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Hyperinflation Survival Guide
And the LORD hath blessed my master greatly; and he is
become great: and he hath given him flocks, and herds, and
silver, and gold, and menservants, and maidservants, and camels, and
asses. Genesis 24:35 (Emphasis mine)
The LORD blessed Abraham with silver and gold (and
everything else he needed) because Abraham put the LORD first in tithes and
offerings (read Genesis, chapter 14 and Hebrews, chapter 7 for details). Our
Lord Jesus instructs us to lay up treasure in heaven, not on earth.
If we put the LORD first in tithes and offerings to support a Bible-believing
Church, Christian Missionaries and give extra to the poor, then we are laying up
treasure in heaven. And God promises to meet our needs here on earth.
Silver and gold are not evil. But the love of money is
evil. Our Lord Jesus taught us to be faithful even in the "unrighteous mammon".
To be faithful in money, we need to understand paper money. We also need to
understand inflation and its relationship to silver and gold.
PAPER MONEY
Throughout history, men have traded things that they valued. It could be cattle
(good for dairy and meat) or horses (good for transportation and war) or silver
and gold (good for jewelry and temple artwork, whether Hebrew or pagan).
Paper money was a more recent development. Paper money was originally an
I.O.U. for something of value (such as silver or gold). Paper money
could be traded for silver or gold upon demand. Paper money was easier to carry
and store than large amounts of silver and gold coins (or bars).
But when banks and governments issued paper money, they soon realized that not
everyone demanded silver and gold coins for paper money. So some banks and
governments began to print more paper money than they could actually back by
silver and gold coins.
Why print more? Then the banks and governments could spend more. Whenever a few
souls grew suspicious of the bank or government, they demanded silver and/or
gold coins in exchange for the paper money.
As long as only a few demanded hard money for paper money, the bank or
government that issued the paper money could pay the silver and gold coins upon
demand. Several times in modern history, some banks and governments have decided
to print paper money backed by nothing else than the "good faith and credit" of
the bank or government. This has always led to disaster.
INFLATION
Inflation is an increase in the money supply.
It is caused primarily by the printing of unbacked paper money. Fiat money
(money created out of nothing) is a
fraud.
It has always led to inflation in the past and always will in the future.
Inflation is also caused by debt and the extension of credit based on fractional
reserve banking. Banks lend more than they have, creating more money out of
nothing. Borrowers spend the money the bank created, pumping even more money
into the economy.
Inflation causes an increase in both prices and wages.
It also causes a decrease in the value of each dollar.
More dollars chasing basically the same amount of goods and services allows
vendors to charge more dollars and workers to demand more dollars. But as prices
rise, each dollar buys less and less.
People on fixed incomes, such as
the
elderly
and the
disabled,
are the hardest hit by inflation.
HYPERINFLATION
As the Federal Reserve continues to create money out of thin air at record
rates, inflation will soon become hyperinflation. What are the results of
hyperinflation? Your savings and investments, in terms of paper dollars, will
be wiped out!! So will your ability to buy even the most basic necessities with
paper money.
It happened in Germany after World War I and in China after World War II. More
recently, it happened in Argentina, Brazil, Russia and Zimbabwe. It can, and
will, happen in America.
Silver and gold have value in areas such as jewelry, electronics and dentistry.
Paper money has no intrinsic value, unless backed by something of value, such as
gold or silver. The U.S. Dollar is no longer backed by gold. It has not been on
the gold standard for decades.
As the purchase value of paper money goes down, the
dollar price of gold and silver goes up.
Those who understand this buy gold and silver. Buy Gold American Eagles .
They are
legal tender
U.S. gold bullion coins.
Can't AFFORD GOLD?
Can't afford gold? Buy silver. American Silver Eagles
and pre-1964 90% Silver Coin Bags
are a good place to start. Both are
legal tender in the
USA.
They will be good barter items when the paper dollar loses all remaining value.
You can start small by buying a roll of 100 pre-1964 dimes and/or 20 pre-1964
half dollars.
After 1963, only Kennedy half dollars contained 90% silver, and
only those
Kennedy halves minted in 1964. The Kennedy Half Dollar 1964 BU
(Bright
Uncirculated) is also a good way to buy silver.
Silver coins cost more than their face value, due to the value of their silver
content. This shows what an increase in the money supply has done since 1963. A
pre-1964 half dollar silver coin is selling at over $15 at the time of this
writing. That is an increase of over 30 times its original value.
Prior to 1933, you could exchange a $20 bill for a $20 gold coin containing
roughly one ounce of gold. Today, an ounce of gold is selling at well over a
$1,000 an ounce. This is an increase of over 50 times its original value. This
shows what an increase in the money supply has done since 1932.
And it will only get worse as the Federal Government continues to ring up record
high, multi-trillion dollar deficits and the Federal Reserve continues to print
paper money to pay the bill.
HYPERINFLATION SURVIVAL GUIDE
To be a faithful steward of the money God has given you,
you need to protect that money from the effects of HYPERINFLATION.
You should trade paper money for gold and silver on a
regular basis. This is our
hyperinflation survival guide in a nutshell. See also our
Suggested Links for Further
Preparation
(below).
Keep only enough
paper dollars in the bank as you need to pay your bills. Any extra paper
dollars should go into silver (and gold, if you can afford it). Later, if
you need paper money, you can always sell some silver and gold for cash.
You can buy gold and/or silver coins and bars at your local coin shop or online
at one of the links below. Don't want to store gold or silver at home?
Or you want to own larger supplies in a vault?
We suggest GoldMoney at the link below.
You can open a
FREE
account with GoldMoney. You can buy in
any
amounts, as
often
as you wish. Your bullion is stored in vaults in London, Zurich and Hong Kong. Its value is
always available
to you through wire transfer of funds to your bank.
As inflation worsens, the dollar value of your gold and/or
silver will rise, offsetting the small fees for storage and administration. (Hint:
It costs less to store gold than to store silver, since for the same dollar
investment, gold takes up much less space than silver.) For more information on
GoldMoney, click the link below:

For gold and silver shipped to you, fully insured, (rather than stored in a
vault), we suggest the links below:
Buy Gold and Silver Online 24/7 at GoldenEagleCoin
Kennedy Half Dollar 1964 BU
90% Silver Coin Bags
Suggested Links for Further Preparation:
Other Links of Interest: George Theiss wrote this Hyperinflation Survival Guide from a Biblical
perspective. He has training and experience in both the world of finance and in
the realm of theology.
George Theiss is a
combat veteran of Vietnam who now follows the
Lamb of God. He
and his wife Christy have been married 34 years. They have
8 children.
Do you love the King James Bible? Then you will love Scripture Songs sung from the KJV by Patti Vaillant.
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Tulip Gems is a Calvinistic Baptist web site that honors Jesus Christ and provides a free Hyperinflation Survival Guide. We offer free Bible Articles on several subjects, including Bible Nutrition , Creation Science versus Evolution , Passover , The Great Commission and Tulip Calvinism .
Which Bible can we trust? Which Bible is the most accurate? Why KJV only? Read our Which Bible series of articles for answers from both Scripture and history (including a Rebuttal of James White's book, The King James Only Controversy).
Who is Jesus Christ? Why KJV only? Why Home School your children? Jesus Christ is Lord and the KJV Bible is the Preserved Word of God in English. Finally, Scripture gives us compelling reasons to Home School our children. One very important reason is to lead them to Our Passover Lamb. We recommend Christ-centered Home Schooling Curriculum.
George Theiss is a combat veteran of Vietnam who now follows Lamb of God. He and his wife Christy have been married 34 years. They have 8 children.
Copyright 2002 through 2010 by George R. Theiss
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