the system falls, the system collapses like a house of cards. Thus, if the Repo Market becomes illiquid, the hot fiat money coming out of the oven is immediately transferred to the illiquid institution in the Repo Market, as the fiat money factory is fast and does not let the system collapse. Everything is already planned and the solution is to make inflation deflate the debt. The biggest default of all time is already taking place. History books will say this default was the greatest theft in history.
They will talk about debts that could never be paid and will show how neoliberalism has brought chaos and suffering to countries that embraced this corrupt and unsustainable system, while countries that rejected this system managed to prosper. The history books will tell how non-neoliberal countries managed to develop and preserve their middle classes, while neoliberal countries saw their middle classes practically extinct.
The interest rates on American bonds cannot rise, if that happens, there will be no more neoliberal banks, as the assets that give them a false support collapse and they become insolvent. These banks control the Federal Reserve, the American Central Bank, called FED. These neoliberal banks do not want to suffer the same fate as Lehman Brothers and Bear Stern did. They want to continue doing their looting and deceit so that the rich get richer and the poor get miserable. This contributes for hopelessness to take hold of society and for desperate people to accept with resignation and accommodation the Great War that neoliberals are planning against China and Russia. They did it to make Nazism ascend in Germany and now they do the same to make Hypernazism ascend in America.
Dollar inflation contaminates the entire world, as the US dollar is still a global currency. No country in the world is unaffected by the inflation of the Dollar. Chaos and misery become important products of the export list of the American empire, as if the corruption and oppression that they already export in droves were not enough. More responsible countries, like China and Russia, accumulate significant gold reserves, knowing that the system will collapse and that the gold standard must be restored.
The bubble cannot burst as it did in 2008, if it does, the depression comes at once like a tsunami, devastating families and businesses. With inflation adopted as a remedy, depression will come slowly, when society wakes up it will be too late, misery will already be installed. It will be like heating a live frog in the pan, the water heats up slowly and the frog dies without realizing it was being cooked.
Inflation is rising slowly as those who use fiat money to speculate inflate commodity and commodity prices. When wages start racing with prices, hyperinflation and the impoverishment of the vast majority will follow.
The effect of hyperinflation on money.
German Fiat money during the Weimar Republic in 1923.
20-Thousand German Marks - 1923 | 
10-Million German Marks - 1923 |
Fiat money becomes the addictive drug that neoliberals will use to try to solve one of the biggest problems they have created, the gigantic debt. They’re going to use fiat money as a medicine, or perhaps as a mind-blowing drug that creates the illusion that the problems are over, when in fact the problems are going to get even worse.
Not to mention, many trillions of dollars will be created out of thin air so that the unpayable debt can be paid off easily. The consequences are predictable and inevitable, so we can list a few: The misery of the middle class; the de-dollarization of the world economy; a huge increase in the already gigantic social inequality; turmoil and disruption in markets; chaos and depression. These are the ingredients that neoliberals use to foment their World Wars. Rising inflation is a sign that humanity is in danger.
