The 5 Tactical Levels Of Preparedness – What Level Are You At?

That’s it. That is the very end. I just wrote a long post that the damned screening device killed. I am through with this website. Claude, you know where you can put it.

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I have to post this comment here because this page is the latest from Claude. I need this to get out NOW! Unfortunately it’s quite long and a little off topic but I think it’s important enough that it needs to be posted. For whatever reason a lot of Hopi prophesy information is also coming my way all at once. Maybe there is a greater intelligence at work here. I’m open to the possibility.

A remarkable and yet concerning development in the banking sector is signaling the financial system is in big trouble. Severe imbalances between the volume of loans and deposits in all four of the biggest US banks are indicating that the overflow of liquidity issued and pumped into the system by the Federal Reserve over the past 12 months is triggering operational problems for banks and setting the economy up for failure. The loan-to-deposit ratio is a measure of how much money printed by the central bank enters the bank system and how much money is created by private entities. The first being responsible for bad inflation – higher prices for assets and goods, lower growth – and the second by good inflation – boosting economic growth with real money.

The largest US bank, JPMorgan, just released its latest earnings report in which it reported that in the second quarter its total deposits went up by a staggering 23% year-over-year, to $2.3 trillion. On the other hand, the total amount of loans issued by the bank remained flat, at $1.04 trillion. This means that more printed money is making into the financial system than real money is getting out and going into circulation across the economy. Moreover, the report highlighted that this is the second time in history that in the first quarter, JPMorgan recorded 100% more deposits than loans. In other words, the ratio of loans to deposits is now 50%. The last time such sharp imbalances between the volume of loans and deposits occurred was just before the Lehman crisis, so this is a very alarming situation financial analysts have been closely watching.

However, for Bank of America, this epic divergence is even worse: Deposits hit a new all-time high of $1.91 trillion, despite the fact that the bank’s loans have continuously shrunk at a very alarming, deleveraging pace and are now sitting at $927 billion, roughly $100 billion below their level just before the Lehman crisis. That is to say, Bank of America recorded zero loan growth for the past 12 years, while the bank’s deposits have doubled. The same has happened to Citigroup and even Wells Fargo. Simply put, for the past 12 years, only fiat money was put into circulation.

There are two major implications resultant from the collapsing loan-to-deposit ratio. The first is that this ratio is a closely watched metric that measures how much lending a bank is doing when compared to its capacity to lend. The second is actually the most fundamental question in modern fractional reserve banking: “what comes first, loans or deposits”? Put in another way, do private, commercial banks create the money in circulation by first lending it out, or is the central bank the only one responsible for money creation? Deposits are coming first because the money supply has exponentially grown in the past year, and everyone knew that, eventually, this money would flood financial markets while also pushing the price of assets, goods, and services sky-high. For evidence, just note the recent explosion in consumer prices that readjusted inflation expectations have risen to the highest in 13 years. In essence, the recent loan and deposit data means that the conventional process of deposit creation via loans is terminally broken.

In conclusion, banks won’t have another alternative but to issue a massive amount of loans to offset the massive amount of liquidity injected by the Fed into the financial system. More importantly, once banks release this huge lending effort the inflation provoked by the Fed’s policies will show its worse effects. Another critical reason why this data is so relevant is that the continued loan destruction is a sign of looming deflation, meaning that prices will stay up while growth will remain flat, so the inflation fueled by the Fed won’t serve its purpose of actually stimulating the economy. But even though everyone has been warning the Fed about the flaws of the current policies, it is very likely that once a deflationary period starts to occur, the government will launch another major reflationary mega stimulus, which will also fail to stimulate benign inflation and keep fueling asset and price bubbles across the financial markets and the economy for another 3 to 6 months, in case they haven’t already burst.

Needless to say, this helicopter money will and once again fail to create benign economic inflation, and every additional liquidity injection will only push us one step closer to uncontrolled asset price hyperinflation as soon as those trillions in newly created printed dollars start flowing right back into the financial market again. We’re on the verge of a new era of painful price hikes and a stagnant economy, and we will be incredibly lucky if a catastrophic financial crisis doesn’t happen in that process.

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I have1, 2, 3, and probably 4 covered. Hope I have enough gumption to cover 5. If not I have a spot in a family plot here waiting if I go by way of the grave. If we get to #5 it may not even matter if I get burried. Still, I keep aiming to get through. I keep encouraging friends to be ready. Some are getting the idea.
Friend on a reservation was under the harshest lockdown in the US. Several months no one was allowed out or into her home area. Some ministries sent food to the area chapter houses. A little got to her but not much. They survived on what they had on hand. I’d given her a 20 lb bag of rice and a 20 lb bag of beans plus a 5 gal bucket of canned meats, fruits, and vegetables. The used it all. But she now knows she needs to be better supplied to survive another lockdown. Especially if ministries aren’t able to deliver food to the area.
I just gave her a 55 gallon plastic food grade barrel for water. I may give her a 55 gallon lined metal barrel that help food grade oil. It would hold water with that plastic lining. I have containers for garden and critters, 22 gallons in the kitchen and a manual winch for the second well.
I enlarged the garden but it hasn’t been a spectacular success. I am canning our wild amaranth and other things as they are available. This evening I canned 3 pints of amaranth with diced pork, 3 quarts and 1 pint of spiced pickled apple slices. A few days ago I canned 8 pints and 7 quarts of pork and vegetable soup. I just keep adding what I can. It’s what I can do.
Do I have what I’d like? No! But I just keep steadily doing what I can.
We lived on stored food when I was so sick last spring with covid. It gave me a better idea what it takes. I was well prepared for that time. I grew up always preparing to live from garden harvest to the next harvest. I’ll be drying amaranth and onions on screens. I have 30, 1 gal glass pickle jars for storing things. I dry a lot of herbs also. When I have extra summer squash, tomatoes, peppers- hot or sweet, onions, fruits, greens, winter squash, potatoes and more.. I dry it or can it.
I have gotten a treadle sewing machine working. I still need to finish repairing the wood part of the cabinet. I’m add ing shelves around the house but had to move a lot of things out of the hallway. Husbands walker needs more room to get through, so rearranging the home. Small homes never have enough storage space.
I am building, hey great grandma is slow, a chicken pen, coop, duck house, and moving the rabbits so all will be closer to the home for my convenience. Then 2 storage rooms, one for 50 lb bags of grain. The other for dried seasonings and edibles. Freezing won’t hurt them. I’m recycling an old mobile home.

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Jerry D. Young:
Thanks for your reply. That story sent a chill through me. It reminds me of when New Hampshire’s Old Man In The Mountain came down a few years ago. I remember thinking at that time that it was an ill omen, but I don’t know of any legends or traditions connected to it, Native American or otherwise. It was just a gut feeling.
Regardless of theology or traditions, I think we can all agree that we are about to experience some drastic changes in our lives. Setting our houses in order, whatever that means to you, seems like a good thing to do very soon.