Lyle's Blog

These are thoughts borrowed from one Charles Hugh Smith. In this world of diverse necessity his name seems from a time in a distant past where the words of a white man would seem hardly worth noticing. But as we find, the worthiness of a white man’s word is of value being all men are capable of telling the truth although some find it most inconvenient.

He describes our collective self as junkies, addicted to FED monetary policy. We’ve become so accustomed to it we’ve all become addicted to its easing of economic pain and separating ourselves from the fetynal it sells is unthinkable. Easy access to debt has in one well-designed package harnessed the masses into everlasting bondage for college, cars, and what have you whilst simultaneously allowing the well-healed to borrow money below what the average bloke is able and profits handsomely.

This is nothing we don’t know but our addiction is the problem. Every last one of us, rich, poor, stupid, wise, depend upon that shot of confidence we get from the FED chair to make us feel all is well. On the way down we get the jitters; we all know what’s wrong, at least if we were truthful creatures we admit it. We just need something to dtimulate our hope. Just make us feel good; give us something to make it all better.

Admitedly there are many who are oblivious to the consquences of FED addiction. Our betters have gotten away with it, whatever it is. But I think most of us know and dread what feels like our last trip to the ER, hearing the preciding FED physician says what we already knew but never wanted to hear, “there’s nothing we can do, it’s over”. The problem is, we never know which trip is the last. It’s then the weeping begins. The resentment, anger, regret, and abandonment of hope comes flooding over us. It’s like being on an airplane. We’ve taken many flights before, some good, some not so much, but we always got there.

This time is different. The pilot tells us to prepare for a rough landing. A rough landing? Ok. They’ve said that before. Something seems different this time. Somehow we feel like a bunch of clowns riding in a big metal tube; we see the crew preparing parachutes; we can’t help but notice there aren’t enough for us. Our lives, our children’s lives, all depended on this flight making it. We now become very unsettled when it’s announced we are in final approach. Final. it all so final.

Our fractional reserve banking system creates new money in two ways; it prints it or borrows it into existence. I am not a financial advisor so any remarks are purely my personal understanding or observation. When new money is borrowed into existence it gives the illusion of growth. Being that debt incurs interest, as time passes the return on borrowing to attain growth is less and less productive.

Notice how much more the FED is printing/borrowing now compared to the 2008 collapse. Our national debt went from just over 10 trillion in 2008 to almost 12 trillion in 2010. As a percentage of GDP, 68% to 82%. 2021 sees almost 30 trillion in debt and 124% of GDP. Growth has become so anemic that the incurred debt can’t be covered.

We are reaching a tipping point where our debt can destroy the whole financial system, to put it bluntly, collapse. Once defaults are the normalcy the FED will have to print more instead of its current threat of raising rates.

The only way out is a return to honest money. Some think gold and silver and other precious metals and I do believe some commodity ownership is wise. However, I think cryptocurrency, after much attempted sabatoge, will become the medium of exchange. It’s already a two trillion dollar market and young people are more inclined to use something digital, safer, and less bothered by government intrusion. For a while the market will be choppy and remain the rollercoaster ride it is today.

But as stable coins offer a “middle” ground, safer if you will, and NFT becomes more common, then Bitcoin and the like will start replacing the world’s failing currencies. Governments will try to stop it but as players like Russia use it vs the U.S. dollar it’s usage will become commonplace.

I believe Bitcoin will trade in a sideways pattern for sometime. For those quick on their trade, there’s money to be made. The next phase of the card- house building by the FED make for a very risky trading time.

Buy endurables, things you need, things of real value. We knew the FED scam would bring us to this point and God help us to grab the reigns of power from the grubby mits of those who think they’re better than we.

Truckers are kind of a breed of their own. Lots of time on the road, time to think, time to wonder if it’s all worth it. If they have family the question of worth is not open to question. Nobody thinks about truckers too much but they of all people are essential workers.

The government of Canada and the United States are at the tipping point. They’ve got to turn one way or another. Let the people go, give them their freedom back or go full tyranny. From what Castro’s illegitimate son indicates, he’s willing to go to arms. He’s already freezing their funds, stealing their gas, visiting homes that said something supporting the convoy on facebook, and all with the help of the police.

Joe Biden is just as apt to respond in like manner, bare his chest, shout his demands, and use the police and the military (which he has purged of the best patriots) to drive the final nail into the coffin of liberty.

Covid, worldwide, has given police plenty of practice in rounding up those who question and even downright defy the dictates of the state. To say this will be a year of unrest is understating the dire affairs of the months till the election. Not that the election will change anything; more likely every “win” will be challenged by the tyrants. Besides, we have no access to Dominion voting machines. Being the company is made up of dedicated Marxists, I sincerely doubt the outcome will be as anticipated. I hope I’m wrong but I have no faith in the American people.

I suppose the white lines on black pavement do make truckers white supremists, racists if you will. Canadian truckers are liberals for the most part but they do recognize when Castro’s boy is getting a little too big for his britches which means the temperature of white line fever is going up, higher and higher. Who knows, maybe some of us less essential people will join the chorus and shout the tyrants down. Some of us will pay a terrible price for noncompliance, disobedience if you will, but as has been said before, it’s better to die on your feet (or in your truck) then to live on your knees. Push coming to shove, we’re about to see what we’re made of.