Inflation
The year 1971 saw the trajectories of nearly every major trend relative to our way of life shift massively.
This week’s guest experts, Ben Prentice and Collin, founders of WTFHappenedIn1971.com, explain how virtually all of these changes are a direct or indirect result of the monetary system “breaking” that year with the Nixon Shock and the end of the Bretton Woods System.
1971: The Year That Changed Everything
PREVIEW by Adam TaggartThe year 1971 saw the trajectories of nearly every major trend relative to our way of life shift massively.
This week’s guest experts, Ben Prentice and Collin, founders of WTFHappenedIn1971.com, explain how virtually all of these changes are a direct or indirect result of the monetary system “breaking” that year with the Nixon Shock and the end of the Bretton Woods System.
Executive Summary
- The #1 reason the entire system will collapse: oil
- Why the Fed is stuck with the Zombie economy it created
- How I am hedging against the inflation of the printing press
- Why we need to be our own heroes in this story — the authorities certainly won’t
If you have not yet read Part 1: One Step removed, available free to all readers, please click here to read it first.
Our approach at Peak Prosperity is to begin at the top and then work down. We’ve got a framework for understanding the world and assigning priorities to our actions.
The big picture view is this: infinite growth on a finite planet is impossible. Yet our entire system of money and our economic systems are all predicated on the idea of infinite growth. Quite the conundrum, eh?
To me there’s no contest and no conundrum to solve. Reality wins out every time. If you overfish the seas and the fisheries collapse, then the reality of that wins out over whatever ‘the market’ demands. Fish prices could double or quintuple and still no more fish will emerge from the empty sea.
The most basic reality that we all live under – yours truly especially included – is that fossil fuel energy delivers pretty much everything we see around us, everything we consume, and supports everything we do.
Even with some rosy projections for August and September, it’s clear that…
_______________
Why is this full report restricted to Peak Prosperity’s premium subscribers? Two main reasons:
One — we reserve our best analysis and most directive guidance for the paying members whose financial support makes operating this site possible. Also, given that some of this material is our “best guess” thinking or can be overly revealing of the details of my personal actions, I’m only willing to share that with this private audience. I wouldn’t feel comfortable having that level of speculative/private information out in the public realm.
And Two — one of the many benefits of premium membership is closer access to the experts on this site.
If you’re not yet a premium member but would like to become one and access this full report, as well as *all* of our premium content, click the button below to subscribe:
The Way Out
PREVIEW by Chris MartensonExecutive Summary
- The #1 reason the entire system will collapse: oil
- Why the Fed is stuck with the Zombie economy it created
- How I am hedging against the inflation of the printing press
- Why we need to be our own heroes in this story — the authorities certainly won’t
If you have not yet read Part 1: One Step removed, available free to all readers, please click here to read it first.
Our approach at Peak Prosperity is to begin at the top and then work down. We’ve got a framework for understanding the world and assigning priorities to our actions.
The big picture view is this: infinite growth on a finite planet is impossible. Yet our entire system of money and our economic systems are all predicated on the idea of infinite growth. Quite the conundrum, eh?
To me there’s no contest and no conundrum to solve. Reality wins out every time. If you overfish the seas and the fisheries collapse, then the reality of that wins out over whatever ‘the market’ demands. Fish prices could double or quintuple and still no more fish will emerge from the empty sea.
The most basic reality that we all live under – yours truly especially included – is that fossil fuel energy delivers pretty much everything we see around us, everything we consume, and supports everything we do.
Even with some rosy projections for August and September, it’s clear that…
_______________
Why is this full report restricted to Peak Prosperity’s premium subscribers? Two main reasons:
One — we reserve our best analysis and most directive guidance for the paying members whose financial support makes operating this site possible. Also, given that some of this material is our “best guess” thinking or can be overly revealing of the details of my personal actions, I’m only willing to share that with this private audience. I wouldn’t feel comfortable having that level of speculative/private information out in the public realm.
And Two — one of the many benefits of premium membership is closer access to the experts on this site.
If you’re not yet a premium member but would like to become one and access this full report, as well as *all* of our premium content, click the button below to subscribe:
After so much time cautioning about and preparing for the end of the Everything Bubble, it feels otherworldly to be finally confronted with the actual end of “what was.”
It’s really here. This isn’t a dress rehearsal. The curtain has gone up and the show has started.
I find myself alternating between excitement and deep anxiety. Maybe several times in the same hour.
Excitement because this is a historic moment, one that offers us all a chance to reform things for the better. Deep anxiety because there are some very dark outcomes that are open possibilities.
I’m mainly writing today to warn you of the all-too-likely… (Enroll now to continue reading)
The Beginning Of The End
PREVIEW by Chris MartensonAfter so much time cautioning about and preparing for the end of the Everything Bubble, it feels otherworldly to be finally confronted with the actual end of “what was.”
It’s really here. This isn’t a dress rehearsal. The curtain has gone up and the show has started.
I find myself alternating between excitement and deep anxiety. Maybe several times in the same hour.
Excitement because this is a historic moment, one that offers us all a chance to reform things for the better. Deep anxiety because there are some very dark outcomes that are open possibilities.
I’m mainly writing today to warn you of the all-too-likely… (Enroll now to continue reading)
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