This document warns that inflation is coming to America due to government debt, money printing, and global economic issues. It states that the US national debt is over $14 trillion, and austerity measures will be needed to combat inflation, including spending cuts to public services, tax increases, and delays to entitlement programs. The author advises preparing by investing in specific companies that can withstand inflation, such as gold miners meeting criteria like reserve levels and production costs, as well as firms in industries like agriculture, energy and materials with pricing power.
Presentation for League of Women Voters of Central, PA (10/17/17)Colleen LaRose
Looking forward to speaking to the League of Women Voters in Central, PA on Tuesday October 17th from noon to 1pm at La Primavera restaurant in Lewisburg, PA
I will also be on the radio in the morning on radio station WKOK at 7:10am and 7:40am If you are in the region...stop by or listen!
This presentation is the start of a national dialogue on the US economy....why the economy is in the mess it is in and what we can do on the local/regional level to impact the national economy.
If you would like me to help you start this important dialogue in your region, contact me at colleen@nereta.org
How can we slow (1) increasing income inequality & (2) US debt.Paul H. Carr
How can we slow (1) increasing income inequality & (2) National Debt?
Possible solutions might include Keynsian and trickle-up economics. Might the Moral Equivalent of War increase social capital and wealth taxes?
Post-COVID Economic Challenges: Unemployment, Increasing Inflation & National...Paul H. Carr
Post-COVID Economic Challenges: Unemployment, Income inequality, Increasing Inflation, & National Debt.
Paul H Carr summarized a webinar by the following: Eric Rosengren, President and CEO, Federal Reserve Bank of Boston; Wendy Edelberg, Brookings Institution, and Philip Swagel, Director, Congressional Budget Office. Would less inflationary and debt increasing relief act have been better than President Biden’s $1.9 Trillion bill?
Thirty years of growing income inequality, corporate tax cuts and personal tax breaks for the wealthy have undermined the livelihood of working people and set up a state budget crisis which does not need to
exist. We present alternative tax proposals and issue a warning of the ominous consequences of privatization, layoffs and state service cuts for all New Yorkers.
Presentation for League of Women Voters of Central, PA (10/17/17)Colleen LaRose
Looking forward to speaking to the League of Women Voters in Central, PA on Tuesday October 17th from noon to 1pm at La Primavera restaurant in Lewisburg, PA
I will also be on the radio in the morning on radio station WKOK at 7:10am and 7:40am If you are in the region...stop by or listen!
This presentation is the start of a national dialogue on the US economy....why the economy is in the mess it is in and what we can do on the local/regional level to impact the national economy.
If you would like me to help you start this important dialogue in your region, contact me at colleen@nereta.org
How can we slow (1) increasing income inequality & (2) US debt.Paul H. Carr
How can we slow (1) increasing income inequality & (2) National Debt?
Possible solutions might include Keynsian and trickle-up economics. Might the Moral Equivalent of War increase social capital and wealth taxes?
Post-COVID Economic Challenges: Unemployment, Increasing Inflation & National...Paul H. Carr
Post-COVID Economic Challenges: Unemployment, Income inequality, Increasing Inflation, & National Debt.
Paul H Carr summarized a webinar by the following: Eric Rosengren, President and CEO, Federal Reserve Bank of Boston; Wendy Edelberg, Brookings Institution, and Philip Swagel, Director, Congressional Budget Office. Would less inflationary and debt increasing relief act have been better than President Biden’s $1.9 Trillion bill?
Thirty years of growing income inequality, corporate tax cuts and personal tax breaks for the wealthy have undermined the livelihood of working people and set up a state budget crisis which does not need to
exist. We present alternative tax proposals and issue a warning of the ominous consequences of privatization, layoffs and state service cuts for all New Yorkers.
Economic Inequality: A Relational Ethical ChallengePaul H. Carr
ROOT CAUSES OF INEQUALITY
ETHICS
-Individual relationships vs Societal Responsibility
ECONOMIC THEORIES
– Individual Gain vs Common Good of Society. EDUCATIONAL REQUIREMENTS
-Most of the increase in productivity and wealth is due to advances in digital computer technology.
- Bill Gates of Microsoft and Jeff Bezos of Amazon are now wealthiest.
- Digital computer technology requires a college-equivalent math-based education
TAX STRUCTURE
-Income inequality started in 1980 with reduced income taxes on the rich. “Trickle-Down” economics not as good as "Trickle-Up"
-More inequality in US than Europe.
The public tends to focus on the total national debt, which just passed the $17 trillion mark.
But that figure pales in comparison to the federal government’s long-term unfunded liabilities
—money the government is obligated to pay over and above the revenues it is estimated to receive.
According to the U.S. Debt Clock, total long-term unfunded liabilities are at $126 trillion, a $1.1 million liability for each U.S. taxpayer. The main driver of that astronomical number
is two of our major entitlement programs: Social Security and Medicare.
This file explains the sole causes but also the sole great solutions for the economic crisis. What is needed, is MORE money. Which can be reached in SIMPLE ways by means of my innovation for our money systems, mentioned and explained in my draft book being uploaded at www.scribd.com/wberendsen. It is the lowest file uploaded there.
2010 Getting Beyond Turbulent Times By Richard D. Smith, Smith Trgricharddsmith
2010 Getting Beyond The Turbulent time by SMITH-TRG, Richard D. Smith, The Need for U.S. Job Crowth and Wealth Creation Machines to drive to 3.6 net jobs per year (of 16 million required) and add $180 billion in first year to nations economy. Position the nation for FUTURE WORLD enterprise growth and sustainable job creation.
Whatever your future, planning is the key. Understanding the factors involved
in your decision-making process, working with financial professionals,
communicating with family and being flexible both before and during
retirement are all important components of planning for retirement income.
They are the plot devices that help your retirement story have a happy ending.
Economics is social science that analyses the best way to allocate scarce resources in order to satisfy the human wants and needs.
Economists therefore study how people make decisions: how much they work, what they buy, how much they save, and how they invest their savings.
Economists also study how people interact with one another. For instance, they examine how the multitude of buyers and sellers of a good together determine the price at which the good is sold and the quantity that is sold.
Finally, economists analyze forces and trends that affect the economy as a whole, including the growth in average income, the fraction of the population that cannot find work, and the rate at which prices are rising
Gayle Allard (Vice Rector of Research at IE Business School), brought to us an analysis of the causes behind the actual European crisis, drawing the attention to the enormous challenges ahead. Referring to the different factors that contribute to the satisfaction of women, Gayle Allard shared with the audience a research survey illustrating the lack of correlation between wealth increase (GDP) and happiness in general, inviting all the presents to reflect on the way society should be heading to.
Right now the Washington establishment has chosen to focus on the Debt Crisis and has forgotten Fairness. They have failed to realize that the Debt Crisis is in fact merely a symptom of our economic crisis and is the result of bad economic policy - unfair policy. This presentation puts the Debt Crisis in its proper perspective. It is brought to you by the Fairness Coalition.
Economic Inequality: A Relational Ethical ChallengePaul H. Carr
ROOT CAUSES OF INEQUALITY
ETHICS
-Individual relationships vs Societal Responsibility
ECONOMIC THEORIES
– Individual Gain vs Common Good of Society. EDUCATIONAL REQUIREMENTS
-Most of the increase in productivity and wealth is due to advances in digital computer technology.
- Bill Gates of Microsoft and Jeff Bezos of Amazon are now wealthiest.
- Digital computer technology requires a college-equivalent math-based education
TAX STRUCTURE
-Income inequality started in 1980 with reduced income taxes on the rich. “Trickle-Down” economics not as good as "Trickle-Up"
-More inequality in US than Europe.
The public tends to focus on the total national debt, which just passed the $17 trillion mark.
But that figure pales in comparison to the federal government’s long-term unfunded liabilities
—money the government is obligated to pay over and above the revenues it is estimated to receive.
According to the U.S. Debt Clock, total long-term unfunded liabilities are at $126 trillion, a $1.1 million liability for each U.S. taxpayer. The main driver of that astronomical number
is two of our major entitlement programs: Social Security and Medicare.
This file explains the sole causes but also the sole great solutions for the economic crisis. What is needed, is MORE money. Which can be reached in SIMPLE ways by means of my innovation for our money systems, mentioned and explained in my draft book being uploaded at www.scribd.com/wberendsen. It is the lowest file uploaded there.
2010 Getting Beyond Turbulent Times By Richard D. Smith, Smith Trgricharddsmith
2010 Getting Beyond The Turbulent time by SMITH-TRG, Richard D. Smith, The Need for U.S. Job Crowth and Wealth Creation Machines to drive to 3.6 net jobs per year (of 16 million required) and add $180 billion in first year to nations economy. Position the nation for FUTURE WORLD enterprise growth and sustainable job creation.
Whatever your future, planning is the key. Understanding the factors involved
in your decision-making process, working with financial professionals,
communicating with family and being flexible both before and during
retirement are all important components of planning for retirement income.
They are the plot devices that help your retirement story have a happy ending.
Economics is social science that analyses the best way to allocate scarce resources in order to satisfy the human wants and needs.
Economists therefore study how people make decisions: how much they work, what they buy, how much they save, and how they invest their savings.
Economists also study how people interact with one another. For instance, they examine how the multitude of buyers and sellers of a good together determine the price at which the good is sold and the quantity that is sold.
Finally, economists analyze forces and trends that affect the economy as a whole, including the growth in average income, the fraction of the population that cannot find work, and the rate at which prices are rising
Gayle Allard (Vice Rector of Research at IE Business School), brought to us an analysis of the causes behind the actual European crisis, drawing the attention to the enormous challenges ahead. Referring to the different factors that contribute to the satisfaction of women, Gayle Allard shared with the audience a research survey illustrating the lack of correlation between wealth increase (GDP) and happiness in general, inviting all the presents to reflect on the way society should be heading to.
Right now the Washington establishment has chosen to focus on the Debt Crisis and has forgotten Fairness. They have failed to realize that the Debt Crisis is in fact merely a symptom of our economic crisis and is the result of bad economic policy - unfair policy. This presentation puts the Debt Crisis in its proper perspective. It is brought to you by the Fairness Coalition.
What Brands can Learn from Hollywood: Interview with: Jonathan Sands, Chairman, Elmwood, a sponsor company at the marcus evans CMO Asia Summit 2013, on brand differentiation.
A detailed review of the causes and effects of income inequality. Details on how extreme it is. Citation of many authors suggesting how it came about and what to do about it.
This presentation on privatization and TIFs was given to Theresa Amato's public interest law class at the Loyola Law School. The audio is 47 minutes long. If you'd like a copy, please email tom@civiclab.us.
US Economic Outlook 2008-11+ (Updated 28 May 08); Discussion of Money, Federal Reserve, Dollar as World's Reserve Currency, Inflation, Deflation, Oil, OPEC, Debt, Saving Rate, Housing Bubble and Future Outlook for US Economy
1. Inflation
Welcome to America!
This report is not meant to alarm or frighten you. Rather, it is
intended to prepare you for some possible eventualities.
Everything written here is OPINION.
2. “Massive austerity measures
are coming to America.
Navigate the waters of the coming
inflationary storm, and see your wealth and
security increase, while those all around you
see theirs fall.”
Please share this report. Help prepare your friends, co-workers, and
family members for the possibility of what is to come.
2 Peter Leeds > Inflation, Welcome to America
3. Inflation, Welcome to America!
America is about to see massive austerity measures (the kind which set off riots in Greece). The government will be doing this
to combat inflation, which is on it’s way here right now, and here’s why:
• Iceland’s Currency Collapse
• Revolts in Egypt and Tunisia
“The outstanding
• Syria, Yemen, Jordan, Lebanon, Saudi Arabia, Iran...
• Algerian Riots debt of the USA is
• The State of the American Wallet
• Coming Soon - Massive Austerity Measures
• Humming Printing Presses
$14,075,035,333,884.
• So, What Now?
• How to Profit and Protect Yourself
That’s 14 trillion.”
• Final (Important) Thought
Inflation in everywhere else in the world. It will be here next, if you haven’t already noticed it.
In the U.S., we suffered through double digit inflation in the 1910’s, 1920’s, 1940’s, 1970’s, and 1980’s. During those times, many
watched their finances wither away, while others positioned themselves to greatly enhance their wealth.
I will explain some actions you can take to help yourself, if inflation does indeed get out of control here in America.
What is inflation? When you go to buy fuel or bread, and you’re paying more for
it than you did a month ago. The following month you will have to pay even more.
Iceland’s Currency Collapse:
Inflation has begun raising it’s head throughout the world. Iceland had double-digit inflation in the last few years, resulting in
food hoarding across the nation, and eventually a collapse in their currency.
Revolts in Egypt and Tunisia:
Last year’s 17% inflation rate in Egypt, combined with a food shortage, has led to the current uprising we’re witnessing there.
You may remember that Tunisia went through an upheaval very recently, even before Egypt did. Widespread protests caused
president, Zein al-Abidine Ben Ali, to flee.
Syria, Yemen, Jordan, Lebanon, Saudi Arabia, Iran...:
The unstable government of Syria may take their turn next, possibly followed by Yemen, Jordan, Lebanon, and potentially even
Saudi Arabia. We have also seen revolts in Iran last year, which have been put down so far, but may resurface when the young
population can no longer afford food.
www.PeterLeeds.com • 1.866.My.Leeds 3
4. Algerian Riots:
Algeria is the 9th largest crude oil producer in the world, and 6th largest natural gas producer.
Long before Egypt’s current uprising, when similar events occurred in Algeria in 1990, it led to an 8 year guerrilla war. As many
as 200,000 died in the fighting, along with 70 journalists assassinated. It ended with the government retaining control... until now,
that is.
In Algeria in the first week of this year, the government hiked prices of milk, sugar, oil, flour and other staples. 800 people were
injured in the ensuing riots (although you never heard about this on the news).
Unemployment in Algeria is pegged as high as 25% (unless you trust the government’s “official” and misleading 11% figure).
Inflation keeps creeping up. It’s a matter of time before people take to the streets again, as things keep getting worse, and the
example from Egypt has served as inspiration.
The State of the American Wallet: “Massive austerity
About 70% of the last U.S. budget was paid for by brand new, freshly printed
money. The more American dollars in circulation, the less each one is worth. measures will be
Currently, the outstanding debt of the USA is $14,075,035,333,884 (That’s 14
trillion). The national debt is increasing by over $4 billion per day, and has
implemented.”
done so since 2007.
Based on the population of just over 300 million people, each and every citizen (including babies and 95 year olds) owes $45,400 of
this debt. Of course, that number will be even higher by the time you finish reading this sentence.
When you pay your taxes, a lot of it is going towards interest to float the debt. Even people who are not yet born will have to pay
interest on this debt.
Coming Soon - Massive Austerity Measures:
Best case scenario: Congress acts aggressively to balance the budget. This almost certainly could not be done before 2016, at best.
To make it work, there will need to be massive austerity measures implemented, such as:
- releasing prisoners (as California has already begun doing)
- reducing police forces (as California has already begun doing)
... do you see anything wrong with that picture?
• raising the retirement age (100% this will happen)
• tax increases
• fewer tax deductions
• dramatic scaling back of public services (road workers, teachers, fire fighters, government, etc...)
• pay freezes
• reduction in health care spending
• reduction in military spending
4 Peter Leeds > Inflation, Welcome to America
5. This will be a good start, but it alone will not be enough. We still need to deal with the $112 trillion of unfunded liabilities
(Medicare, Social Security, etc...) That’s $112 trillion that retires were expecting to live off of, but the government just does not
have the money! So, when you retire, where do you expect them to get the money from?
They will keep running the printing press. They will create more money. That is their only move. In other words, the value of
the US dollar keeps getting watered down.
This results in inflation.
“Each and every citizen
Humming Printing Presses: (including babies and 95
We’re getting inflation anyway, and it will only be increased and
sped up by the constant humming of the printing presses. year olds) owes $45,400
Now, before you start pointing fingers at Obama or Bush, realize
that this situation was created before either of them, and not by
of the national debt.”
a president. Rather, it could only have occurred through years of
poor decisions and a feeling of entitlement among policy makers.
The American people may also want to think about their own role. Most of the tough, yet absolutely necessary decisions would
have been political suicide, so senators could not do what needed to be done.
Sometimes you have to hit bottom to truly start getting better.
So, What Now?
Ideally, inflation never comes to pass. Maybe we sidestep this whole mess by some economic resurgence, and this entire report
won’t be worth the paper it’s printed on. I truly hope for that.
However, you may want to prepare just in case. Expect inflation, but use it as an opportunity to profit.
Certain types of investments should do very well in an inflationary environment. At the same time, you’ll want to avoid
companies that make products where the purchase decision can be put off (cars, appliances, televisions, etc...) during difficult
times. As well, bonds and currencies may perform very poorly.
If you are a subscriber to the Peter Leeds newsletter (www.PeterLeeds.com) then you’ve already seen some of our stock picks that
will position you well.
How to Profit and Protect Yourself:
Stocks themselves can be an inherent hedge against inflation, but only if you buy the right ones. Many people think they’re safe
if they buy a gold miner, only to get washed out by inflation. You see, not all gold mining companies are created equal.
• What is their Reserve Life Index (RLI)?
• Are they hedged (thus stuck with a fixed gold price) regardless of the cost of gold?
• Are they leveraged?
• What’s their production price?
• Total reserves in ground?
• Exploration or production?
• Current debt load?
• Cost to reach full production?
www.PeterLeeds.com • 1.866.My.Leeds 5
6. The list of pivotal questions goes on.
A similar list of considerations can be applied to other inflation-hedging stocks. Companies that make fertilizer, toothpaste, food,
drugs, certain base and precious metal, oil production (not exploration), etc...
It’s very important to get into the right ones (the 5% that meet all the inflation-hedging criteria, and pass Leeds Analysis) at the
right time. Going out and buying a company that makes fertilizer will not help you.
Survivors will be businesses that can support a fair amount of leverage, have decent pricing power, and limited capital needs. If
they borrow money, they do it at a fixed rate. If they are producing precious metals, they have a double-digit Reserve Life Index.
If they have debt obligations, it is funded by an inflation-adjusted, inflation-insulated revenue stream.
That’s why our research and analysis, along with our expertise, could really help you benefit. You’ll navigate the waters of a
coming inflationary storm, and see your wealth and security increase, while those all around you see theirs fall.
You can see our stock picks for free right now, by taking a trial at www.PeterLeeds.com.
Final (Important) Thought:
Don’t be fooled by stalling gold prices. After a momentous run-up in prices, it’s normal for profit-taking and wary investors to
pull the prices down in the short term. Also consider that gold never gets “used,” and just about every ounce ever mined is still
around today. Finally, major gold producers have recently announced that they are increasing production by over 15% this year.
Regardless, gold prices have still been holding up. This is because faith in the US dollar is toppling worldwide, and the metal can
act as insurance against economic calamity or hyperinflation.
Unfortunately, many investors think they are being smart by picking up some physical gold mutual fund or trust, not realizing
that it’s leveraged. For each ounce of gold the trust holds, they may have as many as 100 people with a claim to it. What happens
when 5% of the people ask for their gold at the same time?
6 Peter Leeds > Inflation, Welcome to America
7. Please share this report. Help prepare your friends, co-workers, and family members for the
possibility of what is to come.
Disclaimer:
Inflation, Welcome to America! is a wholly owned publication of Modern Strategies Inc. The opinions expressed about the stocks
and markets in this e-book or through our services are purely the result of independent research conducted by our staff and are
not offers or solicitations to buy or sell the securities mentioned.
The trading of securities may not be suitable for all potential users of Inflation, Welcome to America!. You should be aware of
the risks inherent in the stock market. Past performance does not guarantee or imply future success. You cannot assume that
profits or gains will be realized or that any strategy discussed in Inflation, Welcome to America! will be profitable.
All contents of Inflation, Welcome to America! , PennyStocks.com, Peter Leeds Penny Stocks service, and related properties
are provided for information purposes only. You agree that opinions of Modern Strategies Inc. should not be interpreted as
investment advice, as an endorsement of any security, or as an offer to buy or sell any security. We are not a registered broker
dealer, or financial advisor. We do not provide personal investment advice. We do not represent ourselves as qualified investment
advisors or properly licensed parties. We are a publicly available service that provides general, disinterested information.
Remarks and data comprising Inflation, Welcome to America!, PennyStocks.com, Peter Leeds Penny Stocks service, are provided
without warranty of any kind. In no event will we be liable for any direct, indirect, consequential, or incidental damages arising
out of any decision made or action taken by you in reliance on Inflation, Welcome to America! , PennyStocks.com, whether or
not caused in whole or part by our negligence.
The purchase of securities discussed by Inflation, Welcome to America! may result in the loss of some or all of any investment
made. We recommend that you consult a stockbroker or financial advisor before buying or selling securities, or making any
investment decisions. You assume the entire cost and risk of any investing and/or trading you choose to undertake.
Any written or verbal communications, comments, reviews, or testimonials sent to Modern Strategies Inc. or any of its
functioning properties is considered property of Modern Strategies Inc. and may be used or replicated at our discretion.
All information provided by Inflation, Welcome to America! is obtained from sources believed to be accurate and reliable.
However, due to the number of sources from which information is obtained, there may be delays, omissions, or inaccuracies in
such information. We do not warrant the accuracy of the information available through Inflation, Welcome to America!.
www.PeterLeeds.com • 1.866.My.Leeds 7
8. tel: 1.866.MY.LEEDS Join the Peter Leeds fan club on
e-mail: Questions@PeterLeeds.com Facebook, and get instant insights,
www.PeterLeeds.com tips, and guidance.
